Cape Coral, FL Apartment Buildings for Sale

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Updated: Aug 1, 2024

Multi-Family 5-Plex Investment Opportunity

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

$799,000

4,300 sqft 0.36 AC lot

Multi‑family 5‑plex with 10 bedrooms and 5 baths, totaling approximately 4300 sq ft.
New 2023 dimensional shingle roof for maximized efficiency.
Each unit has its own electric and water meters with tenants paying utilities.
Each unit features 2 bedrooms, 1 bath, and tiled floors.
Private backyard spaces for each unit created by vinyl fence sections.

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This listing looks promising.

Here's a quick look at some key insights for

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

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Est. Cap Rate

6.6%
Above avg (5.9%)
Est. NOI

$53K
Annual
Price @ 7% Cap

$754K
Suggested
Property Type

Multi-Family Dwellings
Built 1982

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Updated: Jun 3

Eight-Unit Apartment Building with Pool

1318 SE 40th Terrace, Cape Coral, FL 33904

$1,590,000

0.46 AC lot

8‑plex built in 1984 with pool and additional storage building in the courtyard
Property includes 3 buildings: 2 buildings with (4) units each
Roof replaced in 2018 and building painted in 2022
Most units remodeled
Units include washer/dryer, stove, refrigerator, microwave, dishwasher, all tile, and window coverings

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Cape Coral Multifamily Investment Opportunity

4015 SE 19th Avenue, Cape Coral, FL 33904

$950,000

0.36 AC lot

Well-maintained 5-unit property with income and upside potential.

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Cape Coral Multifamily Investment Opportunity

3705 Country Club Boulevard, Cape Coral, FL 33904

$2,400,000

0.72 AC lot

12-unit apartment property in Cape Coral with immediate income.

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Turnkey Five-Plex Investment Property

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

$875,000

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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Six-Unit Multifamily Income Property

32 NE 16th Place, Cape Coral, FL 33909

$1,290,000

0.50 AC lot

Fully rented six-unit building with separate meters and replumbed units, offering a streamlined long-term rental setup.

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Cape Coral 8-Plex Investment Opportunity

1429 SW 48th Terrace, Cape Coral, FL 33914

$789,999

0.09 AC lot

Well-maintained, fully occupied 8-plex near Cape Harbour Marina.

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Waterfront Condominium Community

5126 Coronado Parkway, Cape Coral, FL 33904

$7,999,900

1.04 AC lot

Gulf-access condominium community with deeded boat slips, private storage, and a heated saltwater pool for each residence.

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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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Lakefront Cape Coral Multifamily Investment

319 Nicholas Parkway W, Cape Coral, FL 33991

$1,575,000

0.34 AC lot

Six-unit multifamily property in prime Cape Coral location.

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Vacant Gulf Access Lot Site

4521 SE 5th Place, Cape Coral, FL 33904

$1,125,000

0.47 AC lot

Vacant lot with seawall, utilities, and building plans.

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Six-Unit Multifamily Property Replumbed

32 NE 16th Pl, Cape Coral, FL 33909

$1,290,000

Six fully occupied units with separate meters, long-term tenants, and replumbing throughout.

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11-Unit Residential Income Property

1031 SE 9th Street, Cape Coral, FL 33990

$1,750,000

11 fully occupied one-bedroom units with updated interiors, tile floors, and hurricane windows.

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Five-Plex Residential Income Building

403 Hancock Bridge Parkway, Cape Coral, FL 33990

$799,000

0.36 AC lot

Five units share an identical 2-bedroom, 1-bath layout with private fenced backyards and tenant-paid utilities.

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Five-Plex with Recent Capital Improvements

937 SE 23rd Place, Cape Coral, FL 33990

$875,000

0.39 AC lot

Five fully occupied 2-bedroom units with updated roof, impact windows, and new A/C systems.

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Eight-Unit Multifamily with Pool

1318 SE 40th Terrace, Cape Coral, FL 33904

$1,590,000

Eight-unit multifamily offering in-unit laundry and screened outdoor space, plus a pool and additional storage.

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Lakefront Multi-Family Investment Opportunity

319 Nicholas Pkwy 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 Opportunity

4015 SE 19TH Ave 5-9, Cape Coral, FL 33904

$950,000

Well-maintained 5-unit property with income and upside potential.

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Cape Coral Multifamily Investment Opportunity

1031 SE 9th St 2-4,6-9,10,11,13,14,16, Cape Coral, FL 33990

$1,750,000

Fully occupied 12-unit package near Cape Coral Hospital.

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Well-Maintained 8-Plex Investment Opportunity

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

$789,999

Fully occupied 8-plex in SW Cape Coral with pool.

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Cape Coral Multifamily Investment Property

3705 Country Club Blvd 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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Gulf-Access Condominium Development

5126 Coronado Parkway, Cape Coral, FL 33904

$7,999,900

Sixteen condominium residences with deeded boat slips, canal-view lanais, and garage and storage amenities in a Gulf-access community.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Cape Coral, FL, we suggest to view alternatives - similar 11 Off-Market properties to explore as potential leads.

Off-Market Properties in Cape Coral, FL

Consider similar Off-Market properties in Cape Coral, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

GARDEN APT, COURT APT (5+ UNITS)

2505 Liberty Park Dr, Cape Coral, FL 33909-3700

Unit 2585

$1,180,000

Estimated value

6,748 sqft 20.05 AC lot

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Multifamily properties

907 Skyline Blvd, Cape Coral, FL 33991

Value Estimation by Request

24,000 sqft 1.50 AC lot

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Cape Coral, FL Apartment Buildings Market Trends and Statistics

Explore 33 apartment buildings for sale in Cape Coral, FL, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 13,257 square feet of properties for sale, with an estimated market value of $5,924,000.

Sale prices for two-family homes in Cape Coral, FL start at $799,000, averaging $1,974,666, and reaching up to $4,250,000 — 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
33914	$790K
33990	$1.2M
33909	$1.3M
33991	$3.3M
33904	$5.4M

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)

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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