937 SE 23rd Place, Apt 1-5 $875,000
Fully occupied five-plex offering investors a turnkey, low-maintenance income stream in one of Southwest Florida's fastest-growing rental markets.
The 4,957 sq. ft. property is comprised of five 2-bedroom/1-bathroom units with an annual gross income of $96,000. Ownership has recently invested significantly in the asset, including a new roof, hurricane-resistant impact windows throughout, fully renovated bathrooms, full exterior paint, parking lot reseal and stripe, and replacement of all A/C units, substantially reducing near-term capital exposure for a new buyer.
• Hurricane resistant impact windows (2025)
• Renovated bathrooms (2025)
• All new A/C units (2024-25)
• New roof (2023)
• Parking lot reseal & stripe (2023)
• Full exterior paint (2023)
General Amenities
- Lot Acres
- 0.39
- Year Built
- 1979
937 SE 23rd Place, Apt 1-5
Cape Coral, Florida 33990
United States
Cape Coral, Florida 33990
United States
County: Lee
Sale Type: For Sale
Ref #: 2026026678
Last Updated: Thursday, 18 June 2026 07:03
Type of Home: Commercial
Listed by LSI Companies Inc. on Thursday, 18 June 2026 [For Sale]
- Lot Acres
- 0.39
- Year Built
- 1979
- Lot Acres
- 0.39
- Year Built
- 1979
937 SE 23rd Place, Apt 1-5
Cape Coral, Florida 33990
United States
Cape Coral, Florida 33990
United States
County: Lee
Sale Type: For Sale
Ref #: 2026026678
Last Updated: Thursday, 18 June 2026 07:03
Type of Home: Commercial
Listed by LSI Companies Inc. on Thursday, 18 June 2026 [For Sale]
