Price Reduced 13.62%
Price History
$625,000
2/26/2026
$600,000
3/20/2026
$575,000
4/3/2026
$550,000
4/22/2026
$539,900
5/12/2026
528 SE 5TH PLACE, Cape Coral, FL, 33990
6 beds
2020
2,418 sqft
ASSUMABLE MORTGAGE - NO FLOOD INSURANCE REQUIRED - NO HOA - Rare Opportunity with Exceptional Rental Potential! This fully updated duplex offers a 3.375% assumable interest rate, making it an outstanding investment or owner-occupant opportunity in today’s market. Both units have been completely renovated with high-end upgrades well beyond builder grade, offering modern finishes, quality materials, and move-in-ready condition throughout. The property sits on a large corner lot in Flood Zone X, meaning NO flood insurance is required, and features a spacious fenced backyard with plenty of room to add a pool, plus a new Amazon shed for additional storage. The current owner occupies one unit and the other unit has been used by family, so no rental income is reflected and the property has not been operated as a traditional rental—providing a blank slate for the next owner to maximize income potential. Unit 526 includes a garage conversion into additional air-conditioned living space, which can easily be converted back to a garage if desired. With its assumable low-interest loan, premium upgrades, flexible layout, and strong rent potential, this is a rare find for investors or buyers looking to offset their mortgage. SELLER IS MOTIVATED! Properties like this do not last—reach out today to learn projected rental numbers and explore all the possibilities this duplex offers.
Status:
Active
Type:
Multi-family
Laundry Remarks:
Inside
Units:
2
Subdivision:
CAPE CORAL
Garage:
2-car
Heating:
Central
Cooling:
Central Air
Lot Size:
120 x 125
Acreage:
0.34
Est. Taxes:
$8,367
Construction
Stucco
Utilities
Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Days on Market:
75
Appliances:
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
MLS #:
C7522462
Community Info
School Info
Walk Score
Yelp
Listing courtesy of Epique Realty, Inc. 888-893-3537