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5-Unit Multifamily Property
For Sale
$940,000

4015 SE 19th Avenue, Cape Coral, FL 33904

MULTI_FAMILY - Other - Cape Coral, FL

Property SizeContact for details
Lot Size0.36 Acres
Days on Market94

Property Features for 4015 SE 19th Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description RML
Directions From Veterans Memorial Pkwy head south on Del Prado Blvd, turn left onto SE 40th St, then right onto SE 19th Ave. Property will be on the right.
Subdivision CC12 - Cape Coral Unit 7-15
Standard status Active
APN 08-45-24-C1-00385.0160
Lot size 0.36 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CAPE CORAL UNIT 7 BLK 385 PB 12 PG 112 LOTS 16 THRU 18
Tax Annual Amount 8612
Legal Description CAPE CORAL UNIT 7 BLK 385 PB 12 PG 112 LOTS 16 THRU 18

Building Details

Year built 1978
Floors in Building 1
Architectural style Other
Listing Agency: Epique Realty, Inc.
Listed By: Ralph Nudi · License #090072009
Added: May 6 Changed: Jul 20 Last Checked: Aug 7 at 5:06AM
MLS# 2026020823

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 well-maintained 5-unit multifamily property includes one 1-bedroom unit and four 2-bedroom units. The layout provides functional living spaces and the building presents a clean, cared-for appearance. The property also offers updates in select units to support tenant appeal and rental performance.

Located in Southeast Cape Coral, the property is described as within walking distance to Jaycee Park and offers convenient access to shopping, dining, and major roadways.

As an income-producing asset, it is currently generating rental income, with the unit mix positioned to appeal to a broad range of tenants. The existing configuration includes ample parking, and the property is being offered for sale with an emphasis on current cash flow and the opportunity to adjust rents.

Key Highlights

  • Strong income‑producing property with a mix of one 1‑bedroom and four 2‑bedroom units.
  • Opportunity to increase rental income by adjusting below‑market rents.
  • Located in a desirable Southeast Cape Coral location, near the newly renovated Jaycee Park.

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Parking Lot & Garage Pharmacy Auto Parts Store (Bike/Boat/Book/etc) Store Veterinary Clinic Grocery & Convenience Store

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
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

751
Businesses Nearby

Demographics for 33904, FL

32,029
Population
20,401
Households
1.6
Avg Household Size
56
Median Age
29%
College-Educated
95%
High-School Grad
9.7 sq mi
ZIP Area
3,302
Density / Sq Mi
$66,933
Median Household Income
$43,829
Median Earnings
$1,665
Median Rent
$347,100
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?
Apartment building - Well-maintained 5-unit multifamily with one 1-bedroom and four 2-bedroom units plus ample parking.
Where is this apartment building located?
The property is located at 4015 SE 19th Avenue Cape Coral, FL.
What is the asking price?
The asking price for this property is $940,000.
What are key features of this property?
This property features: Strong income‑producing property with a mix of one 1‑bedroom and four 2‑bedroom units.; Opportunity to increase rental income by adjusting below‑market rents.; Located in a desirable Southeast Cape Coral location, near the newly renovated Jaycee Park.
More about this property
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