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    4520 SE 5Th Pl Cape Coral, FL 33904

    For Sale
    $2,100,000

    Three-unit property in downtown Cape Coral with Gulf access.

    Property size:
    3,440 SF

    Property Features for 4520 SE 5Th Pl

    General Information

    Size
    3,440 SF

    Building Details

    Year built
    1979

    Source: Thomas Webb, CCIM, MSRE Agent Thomas Webb, CCIM, MSRE

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Multifamily Property with Development Potential

    This 3-unit multifamily property, situated in the heart of downtown Cape Coral, offers 3,440 square feet of space on a 0.43-acre lot. The property includes a 100-foot seawall with a dock on a 200-foot wide Gulf-access canal, providing direct boating access. Each unit is approximately 1,100 square feet. Ample parking is available. Located in a walkable downtown area, the property is near restaurants, shopping, and entertainment, as well as Cape Coral Parkway and other major amenities. The site has the potential to add up to four additional units. Two of the existing units are currently vacant, offering flexibility for long-term, seasonal, or short-term rental strategies. This property offers both stable cash flow and value-add upside, supported by Cape Coral’s strong population growth and rental demand.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -81.9616264
    Latitude
    26.5696114

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    FAQs

    What type of property is this?
    Triplex - Three-unit property in downtown Cape Coral with Gulf access.
    Where is this triplex located?
    The property is located at 4520 SE 5Th Pl Cape Coral, FL.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - Gulf-access waterfront property with **100' seawall and dock** on a 200' wide canal.; - Located in the heart of downtown Cape Coral, walkable to restaurants, shopping, and entertainment.; - 3-unit multifamily property with the ability to add up to 4 additional units.
    (239) 402-3851
    Request Owner's contact information
    4520 SE 5Th Pl Cape Coral, FL 33904
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    Cape Coral, FL 33904
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4520 SE 5Th Pl Cape Coral, FL 33904
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