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Active Residential

4015 SE 19TH AVENUE 5-9

Cape Coral, FL 33904

STELLAR #A4693375 Updated: May 13, 2026, 9:23am
$950,000
9 Beds • 5 Baths • 4,240 SqFt
Property
ActiveResidential
1/19
$950,000

4015 SE 19TH AVENUE 5-9

Cape Coral, FL 33904
9
Beds
5
Baths
4,240
SqFt
0.36
Acres
STELLAR
#A4693375
Updated: May 13, 2026, 9:23am

Property Description

Excellent opportunity to acquire a well maintained 5 unit multifamily property in a desirable Southeast Cape Coral location. This income producing asset features a strong unit mix of one 1 bedroom unit and four 2 bedroom units, appealing to a wide range of tenants. The property is currently generating solid rental income with several units below market, providing a clear path for increased returns through rent adjustments. Recent interior updates in select units enhance tenant appeal and support higher rental potential. Take advantage of the existing cash flow or explore the potential for short term rental use. Ideally located within walking distance to the newly renovated Jaycee Park, offering added lifestyle appeal for tenants and guests alike. Situated in an established residential area with convenient access to shopping, dining, and major roadways, the property benefits from consistent rental demand and strong occupancy trends. The layout offers functional living spaces, ample parking, and a clean, well cared for appearance that minimizes immediate capital needs. This property is well suited for investors seeking a combination of current income and future upside, with the potential to increase gross income by bringing rents to market levels in a growing Southwest Florida market.
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Property Details

Highlights
View
Yes
Interior
Cooling
Central Air
Heating
Electric
Interior Features
Other
Laundry Features
Laundry Room
Living Area
4240
Construction
Building Area Units
Square Feet
Construction Materials
Stucco
Foundation Details
Slab
Living Area Source
Public Records
Living Area Units
Square Feet
Property Condition
Completed
Roof
MembraneShingle
Year Built
1978
Site & Exterior
Exterior Features
Courtyard
Flood Zone Code
AE
I D X Participation
Yes
Lot Size Acres
0.36
Lot Size Area
15769
Lot Size Square Feet
15769
Lot Size Units
Square Feet
Public Survey Range
24E
Public Survey Section
08
Road Surface Type
Concrete
Sewer
Public Sewer
Total Acreage
1/4 to less than 1/2
Utilities
Cable AvailableCable ConnectedElectricity Connected
View
City
Water Source
Public
Zoning
RML
Financials
Calculated List Price By Calculated Sq Ft
224.06
Contract Status Change Date
2026-05-12
Current Price
950000
Feed Types
BBO
Owner Name
WALTER PALMERINO
Ownership
Fee Simple
Parcel Number
084524C100385.0160
Public Survey Township
45
Tax Annual Amount
8612.45
Tax Block
385
Tax Book Number
12-112
Tax Legal Description
CAPE CORAL UNIT 7 BLK 385 PB 12 PG 112 LOTS 16 THRU 18
Tax Lot
16
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
33904 - Cape Coral
S W Subdiv Community Name
Not Applicable
Subdivision Name
CAPE CORAL
Listing provided courtesy of STELLAR via IDX. Updated: May 13, 2026, 9:23am.
Ralph Nudi

Listing Agent

EPIQUE REALTY, INC.

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