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    1215-1221 SE 46Th Ln Cape Coral, FL 33904

    For Sale
    $3,200,000

    MULTI_FAMILY - Other - Cape Coral, FL

    Lot size:
    0.55 Acres
    Days on Market:
    109
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 1215-1221 SE 46Th Ln

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    07-45-24-C3-00347.0040
    Lot size
    0.55 Acres

    Utilities

    Water front features
    Canal Access
    Water front
    1

    Building Details

    Year built
    1978
    Floors in Building
    2
    Architectural style
    Other

    Sunshine Rentals & Property Management (239) 541-5570

    Listing agent Laura Schuette (239) 541-5570 License #252013141

    Listing date Aug 19, 2025

    Copyright © 2025 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cape Coral Gulf Access Multiplex

    This is a 15-unit multiplex located in the heart of downtown Cape Coral, situated directly on a Gulf access canal. The property is within walking distance to bus lines, shopping, dining, and bridges to Ft. Myers. The buildings are 100 percent occupied, and all units are metered separately for electric and water. An on-site laundry room provides extra income generation, and ample parking is available. A community pool is included. The units consist of 1 and 2 bedroom units along with a 3/2.5 Owners Suite including a garage. The property is professionally managed. The roof on the 1221 side was replaced in 2020. All AC units are on a maintenance plan, and all fire extinguishers are serviced and up to date. The lot size is 0.551 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Dental Office Spa & Massage Realty agency Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -81.94896
    Latitude
    26.565813

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    FAQs

    What type of property is this?
    Apartment building - 15-unit multiplex on Gulf access canal in downtown Cape Coral.
    Where is this apartment building located?
    The property is located at 1215-1221 SE 46Th Ln Cape Coral, FL.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: - Gulf access canal front property.; - 15-unit multiplex in downtown Cape Coral.; - 100% occupied units with separate electric and water meters.
    (239) 541-5570
    Request Owner's contact information
    1215-1221 SE 46Th Ln Cape Coral, FL 33904
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1215-1221 SE 46Th Ln Cape Coral, FL 33904
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