Six-Unit Lakefront Apartment
For Sale
$1,575,000
319 Nicholas Parkway W, Cape Coral, FL 33991
CommercialSale, Cape Coral, FL
Property SizeContact for details
Lot Size0.34 Acres
Days on Market255
Property Features for 319 Nicholas Parkway W
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
RML
Subdivision
CC23 - Cape Coral Unit 28, 29, 45, 62, 63, 66, 68
Standard status
Active
APN
14-44-23-C4-01957.0610
Lot size
0.34 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
CAPE CORAL UNIT 29 BLK.1957 PB 16 PG 23 LOTS 61 THRU 63
Tax Annual Amount
14356
Legal Description
CAPE CORAL UNIT 29 BLK.1957 PB 16 PG 23 LOTS 61 THRU 63
Utilities
Water front features
Lake
Water front
1
Amenities
lakefront
hurricane shutters
Kennedy system
Building Details
Year built
2021
Floors in Building
2
Listing Agency:
The Keyes Company
(239) 373-5300
Listed By:
Shane Spring · License #280583369
(239) 229-3242
Added: Dec 23, 2025
Changed: Aug 20
Last Checked: Sep 4 at 6:06AM
MLS# 2025025750
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 2021, this apartment property contains six residential units on a 0.344-acre lakefront site. Four apartments offer two bedrooms, two bathrooms, and dens, while the remaining two units each include two bedrooms and two bathrooms. Hurricane shutters serve every unit, and a Kennedy system is in place.
The property is located at 319 Nicholas Parkway W in Cape Coral, with shopping, dining, and medical facilities identified nearby. The building is fully leased, providing an established occupancy profile for an apartment investor seeking a recently constructed multifamily asset with waterfront positioning.
The property is located at 319 Nicholas Parkway W in Cape Coral, with shopping, dining, and medical facilities identified nearby. The building is fully leased, providing an established occupancy profile for an apartment investor seeking a recently constructed multifamily asset with waterfront positioning.
Key Highlights
- Six‑unit apartment property built in 2021
- 0.344‑acre lakefront site with Lake waterfront features
- Four 2‑bedroom, 2‑bath units with dens
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
725
Businesses Nearby
Explore this area
Business Placement
Demographics for 33991, FL
26,381
Population
11,563
Households
2.3
Avg Household Size
45
Median Age
25%
College-Educated
94%
High-School Grad
12.8 sq mi
ZIP Area
2,061
Density / Sq Mi
$82,927
Median Household Income
$41,773
Median Earnings
$1,914
Median Rent
$351,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Lakefront multifamily property with a fully leased unit mix and hurricane shutters.
Where is this apartment building located?
The property is located at 319 Nicholas Parkway W Cape Coral, FL.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: Six‑unit apartment property built in 2021; 0.344‑acre lakefront site with Lake waterfront features; Four 2‑bedroom, 2‑bath units with dens
