Multifamily Development
For Sale
$164,500
519 Southeast 5th Street, Cape Coral, FL 33990
Zoned for multifamily use, this triple lot is suitable for up to six apartment units.
Property SizeContact for details
Lot Size0.33 Acres
Days on Market376
Property Features for 519 Southeast 5th Street
General Information
Standard status
Active
Lot size
0.33 Acres
Property subtype
Lot & Land
Taxes and HOA fees
Annual Taxes
$3,269
Amenities
No
Municipal, Included In Assessment
Non Gated
Listing Agency:
Innova Real Estate Corp
(239) 281-6763
Listed By:
Rene Alvarez · License #258009053
(239) 281-6763
Source:
Compass
Added: Jul 31, 2025
Changed: Aug 8
Last Checked: Aug 8 at 4:33PM
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 is offered for sale as a development opportunity in Southeast Cape Coral. The site is described as being suitable for up to six apartment units under its current multifamily zoning.
The property is located just off Cultural Park Blvd, with access to City Hall as well as the Police and Fire Department. The remarks also note quick routes to North Fort Myers and Downtown Fort Myers for commuting and local connectivity.
If you’re looking for a multifamily-ready parcel, this lot provides a straightforward platform for an apartment development plan consistent with the stated unit capacity.
The property is located just off Cultural Park Blvd, with access to City Hall as well as the Police and Fire Department. The remarks also note quick routes to North Fort Myers and Downtown Fort Myers for commuting and local connectivity.
If you’re looking for a multifamily-ready parcel, this lot provides a straightforward platform for an apartment development plan consistent with the stated unit capacity.
Key Highlights
- Triple multifamily lot over 1/3 acre in SE Cape Coral
- Zoned for multifamily use and suitable for up to 6 apartment units
- Located just off Cultural Park Blvd
Property Analytics
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 - Zoned for multifamily use, this triple lot is suitable for up to six apartment units.
Where is this residential land & home lot located?
The property is located at 519 Southeast 5th Street 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 over 1/3 acre in SE Cape Coral; Zoned for multifamily use and suitable for up to 6 apartment units; Located just off Cultural Park Blvd
