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603 & 605 SE 23rd Place Cape Coral, FL $ 525,000
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$ 525,000 Get more info
603 & 605 SE 23rd Place
$ 525,000
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603 & 605 SE 23rd Place

Cape Coral, FL, 33990
$ 525,000
Bedrooms6 Baths4.0 Sq 2,459

Monthly Estimate*

$ 3,275

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Multi-Family Home for sale in Cape Coral, FL

for $525,000 with 6 bedrooms and 4 full baths. This 2,459 square foot home was built in 2023 on a lot size of 0.23.

This modern duplex, built in 2023, is fully occupied and generating excellent rental income. Each unit features tile flooring throughout, sleek stainless steel appliances, and laundry hook-ups inside for added convenience. The property is assessment paid, making it an attractive turnkey investment. With everything in place for immediate income, this is a ready-to-go opportunity. Conveniently located near major amenities, it’s an ideal addition to any investor’s portfolio.

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Multi-Family Active

Price

$ 525,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 7,162

Style

Duplex

Lot Size

0.23

Year Built

2023

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

2025023451
Features
Interior
Interior Amenities AirFiltration HighSpeedInternet
Flooring Tile
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Window Features ImpactGlass
Fireplace Y/N N
Half Baths 0
Total Bedrooms 6
Total Baths 4
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General
Sewer AssessmentPaid
Heating Central Electric
Cooling CeilingFans
Utilities CableAvailable
Possession CloseOfEscrow SubjectToTenantRights
Roof Shingle
HOA Fee 0.0
Architectural Style Duplex
Construction Materials Block Concrete Stucco
Pets Allowed Call Conditional
Year Built 2023
Tenant Pays ApplicationFee CableTv Electricity Internet JanitorialService PestControl PetDeposit 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 38814.0
Operating Expense 10326.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name CAPE CORAL
Garage Y/N N
Full Baths 4
Status Active
Directions Both units are fully Occupied please do not disturb. Please provide 48 hour notice for showing. Buyers and agents please do your due diligence as all information was provided by 3rd parties
City Cape Coral
Land Lease Amount 0.0
Senior Community Y/N N
Zoning Description RML
Number Of Units Total 2
MLS Area CC14 - Cape Coral Unit 16 18 22-
Lot Size Units Acres
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 7162.7
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
Structure Type Duplex
Standard Status Active
Tax Lot 6
Property Sub Type Additional Duplex
Legal Description CAPE CORAL UNIT 18 BLK 1376 PB 13 PG 114 LOTS 6 + 7
HOA Fee 3 0.0
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Exterior
Exterior Amenities None
Lot Features RectangularLot
Water Source AssessmentPaid Assessment Paid
Lot Size Area 0.23
Horses N
Number of Buildings 1
Spa N
Irrigation/Water Rights N
Building Area Total 2459.0
Lot Dimensions 70 x 120 x 120 x 70
Lot Size Acres 0.23
Private Pool N
Lot Size Source Appraiser
Waterfront Y/N N
Covered Spaces 0.0
Other Equipment AirPurifier
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded Features
List By
Maureen Mitchell

Listing Agent

Marshall Reddick Real Estate

Broker

maureen.mitchell@marshallreddick.com

Email

Affordability Calculator

$3,872
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,275
Monthly Property Taxes
$597
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/6/2025$525,000 Listed Price

Map

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603 & 605 SE 23rd Place, Cape Coral, FL, 33990 is a Multi-Family Home for sale at $525,000 with 2,459 sqft and a lot size of 0.23. 603 & 605 SE 23rd Place has 6 bedrooms, 4.0 baths, and was built in 2023. The property's zip code is 33990 which is in Cape Coral, FL

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