501-503 SE 5th PL, Cape Coral, FL 33990
Joanie McCutcheon, LPT Realty
Joanie McCutcheon, LPT Realty

Realtor | License ID: SL 3403239

+1(904) 325-5222

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$ 550,000

$ 550,000

Est. payment | /mo

6 Beds

4 Baths

2,474 SqFt

$ 550,000

$ 550,000

Est. payment | /mo

6 Beds

4 Baths

2,474 SqFt

Key Details

Sold Price $550,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,474 sqft

Price per Sqft $222

Subdivision Cape Coral

MLS Listing ID 2026021456

Sold Date 06/05/26

Style Ranch,One Story

Bedrooms 6

Full Baths 4

Construction Status Resale

HOA Y/N No

Year Built 2024

Annual Tax Amount $9,563

Tax Year 2025

Lot Size 0.280 Acres

Acres 0.28

Lot Dimensions Appraiser

Property Sub-Type Duplex

Property Description

Welcome to a fully leased, cash-flowing duplex on a desirable corner lot in Cape Coral, now offering a rare 3.75% interest rate buydown for qualified buyers. This turnkey property is generating over $1,000 in monthly cash flow with both sides occupied by quality tenants, delivering immediate returns with zero vacancy concerns.
Built in 2024, each side offers 1,237 square feet of living space with 3 bedrooms, 2 full bathrooms, and an attached 1-car garage. The corner lot location provides enhanced curb appeal, extra yard space, and better natural light, making these units highly desirable to current and future tenants.
With both sides already leased and generating strong cash flow, this property offers true passive income from day one. As newer construction, you'll benefit from minimal maintenance needs and years of reliable performance ahead.
This is your opportunity to acquire a turnkey, cash-flowing investment with quality tenants in place and financing that makes the numbers work beautifully. Perfect for 1031 exchange buyers, portfolio builders, or first-time investors.

Location

State FL

County Lee

Community Cape Coral

Area Cc14 - Cape Coral Unit 16, 18, 22-

Rooms

Bedroom Description NaN

Interior

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Vinyl

Furnishings Unfurnished

Fireplace No

Window Features Impact Glass,Single Hung

Exterior

Exterior Feature None

Community Features Non- Gated

Utilities Available Cable Available

Amenities Available None

Waterfront Description None

Water Access Desc Public

Roof Type Shingle

Garage No

Private Pool No

Building

Lot Description Oversized Lot

Sewer Public Sewer

Water Public

Architectural Style Ranch, One Story

Structure Type Block,Concrete,Stucco

Construction Status Resale

Others

Pets Allowed Yes

Senior Community No

Tax ID 13-44-23-C3-01138.0200

Acceptable Financing All Financing Considered, Cash, FHA, VA Loan

Listing Terms All Financing Considered, Cash, FHA, VA Loan

Financing Conventional

Pets Allowed Yes

Listed by Panther Realty LLC • Mari Ruiz Vallejo
Bought with Panther Realty LLC

Schools and Properties Nearby

Joanie McCutcheon, LPT Realty

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(904) 325-5222

joanie@perfectplaceteam.com

Learn More About LPT Realty

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501-503 SE 5th PL