501-503 SE 5th PL, Cape Coral, FL 33990
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Suzi Wertz

Suzi Wertz

Engel & Völkers

+1(414) 745-7654
$ 550,000
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501-503 SE 5th PL Cape Coral, FL 33990

6 Beds

4 Baths

2,474 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,474 sqft

Price per Sqft $222

Subdivision Cape Coral

MLS Listing ID 2026021456

Style Resale Property

Bedrooms 6

Full Baths 4

Year Built 2024

Annual Tax Amount $9,563

Tax Year 2025

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Duplex

Source Florida Gulf Coast

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 Non-Gated

Area Cape Coral

Zoning RML

Interior

Heating Central Electric

Flooring Vinyl

Fireplace No

Heat Source Central Electric

Exterior

Amenities Available None

Waterfront Description None

Roof Type Shingle

Garage No

Private Pool No

Building

Lot Description Oversize

Water Central

Architectural Style Ranch, Duplex

Structure Type Concrete Block,Stucco

New Construction No

Others

Pets Allowed Yes

Senior Community No

Tax ID 13-44-23-C3-01138.0200

SouthWest Florida Naples MLS (NABOR)
Listed by Panther Realty LLC • Mari Ruiz Vallejo
Suzi Wertz

Suzi Wertz

Advisor

+1(414) 745-7654

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501-503 SE 5th PL