503/505 NE 24th Place Cape Coral, FL $ 399,800
503/505 NE 24th Place
$ 399,800
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503/505 NE 24th Place

Cape Coral, FL, 33909
$ 399,800
Bedrooms5 Baths4.0 Sq 2,380

Monthly Estimate*

$ 2,494

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Multi-Family Home for sale in Cape Coral, FL

for $399,800 with 5 bedrooms and 4 full baths. This 2,380 square foot home was built in 1981 on a lot size of 0.248.

A versatile multi-family opportunity in a prime Cape Coral location, this well-maintained duplex offers strong potential for both rental income and personal use. Each side features a spacious and functional split-bedroom layout, designed to provide privacy and comfort for residents. Unit 503 offers 3 bedrooms and 2 bathrooms and is currently available, making it ideal for an owner-occupant or immediate tenant placement. Unit 505 features 2 bedrooms and 2 bathrooms, both offering comfortable living space and strong rental appeal. Both units include separate living, dining, and family room areas, creating a more dynamic and livable space than typical duplex designs. The family rooms open to large, covered patios and private backyard areas through triple sliding glass doors, offering great indoor-outdoor flow and ideal spaces for entertaining or relaxing. Interior details include tile and laminate flooring throughout. Exterior highlights include a one-car garage for each unit and a paved driveway, providing generous off-street parking and added convenience for residents and guests. Located close to shopping, dining, schools, and commuter routes, this property is ideal for investors seeking steady returns or buyers looking to offset homeownership costs through rental income. A smart and flexible opportunity in the heart of Cape Coral.

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Multi-Family Active

Price

$ 399,800

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,413

Style

Duplex

Lot Size

0.248

Year Built

1981

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

2025005627

Features
General
Sewer AssessmentPaid PublicSewer
Heating Central Electric
Cooling CentralAir Electric
Utilities CableAvailable
Possession CloseOfEscrow
Roof Shingle
HOA Fee 0.0
Architectural Style Duplex
Construction Materials Block Concrete Stucco
Pets Allowed Yes
Year Built 1981
Tenant Pays CableTv Electricity GroundsCare Internet PetDeposit Sewer Water
Property Subtype Duplex
Tax Year 2024
Development Name CAPE CORAL
Waterfront Features None
Community Features NonGated
HOA Fee 2 0.0
County Lee
Net Operating Income 36000.0
Operating Expense 0.0
New Construction N
Property Type ResidentialIncome
Association Amenities None
HOA N
Attached Garage N
Subdivision Name CAPE CORAL
Garage Y/N N
Full Baths 4
Status Active
City Cape Coral
Land Lease Amount 0.0
Senior Community Y/N N
Zoning Description R3-D
Number Of Units Total 2
MLS Area CC31 - Cape Coral Unit 17 31-36
Lot Size Units Acres
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 5413.57
Home Warranty Y/N N
Property Condition Resale
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2025005627
Structure Type Duplex
Standard Status Active
Tax Lot 9
Property Sub Type Additional Duplex
Legal Description CAPE CORAL UNIT 17 BLK 1551 PB 14 PG 37 LOTS 9 + 10
HOA Fee 3 0.0
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Exterior
Exterior Amenities None
Lot Features RectangularLot
Water Source AssessmentPaid Public Assessment Paid Public
Lot Size Area 0.248
Horses N
Spa N
Irrigation/Water Rights N
Building Area Total 2380.0
Lot Dimensions 80 x 135 x 80 x 135
Lot Size Acres 0.248
Road Surface Type Paved
Private Pool N
Lot Size Source Appraiser
Waterfront Y/N N
Covered Spaces 0.0
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Flooring Carpet Vinyl
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features SingleHung
Fireplace Y/N N
Half Baths 0
Total Bedrooms 5
Total Baths 4
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* Excluded Features
List By
Lenka Doyle

Listing Agent

John R. Wood Properties

Broker

lenka@lenkadoyleteam.com

Email

Affordability Calculator

$2,945
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,494
Monthly Property Taxes
$451
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1023546 Elementary School
1023297 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/13/2025$399,800 -4.81% Price Down
9/8/2025$420,000 -5.62% Price Down
8/18/2025$445,000 Listed Price

Map


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503/505 NE 24th Place, Cape Coral, FL, 33909 is a Multi-Family Home for sale at $399,800 with 2,380 sqft and a lot size of 0.248. 503/505 NE 24th Place has 5 bedrooms, 4.0 baths, and was built in 1981. The property's zip code is 33909 which is in Cape Coral, FL