An opportunity to acquire a waterfront 3-unit multifamily property with future development potential in the heart of downtown Cape Coral. The property consists of 3,440 SF on 0.43 acres and includes spacious 1,100 SF units, ample parking, and a 100’ seawall with dock on a 200’ wide Gulf-access canal. Two units are currently vacant, providing immediate flexibility for long-term leases, seasonal rentals, or short-term/Airbnb strategies, while zoning allows for the addition of up to four more units. With walkable access to restaurants and shopping, and supported by Cape Coral’s strong population growth and rental demand, this asset offers both stable cash flow and value-add upside.