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$550,000
New Listing

501-503 SE 5th Place
Cape Coral, FL 33990

For Sale|Duplex|Active
6
Beds
4
Total Baths
4
Full Baths
2,474
SqFt
$222
/SqFt
2024
Built
Subdivision:
CAPE CORAL
County:
Lee
Call Now: (850) 757-3681
Is this the listing for you? We can help make it yours.
(850) 757-3681
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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.

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Listing Snapshot
Price 
$550,000
Days On Site 
0 Days
Bedrooms 
6
Inside Area (SqFt) 
2,474 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.28 Acres
Year Built 
2024
MLS® Number 
2026021456
Status 
Active
Property Tax 
$9,563.04
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 hours agoListing first seen on site
6 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.28
Lease Expiration Date 
2027-05-30
Pets 
Yes
Property Sub Type 
Duplex
Sewer 
Public Sewer
SqFt Total 
2474
Style 
Ranch, One Story
Utilities 
Cable Available
Water Source 
Public
Zoning 
RML
Interior Features
Cooling 
Central AirCeiling Fan(s)Electric
Flooring 
Vinyl
Heating 
CentralElectric
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Exterior Features
Construction Details 
BlockConcreteStucco
Exterior 
None
Roof 
Shingle
Community Features
Association Amenities 
None
Financing Terms Available 
CashFHAVA Loan
MLS Area 
CC14 - Cape Coral Unit 16,18,22-
Listing courtesy of Panther Realty LLC


The data relating to real estate for sale on this website comes in part from the Florida Gulf Coast MLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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