Multifamily Development
For Sale
$164,500
519 SE 5th St, Cape Coral, FL 33990
Triple multifamily lot zoned for up to six apartment units, offering a build-ready site off Cultural Park Blvd.
Property SizeContact for details
Days on Market26
Property Features for 519 SE 5th St
General Information
Standard status
Active
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$3,269
Listing Agency:
Innova Real Estate Corp
(239) 281-6763
Listed By:
Rene Alvarez · License #258009053
(239) 281-6763
Source:
Elliman
Added: Jul 16
Changed: Aug 8
Last Checked: Jul 16 at 7:29PM
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 Innova Real Estate Corp
Investment Insights
Based on property information with market context.
This triple multifamily lot offers a development opportunity with zoning for multifamily use and potential for up to six apartment units. The property is positioned as a straightforward site for a future residential build within a single parcel configuration.
Located just off Cultural Park Blvd in Cape Coral, the lot provides access to City Hall and public safety services, with quicker routes to North Fort Myers and Downtown Fort Myers. The area’s mobility profile is car-dependent, reflecting practical reliance on vehicle travel for day-to-day access to shopping, dining, and essential services.
For investors or builders planning multifamily development, the lot’s zoning capacity and triple-lot configuration present a focused path to an apartment project within the multifamily framework stated in the listing.
Located just off Cultural Park Blvd in Cape Coral, the lot provides access to City Hall and public safety services, with quicker routes to North Fort Myers and Downtown Fort Myers. The area’s mobility profile is car-dependent, reflecting practical reliance on vehicle travel for day-to-day access to shopping, dining, and essential services.
For investors or builders planning multifamily development, the lot’s zoning capacity and triple-lot configuration present a focused path to an apartment project within the multifamily framework stated in the listing.
Key Highlights
- Triple multifamily lot totaling over 1/3 acre
- Zoned for multifamily use with capacity for up to 6 apartment units
- Located just off Cultural Park Blvd in SE Cape Coral
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,158
Businesses Nearby
Explore this area
Business Placement
Demographics for 33990, FL
32,717
Population
15,483
Households
2.1
Avg Household Size
47
Median Age
24%
College-Educated
89%
High-School Grad
9.3 sq mi
ZIP Area
3,518
Density / Sq Mi
$70,278
Median Household Income
$38,588
Median Earnings
$1,643
Median Rent
$330,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Triple multifamily lot zoned for up to six apartment units, offering a build-ready site off Cultural Park Blvd.
Where is this residential land & home lot located?
The property is located at 519 SE 5th St Cape Coral, FL.
What is the asking price?
The asking price for this property is $164,500.
What are key features of this property?
This property features: Triple multifamily lot totaling over 1/3 acre; Zoned for multifamily use with capacity for up to 6 apartment units; Located just off Cultural Park Blvd in SE Cape Coral
