Recently Viewed Properties
See This Home
Save This Listing
Close

$550,000 Sale Pending

  • For Sale
  • Pending
  • Duplex
  • 6 Beds
  • 4 Full Baths
  • Updated 5 days ago
See This Home
Save This Home
See This Home
Save This Home
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.

Full Property Details for 501-503 SE 5th Pl

General

  • Price: $550,000
  • Taxes: (2025)
  • Status: Pending
  • Type: Duplex
  • Source: Bonita_Springs
  • MLS ID: 2026021456
  • Updated: 5/28/2026
  • Added to Site: 20 day(s) ago

Interior

  • Flooring: Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Shared Amenities: None, Non-Gated

Exterior

  • Exterior Features: None

Location

  • Area: CC14 - Cape Coral Unit 16, 18, 22-
  • County: Lee
  • Subdivision: CAPE CORAL
  • Building Name: CAPE CORAL
  • Driving Directions: From Daniels Pkwy, take US-41 N, turn left on Colonial Blvd, cross Midpoint Bridge (toll), continue on Veterans Memorial Pkwy (toll), turn right on Country Club Blvd, left on Nicholas Pkwy E, right on Cultural Park Blvd, left on SE 5th St to 501 SE 5th Pl.

Community

  • Units Assoc/Comm: 2
  • Pets Allowed: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central Electric
  • Heating Type: Central Electric

Utilities

  • Sewer: Central
  • Water: Central
  • Cable Available: Yes
  • Utility Description: Cable Available

Structural Information

  • Description/Design: Duplex
  • Exterior Const.: Concrete Block, Stucco
  • Roof: Shingle
  • Windows: Impact Resistant, Single Hung
  • Stories/Levels: 1
  • Year Built: 2024

Lot Features

  • Lot Size (Acres): 0.28
  • Lot Size (Sq. Ft.): 12,196
  • Lot Size Source: Property Appraiser Office
  • Lot Dimensions: 113 x 105 x 125 x 104
  • Frontage Feet: 113
  • Irrigation System: None
  • Lot Features: Oversize
  • Zoning: RML
  • Lot Description: Oversize

Water Features

  • Water Front Desc.: None
  • Canal Width: None

Financial Considerations

  • Tax Year: 2025
  • Terms: Buyer Finance/Cash, FHA, VA Loan
  • Tenant Pays: Application Fee, Cable TV, Credit Application, Electricity, Internet Access, Lawn Service, Sewer, Water

Disclosures and Reports

  • Legal Description: CAPE CORAL UNIT 23 BLK 1138 PB 14 PG 45 LOTS 20 + 21
  • Property ID: 13-44-23-C3-01138.0200
  • Section: 24
  • Block: 1068
  • Lot Number: 13

Listed by Panther Realty LLC

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 501-503 SE 5th Pl —

  • Panther Realty LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 501-503 SE 5th Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/13/2026
Listed
$550,000
0.46%
MLS
9/10/2024
Sold
$547,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 501-503 SE 5th Pl

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,540
-5%
$379,608
9%
2024
$7,943
2%
$348,748
3%
2023
$7,816
28%
$340,227
47%
2021
$6,103
-7%
$231,337
-26%
2022
$6,579
8%
$314,000
49%
2021
$6,103
16%
$210,772
12%
2019
$5,240
8%
$187,406
10%
2018
$4,857
4%
$170,369
8%
2017
$4,660
5%
$158,280
10%
2016
$4,428
90%
$144,035
13%
2015
$2,327
3%
$127,704
14%
2014
$2,259
7%
$111,757
11%
2013
$2,110
—
$100,505
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 501-503 SE 5th Pl

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Panther Realty LLC

Just Listed near 501-503 SE 5th Pl

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

22690 Mulholland Dr, Fort Myers, FL 33913 - Photo 1 Just Listed
$500,000

22690 Mulholland Dr  Fort Myers, FL 33913

  • Mobile Home
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,709
    Sq. Ft.
Listed by Kyle Johnson (732) 682-1320 and Jennifer Laughlin (424) 285-3802
6817 Eagle St, Fort Myers, FL 33966 - Photo 1 Just Listed
$650,000

