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Waterfront Quadplex with Gulf Access
New
For Sale
$525,000

1705 SE 46th Lane, Cape Coral, FL 33904

MULTI_FAMILY - Other - Cape Coral, FL

Property SizeContact for details
Lot Size0.28 Acres
Days on Market5

Property Features for 1705 SE 46th Lane

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description RML
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bathroom 4, Bedroom 4, Bedroom 1, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 3
Pets allowed Yes
Subdivision CAPE CORAL
Lot features Oversized Lot
Standard status Active
APN 08-45-24-C4-00349.0180
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CAPE CORAL UNIT 7 BLK 349 PB 12 PG 114 LOTS 18 + 19
Tax Annual Amount 2473
Legal Description CAPE CORAL UNIT 7 BLK 349 PB 12 PG 114 LOTS 18 + 19

Utilities

Sewer type Public Sewer
Cooling system Electric, Central Air
Water source Public
Water front features Canal Access
Water front 1

Building Details

Year built 1968
Number of units 4
Flooring type Terrazzo
Building materials Block, Concrete, Stone
Roof type Shingle
Architectural style Other
Listing Agency: Sellstate Priority Realty
Listed By: Cindy Roper · License #252010705
Added: Aug 7 Changed: Aug 11 Last Checked: Aug 11 at 11:06PM
MLS# 2026033837

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Built in 1968, this four-unit residential property is configured for multifamily use and sits along a canal with direct Gulf access. The water route has no bridges and connects toward the Caloosahatchee River and the Gulf of Mexico. The property is being offered in as-is condition and requires TLC, with complete redevelopment also identified as a potential direction.

The 0.276-acre site is zoned Residential Multi-Family and allows up to 4 units. Existing construction includes block, concrete, and stone materials, terrazzo flooring, central electric air conditioning, and a shingle roof. Public water and public sewer serve the property.

Key Highlights

  • Direct Gulf access through a canal with no bridges
  • 0.276‑acre multifamily site
  • Residential Multi‑Family zoning allows up to 4 units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Grocery & Convenience Store Garden Center Locksmith (Bike/Boat/Book/etc) Store Parking Lot & Garage Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,782
Businesses Nearby

Demographics for 33904, FL

32,029
Population
20,401
Households
1.6
Avg Household Size
56
Median Age
29%
College-Educated
95%
High-School Grad
9.7 sq mi
ZIP Area
3,302
Density / Sq Mi
$66,933
Median Household Income
$43,829
Median Earnings
$1,665
Median Rent
$347,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit residential property with canal access, public water, and public sewer.
Where is this quadplex located?
The property is located at 1705 SE 46th Lane Cape Coral, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Direct Gulf access through a canal with no bridges; 0.276‑acre multifamily site; Residential Multi‑Family zoning allows up to 4 units
More about this property
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