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Flex Unit Building with Garage Bays
For Sale
$375,000

1021 NE 8th Street, Cape Coral, FL 33909

COMMERCIAL - Cape Coral, FL

Property Size6,000 SF
Lot Size0.46 Acres
Price / SF$62.50
Days on Market71

Property Features for 1021 NE 8th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description CC
Subdivision CAPE CORAL
Lot features Alley, Cleared, Multiple Lots
View City
Directions FROM PINE ISALND ROAD (SR-78) TURN NORHT ON ANDALUSIA AND TURN RIGHT ON NE 8TH STREET. A SIGN IS ON THE PROPERTY, NORTH SIDE OF THE STREET.
Standard status Active
APN 07-44-24-C1-02015.0350
Lot size 0.46 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CAPE CORAL UNIT 31 BLK 2015 PB 14 PG 155 LOTS 35 + 36
Tax Annual Amount 1608
Legal Description CAPE CORAL UNIT 31 BLK 2015 PB 14 PG 155 LOTS 35 + 36

Utilities

Sewer type Public Sewer
Listing Agency: Phil Deems Real Estate
Listed By: Phil Deems · License #252000244
Added: Jun 1 Changed: Aug 4 Last Checked: Aug 10 at 12:06PM
MLS# 2026024347

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 offering includes a well-positioned commercial lot and an existing flex unit building built around small-bay functionality. Each unit features a small office, a restroom, and a bay area with garage doors on both the front and back, allowing straightforward loading and unloading. The configuration also supports a drive-through style flow for trailers, where appropriate. The building footprint is 6,000 square feet and can be divided into five separate units of 1,200 square feet each, with flexibility for an end user to occupy part and rent the remainder. Building permits, drawings, and a survey are included with the sale.

The property sits on an approximately 20,000-square-foot lot within the commercial market, with building lots aligned for “like kind” flex unit development. The seller notes the project has been in process for about a year, with approximately $100,000 invested to date, and is available to discuss details with qualified buyers.

This is a practical fit for a small business that wants a ground-up-ready setup without starting from scratch, while also valuing the option to diversify income through multiple unit occupancy. For investors, the divisible layout can support a straightforward strategy for stabilizing several smaller tenants under one ownership structure, subject to buyer review of the included documentation.

Key Highlights

  • 20,000 SF commercial marketplace lot with public sewer
  • 6,000 SF building can be divided into 5 units of 1,200 SF each
  • Each flex unit includes a small office, restroom, and bay area with garage doors, plus front and back access

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Pharmacy Grocery & Convenience Store Cafe & Coffee Shop

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

5
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

455
Businesses Nearby
Balanced
Demand for This Use

Demographics for 33909, FL

33,063
Population
14,051
Households
2.4
Avg Household Size
39
Median Age
25%
College-Educated
94%
High-School Grad
37.8 sq mi
ZIP Area
875
Density / Sq Mi
$79,096
Median Household Income
$39,912
Median Earnings
$1,773
Median Rent
$292,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Little Joe's Special Events 818 NE 8th St, Cape Coral, FL 33909
  • Bella Personal Chef 232 NE 9th Ct, Cape Coral, FL 33909

Frequently Asked Questions

What type of property is this?
Flex space - Well-positioned flex units with small offices, restrooms, and front/back garage bays designed for flexible small-business use.
Where is this flex space located?
The property is located at 1021 NE 8th Street Cape Coral, FL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 20,000 SF commercial marketplace lot with public sewer; 6,000 SF building can be divided into 5 units of 1,200 SF each; Each flex unit includes a small office, restroom, and bay area with garage doors, plus front and back access
More about this property
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