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
Contingent inspection
Price cut: $25K (9/28)
$425,000
4507 SE 5th Pl, Cape Coral, FL 33904
4beds
2,552sqft
Est.:
Quadruplex, Multi Family
Built in 1964
-- sqft lot
$-- Zestimate®
$167/sqft
$-- HOA
What's special
Gulf access
- 67 days |
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