6817 Eagle St  Fort Myers, FL 33966

  • Single Family
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,417
    Sq. Ft.
Listed by Steve Bacardi (239) 272-2387 and Mileivis Cancio (239) 465-2126
11003 Mill Creek Way, Fort Myers, FL 33913 - Photo 1 Just Listed
$265,000

11003 Mill Creek Way  #1703  Fort Myers, FL 33913

  • Single Family
  • Active
  • Updated 20 minutes ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,536
    Sq. Ft.
Listed by SW Coastal Dream Team (239) 275-5500
10282 Templeton Ln, Fort Myers, FL 33913 - Photo 1 Just Listed
$474,900

10282 Templeton Ln  Fort Myers, FL 33913

  • Single Family
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,861
    Sq. Ft.
Listed by Norine Walker (941) 875-5729

Price Reduced near 501-503 SE 5th Pl

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

7079 Esquire Ct, Fort Myers, FL 33919 - Photo 1 Price Reduced
-$5,000 (-2.22%)
$220,000

7079 Esquire Ct  Fort Myers, FL 33919

  • Single Family
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,493
    Sq. Ft.
Listed by Victoria Castillo (786) 970-9098 and Alex Roman (954) 806-9117
823 Courtington Ln, Fort Myers, FL 33919 - Photo 1 Price Reduced
-$10,500 (-9.95%)
$95,000

823 Courtington Ln  #1  Fort Myers, FL 33919

  • Duplex
  • Active
  • Updated 21 hours ago
  • 2
    Beds
  • 1
    Total Bath
  • 631
    Sq. Ft.
Listed by Tanja Richards (239) 770-1049
12630 Kenwood Ln, Fort Myers, FL 33907 - Photo 1 Price Reduced
-$5,000 (-2.67%)
$182,000

12630 Kenwood Ln  #B  Fort Myers, FL 33907

  • Single Family
  • Active
  • Updated 6 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,245
    Sq. Ft.
Listed by Shawn Bright (586) 360-6573
15495 Bellamar Cir, Fort Myers, FL 33908 - Photo 1 Price Reduced
-$5,000 (-1.43%)
$344,999

15495 Bellamar Cir  #2222  Fort Myers, FL 33908

  • Townhouse
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,809
    Sq. Ft.
Co-Listed by Nick Westbrook (352) 410-9001

Recent Sales near 501-503 SE 5th Pl

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

2733 SW 25th St, Cape Coral, FL 33914 - Photo 1 Sold
$630,000

2733 SW 25th St  Cape Coral, FL 33914

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 2,182
    Sq. Ft.
1505 SW 49th St, Cape Coral, FL 33914 - Photo 1 Sold
$630,000

1505 SW 49th St  Cape Coral, FL 33914

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 2,018
    Sq. Ft.
11600 Court of Palms, Fort Myers, FL 33908 - Photo 1 Sold
$630,000

11600 Court of Palms  #201  Fort Myers, FL 33908

  • Condo
  • Closed
  • 2
    Beds
  • 3
    Total Baths
  • 2,555
    Sq. Ft.
19928 Estero Verde Dr, Fort Myers, FL 33908 - Photo 1 Sold
$630,000

19928 Estero Verde Dr  Fort Myers, FL 33908

  • Single Family
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 2,156
    Sq. Ft.

501-503 SE 5th Pl, Cape Coral, FL 33990 (MLS# 2026021456) is a Duplex property with 6 bedrooms and 4 full bathrooms. 501-503 SE 5th Pl is currently listed for $550,000 and was received on May 13, 2026. Want to learn more about 501-503 SE 5th Pl? Do you have questions about finding other Duplex real estate for sale in Cape Coral? You can browse all Cape Coral real estate or contact a Coldwell Banker agent to request more information.

Tour this property