Downtown Multi-Building
For Sale
Contact for pricing
617 SE 46th Ln, Cape Coral, FL 33904
Two-building residential income property with upgraded units, central air, and multiple electric meters.
Property SizeContact for details
Days on Market132
Property Features for 617 SE 46th Ln
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
7
Amenities
central air
Building Details
Tenancy
Multi
Listing Agency:
RE/MAX Trend
(239) 292-2705
Listed By:
Jacklyn Rogers · License #FL
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 4:25AM
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 RE/MAX Trend
Investment Insights
Based on property information with market context.
This residential income property for sale features two apartment buildings with a mix of unit layouts. The left building includes a garage and has central A/C in the 3/1, with tenants also using window units. The studio in the front has a new mini split, and the garage is listed as vacant. The right building has central air in all four units, including two 1/1 apartments and two studios.
The property has had multiple upgrades, including new roofs, electric meters, interior and exterior paint, and renovated interior units. The buildings are described as having survived Hurricane Ian without flooding or damage. There are six electric meters, with the owner paying water. The asset is centrally located in the CRA with easy access to public transportation, restaurants, groceries, marinas, parks, and the Cape Coral Yacht Club.
The property has had multiple upgrades, including new roofs, electric meters, interior and exterior paint, and renovated interior units. The buildings are described as having survived Hurricane Ian without flooding or damage. There are six electric meters, with the owner paying water. The asset is centrally located in the CRA with easy access to public transportation, restaurants, groceries, marinas, parks, and the Cape Coral Yacht Club.
Key Highlights
- Two‑building residential income property in Downtown Cape Coral with gross income over $78K.
- Multiple upgrades including new roofs, electric meters, interior and exterior paint, and renovated interior units.
- Hurricane Ian survivor: building reported to have survived without flooding or damage.
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,121
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-building residential income property with upgraded units, central air, and multiple electric meters.
Where is this apartment building located?
The property is located at 617 SE 46th Ln Cape Coral, FL.
What are key features of this property?
This property features: Two‑building residential income property in Downtown Cape Coral with gross income over $78K.; Multiple upgrades including new roofs, electric meters, interior and exterior paint, and renovated interior units.; Hurricane Ian survivor: building reported to have survived without flooding or damage.
