Multifamily Property for Sale in Cape Coral, FL

  • Price: $2.8M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Cape Coral, FL 33909

Description

This offering presents a rare opportunity to acquire 6.54± acres across seven vacant parcels within the established Pine Key condominium community. Fully site plan approved for seven residential buildings totaling 84 units, the property is shovel-ready with completed sitework, infrastructure, and parking already in place. Zoned Corridor District with flat topography and utilities available, the site allows developers to move directly into vertical construction while benefiting from existing resort-style amenities and a prime infill location near Downtown Fort Myers and Gulf Coast beaches. Land Size: 6.539 Ac | Listing Type: FOR SALE

Market Context

This multifamily in Cape Coral, FL is listed for sale at $2,800,000. It has been on the market for 23 days. Compare it against other multifamily listings for sale in Cape Coral, FL — <a href="/search/sale/multifamily/florida/cape-coral">view the full market</a>.

As of Q4 2023, the Fort Myers / Naples multifamily market showed a 6.5% vacancy rate. Source: Colliers Q4 2023 market report.

Multifamily market FAQ

Is the Fort Myers / Naples multifamily market tightening or softening?
Vacancy is around 6.5% (Q4 2023).

Contact

Explore this market

Similar Multifamily Property for Sale in Cape Coral, FL