907 Skyline BlvdCape Coral, FL 33991

Property Details for 907 Skyline Blvd

Year built

2022

Lot size

1.50 AC

Property size (Sq ft)

24,000 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

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.

Location Insight

City

Cape Coral

County

Lee

State

Florida

Latitude

26.6356

Longitude

-81.9916

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