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$1,075,000
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Property Description
Exceptional & Rare opportunity to own a fully occupied 8-unit multifamily property in the heart of Cape Coral. This well-maintained income-producing asset features eight spacious 1-bedroom, 1-bathroom units, each with private entrances and functional layouts ideal for long-term tenants. The property offers strong, consistent cash flow with a 7.9% cap rate, making it an attractive addition to any investor's portfolio. The building offers with ample parking, laundry hook ups in each unit with a common coin-laundry room and a history of high occupancy. Solid concrete block construction and professional management contribute to low operating costs and reliable performance. Located in a high-demand corridor with easy access to shopping, dining, and this property is positioned for both immediate income and long-term appreciation. Whether you're expanding your portfolio or seeking a turnkey 1031 exchange opportunity, this asset delivers on location, stability, and returns. Duplex next door 3609 SE 9th PL is also available for sale!
Full Property Details
Full Property Details for 3603 SE 9th Pl
General
- Sold For: $1,075,000
- Taxes: (2024)
- Status: Closed
- Type: Commercial Residential Facility
- Source: Bonita_Springs
- MLS ID: 2025002225
- Added to Site: 173 day(s) ago
Business
- Business Type: Commercial Only
Rental Information
- Lease Info: Monthly Gross
Parking
- Total Spaces: 8
Location
- Area: CC12 - Cape Coral Unit 7-15
- County: Lee
Heating & Cooling
- Air Conditioning: Yes
Utilities
- Utility Description: Electricity Available, Trash Removal, Water Available
Structural Information
- Description/Design: Multi-Family: 5+ Units
- Stories/Levels: 1
- Stories in Building: 1
- Year Built: 1985
Lot Features
- Lot Size (Acres): 0.485
- Lot Size (Sq. Ft.): 21,126
- Lot Size Source: Property Appraiser Office
- Zoning: R3-D
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Price Per Acre: $169
- Assoc Fee Freq.: Annually
- Tax Year: 2024
Disclosures and Reports
- Legal Description: CAPE CORAL UNIT 14 BLK 487 PB 13 PG 68 LOTS 1 THRU 4
- Inclusions: Building And Land
- Property ID: 06-45-24-C4-00487.0010
Listed by Cornerstone Coastal Properties
Sold by Bartomeo Realty
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Schools
Schools serving 3603 SE 9th Pl
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Cape Elementary School 4519 Vincennes Boulevard, Cape Coral, FL 33904 | K-5 | 1.3 mi |
Pelican Elementary School 3525 Southwest 3rd Avenue, Cape Coral, FL 33914 | K-5 | 1.6 mi |
Skyline Elementary School 620 Southwest 19th Street, Cape Coral, FL 33991 | K-5 | 3 mi |
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 3.3 mi |
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914 | 6-8 | 3.5 mi |
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990 | 6-8 | 4.1 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 2.2 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 3.8 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3603 SE 9th Pl
Date
Details
Price
Change
Source
12/05/2025
Sold
$1,075,000
-14%
MLS
7/28/2025
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3603 SE 9th Pl, Cape Coral, FL 33904 (MLS# 2025002225) is a Commercial Residential Facility property that was sold at $1,075,000 on December 05, 2025. Want to learn more about 3603 SE 9th Pl? 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.

