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3603 SE 9th Place
Cape Coral FL 33904 US

$1,250,000

Active Listing ID 2025002225
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Lot: 0.49 Acres
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Other

$1,250,000

Active Listing ID 2025002225
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3603 SE 9th Place Exceptional & Rare opportunity to own a fully occupied 8-unit multifamily property in the heart of Cape Coral. This well-maintained income-producing asset features eight spacious 1-bedroom, 1-bathroom units, each with private entrances and functional layouts ideal for long-term tenants. The property offers strong, consistent cash flow with a 7.9% cap rate, making it an attractive addition to any investor's portfolio. The building offers with ample parking, laundry hook ups in each unit with a common coin-laundry room and a history of high occupancy. Solid concrete block construction and professional management contribute to low operating costs and reliable performance. Located in a high-demand corridor with easy access to shopping, dining, and this property is positioned for both immediate income and long-term appreciation. Whether you're expanding your portfolio or seeking a turnkey 1031 exchange opportunity, this asset delivers on location, stability, and returns. Duplex next door 3609 SE 9th PL is also available for sale!

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Property Features

  • Facts
  • Lot Size: 0.49 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1250000
  • unparsedaddress: 3603 SE 9th Place
  • postalcity: Cape Coral
  • stateorprovince: FL
  • country: US
  • postalcode: 33904
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.485
  • lotsizeunits: Acres
  • lotsizearea: 0.485
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 26.585149
  • longitude: -81.955198
  • listagentfullname: Nicole Pistone
  • listagentemail: nicolempistone@gmail.com
  • listagentkey: 3yd-FMSWFL-P3357432
  • listagentmlsid: P3357432
  • listagentpreferredphone: 2396287439
  • listagentofficephone: 2396287439
  • listofficekey: 3yd-FMSWFL-FCCP
  • listagentstatelicense: 258023882
  • listofficemlsid: FCCP
  • disclaimer: Copyright © 2025 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: FMSWFL
  • yearbuilt: 1985
  • listingcontractdate: 2025-07-21
  • listagentfax: 2399842582
  • listagenturl: https://cornerstonecoastal.com
  • countyorparish: Lee
  • parcelnumber: 06-45-24-C4-00487.0010
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Independent
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -81.9552, 26.58515
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Lee Island Coast Real Estate, Inc", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"nicolempistone@gmail.com", "ListBrokerageCity":"Ft Myers", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Jenny@CornerstoneCoastal.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Lee Island Coast Real Estate, Inc", "ListBrokeragePhone":"(239) 989-0111", "ListBrokeragePostalCode":"33907", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"7950 Summerlin Lakes Dr Suite 2", "ListBrokerageWebsiteUrl":"https://cornerstonecoastal.com", "ListOfficeAddress1":"7950 Summerlin Lakes Dr. Ste 2 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"FCCP", "ListOfficeCity":"Fort Myers", "ListOfficeCountry":"USA", "ListOfficeEmail":"Jenny@CornerStoneCoastal.com", "ListOfficePostalCode":"33907", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Cape Coral, FL", "ListingURL":null, "MLSModificationTimestamp":"2025-07-28 19:16:09", "Neighborhoods":[{"Description":null, "Name":"CC12 - Cape Coral Unit 7-15"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":13093, "TaxDescription":"CAPE CORAL UNIT 14 BLK 487 PB 13 PG 68 LOTS 1 THRU 4", "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/5/2025 11:08:12 PM GMT
Source Updated Date: 12/6/2025 6:55:43 PM GMT

Courtesy of: Nicole Pistone, Cornerstone Coastal Properties, nicolempistone@gmail.com

Copyright © 2025 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.