1319-1321 SE 23rd Place Cape Coral, FL $ 479,000
1319-1321 SE 23rd Place
$ 479,000
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1319-1321 SE 23rd Place

Cape Coral, FL, 33990
$ 479,000
Bedrooms6 Baths4.0 Sq 2,418

Monthly Estimate*

$ 3,308

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Multi-Family Home for sale in Cape Coral, FL

for $479,000 with 6 bedrooms and 4 full baths. This 2,418 square foot home was built in 2022 on a lot size of 0.2571.

MODERN 2022-BUILT DUPLEX | INCOME-PRODUCING MULTIFAMILY INVESTMENT! This concrete block duplex in Southeast Cape Coral features two spacious 3-bedroom, 2-bathroom residences, each unit offering approximately 1,209 SF. The 2,418 SF property includes modern open-concept floor plans, upgraded interior finishes, private patios, and attached garages. Situated on a 0.26-acre lot in an established residential neighborhood with convenient access to Del Prado Boulevard, Veterans Parkway, the Midpoint Bridge, shopping, and restaurants. Currently generating $3,800 in combined monthly gross rental income ($45,600 annually). Individually metered utilities, tenant-paid utility expenses, and fully paid utility assessments further enhance the property's investment appeal. An excellent opportunity to acquire a newer, income-producing duplex in Southwest Florida!

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Multi-Family Active

Price

$ 479,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 9,270

Style

Duplex

Lot Size

0.2571

Year Built

2022

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

2026045198

Features
General
Sewer Assessment Paid
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Available
Possession Close Of Escrow
Roof Shingle
HOA Fee 0
Architectural Style Duplex
Construction Materials Block Concrete Stucco
Pets Allowed Call Conditional
Year Built 2022
Tenant Pays Application Fee Cable TV Electricity Internet
Property Subtype Duplex
Tax Year 2025
Waterfront Features None
Community Features Non-Gated
HOA Fee 2 0
County Lee
Net Operating Income 32000
Operating Expense 13600
Property Type Residential Income
Association Amenities Other
Subdivision Name CAPE CORAL
Full Baths 4
Status Active
Directions Cape Coral
City Cape Coral
Land Lease Amount 0
Zoning Description RML
Number Of Units Total 2
MLS Area CC14 - Cape Coral Unit 16 18 22-
Lot Size Units Acres
Tax Annual Amount 9270.66
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026045198
Structure Type Duplex
Standard Status Active
Tax Lot 21
Property Sub Type Additional Duplex
Legal Description CAPE CORAL UNIT 18 BLK.1416 PB 13 PG 102 LOTS 21 + 22 AND VAC INST# 2008000115643
HOA Fee 3 0
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Interior
Flooring Tile Vinyl
Air Conditioning Y/N true
Heating Y/N true
Window Features Sliding
Total Bedrooms 6
Total Baths 4
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Exterior
Gulf Access false
Exterior Amenities Other
Lot Features Rectangular Lot
Water Source Assessment Paid
Lot Size Area 0.2571
Spa false
Building Area Total 2418
Lot Dimensions 80 x 140 x 80 x 140
Lot Size Acres 0.2571
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
Justin Milcetich

Listing Agent

Lsi Companies Inc.

Broker

JMilcetich@LSIcompanies.com

Email

Affordability Calculator

$4,081
Per Month
81%
19%
0%
Monthly Principal & Interest
$3,308
Monthly Property Taxes
$773
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
11/4/2026$479,000 -6.08% Price Down
11/3/2026$510,000 Listed Price

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1319-1321 SE 23rd Place, Cape Coral, FL, 33990 is a Multi-Family Home for sale at $479,000 with 2,418 sqft and a lot size of 0.2571. 1319-1321 SE 23rd Place has 6 bedrooms, 4.0 baths, and was built in 2022. The property's zip code is 33990 which is in Cape Coral, FL