Lee Homes with Multi-Family: 5+ Units Building design

Lee Homes with Multi-Family: 5+ Units Building design

Lee County, located in the state of Florida, is a thriving region known for its beautiful landscapes and vibrant communities. Situated in the United States, specifically in the city of Fort Myers Beach, Lee County offers a diverse range of real estate options, including homes with multi-family units.

For those looking to invest in real estate, homes with multi-family units can be an excellent choice. These properties are designed with the purpose of accommodating multiple families or tenants, typically consisting of five or more units within a single building. This design allows for a higher potential rental income and can be an attractive investment opportunity for both seasoned investors and first-time buyers.

The multi-family units in Lee County are designed to provide comfortable and functional living spaces for multiple households. With various floor plans and configurations available, buyers can choose from a range of options that suit their needs and preferences. Whether you are looking for a property to generate rental income or to accommodate a large extended family, homes with multi-family units in Lee County offer flexibility and potential for growth.

In addition to the benefits of multi-family living, Lee County also boasts a desirable location. With its warm climate, stunning beaches, and abundant recreational opportunities, the county attracts residents and tourists alike. From water sports and outdoor activities to shopping and dining, there is always something to do in Lee County.

If you are considering investing in real estate or looking for a new place to call home, explore the homes with multi-family units in Lee County. With their attractive design and the county's desirable location, these properties offer a unique opportunity to enjoy the best of both worlds – a comfortable living space and the vibrant lifestyle that Lee County has to offer.

Newest Lee Homes with Multi-Family: 5+ Units Building design

2026032935 MLS ⋅ Matlacha On Shoreview BLDG.

An amazing opportunity to own a unicorn property with SO much potential and so many different options. Take advantage of this opportunity to build and expand upon current owner upgrades - this resort property is located in Matlacha, a renowned old Florida art and fishing village with easy access to Cape Coral, Pine Island and the multiple surrounding islands and also located directly on the Great Calusa Blueway - a 200 mile guided kayaking and paddling water trail. Matlacha is known for its Olde Florida community, tourism and some of the best fishing and boating right in your back yard, with endless views, a nature lover's paradise. Over 275 feet of water frontage, endless views, 5 boat slips (could be 6), magnificent potential and currently used as a short term vacation rental/hotel. Total Units: 13 units plus one office option(convertible to a 3rd bedroom in Unit 2 of the quad)and mirrors the 3-bedroom layout in Unit 3. Two buildings - Two-story building: 9 units (2× 2BR, 6× 1BR, 1 hotel room currently used as laundry), Single-story building: 1× 3BR, 1× 2BR, 2 studios, Square Footage: 7,400 SF (4,650 SF + 2,750 SF), Land: 1 Acre, direct waterfront, Zoning: multi-family / hotel. This was fully renovated in 2025 and is in spectacular condition - attention to detail in all upgrades and this entire property and each unit is spacious, with upscale decor and furnishings. Investment Highlights / Projected NOI (Year 1): $311,500 (Financial Overview and Proformas available upon request / Pro Forma Cap Rate: 6.9% / Revenue Potential: $550,000+ annually at 70% occupancy / ADR Growth: $180 - $210 projected over 5 years / Expansion Potential: Opportunity to add RV spots or tiny homes in the gravel area along the canal / convert laundry/office space to additional guest accommodations or amenities. Potential additional revenue streams include event hosting, day passes, boutique retail store, kayak rentals, bike rentals, jet ski rentals - additional detailed floor plans, unit information and financials available. All the work has been done and ready for a new owner!

12200/12210 Shoreview Dr, Cape Coral

Exceptional mixed-use investment opportunity in the heart of Sanibel Island’s Town Center Commercial District.Situated on highly traveled Palm Ridge Road, this unique property offers outstanding visibility, a consistent incomehistory, and the rare combination of commercial frontage with scenic lake views and tropical wildlife surroundings.The property consists of three buildings featuring seven remodeled residential apartments and six establishedcommercial units, along with two separate garage/storage rentals providing additional income. Several residentialunits enjoy peaceful lake views, enhancing tenant appeal. The residential component includes seven bedrooms andseven bathrooms, while the 6 commercial spaces are equipped with eight half-bathrooms, allowing for flexibleconfigurations suited to professional, retail, service, or live-work uses. This asset has a proven track record as anincome-producing property and has previously been utilized by the City of Sanibel, underscoring its versatility andlong-term value within the community. Ideally positioned with convenient access to Captiva and all areas of Sanibel,the property is located within one of the island’s most established and desirable commercial corridors. Occupancyhas remained consistently strong, with all commercial units currently leased and all but one residential unit occupied.Detailed rent rolls and financials are available to qualified buyers. For investors seeking to be part of the early stagesof Sanibel and Captiva’s resurgence, this property offers a rare opportunity to acquire a stabilized, income-producingasset while positioning for the next chapter of growth, revitalization, and long-term appreciation in one of SouthwestFlorida’s most iconic island markets.

