2221 NE 15th Lane Cape Coral, FL $ 519,995
2221 NE 15th Lane
$ 519,995
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2221 NE 15th Lane

Cape Coral, FL, 33909
$ 519,995
Bedrooms4 Baths4.0 Sq 2,388

Monthly Estimate*

$ 3,202

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Multi-Family Home for sale in Cape Coral, FL

for $519,995 with 4 bedrooms and 4 full baths. This 2,388 square foot home was built in 2004 on a lot size of 0.241.

Rare duplex opportunity in Cape Coral. Each side of this 2-unit property features 2 bedrooms and 2 bathrooms, approximately 1,250 square feet per unit, totaling 2,500 square feet of living space. Each unit includes its own private well, screened-in lanai with a privacy screen between units, hurricane shutters, a one-car garage, and washer and dryer available on each side. Recent updates include a new roof in 2023, new AC systems in 2023, new gutters and soffits in 2023. Carpet is approximately one year old. Kitchens feature range/oven and stainless steel appliances. Furniture in Unit 2219 is negotiable. Utilities are low. The property sits on two combined lots (Lots 17 and 18), providing additional yard space. No flood insurance is required, as the property is not in a flood zone and has never been flooded. This duplex offers strong income-producing potential and flexibility for owner occupancy or investment. It is located on a paved, city-maintained street in a desirable Cape Coral location.

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Multi-Family Active

Price

$ 519,995

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 SepticTank
Heating Central Electric
Cooling CentralAir Electric
Utilities CableAvailable
Possession CloseOfEscrow
Roof Shingle
HOA Fee 0.0
Patio/Porch Features Patio
Architectural Style Duplex
Construction Materials Block Concrete Stucco
Pets Allowed Yes
Year Built 2004
Tenant Pays SeeRemarks
Property Subtype Duplex
Tax Year 2025
Development Name CAPE CORAL
Waterfront Features None
Community Features NonGated
HOA Fee 2 0.0
County Lee
Net Operating Income 32600.0
Operating Expense 9395.0
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
Disclosures SellerDisclosure
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 6514.69
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://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 0.0
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Exterior
Exterior Amenities Patio
Lot Features OversizedLot
Water Source AssessmentUnpaid Well AssessmentUnpaid Well
Lot Size Area 0.241
Horses N
Spa N
Irrigation/Water Rights N
Building Area Total 2388.0
Lot Dimensions 80 x 132 x 80 x 132
Lot Size Acres 0.241
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 Tile
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Other
Fireplace Y/N N
Half Baths 0
Total Bedrooms 4
Total Baths 4
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* Excluded Features
List By
Emma Coleman

Listing Agent

Palm Paradise Realty Group

Broker

Emma@palmparadisegroup.com

Email

Affordability Calculator

$3,745
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,202
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
1023546 Elementary School
1023297 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/29/2026$519,995 Listed Price

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2221 NE 15th Lane, Cape Coral, FL, 33909 is a Multi-Family Home for sale at $519,995 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