For Sale
$7,200,000

907 Skyline Blvd Cape Coral, FL 33991

Luxury Apartments, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional Class A, multifamily investment opportunity presents a 24-unit apartment building in the thriving Cape Coral, Florida market. Located on a 1.5-acre lot at 907 Skyline Blvd, zip code 33991, this 2022-built property boasts 24,000 square feet of net rentable space, achieving 100% occupancy. The two-story building comprises two structures, each featuring spacious two-bedroom, two-bathroom units averaging nearly 1,000 square feet. Each unit includes in-unit laundry and a private lanai. The property's prime location offers convenient access to schools (Challenger Middle, Patriot Elementary, and Skyline Elementary), restaurants, shopping centers, and other amenities, including proximity to Palmetto Pines Country Club and major retail destinations on Pine Island Road. Offered at $7,200,000 ($300,000 per unit and $300 per square foot), this core investment presents a rare chance to acquire a newly constructed, high-quality asset in one of the nation's fastest-growing cities. The durable concrete construction ensures long-term value and minimal maintenance. This is a turnkey investment with immediate cash flow potential.

Highlights

  • Rare investment opportunity in a high-growth city.
  • Class A, trophy multifamily property.
  • Spacious two-bedroom, two-bathroom units.
  • High-quality construction.
  • Less than two miles from Palmetto Pines Country Club.
  • Convenient to Pine Island Road retail.

Property Details for 907 Skyline Blvd

Property type
Apartment buildings
Square Feet
24,000 SF
Class
A
Year Built
2022
Buildings
2
Stories
2
Lot Size (sq. ft)
65,340 SF
Units
24

Location Insight

City
Cape Coral
County
Lee
State
Florida
Latitude
26.6356084
Longitude
-81.9915649

FAQs

What type of property is this?
Apartment building - Luxury Apartments, High Occupancy
Where is the apartment building located?
The property is located at 907 Skyline Blvd Cape Coral, FL.
What is the asking price?
The asking price for this property is $7,200,000.
What are key features of this property?
This property features: Rare investment opportunity in a high-growth city.; Class A, trophy multifamily property.; Spacious two-bedroom, two-bathroom units.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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907 Skyline Blvd
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