About 937 Se 23rd Pl 1-5
Fully occupied five-plex offering investors a turnkey, low-maintenance income stream in one of Southwest Florida's fastest-growing rental markets. The 4,957 sq. ft. property is comprised of five 2-bedroom/1-bathroom units with an annual gross income of $94,200. Ownership has recently invested significantly in the asset, including a new roof, hurricane-resistant impact windows throughout, fully renovated bathrooms, full exterior paint, parking lot reseal and stripe, and replacement of all A/C units, substantially reducing near-term capital exposure for a new buyer. • Hurricane resistant impact windows (2025) • Renovated bathrooms (2025) • All new A/C units (2024-25) • New roof (2023) • Parking lot reseal & stripe (2023) • Full exterior paint (2023)
Features of 937 Se 23rd Pl 1-5
| MLS® # | 2026026678 |
|---|---|
| Price | $825,000 |
| Sold Price | $755,000 |
| Bathrooms | 0.00 |
| Acres | 0.39 |
| Year Built | 1979 |
| Type | Commercial Sale |
| Status | Closed |
Community Information
| Address | 937 Se 23rd Pl 1-5 |
|---|---|
| Area | CC14 - Cape Coral Unit 16,18,22- |
| City | CAPE CORAL |
| County | Lee |
| State | FL |
| Zip Code | 33990 |
Amenities
| Utilities | Electricity Connected, Other, Sewer Connected, Water Connected |
|---|---|
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Additional Information
| Date Listed | May 8th, 2026 |
|---|---|
| Date Sold | September 8th, 2026 |
| Days on Market | 84 |
| Zoning | RML |
| Foreclosure | No |
| Short Sale | No |
| Annual Recurring Fees | $0 |
Listing Details
| Office | LSI Companies Inc. |
|---|