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11-Unit Multifamily Property
For Sale
$1,750,000

1031 SE 9th Street, Cape Coral, FL 33990

COMMERCIAL - Other - Cape Coral, FL

Property SizeContact for details
Days on Market191

Property Features for 1031 SE 9th Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description P
Directions From Del Prado, head West on Viscaya. Viscaya comes to a Y and turns South into Country Club Blvd., and Straight or West into 9ths Street. Conto is on the North Side of 9th Street.
Subdivision CC14 - Cape Coral Unit 16, 18, 22-
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Description LEXINGTON CONDO OR 1709 PG 722 APT 2,3,6,7,8,9,10,11,13,14,16
Tax Annual Amount 18000
Legal Description LEXINGTON CONDO OR 1709 PG 722 APT 2,3,6,7,8,9,10,11,13,14,16

Building Details

Year built 1984
Floors in Building 1
Architectural style Other
Listing Agency: Century 21 Sunbelt Realty · Century 21 Real Estate
Listed By: A.D. Diaz · License #252012736
Added: Feb 20 Changed: Aug 19 Last Checked: Aug 30 at 1:06AM
MLS# 2026009485

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 multifamily offering comprises 11 condominium units, each configured with one bedroom and one bathroom. The residences feature open kitchens with eat-in counters, spacious living rooms, walk-in closets, tile flooring, and washer and dryer hookups. Interior updates, hurricane windows, a new roof, and a recently installed asphalt driveway are part of the property improvements.

The community is situated near Cape Coral Hospital, other medical facilities, and a commercial park. Condo fees cover water, sewer, and trash. The property is outside a flood zone, and the package is fully occupied. The asset was built in 1984 and is reported at a 7% CAP rate.

Key Highlights

  • 11‑unit multifamily package with fully occupied residences
  • Each condo includes 1 bedroom and 1 bathroom
  • Updated interiors with tile flooring, open kitchens, and walk‑in closets

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Acupuncture

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

11
Residential units

Location Intelligence

Trade Area within ½ mile

1,625
Businesses Nearby

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

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?
Multifamily property - Fully occupied condominium units offer updated interiors, private laundry hookups, and community-paid water, sewer, and trash.
Where is this multifamily property located?
The property is located at 1031 SE 9th Street 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: 11‑unit multifamily package with fully occupied residences; Each condo includes 1 bedroom and 1 bathroom; Updated interiors with tile flooring, open kitchens, and walk‑in closets
More about this property
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