Ten-unit multifamily investment opportunity on Skyline Boulevard in Southwest Cape Coral. Built in 2026, this two-story apartment building features six ground-floor units and four second-floor units, each offering two bedrooms and two full bathrooms. Floor plans include a combined living and dining area, kitchen with island, primary suite with walk-in closet and private bathroom, in-unit laundry area, and patio or balcony. Concrete block construction with stucco exterior, architectural shingle roof, and impact-resistant windows and exterior doors. The property offers 25 parking spaces, with separate water and electric meters for each unit. All units are occupied, and all seller-owned appliances currently installed in the units are included in the sale. Convenient access to Cape Coral Parkway and Veterans Memorial Parkway. Current rental and operating information is available upon request. Showings by appointment only. Please do not disturb tenants.
| MLS # | 2026043798 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2026 |
| Days On Site | 29 |
| Listing Provided By | Palermo Real Estate LLC | Rosy Palermo |
| SQ Feet | 10,952 |
|---|---|
| Story(s) | 2 |
| Zoning | R3-D |
| Acreage | 0.74 |
| Water Front | Yes |
| Rooms Total | 0 |
|---|---|
| Cooling Yes / No | No |
| Heating Yes / No | No |
| Fireplace Yes / No | No |
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
| Utilities | Electricity Connected, Phone Connected, Sewer Connected, Water Connected |
|---|
| Tax Annual Amount | 4620.07 |
|---|---|
| Tax Legal Description | CAPE CORAL UNIT 66 BLK 3236 PB 22 PG 14 LOTS 63 THRU 66 + VAC ALLEY OR 2833 PG 2238 |
| Tax Year | 2026 |
| State | FL |
|---|---|
| County | Lee |
| City | CAPE CORAL |
| Zip Code | 33914 |
| Listing VS Median (in 33914) | |
Price: $2,700,000 low | high Med: $439,450 sqft: 10,952 low | high Med: 2,130 $ / sqft: $247 low | high Med: $207 On site: 29 low | high Med: 122 | |
| State | FL |
|---|---|
| County | Lee |
| City | CAPE CORAL |
| Zip Code | 33914 |
| Listing VS Median (in 33914) | |
Price: $2,700,000 low | high Med: $439,450 sqft: 10,952 low | high Med: 2,130 $ / sqft: $247 low | high Med: $207 On site: 29 low | high Med: 122 | |