Camelot Trace Apartments, located at 4920 – 5004 Chiquita Boulevard South, a well-maintained 24-unit multifamily property located in the highly desirable southwestern Cape Coral neighborhood. This exceptional investment opportunity comprises two solid concrete block two-story buildings, each with 12 spacious units. All apartments feature two bedrooms and two bathrooms, separate water and electric meters, and central A/C. The property boasts durable new metal roofs installed in 2017 and offers on-site parking for tenant convenience. Residents of 4920 Chiquita Boulevard South enjoy in-unit laundry rooms with hookups for full-size washers and dryers, while units at 5004 Chiquita Boulevard South come fully equipped with washers and dryers. Camelot Trace stands as a stable and promising investment that is occupied by long-term tenants.
Camelot Trace is strategically located just a block away from Camelot Isles Shopping Center, which hosts national brands such as Publix, McDonald’s, Burger King, and Chase Bank, along with local services, including a law office, nail salon, and dental practice. Two Leetran public transit routes, one block from the property, provide easy access for commuters traveling throughout Cape Coral and nearby Fort Myers. The surrounding amenity-rich area features marinas, waterfront restaurants, tropical wetlands, and navigable waterways that lead directly to the Gulf of Mexico, offering endless recreational opportunities.
Cape Coral was recognized as the #4 Best Place to Live in Florida by Forbes in 2024. Camelot Trace enjoys a densely populated community of 117,275 residents, with an additional daytime employee population of 30,000 within five miles. And, within a 2-miles of the multifamily asset there is a robust median household income of $72,000 and projected 16% population growth over the next four years underscoring the economic vibrancy of the area. Located just a 30-minute drive from Fort Myers and Interstate 75, the Camelot Trace offers seamless connections to major Southern Florida markets, including Tampa, Orlando, and Miami, all within a 2–3-hour drive. Cape Coral’s low cost of living, no state income tax, and an average of 266 sunny days a year contribute to an exceptional quality of life that continues to attract residents and businesses alike.
Camelot Trace Apartments presents a rare opportunity for investors seeking stable returns in a flourishing market. With its prime location, solid construction, full occupancy, and proximity to essential amenities, this property is perfectly positioned for continued success in one of Florida’s most dynamic and rapidly growing cities.