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Investment Highlights

  • INCOME-PRODUCING
  • LOCATION
  • DEVELOPMENT UPSIDE

Executive Summary

INCOME TODAY. UPSIDE TOMORROW. Unique Cape Coral investment opportunity combining an existing income-producing duplex with adjacent vacant land. The property offers the ability to maintain current rental income while exploring future development or redevelopment opportunities. Investors may continue operating the existing improvements, potentially develop the additional land, or evaluate a larger redevelopment concept, subject to zoning, permitting and governmental approvals. Excellent opportunity for an investor or developer seeking current income with long-term upside in Southwest Florida. INVESTMENT FLEXIBILITY
Hold for income, explore additional development, or evaluate a future redevelopment strategy.

Attachments

225

Property Facts

Price $723,240 CAD
Price Per Unit $361,620 CAD
Sale Type Investment
Sale Conditions
Bulk/Portfolio Sale
  • Redevelopment Project
No. Units 2
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.46 AC
Building Size 3,765 SF
Average Occupancy 100%
No. Stories 1
Year Built 1984
Parking Ratio 2.39/1,000 SF
Zoning R3-D - Multi Family 10 units or less

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
5+4 2 $1,722 CAD -
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
13-45-23-C1-00228.0440
Land Assessment
$170,275 CAD
Improvements Assessment
$360,112 CAD
Total Assessment
$530,386 CAD
  • Listing ID: 41436957

  • Date on Market: 2026-07-25

  • Last Updated:

  • Address: 225 Cape Coral Pky E, Cape Coral, FL 33904

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