937 SE 23rd PL #1-5, Cape Coral, FL 33990
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Jim Benson

Jim Benson

+1(812) 989-7450
$ 875,000
Est. payment | /mo

0.39 Acres Lot

Save
$ 875,000
Est. payment | /mo
Save

0.39 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2026026678

Construction Status Resale

HOA Y/N No

Year Built 1979

Annual Tax Amount $8,147

Tax Year 2025

Lot Size 0.386 Acres

Acres 0.386

Property Sub-Type Multi Family

Property Description

Fully occupied five-plex offering investors a turnkey, low-maintenance income stream in one of Southwest Florida's fastest-growing rental markets.

The 4,957 sq. ft. property is comprised of five 2-bedroom/1-bathroom units with an annual gross income of $96,000. Ownership has recently invested significantly in the asset, including a new roof, hurricane-resistant impact windows throughout, fully renovated bathrooms, full exterior paint, parking lot reseal and stripe, and replacement of all A/C units, substantially reducing near-term capital exposure for a new buyer.

• Hurricane resistant impact windows (2025)
• Renovated bathrooms (2025)
• All new A/C units (2024-25)
• New roof (2023)
• Parking lot reseal & stripe (2023)
• Full exterior paint (2023)

Location

State FL

County Lee

Area Cc14 - Cape Coral Unit 16, 18, 22-

Interior

Furnishings Furnished

Fireplace No

Exterior

Utilities Available Electricity Available, Other, Sewer Available, Water Available

Waterfront Description None

Present Use Multi-Family

Garage No

Building

Story 1

Construction Status Resale

Others

Senior Community No

Tax ID 20-44-24-C2-01399.0030

Listed by LSI Companies Inc. • Justin Milcetich

Nearby Locations

Marie Elmendorf

"I am committed to serving my clients for stress free transactions, while utilizing the latest technology available today! "

+1(703) 928-4982

marie@five-stargroup.com

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937 SE 23rd PL #1-5

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