2221 NE 15th Lane Cape Coral, FL $ 438,000
2221 NE 15th Lane
$ 438,000
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2221 NE 15th Lane

Cape Coral, FL, 33909
$ 438,000
Bedrooms4 Baths4.0 Sq 2,388

Monthly Estimate*

$ 2,697

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Multi-Family Home for sale in Cape Coral, FL

for $438,000 with 4 bedrooms and 4 full baths. This 2,388 square foot home was built in 2004 on a lot size of 0.241.

Income-Producing Duplex Opportunity in Cape Coral – Bring Offers • ALL ASSESSMENTS PAID • 2 units, each offering 2 bedrooms and 2 bathrooms • Over 2,380 sq ft of total living area • Situated on two combined lots providing additional space and privacy • Located in FEMA Zone X – no flood insurance required • 2219 is tenant-occupied with a lease in place through May 2027 Property Features: • Brand-new above-the-range microwave installed in tenant-occupied unit • Screened lanais with privacy separation • Pocket sliding doors • Hurricane shutters • One-car garage per unit • In-unit laundry Recent Updates: • Roof (2023) • Gutters and soffits (2023) • A/C units (2021 and 2018) Ideal for investors or owner-occupants seeking income potential with major updates already completed. Cash or conventional financing preferred. No seller financing available.

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Multi-Family Active

Price

$ 438,000

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

$3,240
Per Month
83%
17%
0%
Monthly Principal & Interest
$2,697
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
4/3/2026$438,000 Listed Price

Map


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2221 NE 15th Lane, Cape Coral, FL, 33909 is a Multi-Family Home for sale at $438,000 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