937 Se 23rd Pl 1-5, Cape Coral, Florida 33990
  • $825,000

Overview

Property ID: 2026026678
  • Commercial Sale
  • Type

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 $94, 200. 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)

  • Address: 937 Se 23rd Pl 1-5, Cape Coral, Florida 33990
  • City: Cape Coral
  • State/county: FL
  • Zip/Postal Code: 33990

Details

Updated on September 8, 2026 at 7:20 pm
  • Property ID 2026026678
  • Price $825,000
  • Land Area 0.386 Acres
  • Year Built 1979
  • Type Commercial Sale
  • Property Status Closed

Additional details

  • Utilities Electricity Connected, Other, Sewer Connected, Water Connected
  • County Lee
  • Property Type Commercial Sale
  • Waterfront None

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