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1242 SE 24th Avenue Cape Coral, FL $ 399,000
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1242 SE 24th Avenue
$ 399,000
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1242 SE 24th Avenue

Cape Coral, FL, 33990
$ 399,000
Bedrooms6 Baths4.0

Monthly Estimate*

$ 2,457

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Multi-Family Home for sale in Cape Coral, FL

for $399,000 with 6 bedrooms and 4 full baths. This home was built in 2004 on a lot size of 0.254.

Turn-key investment duplex in Cape Coral generating $3,600/month ($43,200 annually) with both units fully leased. Each side features 3 bedrooms and 2 bathrooms with separately metered utilities, keeping owner expenses low. Assumable mortgage available at 3% — a rare opportunity to acquire cash-flowing real estate with significantly reduced carry costs in today's rate environment. New roof installed in 2023. Tenants in place. No sign on property — do not disturb tenants. Contact for more information.

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Multi-Family Active

Price

$ 399,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 7,201

Style

Ranch, One Story

Lot Size

0.254

Year Built

2004

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

2026017612
Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Available
Possession Close Of Escrow
Roof Shingle
HOA Fee 0
Architectural Style Ranch One Story
Construction Materials Block Concrete Stucco
Pets Allowed Yes
Year Built 2004
Tenant Pays Electricity Grounds Care Internet Sewer Telephone Water
Stories Count 1
Property Subtype Duplex
Tax Year 2025
Waterfront Features None
Community Features None
HOA Fee 2 0
County Lee
Net Operating Income 43200
Operating Expense 6913
Property Type Residential Income
Association Amenities None
Subdivision Name CAPE CORAL
Full Baths 4
Status Active
City Cape Coral
Disclosures Owner Has Flood Insurance
Land Lease Amount 0
Zoning Description RML
MLS Area CC14 - Cape Coral Unit 16 18 22-
Lot Size Units Acres
Tax Annual Amount 7201.95
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026017612
Structure Type Duplex
Standard Status Active
Tax Lot 39
Property Sub Type Additional Duplex
Legal Description CAPE CORAL UNIT 18 BLK.1402 PB 13 PG 102 LOTS 39 + 40 + VAC INST# 2008000115643
HOA Fee 3 0
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Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Window Features Single Hung
Total Bedrooms 6
Total Baths 4
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Exterior
Exterior Amenities None
Lot Features Rectangular Lot
Water Source Public
Lot Size Area 0.254
Spa false
Building Area Total 0
Lot Dimensions 80 x 140 x 80 x 140
Lot Size Acres 0.254
Private Pool false
Lot Size Source Appraiser
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Omar Mejias

Listing Agent

Marzucco Real Estate

Broker

omarml.realty@gmail.com

Email

Affordability Calculator

$3,057
Per Month
80%
20%
0%
Monthly Principal & Interest
$2,457
Monthly Property Taxes
$600
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/16/2026$399,000 Listed Price

Map

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1242 SE 24th Avenue, Cape Coral, FL, 33990 is a Multi-Family Home for sale at $399,000 with a lot size of 0.254. 1242 SE 24th Avenue has 6 bedrooms, 4.0 baths, and was built in 2004. The property's zip code is 33990 which is in Cape Coral, FL

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