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

Local realty services provided by:ERA Real Solutions Realty
501-503 SE 5th Place,Cape Coral, FL 33990
$550,000
  • 6 Beds
  • 4 Baths
  • 2,474 sq. ft.
  • Multi-family
  • Active
Listed by: mari ruiz vallejo
Office: panther realty llc.
MLS#:2026021456
Source:FL_GFMB

Price summary

  • Price:$550,000
  • Price per sq. ft.:$222.31

About this home

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...

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Home facts

  • Year built:2024
  • Listing ID #:2026021456
  • Added:1 day(s) ago
  • Updated:May 13, 2026 at 05:37 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Vinyl
  • Living area:2,474 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:2024
  • Building area:2,474 sq. ft.
  • Architectural Style:One Story, Ranch
  • Construction Materials:Block, Concrete, Stucco
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$550,000
  • Price per sq. ft.:$222.31
  • Tax amount:$9,563 (2025)
The source of the information about real property available for sale or rent is the copyrighted and proprietary database of the Florida Gulf Coast Multiple Listing Service, Inc.. Copyright 2026 Florida Gulf Coast Multiple Listing Service, Inc.; all rights reserved. The data is provided by the IDX Program, and the Information is Deemed Reliable But Not Guaranteed.