Waterfront Multifamily Property with Development Potential

4520 SE 5th Pl lot 52, Cape Coral, FL 33904

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For Sale

$1,900,000

MULTI_FAMILY - CAPE CORAL, FL

Property size:

3,440 SF

Lot size:

0.43 Acres

Price / SF:

$552/SF

HighLights

3‑unit multifamily property with 3,440 SF total on 0.43 acres
Each unit is spacious at about 1,100 SF; two units are currently vacant
Waterfront canal lot with 130' seawall and dock on a 200' wide Gulf‑access canal
Site availability to add up to four additional units
Built in 1979 with concrete block and stone construction and a shingle roof
Central heating and central A/C with electric systems; tile flooring and cable available

We can help!

Listing Contact

Andres G Sanchez

For Sale

$1,900,000

MULTI_FAMILY - CAPE CORAL, FL

Property size:

3,440 SF

Lot size:

0.43 Acres

Price / SF:

$552/SF

Added:: Jan 9, 2026
Days on Market:: 159
Last Refresh:: Jun 17 at 10:06 am

Property Features for 4520 SE 5th Pl lot 52

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: RML
Bedrooms: 6
Bathrooms: 6
Rooms: Bathroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 4, Bathroom 6, Bedroom 5, Bedroom 2, Bedroom 6, Bedroom 3, Bathroom 4, Bedroom 1
Pets allowed: No
Exterior features: Dock
Standard status: Active
APN: 12-45-23-C3-00287.0520
Size: 3,440 SF
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

Utilities

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

Building Details

Year built: 1979
Number of units: 3
Flooring type: Tile
Building materials: Concrete Block, Stone
Roof type: Shingle

We can help!

Listing Contact

Andres G Sanchez

Listing agent Andres G Sanchez

Listing office Local Real Estate LLC 24821 S Tamiami Trail, Bonita Springs, FL

Listing date Jan 9, 2026

MLS# 226000602 Listing URL

Copyright © 2026 Bonita Springs-Estero REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

3‑unit multifamily property with 3,440 SF total on 0.43 acres
Each unit is spacious at about 1,100 SF; two units are currently vacant
Waterfront canal lot with 130' seawall and dock on a 200' wide Gulf‑access canal
Site availability to add up to four additional units
Built in 1979 with concrete block and stone construction and a shingle roof
Central heating and central A/C with electric systems; tile flooring and cable available

Overview

This property is a waterfront multifamily triplex with future development potential located in downtown Cape Coral, Florida. The property includes 3,440 square feet of space on a 0.426-acre lot. Each unit offers 1,100 square feet of living space. The site has a 130-foot seawall with a dock on a 200-foot wide Gulf-access canal. Ample parking is available. The property is zoned RML, allowing for the addition of up to four more units. Two of the three units are currently vacant, providing flexibility for various rental strategies, including long-term, seasonal, or short-term rentals. The location offers walkable access to restaurants and shopping. This asset offers both stable cash flow and value-add upside.

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Location Insight

Map
Local Demand

City: Cape Coral
County: Lee
State: Florida
Longitude: -81.961628
Latitude: 26.569601

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For sale
Triplexes
FL
Cape Coral
33904
4520 SE 5th Pl lot 52

What type of property is this?

Triplex - Waterfront triplex with development potential in downtown Cape Coral.

Where is this triplex located?

The property is located at 4520 SE 5th Pl lot 52 Cape Coral, FL.

What is the asking price?

The asking price for this property is $1,900,000.

What are key features of this property?

This property features: 3‑unit multifamily property with 3,440 SF total on 0.43 acres; Each unit is spacious at about 1,100 SF; two units are currently vacant; Waterfront canal lot with 130' seawall and dock on a 200' wide Gulf‑access canal

4520 SE 5th Pl lot 52, Cape Coral, FL 33904

MULTI_FAMILY - CAPE CORAL, FL

Property Features for 4520 SE 5th Pl lot 52

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Retail/Flex/Office Building on Del Prado

Cape Coral Two-Unit Building For Sale

Cape Coral Duplex For Sale

Leased Retail Building with New Roof

Flex Office Warehouse Units

Cape Coral Commercial Land Available

Entitled Mixed-Use Development Land

Cape Coral Income-Producing Duplex

Medical Office Building with Parking

Cape Coral Four-Unit Property

Cape Coral Commercial Opportunity

Commercial Land Parcel with Existing Property

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