$1,750,000

Estimated payment $10,619/month

Total Views 43,107
8 Beds
8 Baths
3,184 Sq Ft
$550 Price per Sq Ft

Highlights

  • Marina
  • Boat Dock
  • Canal Access
  • Cape Coral High School Rated A-
  • Home fronts a seawall
  • Fruit Trees

About This Home

We are proud to bring you this stunning 8-unit apartment building - a rare gem that combines modern comfort with a prime waterfront location. Offering an unmatched investment opportunity, this property is perfect for both seasoned investors and those looking to expand their portfolio in a thriving market. Property Features - Prime Waterfront Location: Boasting 161 feet of frontage on a gulf-access canal, this property offers direct access to the Gulf of Mexico. The dock, spanning the entire length of the property, is perfect for boating enthusiasts and provides ample space for multiple boats. - Renovated Units: Six of the eight studio apartments have been completely renovated in the past 24 months, featuring new flooring, updated kitchens and bathrooms, and modern finishes. The remaining three units have been partially updated, offering a mix of classic charm and contemporary amenities. - Flexible Leasing Options: The property offers a unique blend of rental opportunities. Four units are currently leased on an annual basis, providing stable, long-term income. The other four units are listed on Airbnb, generating substantial short-term rental income. Detailed financials are available. - Fully Furnished: All units come fully furnished, providing a turnkey solution for investors. The tasteful decor and high-quality furnishings enhance the living experience for tenants and guests alike. - Expansive Waterfront Deck: The massive deck is a true highlight of the property, furnished to accommodate parties, get-togethers, or quiet relaxation. Whether it's enjoying the sun, hosting a barbecue, or watching the dolphins and sunsets, this space is perfect for creating memorable moments. - Ample Parking and Pet-Friendly Yard: Situated on a 0.44-acre lot, the property offers abundant parking space, eliminating any concerns about crowding. The fenced yard is ideal for residents with pets, providing a safe and enjoyable area for dogs to run and play. - Complete metal reroof completed in 2025, ensuring the building remains in top condition for years to come. - Modern Amenities: Each unit is equipped with new mini-split air conditioners, providing efficient and reliable cooling. The property also includes secured bike parking, a maintenance shed, and a cleaning shed stocked with all necessary supplies. - Additional Revenue Stream: Two brand new sets of coin-operated laundry machines are available on-site, generating extra income and offering convenience to residents. - Future Value-Add Potential: The large waterfront lawn presents a unique opportunity to add a pool, further enhancing the appeal and value of the rental units. This addition could significantly increase the property's rental income and market value.

Listing Agent

Brandon Reitz

Fathom Realty FL LLC License #258024397 Listed on: 06/16/2025

Fathom Realty FL LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,992

Year Built

  • Built in 1977

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 161 x 120 x 161 x 120
  • Home fronts a seawall
  • Oversized Lot
  • Fruit Trees

Home Design

  • Quadruplex
  • Florida Architecture
  • Rolled or Hot Mop Roof
  • Built-Up Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • 3,184 Sq Ft Home
  • 2-Story Property

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Outdoor Features

  • Canal Access
  • Deck
  • Patio
  • Outdoor Fireplace

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 35-45-22-04-00015.0000

Community Details

Overview

  • 8 Units
  • St James City Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Boat Dock
  • Pier or Dock
  • Marina
  • Community Playground

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,992

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.4408
  • Lot Size: 161 x 120 x 161 x 120
  • Road Surface Type: Paved
  • Subdivision Name: ST JAMES CITY
  • Directions: From Pine Island Rd, South on Stringfellow, property will be on the left before Sanibel Blvd
  • Architectural Style: Florida, Two Story
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Quadruplex
  • Year Built: 1977
  • Property Sub Type Additional: Quadruplex
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Private Spa: No
  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Fireplace Features: Outside
  • Flooring: Tile, Vinyl
  • Interior Amenities: High Speed Internet
  • Window Features: Other

Exterior Features

  • Lot Features: Oversized Lot
  • Pool Private: No
  • Waterfront Features: Canal Access, Seawall
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Deck, Fruit Trees, Patio, Room For Pool
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Built-Up, Flat, Metal, Rolled/Hot Mop

Utilities

  • Laundry Features: Common Area
  • Cooling: Other, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Street Lights
  • Amenities: Marina, Laundry, Barbecue, Picnic Area, Pier, Playground, Storage, Sidewalks
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 35-45-22-04-00015.0000
  • Zoning Description: CPD

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 12992.0
  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 For Rent $1,500 -- --
Source: Florida Gulf Coast Multiple Listing Service

About the Listing Agent

Brandon Reitz

Fathom Realty FL LLC

(239) 766-5306

Section Image

I'm an expert real estate agent with Fathom Realty on beautiful Pine Island, FL and the nearby area, providing home-buyers and sellers with professional, responsive, and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.

