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    403 Hancock Bridge Pkwy, Unit 1-5 Cape Coral, FL 33990

    For Sale
    $799,000

    MULTI_FAMILY - Other - Cape Coral, FL

    Lot size:
    0.36 Acres
    Days on Market:
    158
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 403 Hancock Bridge Pkwy

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    13-44-23-C1-01095.0410
    Lot size
    0.36 Acres

    Building Details

    Year built
    1982
    Floors in Building
    1
    Architectural style
    Other

    Real Broker LLC (855) 450-0442 [email protected]

    Listing agent David Piper (239) 919-7444 License #281520418

    Listing date Jul 1, 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 multifamily 5-plex building presents an exceptional investment opportunity. The property features a total of 10 bedrooms and 5 baths, encompassing approximately 4300 square feet. A new, energy-efficient 2023 dimensional shingle roof has been installed. The property is conveniently located near shopping and dining options, situated just a half-mile from Santa Barbara Parkway and Pine Island Road. Each of the five units features a similar layout, with 2 bedrooms and 1 bath. Currently, three units are occupied by long-term tenants. Vinyl fence sections provide private backyard spaces for each unit. Each unit is equipped with tiled floors and individual electric and water meters, with tenants responsible for their own utilities. An indoor shared laundry room is available, equipped with a coin-operated washer and dryer. The 0.364-acre lot offers room for improvement, presenting the potential for increased rental income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Skub's Spotless Mobile ... Pressure Washing Service

    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
    -81.966158
    Latitude
    26.65216

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    FAQs

    What type of property is this?
    Apartment building - Five-unit multifamily property with new roof near shopping and dining.
    Where is this apartment building located?
    The property is located at 403 Hancock Bridge Pkwy, Unit 1-5 Cape Coral, FL.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - Multi-family 5-plex with 10 bedrooms and 5 baths, offering a substantial investment opportunity.; - New 2023 dimensional shingle roof for maximized efficiency.; - Each unit has 2 bedrooms and 1 bath with private backyard spaces.
    (239) 919-7444
    Request Owner's contact information
    403 Hancock Bridge Pkwy, Unit 1-5 Cape Coral, FL 33990
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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
    403 Hancock Bridge Pkwy, Unit 1-5 Cape Coral, FL 33990
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