Naples Florida Homes for Sale | What is my home worth

937 SE 23rd PL 1-5

$825,000

sqft
Beds
Baths
Garages

General Information

List Price : $825,000
City : CAPE CORAL
Acres : 0.386
MLS Area :
Status Type : Resale Property
Approx. Living Area :
Furnished :
Date Created : 2026-06-18

MLS Number : 2026026678
State Or Province : FL
Subdivision :
County : Lee
Bedrooms :
Approx. Total Area :
Year Built : 1979
Potential Short :
DOM : 4

Address : 937 SE 23rd PL 1-5
Postal Code : 33990
Development : Array
Property Type : Commercial Sale
Bath Full :
Price per Sq Ft : $49
Property Id : 20-44-24-C2-01399.0030
Status : Active
CDOM : 46

Description

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)

Provided by LSI Companies Inc.

Detailed Property Information

Ownership :
Waterfront Y/N :
Boat Access :
Cooling :
Kitchen :
Amenities :
Restrictions :

Building Design :
View :
Waterfront Desc : None
Elementary School :
High School :
Floor Plan Type :
Private Pool Y/N :
Bedroom Desc :
Equipment :
Additional Rooms :
Storm Protection :

Building Features :
Community Type :
Gulf Access Y/N :
Gulf Access Type :
Middle School :
Pets :
Heating :
Windows :
Flooring :
Private Spa Y/N :
Dining Desc :
Exterior Features :

Unit / Building Information

Unit Floor :
Unit Number : 1-5
Construction :

Total Floors : 1
Units in Building :
Elevator :
Building Desc :

Units in Complex :
Roof :

Lot Information

Rear Exposure :
Range :
Sewer :
Lot Unit :

Section :
Irrigation :
Block :

Township :
Water :
Lot Desc :

Financial Information

Condo Fee :
Approval :

Tax Year : 2025
Condo Fee Freq :
Management :
Possession : Array

Tax Desc : CAPE CORAL UNIT 18 BLK 1399 PB 13 PG 108 LOTS 3 4 + 5 + VAC INST# 2008000115643
Maintenance :

Additional Details

Amenities :
County Or Parish : Lee
Foreclosed REOYN :
Gulf Access YN :
Irrigation :
Legal Unit :
Lot Type :
Management :
Master HOA Fee Freq :
Original List Price : 875000
Parcel Number : 20-44-24-C2-01399.0030
Planned Use :
Postal Code Plus :
Property Type : Commercial Sale
Restrictions :
Section :
Source of Measurements :
State Or Province : FL
Street Dir Prefix : SE
Street Number : 937
Sub Condo Name :
Unit Number : 1-5
View :
Waterfront YN :

CDOM : 46
Close Date :
Community Type :
Date Created : 2026-06-18
Full Address : 937 SE 23rd PL 1-5
Last Change Timestamp : 2026-07-31T15:05:02.700Z
List Price : $825,000
Lot Unit :
Mandatory Club Fee Freq :
MLS Area Major : CC14 - Cape Coral Unit 16,18,22-
Photo Count : 1
Possession : Array
Potential Short Sale YN :
Range :
Road :
Sewer :
Status : Active
Street Dir Suffix :
Subdivision Info :
Table : Commercial
Township :
Water :
Zoning Code: RML

Association Mngmt Phone : (239) 489-4066
Boat Access :
Canal Width : $
City : CAPE CORAL
Condo Fee :
Condo Fee Freq :
Current Price : $825,000
DOM : 4
Elevation :
Gulf Access Type :
Master HOA Fee Freq :
Land Lease Fee Freq :
Last Change Type : Price Change
Legal Desc :
Maintenance :
Mandatory HOA Y/N :
Matrix Modified DT : 2026-08-03T16:02:55.947Z
MLS Number : 2026026678
Other PI Ds :
Photo Modification Timestamp : 2026-08-03T16:02:55.661Z
Postal Code : 33990
Price Per Acre : 2,137,306
Rear Exposure :
Room Count : 0
Source of Measure Lot Dimensions :
Status Type : Resale Property
Street Name : 23rd
Street Suffix : PL
Tax Desc : CAPE CORAL UNIT 18 BLK 1399 PB 13 PG 108 LOTS 3 4 + 5 + VAC INST# 2008000115643
Tax Year : 2025
Trees :
Utilities Available : Electricity Connected, Other, Sewer Connected, Water Connected
Waterfront Desc :