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3913 SE 11th Pl
Cape Coral, FL 33904
SE 11th Place MultiFamily - Cape Coral · Multifamily Property For Sale
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5 Units
Investment Highlights
- Waterfront rental product with five 2 bed / 2 bath units.
- Substantial rental income upside, as current rental rates are significantly below market.
- Situated just north of Cape Coral Pkwy, property is a short drive from DT Cape Coral & a 5-minute drive to grocery, retail, dining, and entertainment
- Located within the Cape Coral sub-market, a metro area with the fourth highest projected population growth rate in the nation.
- The property features 125’ of direct canal frontage, offering the potential for dock construction and other value-add opportunities.
- Brand new shingle roof completed in July of 2023.
Property Facts
| No. Units | 5 | Building Size | 5,580 SF |
| Property Type | Multifamily | Average Occupancy | 80% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1978 |
| Building Class | C | Parking Ratio | 1.43/1,000 SF |
| Lot Size | 0.34 AC | ||
| Zoning | RML - Residential Multi-Family Low | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 5,580 SF |
| Average Occupancy | 80% |
| No. Stories | 1 |
| Year Built | 1978 |
| Parking Ratio | 1.43/1,000 SF |
| Zoning | RML - Residential Multi-Family Low |
Amenities
Unit Amenities
- Dishwasher
- Ceiling Fans
- Kitchen
- Tub/Shower
- Views
Site Amenities
- Waterfront
- Trash Pickup - Curbside
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 5 | - | 1,116 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $316,017 | |
| Land Assessment | $243,600 | Total Assessment | $633,769 |
Property Taxes
Parcel Numbers
Land Assessment
$243,600
Improvements Assessment
$316,017
Total Assessment
$633,769
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