4520 SE 5th PL

About this home

Here's a rare opportunity to acquire a waterfront 3-unit multifamily property with future development potential on the heart of downtown Cape Coral. The Property features 3,440 SF on .43 acres, with spacious 1,100 SF units, ample parking, and a 130' seawall with dock on a 200' wide Gulf-access canal. Two of the units are currently vacant, creating immediate flexibility for longer, seasonal, or short-term strategies, while the site offers the availability to add up to four additional units. With walkable access to restaurants and shopping and supported by Cape Coral's strong population growth and rental demand, this asset offers both stable cash flow and value-add upside.

SWFL truth layer

Water

Saltwater Canal — Gulf Access

Route

Gulf access — limited by a fixed bridge

Flood

AE

MLS waterfront language is treated as a teaser until the conservative GIS/NOAA classifier confirms route truth. Private parcel identifiers, tax-record IDs, contact-address fields, and alternate site-address fields are never rendered.

MLS attribution

Listing data is staged from the live MLS feed for development review. Public launch remains gated on FGCMLS/Trestle display-rule confirmation and approved disclaimer text.