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Waterfront 3-Unit Triplex

4520 SE 5th Pl, Cape Coral, FL 33904

For Sale
$1,699,000

Residential Income, CAPE CORAL, FL

Property Size3,440 SF
Lot Size0.43 Acres
Price / SF$493.90
Days on Market309

Property Features for 4520 SE 5th Pl

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning RML
Bedrooms 6
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 4, Bedroom 4, Bathroom 1, Bedroom 5, Bathroom 6, Bathroom 5, Bedroom 2, Bedroom 1, Bedroom 6, Bathroom 2, Bedroom 3, Bathroom 3
Pets allowed No
Exterior features Dock
Subdivision CAPE CORAL
Standard status Active
APN 12-45-23-C3-00287.0520
Lot size 0.43 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description CAPE CORAL UNIT 9 BLK 287 PB 13 PG 16 LOTS 52 THRU 54
Tax Annual Amount 9415
Legal Description CAPE CORAL UNIT 9 BLK 287 PB 13 PG 16 LOTS 52 THRU 54

Utilities

Utilities Cable Available
Heating system Central, Electric (Heating)
Cooling system Electric, Central Air
Water front 1

Amenities

waterfront
seawall with dock

Building Details

Year built 1979
Number of units 3
Flooring type Tile
Building materials Concrete Block, Stone
Roof type Shingle
Listing Agency: Local Real Estate LLC
Listed By: Andres G Sanchez · License FL #3244476
Added: Jan 9 Changed: Nov 12 Last Checked: Nov 13 at 2:06AM
MLS# 226000602

Copyright © 2026 Coconut Coast Organization of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Built in 1979, this three-unit multifamily property contains 3,440 square feet on 0.426 acres. The building is constructed of concrete block and stone, with tile flooring, central heating and cooling, and a shingle roof. Two units are vacant. The site has zoning designation RML, and the property information identifies capacity for up to four additional units.

The property fronts a 200-foot-wide Gulf-access canal and includes a dock and 130 feet of seawall. Restaurants and shopping are within walking distance. Cable service is available.

Key Highlights

  • Three‑unit multifamily property with 3,440 square feet on 0.426 acres
  • Two units are currently vacant
  • 130 feet of seawall and a dock on a 200‑foot‑wide Gulf‑access canal

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

985
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
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Market

Properties on Market for Triplexes in Lee County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - The property includes a dock and a 130-foot seawall along a Gulf-access canal.
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 $1,699,000.
What are key features of this property?
This property features: Three‑unit multifamily property with 3,440 square feet on 0.426 acres; Two units are currently vacant; 130 feet of seawall and a dock on a 200‑foot‑wide Gulf‑access canal
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