Lee County, 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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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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Mixed-Use Income Property with Commercial Units

2430 Palm Ridge Road, Sanibel, FL 33957

$2,989,000

0.99 AC lot

This mixed-use income property includes three buildings with seven residential apartments and six commercial spaces, plus two garage/storage rentals.

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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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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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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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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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Riverfront Multifamily Income Property

1818/1822 Stevenson Road, North Fort Myers, FL 33917

$737,500

0.59 AC lot

Two connected North Fort Myers apartment properties offering five total units with recent remodels, fresh paint, and newer AC.

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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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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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Quadplex with Separate Beach Cottage

161 / 163 Mango St lot: 8, Fort Myers Beach, FL 33931

$1,799,000

0.13 AC lot

Remodeled quadplex plus separate beach cottage on a double parcel with direct steps-to-beach access.

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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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Ranch-Style Apartment Building with Gulf Access

27590-27612 Big Bend Road, Bonita Springs, FL 34134

$4,199,999

1.75 AC lot

Ranch-style multifamily with 8 short-term rentals, fully furnished, zoned up to 10 units, and direct Gulf access via the Imperial River.

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Multifamily Development Land Opportunity

Beth Stacey Boulevard, Lehigh Acres, FL 33936

$2,000,000

1.62 AC lot

1.62-acre parcel ideal for multifamily development in Lehigh Acres.

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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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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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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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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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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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Multi-Family Income Portfolio

1180 Main Street, Fort Myers Beach, FL 33931

$2,900,000

0.72 AC lot

Income-producing portfolio with 9 tenant-occupied units across four lots at 1180 Main Street.

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Spacious Condo in Central Location

4149 RESIDENCE Dr 801, Fort Myers, FL 33901

$212,000

0.19 AC lot

Centrally located, spacious 2-bedroom condo with modern appliances.

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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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Lee County, FL Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Lee County, FL, showcased through 40 active listings on our real estate platform. These investment opportunities span a total of 16,443 square feet of properties for sale, with an estimated market value of $7,623,000.

Sale prices for two-family homes in Lee County, FL start at $799,000, averaging $1,905,750, 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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