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4520 SE 5th Place, 
Cape Coral, FL 33904

$2,100,000

6

Beds

3

Baths

3,300

Sq Ft

Multi-Family

Active

Listed by

Andres G Sanchez

Local Real Estate LLC.

Last updated:

January 14, 2026, 01:57 AM

MLS#

226000602

Source:

FL GFMB

About This Home

4520 SE 5th Place

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 100' 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.

Home Facts

Multi-Family

3 Baths

6 Bedrooms

Built in 1979

Price Summary

2,100,000

$636 per Sq. Ft.

MLS #:

226000602

Last Updated:

January 14, 2026, 01:57 AM

Added:

5 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

3,300 Sq. Ft.

Structure

Structure

Building Area:

3,300 Sq. Ft.

Year Built:

1979

Finances & Disclosures

Finances

Price:

$2,100,000

Price per Sq. Ft:

$636 per Sq. Ft.

Source:FL GFMB
The source of the information about real property available for sale or rent is the copyrighted and proprietary database of the Florida Gulf Coast Multiple Listing Service, Inc.. Copyright 2026 Florida Gulf Coast Multiple Listing Service, Inc.; all rights reserved. The data is provided by the IDX Program, and the Information is Deemed Reliable But Not Guaranteed.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.