Furnished 16-Unit Vacation Rental
For Sale
$9,500,000
5126 Coronado Pkwy, Cape Coral, FL 33904
Direct Gulf access complements private boating amenities, covered parking, and a saltwater pool.
Property Size26,440 SF
Price / SF$359.30
Days on Market50
Property Features for 5126 Coronado Pkwy
General Information
Standard status
Active
Size
26,440 SF
Total Parking Spaces
32
Additional Details
Furnished
Yes
Multifamily Units
16
Amenities
saltwater pool
tile flooring throughout
granite countertops
stainless steel appliances
private boat slips
direct Gulf access
Building Details
Year Built
2023
Listing Agency:
The Keyes Company
Listed By:
Paulette DuCharme
(239) 738-5973
Source:
Swfloridarealestate
Added: Aug 21
Changed: Sep 24
Last Checked: Oct 7 at 1:39PM
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.
This fully furnished short-term rental property contains 16 units with a mix of two- and three-bedroom layouts, including three-bedroom, two-bath units. Interior finishes include tile flooring, granite countertops, and stainless steel appliances. The property also features a saltwater pool, 32 covered parking spaces, and 16 private boat slips.
Located at 5126 Coronado Pkwy in Cape Coral, the property offers direct Gulf access and is within walking distance of downtown Cape Coral and the Cape Coral Yacht Club. It is also near the Bimini East development and within a short boat ride of Bimini Square. Built in 2023, the property combines furnished accommodations with on-site boating and recreational amenities.
Located at 5126 Coronado Pkwy in Cape Coral, the property offers direct Gulf access and is within walking distance of downtown Cape Coral and the Cape Coral Yacht Club. It is also near the Bimini East development and within a short boat ride of Bimini Square. Built in 2023, the property combines furnished accommodations with on-site boating and recreational amenities.
Key Highlights
- 16 fully furnished short‑term rental units
- Unit mix includes two- and three‑bedroom layouts, including 3 Bed/2 Bath units
- 16 private boat slips with direct Gulf access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$324,319
Cap Rate
3.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,486,380
$6.5M
Cap Rate 7%
$4,633,129
$4.6M
Cap Rate 9%
$3,603,544
$3.6M
Market Conditions
NOI Build-Up for 26,440 SF
Gross rent
$615.5K $23.28/SF
− Vacancy
−$25.9K −$0.98/SF
EGI
$589.7K $22.30/SF
− OpEx
−$265.4K −$10.04/SF
NOI
$324.3K $12.27/SF
Area
Cape Coral, FL
Vacancy
4.20%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,486,380
Cap Rate 7%
$4,633,129
Cap Rate 9%
$3,603,544
Alternative Uses
Best Use
Apartment 5plus
$4.63M
$4.05M – $5.41M
NOI $324,319 @ 7.0% cap · market cap 3.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.86M
$6.00M – $8.00M
NOI $480,235 @ 7.0% cap · market cap 5.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
16
Residential units
Location Intelligence
Trade Area within ½ mile
1,365
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Short term rental property - Direct Gulf access complements private boating amenities, covered parking, and a saltwater pool.
Where is this short term rental property located?
The property is located at 5126 Coronado Pkwy Cape Coral, FL.
What is the asking price?
The asking price for this property is $9,500,000.
What are key features of this property?
This property features: 16 fully furnished short‑term rental units; Unit mix includes two- and three‑bedroom layouts, including 3 Bed/2 Bath units; 16 private boat slips with direct Gulf access
