$400,000
$425,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
0.38 Acres Lot
SOLD DATE : 11/14/2025
Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Cape Coral
MLS Listing ID 2025005628
Sold Date 11/14/25
Style Resale Property
Bedrooms 4
Full Baths 4
HOA Y/N No
Year Built 1964
Annual Tax Amount $3,721
Tax Year 2024
Lot Size 0.385 Acres
Acres 0.385
Property Sub-Type Quadruplex
Source Florida Gulf Coast
Property Description
Waterfront Quadplex with Gulf Access – Tear-Down or Major Renovation Opportunity
Located at 4507 SE 5th Place, this rare Gulf-access quadplex offers an exceptional investment opportunity in the heart of Cape Coral. Situated on a spacious 0.385-acre waterfront lot with 120 feet of concrete seawall and a concrete dock, the property provides direct boating access to the Gulf of Mexico.
Built in 1964 with a total of 2,580 sq. ft., the existing structures are not currently habitable and will require demolition or extensive rehabilitation. Zoned R3-W, the site allows for multi-family redevelopment in a highly desirable waterfront location.
With close proximity to dining, shopping, and Cape Coral's boating lifestyle, this property is ideal for builders, investors, or developers seeking a prime location with endless potential.
Property Highlights:
Waterfront with Gulf access
120' concrete seawall & dock
0.385-acre lot in desirable Cape Coral Unit 9
Zoned R3-W (multi-family)
Prime redevelopment opportunity
Location
State FL
County Lee
Community No Subdivision
Area Cape Coral
Zoning R3-W
Interior
Heating None
Flooring Tile
Fireplace No
Heat Source None
Exterior
Exterior Feature Boat Dock Private, Concrete Dock, Dock Included
Amenities Available None
Waterfront Description Canal Front,Navigable
Roof Type Shingle
Street Surface Paved
Garage No
Private Pool No
Building
Lot Description Irregular Lot
Water Assessment Paid, Central
Architectural Style Ranch, Quadraplex
Structure Type Concrete Block
New Construction No
Others
Pets Allowed Yes
Senior Community No
Tax ID 12-45-23-C3-00289.0030
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Jones & Co Realty
