405/407 NE 24TH AVENUE Cape Coral, FL $ 465,000
405/407 NE 24TH AVENUE
$ 465,000
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405/407 NE 24TH AVENUE

Cape Coral, FL, 33909
$ 465,000
Bedrooms5 Baths4.0 Sq 2,414

Monthly Estimate*

$ 2,936

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Multi-Family Home for sale in Cape Coral, FL

for $465,000 with 5 bedrooms and 4 full baths. This 2,414 square foot home was built in 2004 on a lot size of 0.24.

EXCELLENT INVESTMENT OPPORTUNITY IN CAPE CORAL! Welcome to 405/407 24th Ave, a well-maintained Bradford Homes-built duplex offering approximately 1,207 square feet of living space per side, with a private attached one-car garage for each residence. Unit 405 features 2 bedrooms and 2 bathrooms, while Unit 407 has been converted and is currently configured as a 3-bedroom, 2-bath residence, providing additional flexibility and rental appeal. Both residences are currently tenant-occupied, offering an established income-producing opportunity for investors. Major improvements include a NEW SHINGLE ROOF IN 2023 and A/C SYSTEMS INSTALLED IN 2019. Both units are equipped with storm shutters and hurricane-code garage doors, while an irrigation system helps maintain the property's exterior. Each residence features a bright and functional OPEN FLOOR PLAN connecting the living room, dining area, and kitchen. Both units also feature newer tile flooring, providing an attractive, durable, and easy-care finish. A dedicated laundry room is conveniently located just off the kitchen. Sliding glass doors extend the living areas outdoors to private covered patios, providing additional space to relax and enjoy the Florida lifestyle. Unit 407 offers additional improvements, including granite countertops and a rebuilt shower. Conveniently located in Cape Coral with easy access to shopping, dining, schools, major roadways, and everyday conveniences. With two tenant-occupied residences, private garages, covered patios, recent major improvements, and an established rental history, this duplex presents an attractive opportunity to add an income-producing property to an investment portfolio. Existing lease agreements must be honored by the buyer. PLEASE DO NOT DISTURB TENANTS. Showings by appointment only.

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Multi-Family Active

Price

$ 465,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 6,956

Style

Duplex

Lot Size

0.24

Year Built

2004

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

C7529979

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities BB/HS Internet Available Cable Available Cable Connected Electricity Available Electricity Connected Public Sewer Available Sewer Connected Water Available Water Connected
Roof Shingle
Appliances Dishwasher Microwave Range Refrigerator
Zoning RML
Garage Spaces 1
Construction Materials Block Stucco
Pets Allowed Yes
Year Built 2004
Levels One
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
County Lee
New Construction false
Property Type Residential Income
Attached Garage true
Subdivision Name CAPE CORAL
Garage Y/N true
Status Active
Directions FROM US41 SOUTH IN CAPE CORAL TURN RIGHT ONTO PINE ISLAND RD LEFT ONTO DEL PRADO BLVD N LEFT ONTO NE 6TH ST RIGHT ONTO NE 24TH ST. HOME IS ON THE LEFT
City CAPE CORAL
Senior Community Y/N false
MLS Area 33909 - Cape Coral
Lot Size Units Square Feet
Lot Size Square Feet 10324
Carport Y/N false
Listing Terms Cash Conventional FHA VA Loan
Land Lease Y/N false
Tax Annual Amount 6956
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.zillow.com/view-imx/b9358230-e291-45eb-bdb6-ad438dbc18c5?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 3
Legal Description CAPE CORAL UNIT 17 BLK 1550 PB 14 PG 37 LOTS 3 + 4
Minimum Lease No Minimum
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
DockY/N false
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Interior
Interior Amenities Ceiling Fan(s) Eating Space In Kitchen Living Room/Dining Room Combo Open Floorplan Primary Bedroom Main Floor Walk-In Closet(s)
Flooring Tile
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Electric Dryer Hookup Inside Laundry Room Washer Hookup
Total Bedrooms 5
Total Baths 4
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Exterior
Exterior Amenities Hurricane Shutters Irrigation System Lighting Private Mailbox Rain Gutters Sliding Doors
Parking Features Driveway Garage Door Opener Ground Level Off Street
Lot Features Greenbelt
Water Source Public
Lot Size Area 10324
Foundation Details Slab
Number of Buildings 1
Building Area Total 3034
Lot Dimensions 80 x 129
Lot Size Acres 0.24
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
Covered Spaces 1
Road Frontage Type Street Paved
Road Responsibility Public Maintained Road
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* Excluded Features
List By
ryan.finnegan@marinaparkrealty.com

Email

Affordability Calculator

$3,516
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,936
Monthly Property Taxes
$580
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/29/2026$465,000 Listed Price

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405/407 NE 24TH AVENUE, Cape Coral, FL, 33909 is a Multi-Family Home for sale at $465,000 with 2,414 sqft and a lot size of 0.24. 405/407 NE 24TH AVENUE has 5 bedrooms, 4.0 baths, and was built in 2004. The property's zip code is 33909 which is in Cape Coral, FL