Multifamily Lot in Cape
For Sale
$164,500
519 SE 5th Street, Cape Coral, FL 33990
Land, Cape Coral, FL
Property SizeContact for details
Lot Size0.34 Acres
Days on Market298
Property Features for 519 SE 5th Street
General Information
Property type
Land
Property subtype
Other
Zoning description
R3-D
Subdivision
CAPE CORAL
Lot features
Multiple Lots
Standard status
Active
APN
13-44-23-C3-01137.0820
Lot size
0.34 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
CAPE CORAL UNIT 23 BLK 1137 PB 14 PG 45 LOTS 82 THRU 84
Tax Annual Amount
3269
Legal Description
CAPE CORAL UNIT 23 BLK 1137 PB 14 PG 45 LOTS 82 THRU 84
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Innova Real Estate Corp
(239) 573-4646
Listed By:
Rene Alvarez · License #258009053
(239) 281-6763
Added: Nov 10, 2025
Changed: Aug 27
Last Checked: Sep 4 at 11:06PM
MLS# 2025019618
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This triple multifamily lot, encompassing over 0.344 acres, is located in a desirable area of Southeast Cape Coral. Zoned for multifamily use, the lot is suitable for the construction of up to 6 apartment units. The property is situated just off Cultural Park Blvd, providing convenient access to City Hall, the Police and Fire Department, shopping, dining, and essential services. Its location also offers quick routes to North Fort Myers and Downtown Fort Myers.
Key Highlights
- Triple multifamily lot (over 1/3 acre) zoned for up to 6 apartment units.
- Prime location off Cultural Park Blvd in desirable SE Cape Coral.
- Excellent income potential in a growing market.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
274
Businesses Nearby
Explore this area
Business Placement
Demographics for 33990, FL
32,717
Population
15,483
Households
2.1
Avg Household Size
47
Median Age
24%
College-Educated
89%
High-School Grad
9.3 sq mi
ZIP Area
3,518
Density / Sq Mi
$70,278
Median Household Income
$38,588
Median Earnings
$1,643
Median Rent
$330,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Triple lot suitable for up to 6 apartment units.
Where is this residential land & home lot located?
The property is located at 519 SE 5th Street Cape Coral, FL.
What is the asking price?
The asking price for this property is $164,500.
What are key features of this property?
This property features: Triple multifamily lot (over 1/3 acre) zoned for up to 6 apartment units.; Prime location off Cultural Park Blvd in desirable SE Cape Coral.; Excellent income potential in a growing market.
