Waterfront 3-Unit Multifamily with Development Potential
Waterfront 3-Unit Multifamily with Development Potential
Marketing description
Opportunity to acquire a waterfront 3-unit multifamily property with future development potential in the heart of downtown Cape Coral. The property features 3,440 SF on 0.43 acres, with spacious 1,100 SF units, ample parking, and a 120’ seawall with dock on a 200’ wide Gulf-access canal. Two of the units are currently vacant, creating immediate flexibility for long-term, seasonal, or short-term rental strategies, while the site offers the ability to add up to four additional units. Supported by Cape Coral’s strong population growth and rental demand, this asset offers both stable cash flow and value-add upside.
Investment highlights
3-unit multifamily with ability to add 4 more units
100’ seawall with dock on a 200’ wide Gulf-access canal
Walkable downtown Cape Coral location with strong rental demand
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