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Triplex with Dock
For Sale
$1,750,000

4520 SE 5th Pl lot 52, Cape Coral, FL 33904

MULTI_FAMILY - CAPE CORAL, FL

Property Size3,440 SF
Lot Size0.43 Acres
Price / SF$508.72
Days on Market207

Property Features for 4520 SE 5th Pl lot 52

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RML
Bedrooms 6
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 6, Bathroom 2, Bathroom 1, Bedroom 4, Bathroom 5, Bedroom 5, Bedroom 2, Bathroom 3, Bathroom 6, Bathroom 4, Bedroom 1, Bedroom 3
Pets allowed No
Exterior features Dock
Subdivision CAPE CORAL
Standard status Active
APN 12-45-23-C3-00287.0520
Lot size 0.43 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description CAPE CORAL UNIT 9 BLK 287 PB 13 PG 16 LOTS 52 THRU 54
Tax Annual Amount 9415
Legal Description CAPE CORAL UNIT 9 BLK 287 PB 13 PG 16 LOTS 52 THRU 54

Utilities

Utilities Cable Available
Heating system Central, Electric (Heating)
Cooling system Electric, Central Air
Water front 1

Building Details

Year built 1979
Number of units 3
Flooring type Tile
Building materials Concrete Block, Stone
Roof type Shingle
Listing Agency: Local Real Estate LLC
Listed By: Andres G Sanchez
Added: Jan 9 Changed: Aug 3 Last Checked: Aug 4 at 11:06AM
MLS# 226000602

Copyright © 2026 Coconut Coast Organization 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.

Investment Insights

Based on property information with market context.

This three-unit triplex offers a straightforward multifamily layout with substantial waterfront features. Built in 1979, the property includes approximately 3,440 SF on a 0.426-acre site, with spacious roughly 1,100 SF units. Exterior features include a dock and a 130' seawall on a 200' wide Gulf-access canal. Two of the units are currently vacant, providing flexibility for longer-term, seasonal, or short-term use. The site also has availability to add up to four additional units.

Construction is concrete block with stone, with tile flooring throughout. Heating and cooling include central electric systems with central air, and cable is available.

Zoned RML, the property is positioned as a waterfront income asset with on-site expansion potential tied to the existing site and canal frontage.

Key Highlights

  • Three‑unit triplex with roughly 3,440 SF total on 0.426 acres
  • 130' seawall and dock on a 200' wide Gulf‑access canal
  • Two units currently vacant for immediate occupancy flexibility

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Parking Lot & Garage Garden Center Bakery Storage Facility Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

985
Businesses Nearby

Demographics for 33904, FL

32,029
Population
20,401
Households
1.6
Avg Household Size
56
Median Age
29%
College-Educated
95%
High-School Grad
9.7 sq mi
ZIP Area
3,302
Density / Sq Mi
$66,933
Median Household Income
$43,829
Median Earnings
$1,665
Median Rent
$347,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit triplex zoned RML, built in 1979, featuring a dock and 130' seawall on a Gulf-access canal.
Where is this triplex located?
The property is located at 4520 SE 5th Pl lot 52 Cape Coral, FL.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Three‑unit triplex with roughly 3,440 SF total on 0.426 acres; 130' seawall and dock on a 200' wide Gulf‑access canal; Two units currently vacant for immediate occupancy flexibility
More about this property
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