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Lakefront Multi-Family Investment Opportunity
For Sale
$1,575,000

319 Nicholas Parkway W, Cape Coral, FL 33991

Six-unit, fully leased investment property in Cape Coral.

Property SizeContact for details
Days on Market284

Property Features for 319 Nicholas Parkway W

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 2021
Listing Agency: The Keyes Company
Listed By: Shane Spring · License #280583369
Source: Cthomeseekers
Added: Dec 8, 2025 Changed: Sep 15 Last Checked: Sep 18 at 8:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Keyes Company

Investment Insights

Based on property information with market context.

Located at 319 Nicholas Parkway West in Cape Coral, Florida, this well-maintained six-unit investment property offers an opportunity in a convenient and desirable area, close to shopping, dining, and medical facilities. The property includes four 2-bedroom, 2-bath units with dens, and two 2-bedroom, 2-bath units. All units are fully leased with a rental history. Each unit is equipped with hurricane shutters. A Kennedy system is in place. The property features a lakefront setting, providing views and tenant appeal. This income-producing asset combines location, unit mix, and long-term stability, making it suitable for investors looking to expand their portfolio in Southwest Florida. The property is described as a turnkey, fully occupied investment with strong tenant demand. The bike score is 32, indicating it is somewhat bikeable, and the walk score is 31, indicating it is car-dependent.

Key Highlights

  • Fully leased, turnkey investment property with strong rental history.
  • Prime Cape Coral location near shopping, dining, and medical facilities.
  • Lakefront setting providing attractive views and added tenant appeal.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Daycare Center Locksmith Electrical Service (Bike/Boat/Book/etc) Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

725
Businesses Nearby

Demographics for 33991, FL

26,381
Population
11,563
Households
2.3
Avg Household Size
45
Median Age
25%
College-Educated
94%
High-School Grad
12.8 sq mi
ZIP Area
2,061
Density / Sq Mi
$82,927
Median Household Income
$41,773
Median Earnings
$1,914
Median Rent
$351,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit, fully leased investment property in Cape Coral.
Where is this apartment building located?
The property is located at 319 Nicholas Parkway W Cape Coral, FL.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: Fully leased, **turnkey investment property with strong rental history**.; Prime Cape Coral location near shopping, dining, and medical facilities.; Lakefront setting providing attractive views and added tenant appeal.
More about this property
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