1031 SE 9th St 2-4 6-9 10 11 13 14 16 Cape Coral, FL 33990

Building Details

Year Built

1984

Listing office Century 21 Sunbelt Realty i***@ymail.com Show Phone

Listing date Apr 24, 2026

Source Elliman

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Investment Insights

Based on property information with market context.

This is an investment opportunity featuring a 12-unit package that is fully occupied with less than 2% vacancy. The property is not in a flood zone. It is located near a commercial park, Cape Coral Hospital, and surrounding medical facilities. Each unit is a one-bedroom, one-bath condo with a large living room, an open kitchen with an eat-in countertop, and a large bedroom with a walk-in closet. Tile floors are installed throughout. Washer and dryer hook-ups are available in each unit. Condo fees include water, sewer, and trash services. The property features hurricane windows, a nicely updated interior, a new roof, and a newly installed asphalt driveway. The owner has 12 units that are rented in this community, generating annual revenue at a 7% CAP rate. The property is somewhat bikeable with a bike score of 32 and car-dependent with a walk score of 21.

Key Highlights

• 12‑unit package with high occupancy (less than 2% vacancy) offering immediate rental income.
• Strong investment potential with a 7% CAP rate.
• Located outside of a flood zone.

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FAQs

What type of property is this?

Apartment building - Fully occupied 12-unit package near Cape Coral Hospital.

Where is this apartment building located?

The property is located at 1031 SE 9th St 2-4 6-9 10 11 13 14 16 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: 12‑unit package with high occupancy (less than 2% vacancy) offering immediate rental income.; Strong investment potential with a **7% CAP rate.**; Located outside of a flood zone.