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    3603 SE 9Th Pl Cape Coral, FL 33904

    Pending
    For Sale
    $1,250,000

    MULTI_FAMILY - Cape Coral, FL

    Lot size:
    0.49 Acres
    Days on Market:
    38
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 3603 SE 9Th Pl

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    APN
    06-45-24-C4-00487.0010
    Lot size
    0.49 Acres

    Building Details

    Year built
    1985
    Floors in Building
    1

    Lee Island Coast Real Estate, Inc (239) 989-0111 [email protected]

    Listing agent Nicole Pistone (239) 628-7439 License #258023882

    Listing date Oct 29, 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 Multifamily Investment Opportunity

    This is an opportunity to own a fully occupied 8-unit multifamily property in Cape Coral. This income-producing asset features eight 1-bedroom, 1-bathroom units, each with private entrances and functional layouts. The property offers cash flow with a 7.9% cap rate. The building offers ample parking, laundry hook ups in each unit with a common coin-laundry room and a history of high occupancy. Constructed with solid concrete block and professionally managed, it contributes to low operating costs and reliable performance. Situated on a 0.485-acre lot, the property is located in a high-demand corridor with access to shopping and dining. The property is positioned for both immediate income and long-term appreciation. Duplex next door is also available for sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Realty agency 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
    -81.955198
    Latitude
    26.585149

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    FAQs

    What type of property is this?
    Apartment building - Fully occupied 8-unit property in prime Cape Coral location.
    Where is this apartment building located?
    The property is located at 3603 SE 9Th Pl Cape Coral, FL.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - High 7.9% Cap Rate: Offers strong and consistent cash flow.; - Fully Occupied 8-Unit Multifamily Property: Provides immediate income.; - Spacious 1-Bedroom, 1-Bathroom Units with Private Entrances: Appeals to tenants and enhances privacy.
    (239) 628-7439
    Request Owner's contact information
    3603 SE 9Th Pl Cape Coral, FL 33904
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    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
    3603 SE 9Th Pl Cape Coral, FL 33904
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