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508/510 SE 5th Place Cape Coral, FL $ 475,000
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$ 475,000 Get more info
508/510 SE 5th Place
$ 475,000
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508/510 SE 5th Place

Cape Coral, FL, 33990
$ 475,000
Bedrooms6 Baths4.0 Sq 2,416

Monthly Estimate*

$ 2,925

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Multi-Family Home for sale in Cape Coral, FL

for $475,000 with 6 bedrooms and 4 full baths. This 2,416 square foot home was built in 2016 on a lot size of 0.23.

Live in one unit and let the other help pay your mortgage! This income-producing duplex offers an excellent opportunity for both owner-occupants and investors in a prime location near Cultural Park. Each unit features 3 bedrooms, 2 full baths, and 1,208 square feet of living space, along with an attached 1-car garage (total of 6 bedrooms, 4 baths). Interior highlights include tile flooring throughout, vaulted ceilings, and granite countertops for modern appeal and low-maintenance living. Each unit is separately metered for electric and water, allowing tenants to pay their own utilities and maximizing owner efficiency. Property is connected to city water and sewer with all assessments paid in full. Conveniently located off Cultural Park Boulevard near Pine Island Road, offering easy access to Fort Myers without paying a toll. Just minutes from shopping, dining, and entertainment, this property is ideal for building equity while generating rental income in a high-demand area.

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Multi-Family Active

Price

$ 475,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 9,627

Style

Duplex

Lot Size

0.23

Year Built

2016

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

2026009940
Features
General
Sewer Assessment Paid Public Sewer
Heating Central Electric
Cooling Central Air Ceiling Fan(s) Electric
Utilities Cable Available
Possession Close Of Escrow
Roof Shingle
HOA Fee 0
Architectural Style Duplex
Construction Materials Block Concrete Stucco
Pets Allowed Yes
Year Built 2016
Tenant Pays Cable TV Electricity
Property Subtype Duplex
Tax Year 2025
Waterfront Features None
Community Features Non-Gated
HOA Fee 2 0
County Lee
Net Operating Income 11002.11
Operating Expense 12997.89
Property Type Residential Income
Association Amenities None
Subdivision Name CAPE CORAL
Full Baths 4
Status Active
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 9627.89
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026009940
Structure Type Duplex
Standard Status Active
Tax Lot 96
Property Sub Type Additional Duplex
Legal Description CAPE CORAL UNIT 23 BLK 1137 PB 14 PG 44 LOTS 96 + 97
HOA Fee 3 0
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Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Window Features Single Hung
Half Baths 0
Total Bedrooms 6
Total Baths 4
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Exterior
Exterior Amenities Room For Pool
Lot Features Rectangular Lot
Water Source Assessment Paid Public
Lot Size Area 0.23
Spa false
Building Area Total 2416
Lot Dimensions 80 x 125 x 80 x 125
Lot Size Acres 0.23
Private Pool false
Lot Size Source Appraiser
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
James Sommers

Listing Agent

Re/Max Trend

Broker

kwcape@gmail.com

Email

Affordability Calculator

$3,727
Per Month
78%
22%
0%
Monthly Principal & Interest
$2,925
Monthly Property Taxes
$802
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
2/27/2026$475,000 Listed Price

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508/510 SE 5th Place, Cape Coral, FL, 33990 is a Multi-Family Home for sale at $475,000 with 2,416 sqft and a lot size of 0.23. 508/510 SE 5th Place has 6 bedrooms, 4.0 baths, and was built in 2016. The property's zip code is 33990 which is in Cape Coral, FL

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