403 Hancock Bridge Pkwy #1-5, Cape Coral, FL 33990 - Photo 1

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$799,000

For Sale
Active
Commercial Residential Facility

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Property Description

Exceptional Investment Opportunity: Multi Family 5-Plex building has a total of 10 Bedrooms, 5 Baths with around 4300 total square feet. Â Has a BRAND NEW 2023 Dimensional Shingle Roof that's lighter in color to maximize efficiency. Â Conveniently located to shopping and dining, only a 1/2 mile to Santa Barbara Pkwy and Pine Island Rd.. Â Each unit has the same layout of 2 Bedroom, 1 Bath. Â Currently, 3 units are occupied with long term good standing tenants. Â Each unit has vinyl fence sections to create private backyard spaces among the renters. Â Each unit has tiled floors along with its own electric and water meters and tenants pay utilities. Â There is an indoor shared laundry room with coin washer and dryer. Â With room for improvement creates the opportunity of higher rental income. Â Please note: Don't walk on property or disturb the tenants, must call to schedule a showing appointment.

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Full Property Details

Full Property Details for 403 Hancock Bridge Pkwy #1-5

General

Price: $799,000
Taxes: (2023)
Status: Active
Type: Commercial Residential Facility
Source: Bonita_Springs
MLS ID: 224063587
Updated: 12/27/2025
Added to Site: 571 day(s) ago

Business

Business Type: Commercial Only

Parking

Total Spaces: 8

Location

Area: CC31 - Cape Coral Unit 17, 31-36,
County: Lee
Driving Directions: Driving on Santa Barbara Blvd turn east onto Hancock Bridge Pkwy 1/2mile, make a u-turn at SE 4th Pl to 403 Hancock Bridge Pkwy on right.

Heating & Cooling

Air Conditioning: Yes

Utilities

Utility Description: Electricity Available, Sewer Available, Trash Removal, Water Available

Structural Information

Description/Design: Multi-Family: Low Rise (1-3 Floors), Multi-Family: 5+ Units
Stories/Levels: 1
Stories in Building: 1
Square Feet: 4,364
Year Built: 1982

Lot Features

Lot Size (Acres): 0.364
Lot Size (Sq. Ft.): 15,855
Lot Size Source: Property Appraiser Office
Frontage Feet: 120
Zoning: CORR

Water Features

Water Front Desc.: None
Canal Width: None

Financial Considerations

Price Per Acre: $50
Assoc Fee Freq.: Annually
Tax Year: 2023

Disclosures and Reports

Legal Description: CAPE CORAL UNIT 23 BLK 1095 PB 14 PG 50 LOTS 41 THRU 43
Inclusions: Building And Land
Property ID: 13-44-23-C1-01095.0410

Listed by Real Broker, LLC

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Schools

Schools serving 403 Hancock Bridge Pkwy #1-5

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	0.6 mi
Caloosa Elementary School 620 Del Prado Boulevard South, Cape Coral, FL 33990	K-5	1.7 mi
Diplomat Elementary School 1115 Northeast 16th Terrace, Cape Coral, FL 33909	K-5	2.5 mi
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990	6-8	1.5 mi
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909	6-8	2.5 mi
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991	6-8	2.5 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	2.6 mi
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991	9-12	3 mi
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903	9-12	3.6 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 403 Hancock Bridge Pkwy #1-5 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

7/01/2025

Price Reduced

$799,000

-6%

MLS

12/13/2024

Price Reduced

$850,000

-8.11%

MLS

9/03/2024

Price Reduced

$925,000

-5.13%

MLS

8/01/2024

Listed

$975,000

34.48%

MLS

4/07/2023

Sold

$725,000

—

Public Record

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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 403 Hancock Bridge Pkwy #1-5

Year

Property Taxes

Change

Tax Assessment

Change

2025

$6,721

-12%

$436,973

2024

$7,631

-1%

$412,349

—

2023

$7,677

$412,378

2022

$7,437

-6%

$405,931

2021

$7,871

—

$401,799

2021

$7,871

18%

$371,539

16%

2019

$6,698

$319,938

10%

2018

$6,180

14%

$290,853

2017

$5,402

17%

$276,642

33%

2016

$4,636

-4%

$207,881

-11%

2015

$4,826

11%

$233,528

21%

2014

$4,348

12%

$192,268

14%

2013

$3,881

—

$168,650

—

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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 403 Hancock Bridge Pkwy #1-5

403 Hancock Bridge Pkwy #1-5, Cape Coral, FL 33990 (MLS# 224063587) is a Commercial Residential Facility property. 403 Hancock Bridge Pkwy #1-5 is currently listed for $799,000 and was received on August 01, 2024. Want to learn more about 403 Hancock Bridge Pkwy #1-5? 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.

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403 Hancock Bridge Pkwy #1-5 Cape Coral, FL 33990