BEDS6
BATHS
SQUARE FEET2,418
MLS#C7522462
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCAPE CORAL
Property Description
ASSUMABLE MORTGAGE - NO FLOOD INSURANCE REQUIRED - NO HOA - Rare Opportunity with Exceptional Rental Potential! This fully updated duplex offers a 3.375% assumable interest rate, making it an outstanding investment or owner-occupant opportunity in today's market. Both units have been completely renovated with high-end upgrades well beyond builder grade, offering modern finishes, quality materials, and move-in-ready condition throughout. The property sits on a large corner lot in Flood Zone X, meaning NO flood insurance is required, and features a spacious fenced backyard with plenty of room to add a pool, plus a new Amazon shed for additional storage. The current owner occupies one unit and the other unit has been used by family, so no rental income is reflected and the property has not been operated as a traditional rental-providing a blank slate for the next owner to maximize income potential. Unit 526 includes a garage conversion into additional air-conditioned living space, which can easily be converted back to a garage if desired. With its assumable low-interest loan, premium upgrades, flexible layout, and strong rent potential, this is a rare find for investors or buyers looking to offset their mortgage. SELLER IS MOTIVATED! Properties like this do not last-reach out today to learn projected rental numbers and explore all the possibilities this duplex offers.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Garage: 2 car attached
Heating: Central
Lot Size: 0.34 Acres
Roof Type: Shingle
Taxes: $8,367
Year Built: 2020
Amenities
High Ceilings
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Storage
Feature Descriptions
Annual Net Income: 48000.00
Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Days on Site: 5
Directions: GPS
Exterior: Stucco
Flood Zone Code: x
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Assumable, Cash, Conventional, FHA, VA Loan
Lot Dimensions: 0.34
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, ShowingTime
Special Sale Provisions: None
Units: 2
Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RML
Listed By / Shown By
Listed By
Agency Name: EPIQUE REALTY, INC.
Agency Contact: FLBroker@EpiqueRealty.com
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 2,270.52 per month $1,390.98 Principal & Interest $697.25 Property Tax $182.29 Homeowner's InsuranceChange Payment Information
528 SE 5th Place | MLS# C7522462
This multi-family property located at 528 SE 5th Place, Cape Coral, FL 33990 is currently listed for sale with an asking price of $625,000. Search Cape Coral real estate on www.realtymark.net today.