4015 19th Avenue 5-9, CAPE CORAL, FL 33904
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  • MLS#: A4693375 ( Residential Income )
  • Street Address: 4015 19th Avenue 5-9
  • Viewed: 1
  • Price: $950,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1978
  • Bldg sqft: 0
  • Bedrooms: 9
  • Total Baths: 5
  • Days On Market: 1
  • Additional Information
  • Geolocation: 26.5757 / -81.935
  • County: LEE
  • City: CAPE CORAL
  • Zipcode: 33904
  • Subdivision: Cape Coral
  • Provided by: EPIQUE REALTY, INC.
  • Contact: Ralph Nudi
  • 888-893-3537
  • mfrmls
  • DMCA Notice
  • Description
    Excellent opportunity to acquire a well maintained 5 unit multifamily property in a desirable Southeast Cape Coral location. This income producing asset features a strong unit mix of one 1 bedroom unit and four 2 bedroom units, appealing to a wide range of tenants. The property is currently generating solid rental income with several units below market, providing a clear path for increased returns through rent adjustments. Recent interior updates in select units enhance tenant appeal and support higher rental potential. Take advantage of the existing cash flow or explore the potential for short term rental use. Ideally located within walking distance to the newly renovated Jaycee Park, offering added lifestyle appeal for tenants and guests alike. Situated in an established residential area with convenient access to shopping, dining, and major roadways, the property benefits from consistent rental demand and strong occupancy trends. The layout offers functional living spaces, ample parking, and a clean, well cared for appearance that minimizes immediate capital needs. This property is well suited for investors seeking a combination of current income and future upside, with the potential to increase gross income by bringing rents to market levels in a growing Southwest Florida market.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Courtyard
  • Living Area: 4240.00
  • Roof: Membrane, Shingle
Property Information
  • Property Condition: Completed
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Utilities: Cable Available, Cable Connected, Electricity Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Country: US
  • Interior Features: Other
  • Legal Description: CAPE CORAL UNIT 7 BLK 385 PB 12 PG 112 LOTS 16 THRU 18
  • Area Major: 33904 - Cape Coral
  • Parcel Number: 08-45-24-C1-00385.0160
  • Unit Number: 5-9
  • View: City
  • Zoning Code: RML
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