624 SE 46th St - Apartments FOR SALE


Cape Coral, FL 33904- Caloosahatchee
$975,000 USD
239-323-5098
624 SE 46th St, Cape Coral, FL for Sale
$975,000 USD
Apartments - FOR SALE
1/35
null | Request Cap Rate

624 SE 46th St
Cape Coral, FL 33904
Caloosahatchee


HIGHLIGHTS

  • Fully remodeled fourplex at 624 SE 46th Street in a Cape Coral neighborhood, operating as a licensed, income-producing vacation rental.
  • All assessments paid with major property upgrades, including a 2018 roof, new windows, and a newly built heated swimming pool.
  • Four furnished units featuring in-unit laundry, granite kitchens, smart locks, private BBQ areas, and a fenced yard with a pergola and an outdoor TV.
  • Superhost status on Airbnb with five-star reviews and strong demand in a top Florida destination for international tourists and out-of-town visitors.

OVERVIEW

Explore a compelling income-producing opportunity in one of Southwest Florida’s most desirable coastal markets at 624 SE 46th Street in Cape Coral. Close to downtown, shops, and restaurants, this beautiful four-plex property offers convenient access to everyday amenities while retaining a quiet residential setting. Recently renovated, significant upgrades include a 2018 roof replacement, new windows, and a newly constructed heated swimming pool, enhancing the guest experience and rental potential. Six on-site parking spaces provide ample accommodation for residents and visitors. All assessments have been paid, enhancing the overall value and financial appeal. Operating successfully as a vacation rental, all four units are fully furnished and feature private in-unit laundry. Each residence has been upgraded with new kitchens and bathrooms, granite countertops, and tile flooring throughout. Kitchens come with utensils, cookware, linens, and towels, making for seamless short- or long-term stays. Every unit includes its own BBQ area, while the backyard features a pergola with a television, creating an inviting communal gathering space. A private fence surrounds the property, with secure coded entry and smart locks installed on all units. The owner holds Superhost status on Airbnb and maintains numerous five-star reviews, reflecting strong guest satisfaction and consistent performance. All Florida State vacation rental licenses are in place, offering operational continuity for a new owner. Cape Coral ranked ninth in Florida for international visitation in 2021, welcoming approximately 53,000 overseas visitors. Known for its extensive 400-mile canal system and proximity to Gulf beaches, the area attracts boating, fishing, and nature enthusiasts year-round. Quick access to retailers, dining, and services along Cape Coral Parkway E further strengthens the location’s appeal. Schedule a showing today and secure a prime investment opportunity in one of Florida’s most sought-after vacation markets.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$270 USD /SF

# OF UNITS

4

PRICE/UNIT

$243,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fourplex Vacation Rental with Heated Pool

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,271 SF

ZONING

RD-3

APN/PARCEL ID

12-45-23-C3-00319.0110

ASK ABOUT THIS PROPERTY

Manny GonzalezMaks RealtyMore Info
239-323-5098

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Manny GonzalezMaks RealtyMore Info
239-323-5098

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.