2221 NE 15th Lane Cape Coral, FL $ 439,900
2221 NE 15th Lane
$ 439,900
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2221 NE 15th Lane

Cape Coral, FL, 33909
$ 439,900
Bedrooms4 Baths4.0 Sq 2,388

Monthly Estimate*

$ 2,709

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Multi-Family Home for sale in Cape Coral, FL

for $439,900 with 4 bedrooms and 4 full baths. This 2,388 square foot home was built in 2004 on a lot size of 0.241.

Bring offers!! Income producing Duplex with up to $42,000 annual rental potential. $37,000 in City Assessments PAID!! Each unit offers 2 bedrooms and 2 bathrooms, totaling over 2,380 sqft of living space!! Both sides include spacious screened-in lanais with Privacy Separation, Pocket Door Sliders, Hurricane Shutters, One-car Garages, and In-unit Laundry. Recent updates include a 2023 Roof. New Gutters and Soffits in 2023. 2021 A/C and 2018 A/C!! The property sits on two combined lots, providing extra yard space and added separation from neighbors! Located in FEMA Zone X - No Flood Insurance required!! Ideal for investors and owner occupants - Live on one side and Rent out the other!

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Multi-Family Active

Price

$ 439,900

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 6,514

Style

Duplex

Lot Size

0.241

Year Built

2004

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

2026005059

Features
General
Sewer Septic Tank
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Available
Possession Close Of Escrow
Roof Shingle
HOA Fee 0
Patio/Porch Features Patio
Architectural Style Duplex
Construction Materials Block Concrete Stucco
Pets Allowed Yes
Year Built 2004
Tenant Pays See Remarks
Property Subtype Duplex
Tax Year 2025
Waterfront Features None
Community Features Non-Gated
HOA Fee 2 0
County Lee
Net Operating Income 32600
Operating Expense 9395
Property Type Residential Income
Association Amenities None
Subdivision Name CAPE CORAL
Full Baths 4
Status Active
City Cape Coral
Disclosures Seller Disclosure
Land Lease Amount 0
Zoning Description R3-D
Number Of Units Total 2
MLS Area CC31 - Cape Coral Unit 17 31-36
Lot Size Units Acres
Tax Annual Amount 6514.69
Property Condition Resale
Virtual Tour https://spaces.trueperceptionimages.com/sites/bppzlea/unbranded
Structure Type Duplex
Standard Status Active
Tax Lot 17
Property Sub Type Additional Duplex
Legal Description CAPE CORAL UNIT 47 PT 2 BLK 2220A PB 23 PG 124 LOTS 17 + 18 + VAC ALLEY DESC IN INST# 2008000165570
HOA Fee 3 0
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Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Window Features Other
Half Baths 0
Total Bedrooms 4
Total Baths 4
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Exterior
Exterior Amenities Patio
Lot Features Oversized Lot
Water Source Assessment Unpaid Well
Lot Size Area 0.241
Spa false
Building Area Total 2388
Lot Dimensions 80 x 132 x 80 x 132
Lot Size Acres 0.241
Road Surface Type Paved
Private Pool false
Lot Size Source Appraiser
Waterfront Y/N false
Covered Spaces 0
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Emma Coleman

Listing Agent

Palm Paradise Realty Group

Broker

Emma@palmparadisegroup.com

Email

Affordability Calculator

$3,251
Per Month
83%
17%
0%
Monthly Principal & Interest
$2,709
Monthly Property Taxes
$543
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/9/2026$439,900 -2.24% Price Down
2/20/2026$450,000 Listed Price

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2221 NE 15th Lane, Cape Coral, FL, 33909 is a Multi-Family Home for sale at $439,900 with 2,388 sqft and a lot size of 0.241. 2221 NE 15th Lane has 4 bedrooms, 4.0 baths, and was built in 2004. The property's zip code is 33909 which is in Cape Coral, FL