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    907 Skyline Blvd Cape Coral, FL 33991

    For Sale
    $7,200,000

    Luxury Apartments, High Occupancy

    Property size:
    24,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Class A, multifamily investment opportunity presents a 24-unit apartment building in the thriving Cape Coral, Florida market. Located on a 1.5-acre lot at 907 Skyline Blvd, zip code 33991, this 2022-built property boasts 24,000 square feet of net rentable space, achieving 100% occupancy. The two-story building comprises two structures, each featuring spacious two-bedroom, two-bathroom units averaging nearly 1,000 square feet. Each unit includes in-unit laundry and a private lanai. The property's prime location offers convenient access to schools (Challenger Middle, Patriot Elementary, and Skyline Elementary), restaurants, shopping centers, and other amenities, including proximity to Palmetto Pines Country Club and major retail destinations on Pine Island Road. Offered at $7,200,000 ($300,000 per unit and $300 per square foot), this core investment presents a rare chance to acquire a newly constructed, high-quality asset in one of the nation's fastest-growing cities. The durable concrete construction ensures long-term value and minimal maintenance. This is a turnkey investment with immediate cash flow potential.

    Property Features for 907 Skyline Blvd

    General Information

    Property type
    Multifamily properties
    Square Feet
    24,000 SF
    Class
    A
    Lot Size
    65,340 SF

    Building Details

    Year Built
    2022
    Buildings
    2
    Stories
    2
    Units
    24

    HighLights

    • Rare investment opportunity in a high‑growth city.
    • Class A, trophy multifamily property.
    • Spacious two‑bedroom, two‑bathroom units.
    • High‑quality construction.
    • Less than two miles from Palmetto Pines Country Club.
    • Convenient to Pine Island Road retail.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -81.9915649
    Latitude
    26.6356084

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    FAQs

    What type of property is this?
    Multifamily property - Luxury Apartments, High Occupancy
    Where is this multifamily property located?
    The property is located at 907 Skyline Blvd Cape Coral, FL.
    What is the asking price?
    The asking price for this property is $7,200,000.
    What are key features of this property?
    This property features: Rare investment opportunity in a high-growth city.; Class A, trophy multifamily property.; Spacious two-bedroom, two-bathroom units.
    Request Owner's contact information
    907 Skyline Blvd Cape Coral, FL 33991
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    907 Skyline Blvd Cape Coral, FL 33991
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