2430 Palm Ridge Rd Unit 2426, Sanibel

SIX single family HOMES, one is listed for $315,000 fresh water canal & POOL (1302 NE 4th Ter.), TWO are listed @ $245,000 (129 Trafalgar Pkwy & 1815 NW 13th St.), one is sold on a LEASE PURCHASE for $235,000 @$1900(weak sale?) (402 Tropicana Pkwy), two are Leased until August 2026 - 738 NE 7th Ave. @ $1650 & 2304 NE 23rd Pl. @ $2200. The oldest roof is 2012 and 2 roofs are METAL. The asking price is buying these homes @ about 82% of value!!!

2304 Ne 23rd Pl, Cape Coral

Rare opportunity to acquire a 13-unit income-producing condominium portfolio in the established Banyan Tree of Ft Myers community in the heart of East Fort Myers. This is a single package sale of all 13 units offered together in one transaction. Per MLS formatting, the legal description and parcel ID shown reflect one representative unit (Unit 101). The complete schedule of all 13 unit numbers and parcel IDs is provided to qualified buyers along with the rent roll and financials. 11 of the 13 units are currently occupied on annual leases, producing steady in-place income. The portfolio sits within a 30-unit complex with open parking.

824 Alderman St, Fort Myers

This commercial lot is located in the heart of Time Square adjacent to Harbour House at the Inn on Ft Myers Beach. The downtown commercial zoning will allow for a variety of commercial use. Downtown zoning multi-uses include residential, lodging, office restaurant and retail. The seller has provided a mixed-use concept with commercial on the ground level and 6 - 1 bedroom condo/ hotel rooms on the 2nd & 3rd floor. This is one of the lowest priced properties for development within the high traffic area of Downtown Fort Myers Beach!

1025 2nd St, Fort Myers Beach

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)

937 Se 23rd Pl Unit 1-5, Cape Coral

NORTH FORT MYERS | ±13.37 ACRES | AG-2 ZONING | DUAL PARCEL ASSEMBLAGE | OLD BAYSHORE ROAD FRONTAGE Strategically positioned along one of Southwest Florida’s fastest-growing development corridors, this ±13.37-acre offering presents a rare opportunity to acquire two contiguous parcels in the direct path of expansion. Located directly across from the Lee County Civic Center with approximately 207 feet of frontage on Old Bayshore Road, the property offers immediate usability combined with long-term upside for investors, developers, and owner-users. Situated within the rapidly expanding SR-31 / Bayshore growth corridor and benefiting from continued regional investment tied to Babcock Ranch and surrounding North Fort Myers development activity, the site offers exceptional positioning for future appreciation and adaptive use potential. The property is currently improved and operational, creating optionality for immediate occupancy, income generation, or phased redevelopment. Site improvements include: • Two secured commercial-capable access points accommodating semi-trailers, equipment, RVs, and fleet access • Public water service to existing improvements • Dedicated irrigation well • 900-gallon septic system • Existing agricultural infrastructure supporting continued exemption eligibility • Fully fenced perimeter Existing improvements include a ±2,400 SF pole barn (constructed 2013) featuring: • Concrete flooring • 120V/230V electrical service • City water connection • Full bathroom • Tack/storage room • Hay loft • Three oversized 14-foot bay doors The property also includes an elevated custom residence (constructed 2011; ±1,940 SF under air), creating flexibility for executive housing, caretaker accommodations, office conversion potential, or live-work functionality. Approximately ±3 acres are currently utilized as an active tree farm and benefit from existing agricultural tax advantages, providing reduced holding costs while evaluating future development or operational strategies. Additional attributes: • Two adjoining parcels conveyed together • No known easements impacting usability • Survey available • Two onsite water features (natural and man-made) Potential use cases include: • Land banking and long-term hold strategy • Residential redevelopment (subject to approvals) • Commercial redevelopment (subject to approvals) • Agricultural or equestrian operations • Contractor, nursery, or landscaping headquarters • Fleet, RV, and equipment storage • Mixed-use live/work campus Regional access: Minutes to I-75, Downtown Fort Myers, Punta Gorda, and the expanding SR-31 / Babcock Ranch corridor. Opportunity to control a sizable, improved land position within a high-growth North Fort Myers submarket with immediate functionality and future optionality.

