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!
- Utilities:
- Electricity Connected, Water Connected
- Waterfront Features:
- None
- Location Text:
- 3603 Se 9th Pl, Cape Coral, Florida 33904
- Country:
- US
- State:
- FL
- County:
- Lee
- City:
- Cape Coral
- Zipcode:
- 33904
- Zoning:
- R3-D
- Street Dir Prefix:
- SE
- Stories Total:
- 1
- On Market Date:
- 2025-07-28
- Levels:
- 1
- Business Type:
- Residential
- Tax Annual Amount:
- 13092.87
- List Agent Mls Id:
- P3357432
- List Office Mls Id:
- FCCP
- Mls Status:
- Sold
- Modification Timestamp:
- 2025-12-09T16:04:45Z
- Originating System Name:
- NABOR
3603 Se 9th Pl, Cape Coral, Florida 33904
3603 Se 9th Pl, Cape Coral, Florida 33904
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- MLS ID :
- 2025002225
- Price :
- $1,250,000
- Year Built :
- 1985
- Lot Area :
- 0.49 Acre
- Status :
- Closed
- Video Url :
- Click Here
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