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5-Unit Apartment Building
For Sale
$940,000

4015 SE 19th Ave #5-9, Cape Coral, FL 33904

Income-producing multifamily property with an established residential setting and convenient access to shopping, dining, and major roadways.

Property SizeContact for details
Days on Market106

Property Features for 4015 SE 19th Ave #5-9

General Information

Standard status Active
Total Parking Spaces 6
Property subtype Commercial
Zoning RML

Units

Unit Mix 1 x 1BR, 4 x 2BR
Multifamily Units 5

Taxes and HOA fees

Annual Taxes $8,612

Building Details

Year Built 1978
Stories 1
Listing Agency: Epique Realty, Inc.
Listed By: Ralph Nudi · License #090072009
Source: Bartleyrealty
Added: May 6 Changed: Aug 18 Last Checked: Aug 18 at 7:39AM

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 Epique Realty, Inc.

Investment Insights

Based on property information with market context.

This 5-unit apartment property includes one 1-bedroom residence and four 2-bedroom residences, creating a clearly defined unit mix within a compact multifamily asset. Select interiors have been updated, and the property includes functional living areas, on-site parking, and a well-maintained appearance. Built in 1978, the building is zoned RML and supports an existing rental operation.

The property is located at 4015 SE 19th Ave #5-9 in Southeast Cape Coral, within walking distance of the newly renovated Jaycee Park. The surrounding residential area provides access to shopping, dining, and major roadways. Existing rental income, updated units, and the potential for short-term rental use are all identified as part of the property's operating profile.

Key Highlights

  • 5‑unit multifamily property with one 1‑bedroom unit and four 2‑bedroom units
  • RML zoning supports the property's multifamily classification
  • Built in 1978 with interior updates completed in select units

Property Analytics

Current Use

Apartment buildings

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

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
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Frequently Asked Questions

What type of property is this?
Apartment building - Income-producing multifamily property with an established residential setting and convenient access to shopping, dining, and major roadways.
Where is this apartment building located?
The property is located at 4015 SE 19th Ave #5-9 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: 5‑unit multifamily property with one 1‑bedroom unit and four 2‑bedroom units; RML zoning supports the property's multifamily classification; Built in 1978 with interior updates completed in select units
More about this property
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