Cape Coral, FL 33904 3603 SE 9th Place
$1,250,000



33 more


































Presented By: Cornerstone Coastal Properties
Home Details
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!
Presented By: Cornerstone Coastal Properties
Interior Features for 3603 SE 9th Place
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories1
General for 3603 SE 9th Place
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityCape Coral
CountyLee
Current UseMultiFamily
Garage Y/NNo
HOANo
HOA Fee$0.0
HOA Fee 20.0
HOA Fee 30.0
Home Warranty Y/NNo
Land Lease Amount0.0
Land Lease Y/NNo
Lease Amount FrequencyMonthly
Lease Considered Y/NNo
Lease Renewal Y/NNo
Leasehold Rent $/Mo9675.0
Legal DescriptionCAPE CORAL UNIT 14 BLK 487 PB 13 PG 68 LOTS 1 THRU 4
Lot Size UnitsAcres
MLS AreaCC12 - Cape Coral Unit 7-15
MobileHomeRemainsYNNo
ModificationTimestamp2025-07-28T19:16:09.537-00:00
New ConstructionNo
PostalCityCape Coral
Property Attached Y/NNo
Property ConditionResale
Property SubtypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActive
StatusActive
Tax Annual Amount13092.87
Tax Year2024
UtilitiesElectricityAvailable, TrashCollection, WaterAvailable
Virtual TourClick here
Waterfront FeaturesNone
Year Built1985
Zoning DescriptionR3-D
Exterior for 3603 SE 9th Place
Canal WidthNone
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
HorsesN
Irrigation Water Rights Y/NNo
Irrigation/Water RightsN
Lot Size Acres0.485
Lot Size Area0.485
Lot Size SourceAppraiser
SpaNo
Waterfront Y/NNo
Additional Details
Price History

Juan Manuel Marin Hernandez
Realtor