$1,250,000
3603 Se 9th Pl, Cape Coral, FL
0.49
Acres
Quick Summary
Located in Cape Coral, 3603 Se 9th Pl (MLS®# 2025002225) is a gorgeous Multi Family Commercial Sale property. It features 0.49 acres of lot.
This Property was originally built in 1985. It is currently listed for $1,250,000.
Remarks
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!
Facts & Features
MLS® # | 2025002225 |
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Price | $1,250,000 |
Bathrooms | 0.00 |
Acres | 0.49 |
Year Built | 1985 |
Type | Commercial Sale |
Sub-Type | Multi Family |
Status | Active |
Community Information
Address | 3603 Se 9th Pl |
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Area | CC12 - Cape Coral Unit 7 |
City | Cape Coral |
County | Lee |
State | FL |
Zip Code | 33904 |
Amenities
Utilities | Electricity Available, Trash Collection, Water Available |
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Is Waterfront | No |
Waterfront | None |
Has Pool | No |
Private Pool | No |
Interior
Fireplace | No |
---|---|
# of Stories | 1 |
Has Basement | No |
Additional Information
Days on Market | 80 |
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Zoning | R3-D |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Has HOA | No |
Listing Details
Office | Cornerstone Coastal Properties |
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