For Sale Commercial MLS# 2026009485

1031 SE 9th ST 2-3,6-9,10,11,13,14,16

CAPE CORAL, FL 33990

$1,750,000

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About 1031 SE 9th ST 2-3,6-9,10,11,13,14,16

Calling all investors! Not in a Flood Zone! 11-unit package fully occupied less than 2% vacancy Great rental potential and return on investment. Located near commercial park and Cape Coral Hospital and surrounding medical facilities. All unit of the units are a one bedroom one bath condo with a large living room, open kitchen with eat in countertop and large bedroom with walk-in closet and Tile floors throughout. Washer and dryer hook-up. Condo fees include water, sewer, and trash. Hurricane windows, and nicely updated interior, New Roof, Newly Asphalt driveway installed. This opportunity will surely not last in today's market. Owner has 12 Units that are rented in this community and kicking off fantastic annual revenue at a 7% CAP rate.

Property details

Property

Type
commercial
MLS type
Commercial
Status
Active
Year built
1984
Stories
1
Lot
0.0
Original price
$1,750,000
MLS #
2026009485

Exterior & lot

Features
Parking spaces: 13
Construction
1
Lot
P, LEXINGTON CONDO OR 1709 PG 722 APT 2,3,6,7,8,9,10,11,13,14,16

Schools

District
Lee County School District

Utilities

Utilities
Electricity Connected, Phone Connected, Sewer Connected, Water Connected, Electricity on Property

Financial

Financial
Florida Gulf Coast
Annual tax
$18,000
Tax year
2025
Legal
LEXINGTON CONDO OR 1709 PG 722 APT 2,3,6,7,8,9,10,11,13,14,16

Location

County
Lee
Community
Lee, Florida Gulf Coast

Location

School district
Lee County School District

Ask about this property

Questions on 1031 SE 9th ST 2-3,6-9,10,11,13,14,16, CAPE CORAL, FL 33990, or want to see it in person?

Listed by A.D. Diaz, Century 21 Sunbelt Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.