Cape Coral, FL Apartment Buildings for Sale

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Coral, FL North Fort Myers, FL Lehigh Acres, FL Fort Myers, FL

24 properties

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Updated: Jun 3

8-Unit Apartment Property with Pool

1318 SE 40th Terrace, Cape Coral, FL 33904

$1,590,000

0.46 AC lot

8‑unit apartment property arranged across 3 buildings
Two buildings contain 4 units each; separate storage building also included
Courtyard pool serves the property
Roof replaced in 2018 and buildings painted in 2022
Most units remodeled with tile flooring and full appliance packages

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Updated: Aug 19

16-Unit Apartment Building with Boat Slips

5126 Coronado Parkway, Cape Coral, FL 33904

$9,500,000

1.04 AC lot

16 fully furnished vacation rental units
Unit mix includes two‑bedroom and three‑bedroom layouts
16 private boat slips with direct Gulf access
32 covered parking spaces
Saltwater pool and tile flooring throughout

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5-Unit Apartment Building

4015 SE 19th Avenue, Cape Coral, FL 33904

$890,000

0.36 AC lot

Income-producing multifamily property with a one-bedroom and four two-bedroom residences in an established Cape Coral setting.

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See what stands out in Lee County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Cape Coral Multifamily Investment Property

403 Hancock Bridge Pkwy 1-5, Cape Coral, FL 33990

$749,000

4,300 sqft 0.36 AC lot

Five-unit multifamily building with income potential in Cape Coral, Florida.

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12-Unit Apartment Building with Pool

3705 Country Club Boulevard, Cape Coral, FL 33904

$2,400,000

0.72 AC lot

Updated units include screened lanais, washer and dryer hookups, and access to an on-site swimming pool.

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Six-Unit Lakefront Apartment Building

319 Nicholas Parkway W, Cape Coral, FL 33991

$1,575,000

0.34 AC lot

Lakefront multifamily property with a fully leased unit mix and hurricane shutters.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Renovated Five-Unit Apartment Building

937 SE 23rd Place, Cape Coral, FL 33990

$825,000

0.39 AC lot

Fully occupied apartment property with updated building systems and recent exterior improvements.

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Turnkey Five-Plex Investment Property

937 SE 23rd Pl 1-5, Cape Coral, FL 33990

$825,000

4,957 sqft

Five fully occupied 2-bedroom units in a recently updated five-plex with new roof, impact windows, and HVAC replacements.

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5-Unit Apartment Building

403 Hancock Bridge Parkway, Cape Coral, FL 33990

$749,000

0.36 AC lot

Five matching apartments feature tiled interiors, private yard sections, and individually metered electric and water service.

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Turnkey Five-Plex Income Property

1-5-937 Se 23rd Pl, Cape Coral, FL 33990

$825,000

4,957 sqft

Five 2-bedroom, 1-bath units with recent roof, impact windows, renovated bathrooms, new A/C, and refreshed parking lot.

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Multifamily Property with Development Potential

1036 NE Pine Island Rd, Cape Coral, FL 33909

$4,250,000

4,000 sqft 2.85 AC lot

Investment opportunity with significant upside and development potential.

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Six-Unit Apartment Building

3505 Skyline Blvd, Cape Coral, FL 33914

$1,800,000

Brand-new multifamily property with spacious layouts, contemporary finishes, and two units already pre-leased.

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8-Unit Apartment Property with Pool

1318 Se 40th Ter, Cape Coral, FL 33904

$1,590,000

Three-building multifamily property with a courtyard pool and washer/dryer appliances in every unit.

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Furnished 16-Unit Vacation Rental Property

5126 Coronado Pkwy, Cape Coral, FL 33904

$9,500,000

Direct Gulf access complements private boating amenities, covered parking, and a saltwater pool.

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Six-Unit Apartment Building

275 SW 4th St, Cape Coral, FL 33991

$1,800,000

Newly constructed multifamily property with all units currently leased.

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Five-Plex Residential Income Property

1-5-403 Hancock Bridge Pkwy, Cape Coral, FL 33991

$749,000

4,364 sqft

This five-plex residential income property features five 2-bedroom, 1-bath units with individual electric and water meters.

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Cape Coral Multifamily Investment Opportunity

1031 SE 9th Street, Unit 2-3,6-9,10,11,13,14,16, Cape Coral, FL 33990

$1,750,000

Fully occupied 12-unit package near Cape Coral Hospital.

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Lakefront Multi-Family Investment Opportunity

319 Nicholas Parkway W, Cape Coral, FL 33991

$1,575,000

Six-unit, fully leased investment property in Cape Coral.

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Cape Coral Multifamily Investment Property

3705 Country Club Boulevard, Unit 1-12, Cape Coral, FL 33904

$2,400,000

12-unit apartment property with pool, updated units, and in-place income.

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12-Unit Apartment Building

1-12-3705 Country Club Blvd, Cape Coral, FL 33990

$2,400,000

Twelve 2-bedroom, 1-bath units include screened lanai and in-unit washer and dryer hookups.

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Courtyard Apartment Building

1429 Sw 48th Ter Unit 3-7, Cape Coral, FL 33914

$789,999

Five seller-owned two-bedroom units offer in-unit laundry, screened lanais, and durable tile or luxury vinyl flooring.

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5-Unit Apartment Building

120 SW Trafalgar Parkway 1-5, Cape Coral, FL 33991

$750,000

Fully leased property with separately metered utilities and washer-dryer hookups in every residence.

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Eight-Unit Apartment Building

4903 York St, Cape Coral, FL 33904

Contact for pricing

Well-maintained apartments offer in-unit laundry, individual utilities, and updated kitchen appliances.

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5-Unit Apartment Building with Updates

3815 SE 15th Pl, Cape Coral, FL 33904

$999,000

5,483 sqft

Concrete-block construction with two-bedroom, two-bath layouts and washer-dryer hookups in every apartment.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 24 Active Listings in Cape Coral, FL, we suggest to view alternatives - similar 11 Off-Market properties to explore as potential leads.

Cape Coral, FL Apartment Buildings Market Trends and Statistics

Explore 35 apartment buildings for sale in Cape Coral, FL, showcased through 24 active listings on our real estate platform. These investment opportunities span a total of 28,061 square feet of properties for sale, with an estimated market value of $50,280,999.

Sale prices for two-family homes in Cape Coral, FL start at $749,000, averaging $2,186,130, and reaching up to $9,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 209K

Population Growth (5Y) +16.1%

Median Household Income $77,007

College Educated 25.7%

High-Yield Neighborhoods for Investment

Identify Cape Coral submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
33990	$1.2M
33991	$1.3M
33914	$1.3M
33904	$3.1M
33909	$4.3M

Taxes & Financing

Tax Rate (average for all types) 1.45%

Property Tax per SF $17.23 per SF

Tax Rate vs County Average 0.30 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lee County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lee County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Cape Coral fall within the 25,000 to 50,000 square foot range.

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