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$1,575,000
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Property Description
Exceptional Lakefront Multi-Family Investment Opportunity in Cape Coral Located at 319 Nicholas Parkway West, this well-maintained six-unit investment property offers an outstanding opportunity in one of Cape Coral's most convenient and desirable corridors-close to shopping, dining, medical facilities, and everything Cape Coral has to offer. The property features: Four (4) spacious 2-bedroom, 2-bath units with dens Two (2) 2-bedroom, 2-bath units Fully leased with strong rental history All units equipped with hurricane shutters Kennedy system in place Peaceful lakefront setting providing attractive views and added tenant appeal This solid, income-producing asset combines location, unit mix, and long-term stability-making it ideal for investors looking to expand or strengthen their portfolio in Southwest Florida. Prime Cape Coral location Turnkey, fully occupied investment Lakefront with strong tenant demand
Full Property Details
Full Property Details for 319 Nicholas Pkwy W
General
- Price: $1,575,000
- Taxes: (2024)
- Status: Active
- Type: Commercial Residential Facility
- Source: Bonita_Springs
- MLS ID: 2025025750
- Updated: 12/23/2025
- Added to Site: 100 day(s) ago
Business
- Business Type: Commercial Only
Location
- Area: CC23 - Cape Coral Unit 28, 29, 45, 62, 63, 66, 68
- County: Lee
Heating & Cooling
- Air Conditioning: Yes
Utilities
- Utility Description: Electricity Available, Phone Available, Sewer Available, Trash Removal, Water Available
Structural Information
- Description/Design: Multi-Family: 5+ Units
- Stories/Levels: 2
- Stories in Building: 2
- Year Built: 2021
Lot Features
- Lot Size (Acres): 0.344
- Lot Size (Sq. Ft.): 14,984
- Lot Size Source: Property Appraiser Office
- Frontage Feet: 100
- Zoning: RML
Water Features
- Water Front: Yes
- Water Front Desc.: Lake, No Gulf Access
- Lake Front: Yes
Financial Considerations
- Price Per Acre: $236
- Assoc Fee Freq.: Annually
- Tax Year: 2024
Disclosures and Reports
- Legal Description: CAPE CORAL UNIT 29 BLK.1957 PB 16 PG 23 LOTS 61 THRU 63
- Inclusions: Building And Land
- Property ID: 14-44-23-C4-01957.0610
Listed by The Keyes Company
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Schools
Schools serving 319 Nicholas Pkwy W
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Hector A. Cafferata Jr Elementary School 250 Santa Barbara Boulevard North, Cape Coral, FL 33993 | K-5 | 1.1 mi |
Patriot Elementary School 711 Southwest 18th Street, Cape Coral, FL 33991 | K-5 | 1.6 mi |
Skyline Elementary School 620 Southwest 19th Street, Cape Coral, FL 33991 | K-5 | 1.9 mi |
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 1.5 mi |
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993 | 6-8 | 1.8 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 2 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 2.4 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 4.4 mi |
Trafalgar Elementary School 1850 Southwest 20th Avenue, Cape Coral, FL 33991 | K-5 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 319 Nicholas Pkwy W
Date
Details
Price
Change
Source
12/23/2025
Listed
$1,575,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 319 Nicholas Pkwy W
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,879
-10%
$837,346
-1%
2024
$14,356
-1%
$845,952
-1%
2023
$14,541
15%
$850,643
15%
2022
$12,638
788%
$741,798
1073%
2021
$1,423
-32%
$63,250
-15%
2019
$2,106
-2%
$74,750
—
2018
$2,146
22%
$74,750
21%
2017
$1,762
27%
$61,855
79%
2016
$1,386
9%
$34,500
20%
2015
$1,277
10%
$28,750
—
2014
$1,160
16%
$28,750
16%
2013
$996
—
$24,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 319 Nicholas Pkwy W
319 Nicholas Pkwy W, Cape Coral, FL 33991 (MLS# 2025025750) is a Commercial Residential Facility property. 319 Nicholas Pkwy W is currently listed for $1,575,000 and was received on December 23, 2025. Want to learn more about 319 Nicholas Pkwy W? Do you have questions about finding other Commercial Residential Facility real estate for sale in Cape Coral? You can browse all Cape Coral real estate or contact a Coldwell Banker agent to request more information.