17611 Old Bayshore Rd, North Fort Myers

8 PLEX W/POOL * GREAT LOCATION / DOWNTOWN CAPE CORAL * 3 BUILDINGS * (2) BUILDINGS W/ (4) UNITS EACH * ADDITIONAL STORAGE BUILDING & POOL IN COURTYARD * ROOF 2018 * BUILDING PAINTED 2022 * MOST UNITS HAVE BEEN REMODELED * ALL UNITS INCLUDE: WASHER /DRYER * STOVE * REFRIGERATOR * MICROWAVE * DISHWASHER * ALL TILE * WINDOW COVERINGS * INSIDE LAUNDRY ROOM & SCREENED BALCONY (UPSTAIRS) OR LANAI (DOWNSTAIRS) * NO ELEVATOR

1318 Se 40th Ter, Cape Coral

This is a portfolio sale with total of 46 units in Fort Myers. Unit Count: 1-6 Unit Building, 4-4 Unit Building, 2-3 Unit Building, 5-Duplexes, 7-Single Family Homes and 1 Condo. 1. 3213–3219 Broadway, Fort Myers, FL 33901 / 4-Unit 2. 3022 Guava St, Fort Myers, FL 33916 /Single Family 3.1402 Veronica S Shoemaker Blvd, Fort Myers, FL 33916 / Single Family 4. 3652 Clermont St, Fort Myers, FL 33916 /Single Family 5. 1702–1708 Cypress Dr, Fort Myers, FL 33907 / 4-Unit 6. 5450–5460 5th Ave, Fort Myers, FL 33907 / 6-Unit 7. 1769 Elan Ct, Fort Myers, FL 33916 / Single Family 8. 278 Poe Ave, North Fort Myers, FL 33917 /Single Family 9. 241 Byron Ave, North Fort Myers, FL 33917 / Single Family 10. 1785 N. Meador Ct, Fort Myers, FL 33916 / Single Family 11. 3656–3660 Seminole Ave, Fort Myers, FL 33916 /3-Unit 12. 710–714 Karlov St, Fort Myers, FL 33916 /3-Unit 13. 1900 Clifford St Apt 603, Fort Myers, FL 33901 /Condo 14. 4749–4757 Glenwood Ave, Fort Myers, FL 33905 /4-Unit 15. 5551–5553 5th Ave, Fort Myers, FL 33916 /2-Unit 16. 462–464 Carolina Ave, Fort Myers, FL 33905 /4-Unit 17. 75–77 Cypress St, North Fort Myers, FL 33907 /2-Unit 18. 1604–1608 Oak Drive, Fort Myers, FL 33907 /2-Unit 19. 5537–5539 10th Ave, Fort Myers, FL 33907 /2-Unit 20. 5447–5449 10th Ave, Fort Myers, FL 33907 / 2-Unit

5450–5460 5th Ave, Fort Myers

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.

4015 Se 19th Ave Unit 5-9, Cape Coral

Opportunity is knocking with this rarely available versatile property! Able to accommodate a variety of uses, as well as the ability to remodel to include additional income opportunities, this property will not disappoint. Currently home to the Fort Myers Power Squadron, this open concept building could be the home to your new investment, business, multifamily project and more. With 279 units approved for development across the street, there is a tremendous potential for visibility and additional income streams. The property backs up to East Riverside Drive as well as frontage on Royalston Avenue, allowing you to conform the property for additional uses. Additionally, there is also an outbuilding for storage. Please note there are several leases for events that are transferrable to the new buyer or terminated upon sale.

3145 Royalston Ave, Fort Myers

Calling all investors! Not in a Flood Zone! 11-unit package fully occupied less than 2% vacancy Great rental potential and return on investment. Located near commercial park and Cape Coral Hospital and surrounding medical facilities. All unit of the units are a one bedroom one bath condo with a large living room, open kitchen with eat in countertop and large bedroom with walk-in closet and Tile floors throughout. Washer and dryer hook-up. Condo fees include water, sewer, and trash. Hurricane windows, and nicely updated interior, New Roof, Newly Asphalt driveway installed. This opportunity will surely not last in today's market. Owner has 12 Units that are rented in this community and kicking off fantastic annual revenue at a 7% CAP rate.

1031 Se 9th St Unit 2-3,6-9,10,11,13,14,16, Cape Coral

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