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    319 Nicholas Pkwy W Cape Coral, FL 33991

    For Sale
    $1,775,000

    Multi Family - Cape Coral, FL

    Type:Single Family Attached
    Days on Market:
    100
    Last Refresh:
    Dec 5 at 9:06 am

    Property Features for 319 Nicholas Pkwy W

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Property condition
    New Construction
    Standard status
    Active
    Zoning
    R3-W
    APN
    14-44-23-C4-0195
    Parking
    12
    Parking features
    Assigned, Guest

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public
    Water front features
    Canal Front, Waterfront
    Water front
    1

    Building Details

    Flooring type
    Other
    Building materials
    Block
    Roof type
    Other
    Architectural style
    Other

    BHHS EWM Realty (305) 960-2587 [email protected]

    Listing agent Carlos Olivares (305) 960-2400 License #3051724

    Listing date Aug 28, 2025

    MLS# A11703361 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. 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 Multifamily Investment Property

    This multifamily building in Cape Coral, Florida, constructed in 2021, presents an investment opportunity. The property features six fully rented units with modern amenities. There are two unit types: two units with 2 bedrooms and 2 bathrooms, each with 1,051 square feet, and four units with 2 bedrooms, 2 bathrooms, and a den, each with 1,139 square feet. Units include granite countertops, stainless steel appliances, a washer/dryer, and hard flooring throughout. The property is located on a canal and provides 12 parking spaces for tenant convenience. The location provides proximity to schools, shopping centers, restaurants, entertainment venues, gyms, and parks. Situated just off Nicholas Parkway and Pine Island Road, the two-story property offers access and convenience.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office 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
    -81.9845527
    Latitude
    26.6434719

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    FAQs

    What type of property is this?
    Apartment building - Six-unit multifamily building in Cape Coral, fully rented, built 2021.
    Where is this apartment building located?
    The property is located at 319 Nicholas Pkwy W Cape Coral, FL.
    What is the asking price?
    The asking price for this property is $1,775,000.
    What are key features of this property?
    This property features: - New construction (2021) multifamily building with six fully rented units, providing immediate rental income.; - Prime Cape Coral, FL location, offering proximity to schools, shopping, restaurants, entertainment, gyms, and parks.; - **Modern amenities including granite countertops, stainless steel appliances, and in-unit washer/dryer.**
    (305) 960-2400
    Request Owner's contact information
    319 Nicholas Pkwy W Cape Coral, FL 33991
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    Cape Coral, FL 33991
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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
    319 Nicholas Pkwy W Cape Coral, FL 33991
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