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$ 940,000
Est. payment /mo
Price Dropped by $10K
4015 SE 19th AVE #5-9 Cape Coral, FL 33904
0.36 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2026020823
Style Resale Property
Year Built 1978
Annual Tax Amount $8,612
Tax Year 2025
Lot Size 0.362 Acres
Acres 0.362
Source Florida Gulf Coast
Property Description
Excellent opportunity to acquire a well maintained 5 unit multifamily property in a desirable Southeast Cape Coral location. This income producing asset features a strong unit mix of one 1 bedroom unit and four 2 bedroom units, appealing to a wide range of tenants. The property is currently generating solid rental income with several units below market, providing a clear path for increased returns through rent adjustments. Recent interior updates in select units enhance tenant appeal and support higher rental potential. Take advantage of the existing cash flow or explore the potential for short term rental use. Ideally located within walking distance to the newly renovated Jaycee Park, offering added lifestyle appeal for tenants and guests alike. Situated in an established residential area with convenient access to shopping, dining, and major roadways, the property benefits from consistent rental demand and strong occupancy trends. The layout offers functional living spaces, ample parking, and a clean, well cared for appearance that minimizes immediate capital needs. This property is well suited for investors seeking a combination of current income and future upside, with the potential to increase gross income by bringing rents to market levels in a growing Southwest Florida market.
Location
State FL
County Lee
Zoning RML
Interior
Cooling true
Inclusions Building And Land
Fireplace No
Exterior
Waterfront Description None
Total Parking Spaces 6
Garage No
Building
Story 1
Level or Stories 1
New Construction No
Others
Senior Community No
Tax ID 08-45-24-C1-00385.0160
Listed by Epique Realty, Inc. • Ralph Nudi
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