# 519 SE 5th Street, Cape Coral, FL 33990

> **TL;DR:** land, $164,500. Est. $880/mo. Listed 358 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $164,500 |
| Lot Size | 14,985 sqft (0.34 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 358 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $832 |
| Estimated Insurance | $48 |
| **Total** | **$880** |

## Property Highlights

- 0.34 acre lot

## Description

### Agent Description
Prime Multifamily Lot - Desirable SE Cape Coral Location Excellent opportunity to build in one of Cape Coral's most convenient and desirable areas! This triple multifamily lot (over 1/3 acre) offers the perfect setting for your next investment or development project. Located just off Cultural Park Blvd, this property is minutes from City Hall, the Police and Fire Department, providing easy access to shopping, dining, and essential services. Quick routes to North Fort Myers and Downtown Fort Myers make this location ideal for commuters and renters alike. Zoned for multifamily use, the lot is suitable for up to 6 apartment units, offering excellent income potential in a growing market.

## Location

- **Address:** 519 SE 5th Street, Cape Coral, FL 33990
- **County:** Lee
- **Neighborhood:** CAPE CORAL
- **Coordinates:** 26.643306, -81.962376
- **Google Maps:** https://www.google.com/maps?q=26.643306,-81.962376

## Listing Agent

- **Name:** Rene Alvarez · **License:** 258009053
- **Brokerage:** Innova Real Estate Corp
- **Broker Phone:** (239) 281-6763
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/519-SE-5th-St_Cape-Coral_FL_33990_M53777-37962?f=listhub&s=FMSWFL&m=2025019618&c=propsimple)

## Photos

![519 SE 5th Street - Photo 1](http://lh.rdcpix.com/496ebb05d253045efa67b389a0bb4be7l-f2250066999r.jpg)

---

**MLS#:** 2025019618 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/519-se-5th-street-cape-coral-fl-33990-33e9d057031f4bbd951298f35dfdd62a)

---

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