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5126 Coronado Pky 16 Unit Apartment Building $9,500,000 ($593,750/Unit) Cape Coral, FL 33904
Investment Highlights
- Currently configured as a VRBO investment, providing potential for strong income generation and long-term value
- Located within a high-demand residential and vacation market, supporting consistent occupancy and rental demand
- Ideal for investors seeking a stabilized asset or redevelopment potential in one of Southwest Florida’s fastest-growing communities
- Situated in a well-established area with convenient access to local amenities, retail, and waterfront attractions
- Proximity to major roadways and regional destinations enhances connectivity for residents and visitors alike
Executive Summary
Premier Cape Coral Vacation Rental Investment Opportunity
This fully furnished 16-unit vacation rental property offers an exceptional investment opportunity with strong rent-growth potential. Property highlights include:
2 Bed/bath and 3 Bed/2 Bath Units
32 covered parking spaces
16 private boat slips
Direct Gulf access
Saltwater pool
Tile flooring throughout
Granite countertops
Stainless steel appliances
Ideally located within walking distance of downtown Cape Coral and the Cape Coral Yacht Club, the property is also near the new Bimini East development and just a short boat ride from Bimini Square. As the surrounding area continues to develop, this high-quality property is well positioned for future rental growth.
This fully furnished 16-unit vacation rental property offers an exceptional investment opportunity with strong rent-growth potential. Property highlights include:
2 Bed/bath and 3 Bed/2 Bath Units
32 covered parking spaces
16 private boat slips
Direct Gulf access
Saltwater pool
Tile flooring throughout
Granite countertops
Stainless steel appliances
Ideally located within walking distance of downtown Cape Coral and the Cape Coral Yacht Club, the property is also near the new Bimini East development and just a short boat ride from Bimini Square. As the surrounding area continues to develop, this high-quality property is well positioned for future rental growth.
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Property Facts
| Price | $9,500,000 | Building Class | A |
| Price Per Unit | $593,750 | Lot Size | 1.05 AC |
| Sale Type | Investment | Building Size | 26,440 SF |
| No. Units | 16 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2023 |
| Property Subtype | Apartment | Parking Ratio | 1.29/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RML - Residential Multi-Family Low (RML) | ||
| Price | $9,500,000 |
| Price Per Unit | $593,750 |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | A |
| Lot Size | 1.05 AC |
| Building Size | 26,440 SF |
| No. Stories | 3 |
| Year Built | 2023 |
| Parking Ratio | 1.29/1,000 SF |
| Zoning | RML - Residential Multi-Family Low (RML) |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Ceiling Fans
- Double Vanities
- Granite Countertops
- Refrigerator
- Dock
- Double Pane Windows
- Pantry
Site Amenities
- Pool
- Waterfront
- Furnished Units Available
- Storage Space
- Bicycle Storage
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 12 | - | 1,544 - 1,606 |
| 3+2 | 4 | - | 1,866 |
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Fairly walkable
40/100
Very drivable
80/100
Minimal public transit
10/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 13-45-23-C2-37000.00CE | Improvements Assessment | $0 |
| Land Assessment | $1,004,496 | Total Assessment | $1,004,496 |
Property Taxes
Parcel Number
13-45-23-C2-37000.00CE
Land Assessment
$1,004,496
Improvements Assessment
$0
Total Assessment
$1,004,496
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5126 Coronado Pky