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    3909 Skyline Blvd Cape Coral, FL 33914

    For Sale
    $689,000

    MULTI_FAMILY - Cape Coral, FL

    Lot size:
    0.34 Acres
    Days on Market:
    39
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 3909 Skyline Blvd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    02-45-23-C4-01752.0010
    Fencing
    Fenced
    Lot size
    0.34 Acres

    Utilities

    Water front features
    Canal Access
    Water front
    1

    Building Details

    Year built
    1983
    Floors in Building
    1

    Jo Hardwick Realty Inc (239) 770-1838

    Listing agent Rob Greig (239) 770-2867 License #252012679

    Listing date Oct 28, 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

    Waterfront Multifamily Property in Cape Coral

    This five-unit waterfront multifamily property is situated along Skyline Blvd in a desirable southwest Cape Coral location. The unit mix includes four 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit. The property is well-maintained, featuring a new roof installed in 2023, as well as updated kitchens and bathrooms in select units. Four units include private screened lanais with water views. The property benefits from a stable, long-term rent roll with modest rent increases, presenting upside potential by adjusting rents to current market values. There are 9 parking stalls available. The property is located directly across the street from a Wal-Mart Grocery store and other small retail venues, and is within close proximity to public transportation. The property is located in an area with documented population growth and strong rental demand.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -81.990511
    Latitude
    26.579615

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    FAQs

    What type of property is this?
    Apartment building - Five-unit waterfront multifamily property in desirable SW Cape Coral location.
    Where is this apartment building located?
    The property is located at 3909 Skyline Blvd Cape Coral, FL.
    What is the asking price?
    The asking price for this property is $689,000.
    What are key features of this property?
    This property features: - Waterfront multifamily property with canal access in a desirable SW Cape Coral location.; - New roof installed in 2023 and updated kitchens & bathrooms in some units.; - Stable, long-term rent roll with upside potential to increase rents to current market values.
    (239) 770-2867
    Request Owner's contact information
    3909 Skyline Blvd Cape Coral, FL 33914
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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
    3909 Skyline Blvd Cape Coral, FL 33914
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