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501-503 SE 5th Place
Cape Coral FL 33990 US

$550,000

Active Listing ID 2026021456
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6 bed
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4.00 Bath (4 Full)
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Lot: 0.28 Acres
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Single Family Residence

$550,000

Active Listing ID 2026021456
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501-503 SE 5th Place Welcome to a fully leased, cash-flowing duplex on a desirable corner lot in Cape Coral, now offering a rare 3.75% interest rate buydown for qualified buyers. This turnkey property is generating over $1, 000 in monthly cash flow with both sides occupied by quality tenants, delivering immediate returns with zero vacancy concerns. Built in 2024, each side offers 1, 237 square feet of living space with 3 bedrooms, 2 full bathrooms, and an attached 1-car garage. The corner lot location provides enhanced curb appeal, extra yard space, and better natural light, making these units highly desirable to current and future tenants. With both sides already leased and generating strong cash flow, this property offers true passive income from day one. As newer construction, you'll benefit from minimal maintenance needs and years of reliable performance ahead. This is your opportunity to acquire a turnkey, cash-flowing investment with quality tenants in place and financing that makes the numbers work beautifully. Perfect for 1031 exchange buyers, portfolio builders, or first-time investors.

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Property Features

  • Facts
  • Lot Size: 0.28 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 4
  • Cooling System: Ceiling Fan(s), Electric, Central Air
  • Floor Covering: Vinyl
  • Roof Type: Shingle
  • Heating Fuels: Central, Electric (Heating)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Single Family Residence
  • listprice: 550000
  • unparsedaddress: 501-503 SE 5th Place
  • postalcity: Cape Coral
  • stateorprovince: FL
  • country: US
  • postalcode: 33990
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.28
  • lotsizeunits: Acres
  • lotsizearea: 0.28
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 26.642864
  • longitude: -81.963102
  • listagentfullname: Mari Ruiz Vallejo
  • listagentemail: mariana@gopanther.com
  • listagentkey: 3yd-FMSWFL-P3492088
  • listagentmlsid: P3492088
  • listagentpreferredphone: 2393305071
  • listagentofficephone: 2393305071
  • listofficekey: 3yd-FMSWFL-PO14160
  • listagentstatelicense: 249528262
  • listofficemlsid: PO14160
  • disclaimer: Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: FMSWFL
  • yearbuilt: 2024
  • listingcontractdate: 2026-05-11
  • countyorparish: Lee
  • parcelnumber: 13-44-23-C3-01138.0200
  • cooling: Ceiling Fan(s), Electric, Central Air
  • constructionmaterials: Block, Concrete, Stucco
  • flooring: Vinyl
  • heating: Central, Electric (Heating)
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • architecturalstyle: Ranch
  • rooms: Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 5, Bathroom 1, Bedroom 6, Bedroom 2, Bathroom 4, Bedroom 4, Bedroom 1
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -81.963104, 26.642864
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Panther Management", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"mariana@gopanther.com", "ListBrokerageCity":"Fort Myers", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Panther Management", "ListBrokeragePhone":"239-699-1990", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"9160 Corporate Forum Pkwy, #350", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"9160 Corporate Forum Pkwy, #350 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"PO14160", "ListOfficeCity":"Fort Myers", "ListOfficeCountry":"US", "ListOfficeEmail":"compliance@gopanther.com", "ListOfficePostalCode":"33905", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Ranch - Cape Coral, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/503-SE-5th-Pl_Cape-Coral_FL_33990_M63882-98519?f=listhub&s=FMSWFL&m=2026021456&c=rexren", "MLSModificationTimestamp":"2026-05-13 15:25:50", "Neighborhoods":[{"Description":null, "Name":"CAPE CORAL"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":9563, "TaxDescription":"CAPE CORAL UNIT 23 BLK 1138 PB 14 PG 45 LOTS 20 + 21", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/14/2026 12:48:02 AM GMT
Source Updated Date: 5/14/2026 6:46:22 PM GMT

Courtesy of: Mari Ruiz Vallejo, Panther Management, mariana@gopanther.com

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.