Cape Coral, FL 33904,3603 SE 9th PL
Cape Coral, FL 33904,3603 SE 9th PL
Cape Coral, FL 33904,3603 SE 9th PL
Cape Coral, FL 33904,3603 SE 9th PL
Cape Coral, FL 33904,3603 SE 9th PL
Cape Coral, FL 33904,3603 SE 9th PL
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$ 1,250,000
Est. payment | /mo

0.48 Acres Lot


$ 1,250,000
Est. payment | /mo

0.48 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2025002225

Construction Status Resale

HOA Y/N No

Year Built 1985

Annual Tax Amount $13,092

Tax Year 2024

Lot Size 0.485 Acres

Acres 0.485

Property Sub-Type Multi Family

Property Description

Exceptional & Rare opportunity to own a fully occupied 8-unit multifamily property in the heart of Cape Coral. This well-maintained income-producing asset features eight spacious 1-bedroom, 1-bathroom units, each with private entrances and functional layouts ideal for long-term tenants.
The property offers strong, consistent cash flow with a 7.9% cap rate, making it an attractive addition to any investor's portfolio. The building offers with ample parking, laundry hook ups in each unit with a common coin-laundry room and a history of high occupancy. Solid concrete block construction and professional management contribute to low operating costs and reliable performance.
Located in a high-demand corridor with easy access to shopping, dining, and this property is positioned for both immediate income and long-term appreciation.
Whether you're expanding your portfolio or seeking a turnkey 1031 exchange opportunity, this asset delivers on location, stability, and returns. Duplex next door 3609 SE 9th PL is also available for sale!

Location

State FL

County Lee

Area Cc12 - Cape Coral Unit 7-15

Rooms

Bedroom Description NaN

Interior

Fireplace No

Exterior

Utilities Available Electricity Available, Trash Collection, Water Available

Waterfront Description None

Present Use Multi-Family

Garage No

Building

Story 1

Construction Status Resale

Others

Senior Community No

Tax ID 06-45-24-C4-00487.0010

Virtual Tour https://tinyurl.com/y25dwjhe

Listed by Cornerstone Coastal Properties • Nicole Pistone
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