Gerald Murphy - Downing-Frye Realty Logo
New Listing
$475,000
 $2,550 est/mo Sourced by Back At You

1705 SE 46th Ln A,CAPE CORAL, FL 33904

CAPE CORAL, FL 33904

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Description

PRIME INVESTMENT / DIRECT GULF-ACCESS MULTI-FAMILY DEVELOPMENT SITE / UP TO 4 UNITS ALLOWED / RML ZONING NO BRIDGES - mins to the Caloosahatchee River and the open waters of the Gulf of Mexico. Excellent value-add or redevelopment. Potential to build up to 4 units and boat slips on this 12,023 SF LOT (over-sized), or Renovate the existing duplex structure. and generate income through Long Term/annual/Short-Term or potential Vacation Rental such as AIRBNB, VRBO. The value is within the flexibility this property offers! Or live on one side and have family on the other side! Property is sold AS-IS, fast response on all offers. Bring your vision and capitalize on this rare multi-family development lot! Close proximity to BEACHES, SHOPPING, within walking distant to entertainment and dining or walk to the Slip Away Food-Truck Park. HURRY and call before someone else does!

Details

MLS #2026041234
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1968
Days On Site1
Listing Provided BySellstate Priority Realty | Cindy Roper

Features

Bed(s)4
Bath(s) 4 Total
SQ Feet2,160
Units2
ZoningRML
Acreage0.28
Water FrontYes

Interior

Rooms Total0
Cooling Yes / NoYes
CoolingCentral Electric
Heating Yes / NoYes
HeatingCentral Electric
Fireplace Yes / NoNo

Exterior

Exterior FeaturesConcrete Dock
RoofShingle
Construction MaterialsConcrete Block, Brick
Foundation DetailsConcrete Block
Lot FeaturesOversize
Patio And Porch FeaturesPatio

Parking

Garage Yes / NoNo
Attached Garage Yes / NoNo

Taxes

Tax Annual Amount2472.73
Tax Block349
Tax Legal DescriptionCAPE CORAL UNIT 7 BLK 349 PB 12 PG 114 LOTS 18 + 19
Tax Year2025

Area Information

StateFL
CountyLee
CityCAPE CORAL
Zip Code33904
AreaCAPE CORAL
Community NameCAPE CORAL
Listing VS Median (in CAPE CORAL)
Price:
$475,000
low | high
Med:
$368,000
72.526315789474% of Average
sqft:
2,160
low | high
Med:
1,698
71.412037037037% of Average
$ / sqft:
$220
low | high
Med:
$221
49.415607222036% of Average
On site:
1
low | high
Med:
53
2% of Average
Sourced by Back At You

Market Activity 33904

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Learn More About This Property

Gerald Murphy

Gerald Murphy

Downing-Frye Realty

 (316) 806-2295gpmiii2021@gmail.com
StateFL
CountyLee
CityCAPE CORAL
Zip Code33904
AreaCAPE CORAL
Community NameCAPE CORAL
Listing VS Median (in CAPE CORAL)
Price:
$475,000
low | high
Med:
$368,000
72.526315789474% of Average
sqft:
2,160
low | high
Med:
1,698
71.412037037037% of Average
$ / sqft:
$220
low | high
Med:
$221
49.415607222036% of Average
On site:
1
low | high
Med:
53
2% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $356K - $593K
sqft: 1,500 - 2,500
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2506 SW Embers TER Property Photo 1
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Listing Updated: October 1, 2026 at 5:06:37 PM PDT

Gerald Murphy - Downing-Frye Realty