501 Southeast 5th Street, Unit AB

Cape Coral, FL 33990

$549,900
Price
5
Beds
4
Baths
2,510 Sq. Ft.
$219 / Sq. Ft.
2,510
Sq. Ft.
$219
per Sq. Ft.

Description

Discover the perfect blend of comfort, convenience, and style in this stunning duplex located in one of the most central neighborhoods in Cape Coral. This property offers two units: a 2-bedroom, 2-bathroom unit and a 3-bedroom, 2-bathroom unit, making it ideal for both homeowners and investors. Each unit features an open-concept design that seamlessly connects the kitchen, dining, and living areas. Both units boast tile flooring throughout, offering a low-maintenance and contemporary aesthetic. Step...Discover the perfect blend of comfort, convenience, and style in this stunning duplex located in one of the most central neighborhoods in Cape Coral. This property offers two units: a 2-bedroom, 2-bathroom unit and a 3-bedroom, 2-bathroom unit, making it ideal for both homeowners and investors. Each unit features an open-concept design that seamlessly connects the kitchen, dining, and living areas. Both units boast tile flooring throughout, offering a low-maintenance and contemporary aesthetic. Step outside to your private oasis. The property includes a beautiful swimming pool, perfect for cooling off during hot summer days. The pool is enclosed within a pool cage. This duplex is situated in a prime location with close proximity to some of the area's best amenities. Cultural Park, Pine Island Road, Santa Barbara Blvd, Veterans Pkwy, and Hancock Bridge are all just a short drive away. Whether you're looking for cultural activities, dining, shopping, or quick access to major roads, this location has it all. The property includes ample parking space and well-maintained landscaping, adding to its curb appeal. Each unit has its own laundry facilities, ensuring convenience for all residents. With two units, this property offers excellent rental income potential. Live in one unit and rent out the other, or rent both units for maximum revenue features make it an attractive option for. Don't miss the chance to make this beautiful property your own! No flood zone!
  1. Listed by Cindi Hoang • Sellstate Achievers Realty

Property Details for 501 Southeast 5th Street, Unit AB

Development
CAPE CORAL
Building Design
Duplex
Community Type
Non-Gated
Waterfront
No
Waterfront Desc
None
Waterfront Desc
None
View
None/Other

Location

Listing Courtesy of Sellstate Achievers Realty, Cindi Hoang
Add your commute
LISTING UPDATED: 05/30/2024 01:18 PM

Property Details for 501 Southeast 5th Street, Unit AB

StatusActive
MLS #224043910
Days on Market15
Taxes$7,816 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1979
Lot Size0.30 AC / 13,111 SF
CountyLee County

Location

Listing Courtesy of Sellstate Achievers Realty, Cindi Hoang
Add your commute

Building Information for 501 Southeast 5th Street, Unit AB

Stories-Residences2Year Built1979Building Size-Lot Size0.30 AC / 13,111 SF

Payment Calculator

$3,652 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,001

Property Taxes

$651

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 501 Southeast 5th Street, Unit AB

