$1,750,000
( )
$9,394 est/mo Sourced by Back At You1031 SE 9th St 2-3,CAPE CORAL, FL 33990
CAPE CORAL, FL 33990
Description
Calling all investors! Not in a Flood Zone! 11-unit package fully occupied less than 2% vacancy Great rental potential and return on investment. Located near commercial park and Cape Coral Hospital and surrounding medical facilities. All unit of the units are a one bedroom one bath condo with a large living room, open kitchen with eat in countertop and large bedroom with walk-in closet and Tile floors throughout. Washer and dryer hook-up. Condo fees include water, sewer, and trash. Hurricane windows, and nicely updated interior, New Roof, Newly Asphalt driveway installed. This opportunity will surely not last in today's market. Owner has 12 Units that are rented in this community and kicking off fantastic annual revenue at a 7% CAP rate.
Details
| MLS # | 2026009485 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1984 |
| Days On Site | 200 |
| Listing Provided By | Century 21 Sunbelt Realty | A.D. Diaz |
Features
| Story(s) | 1 |
|---|---|
| Zoning | P |
| Water Front | Yes |
Interior
| Rooms Total | 0 |
|---|---|
| Cooling Yes / No | No |
| Heating Yes / No | No |
| Fireplace Yes / No | No |
Parking
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
Utilities
| Utilities | Electricity Connected, Phone Connected, Sewer Connected, Water Connected |
|---|
Taxes
| Tax Annual Amount | 18000 |
|---|---|
| Tax Legal Description | LEXINGTON CONDO OR 1709 PG 722 APT 2, 3, 6, 7, 8, 9, 10, 11, 13, 14, 16 |
| Tax Year | 2025 |
Area Information
| State | FL |
|---|---|
| County | Lee |
| City | CAPE CORAL |
| Zip Code | 33990 |
| Listing VS Median (in 33990) | |
Price: $1,750,000 low | high Med: $317,000 On site: 200 low | high Med: 47 | |
Market Activity 33990
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Learn More About This Property
| State | FL |
|---|---|
| County | Lee |
| City | CAPE CORAL |
| Zip Code | 33990 |
| Listing VS Median (in 33990) | |
Price: $1,750,000 low | high Med: $317,000 On site: 200 low | high Med: 47 | |
Nearby Listings (Within 1/10 mile)
Price: $1.312M - $2.187M
sqft: 0 - 0
Listing Updated: August 31, 2026 at 9:29:23 AM PDT