528 SE 5TH PL, CAPE CORAL, FL 33990

$520,000

Active · 90 days on market · MLS# MFRC7522462

Bedrooms6
Living area2,418 sq ft
Lot size0.34 acres
Year built2020
Property typeDuplex
Garage spaces2
Private poolYes
WaterfrontYes
Annual taxes$8,367
CountyLee

About this home

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.

Listing courtesy of Noah Stone, EPIQUE REALTY, INC.. Presented by MC Homes Realty Inc · 727432218.

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