Summary
Location and General Information
  • City: CAPE CORAL
  • Directions: South of Pine Island Rd. & right off Cultural Park Blvd.
  • Human Modified: Yes
  • Latitude: 26.64
  • Longitude: -81.96
  • MLS Area Major: CC14 - Cape Coral Unit 16,18,22-
  • Pets: Limits, With Approval
  • Postal Code: 33990
  • Road Responsibility: Public Maintained Road
  • Street Direction Prefix: SE
  • Street Name: 5th
  • Street Number: 501
  • Street Suffix: ST
  • Block: 1137
  • Unit Number: A-B
  • Full Address: 501 SE 5th ST A-B
Parking
  • Covered Spaces: .00
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $.00
  • HOA Fee: $.00
  • Tax Annual Amount: $7,815.70
  • Tax Year: 2023
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Development Name: CAPE CORAL
  • Parcel Number: 13-44-23-C3-01137.0920
  • Property Type: Residential Income
  • Section: 13
  • Lot Unit: 92
  • Source of Measure Lot Dimensions: Appraiser
  • Lot Desc: Oversized Lot
  • Acres: 0.301
  • Lot Size Area: 0.301
  • Lot Size Dimensions: 55 x 125 x 148 x 125
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: CAPE CORAL UNIT 23 BLK 1137 PB 14 PG 44 LOTS 92 + 93
Property and Assessments
  • Total Area: 2510.0
  • Possession: Close Of Escrow
  • Property Condition: Resale
  • Property Sub Type: Duplex
  • Township: 44
  • Range: 23E
  • Special Assessment: 0.00
  • Sub Condo Name: CAPE CORAL
  • Year Built Numeric: 1979
  • Property Sub Type Additional: Duplex
  • Zoning Code: R3-D
Lease Information
  • Land Lease Fee: $.00
  • Lease Amount Per Area Unit: Dollars Per Square Foot
  • One Time Land Lease Fee: $.00
  • One Time Mandatory Club Fee: $.00
  • One Time Othe Fee: $.00
  • One Time Special Assessment Fee: $.00
Utilities
  • Sewer: Assessment Paid
  • Utilities: Cable Available
  • Water Source: Assessment Paid
  • Water: Assessment Paid
Multi Family
Multi-Family Information
  • Gross Rental Income: $4,250.00
  • Golf Type: No Golf Available
  • Annual Net Operating Income: $45,000.00
  • Annual Food And Beverage Minimum: 0.00
  • Number Of Units Total: 1
  • Annual Expenses: $51,000.00
  • Other Fee: $.00
  • Units in Building: 2
Unit 1 Information
  • Monthly Gross Income: $4,275.00
  • Unit Type Baths Total: 4
  • Unit Type Beds Total: 4
  • Unit Type Description: Florida Room,Laundry in Garage,Open Lanai/Porch,Screened Lanai/Porch,Auto Garage Door,Ceiling Fan(s),Dishwasher,Dryer,Microwave,Range,Refrigerator,Smoke Detector,Washer
  • Furnished: Furnished
  • Garage Type: Yes
  • Unit Type Garage Spaces: 2.00
  • Unit Type Pro Forma: 4275
  • Unit Type Type: Item4BedroomOrMore
  • Unit Type Num Full Baths: 4
  • Unit Type Num Half Baths: 0
  • Living Area: 2510.0
Interior and Exterior Features
Exterior Features
  • Architectural Style: Duplex
  • Association Amenities: Other
  • Canal Width: None
  • Community Features: Non Gated
  • Construction: Poured Concrete, Concrete Block
  • Exterior Features: None
  • Exterior Features: None
  • Irrigation Source: Includedin Assessment
  • Pool Features: In Ground
  • Private Pool: Yes
  • Roof: Shingle
  • Structure Type: Duplex
  • Gulf Access: No
  • Spa: No
Interior Features
  • Baths Full: 4
  • Bathrooms Total Integer: 4.0
  • Beds Total: 5
  • Cooling: Central Air, Ceiling Fans, Electric
  • Cooling: Yes
  • Elevator Text Details: None
  • Flooring: Tile
  • Heating: Central, Electric
  • Heating: Yes
  • Window Features: Double Hung
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 501 Southeast 5th Street, Unit AB

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 501 Southeast 5th Street, Unit AB

This home is within Lee.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - PK to 5
Rating
School
Distance
Cape Elementary School
PublicPK to 5

Gulf Elementary School
PublicPK to 5

Pelican Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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501 Southeast 5th Street, Unit AB is a multi-family home for sale in Cape Coral, FL 33990. This property was listed for sale on May 16, 2024 by Sellstate Achievers Realty, it's currently listed at $549,900. It has been on the market for a total of 15 days and was last sold on May 27, 2022. This listing's school district is Lee. Nearby schools include Cape Elementary School, Gulf Elementary School and Pelican Elementary School. 501 Southeast 5th Street, Unit AB is a 5-bed, 4-bath, 2,510 sqft multi-family home built in 1979.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sellstate Achievers Realty, Cindi Hoang

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