Brandon's Other Listings

  • 2807 Cussell Dr, Saint James City, FL 33956

    $274,900

    • Land
    • 0.25 Acre
    • $1,099,600 per Acre
    • 2807 Cussell Dr
    • Saint James City, FL

    We are proud to present your slice of paradise on Pine Island with this rare gulf-access waterfront lot located in the peaceful boating community of St. James City. This spacious lot offers 110 feet of direct frontage on the Dawson Canal, providing straight-out, unobstructed access to Matlacha Pass and San Carlos Bay—no bridges—just effortless boating to world-class fishing, scenic island

    Brandon Reitz Fathom Realty FL LLC

    Section Image
  • 3651 Crestwell Ct, Saint James City, FL 33956

    $54,900

    • Land
    • 0.18 Acre
    • $305,000 per Acre
    • 3651 Crestwell Ct
    • Saint James City, FL

    We are proud to bring you a slice of tropical paradise! This 80x100 vacant homesite at 3651 Crestwell Cr, nestled in Saint James City's sought-after St. Jude Harbors, is a true gem awaiting your dream abode. Surrounded by lush preserve land, this waterfront haven on a freshwater canal offers an idyllic blend of tranquility and convenience. Immerse yourself in the vibrant ambiance of Pine Island,

    Brandon Reitz Fathom Realty FL LLC

    Section Image
  • 3820 Coconut Dr, Saint James City, FL 33956

    $399,900

    • 2 Beds
    • 2 Baths
    • 1,210 Sq Ft
    • 3820 Coconut Dr
    • Saint James City, FL

    We are proud to bring you charm and ease of island living in this beautifully renovated 2-bedroom, 2-bath home located in the highly desirable waterfront community of St. James City on Pine Island. Built in 1965, this conventionally built home is built on a slab foundation (not a mobile home), offering long-term durability and peace of mind. With 1,210 square feet of tastefully updated living

    Brandon Reitz Fathom Realty FL LLC

    Section Image
  • 3828 Coconut Dr, Saint James City, FL 33956

    $174,900

    • Land
    • 0.07 Acre
    • $2,498,571 per Acre
    • 3828 Coconut Dr
    • Saint James City, FL

    We are proud to present a rare slice of paradise in St. James City on Pine Island – a 42' x 89' waterfront lot perfectly positioned on a deep, direct Gulf-access canal with no bridges. With 42 feet of seawall and a private covered 8,000 lb boat lift, this property is a dream come true for boaters, anglers, and anyone looking to live the laid-back, tropical lifestyle Pine Island is famous for.

    Brandon Reitz Fathom Realty FL LLC

    Section Image
  • 3616 Gasparilla St, Saint James City, FL 33956

    $27,750

    • Land
    • 0.31 Acre
    • $89,516 per Acre
    • 3616 Gasparilla St
    • Saint James City, FL

    We are proud to bring you the ultimate Florida island lifestyle with this vacant homesite, perfectly suited to build your dream home in the heart of St. James City. Embrace the laid-back, agricultural, and artsy vibe Pine Island is known for, where every day feels like vacation. Stroll just a few minutes to Tropical Point Park to enjoy its intercoastal beach and serene green space, or explore the

    Brandon Reitz Fathom Realty FL LLC

    Section Image
  • 3615 Tangelo Dr, Saint James City, FL 33956

    $27,750

    • Land
    • 0.31 Acre
    • $89,516 per Acre
    • 3615 Tangelo Dr
    • Saint James City, FL

    We are proud to bring you the ultimate Florida island lifestyle with this vacant homesite, perfectly suited to build your dream home in the heart of St. James City. Embrace the laid-back, agricultural, and artsy vibe Pine Island is known for, where every day feels like vacation. Stroll just a few minutes to Tropical Point Park to enjoy its intercoastal beach and serene green space, or explore the

    Brandon Reitz Fathom Realty FL LLC

    Section Image
  • 3710 Tangelo Dr, Saint James City, FL 33956

    $27,750

    • Land
    • 0.31 Acre
    • $89,516 per Acre
    • 3710 Tangelo Dr
    • Saint James City, FL

    We are proud to bring you the ultimate Florida island lifestyle with this vacant homesite, perfectly suited to build your dream home in the heart of St. James City. Embrace the laid-back, agricultural, and artsy vibe Pine Island is known for, where every day feels like vacation. Stroll just a few minutes to Tropical Point Park to enjoy its intercoastal beach and serene green space, or explore the

    Brandon Reitz Fathom Realty FL LLC

    Section Image
  • 3875 Citrus St, Saint James City, FL 33956

    $27,750

    • Land
    • 0.24 Acre
    • $115,625 per Acre
    • 3875 Citrus St
    • Saint James City, FL

    We are proud to bring you the ultimate Florida island lifestyle with this vacant homesite, perfectly suited to build your dream home in the heart of St. James City. Embrace the laid-back, agricultural, and artsy vibe Pine Island is known for, where every day feels like vacation. Stroll just a few minutes to Tropical Point Park to enjoy its intercoastal beach and serene green space, or explore the

    Brandon Reitz Fathom Realty FL LLC

    Section Image
  • 3871 Citrus St, Saint James City, FL 33956

    $27,750

    • Land
    • 0.26 Acre
    • $106,731 per Acre
    • 3871 Citrus St
    • Saint James City, FL

    We are proud to bring you the ultimate Florida island lifestyle with this vacant homesite, perfectly suited to build your dream home in the heart of St. James City. Embrace the laid-back, agricultural, and artsy vibe Pine Island is known for, where every day feels like vacation. Stroll just a few minutes to Tropical Point Park to enjoy its intercoastal beach and serene green space, or explore the

    Brandon Reitz Fathom Realty FL LLC

    Section Image

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225056043

Florida Gulf Coast Multiple Listing Service

APN: 35-45-22-04-00015.0000