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$399,800 Sale Pending
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Property Description
A versatile multi-family opportunity in a prime Cape Coral location, this well-maintained duplex offers strong potential for both rental income and personal use. Each side features a spacious and functional split-bedroom layout, designed to provide privacy and comfort for residents. Unit 503 offers 3 bedrooms and 2 bathrooms and is currently available, making it ideal for an owner-occupant or immediate tenant placement. Unit 505 features 2 bedrooms and 2 bathrooms, both offering comfortable living space and strong rental appeal. Both units include separate living, dining, and family room areas, creating a more dynamic and livable space than typical duplex designs. The family rooms open to large, covered patios and private backyard areas through triple sliding glass doors, offering great indoor-outdoor flow and ideal spaces for entertaining or relaxing. Interior details include tile and laminate flooring throughout. Exterior highlights include a one-car garage for each unit and a paved driveway, providing generous off-street parking and added convenience for residents and guests. Located close to shopping, dining, schools, and commuter routes, this property is ideal for investors seeking steady returns or buyers looking to offset homeownership costs through rental income. A smart and flexible opportunity in the heart of Cape Coral.
Full Property Details
Full Property Details for 503/505 NE 24th Pl
General
- Price: $399,800
- Taxes: (2024)
- Status: Pending
- Type: Duplex
- Source: Bonita_Springs
- MLS ID: 2025005627
- Updated: 1/13/2026
- Added to Site: 154 day(s) ago
Interior
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Additional Information
- Shared Amenities: None, Non-Gated
Exterior
- Exterior Features: None
Location
- Area: CC31 - Cape Coral Unit 17, 31-36,
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
Community
- Units Assoc/Comm: 2
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Electric
- Heating Type: Central Electric
Utilities
- Sewer: Assessment Paid, Central
- Water: Assessment Paid, Central
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Description/Design: Duplex
- Structure Type: Duplex
- Exterior Const.: Concrete Block, Stucco
- Roof: Shingle
- Windows: Single Hung
- Year Built: 1981
Lot Features
- Lot Size (Acres): 0.248
- Lot Size (Sq. Ft.): 10,802
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 80 x 80 x 135 x 135
- Frontage: Public Road
- Frontage Feet: 80
- Street/Road Desc.: Paved
- Road Maintenance: City Maintained
- Irrigation System: Assessment Paid
- Lot Features: Regular
- Zoning: R3-D
- Lot Description: Regular
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Tax Year: 2024
- Terms: Buyer Finance/Cash, FHA, VA Loan
- Tenant Pays: Cable TV, Electricity, Internet Access, Irrigation Water, Lawn Service, Pet Deposit, Sewer, Water
Disclosures and Reports
- Legal Description: CAPE CORAL UNIT 17 BLK 1551 PB 14 PG 37 LOTS 9 + 10
- Property ID: 09-44-24-C1-01551.0090
- Section: 9
- Block: 1551
- Lot Number: 9
Listed by John R. Wood Properties
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Price & Sales History for 503/505 NE 24th Pl
Date
Details
Price
Change
Source
12/13/2025
Price Reduced
$399,800
-4.81%
MLS
9/08/2025
Price Reduced
$420,000
-5.62%
MLS
8/18/2025
Listed
$445,000
—
MLS
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
Tax History for 503/505 NE 24th Pl
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,722
19%
$359,019
39%
2024
$3,954
8%
$258,442
10%
2023
$3,666
10%
$233,897
-12%
2022
$3,321
-22%
$265,468
39%
2021
$4,263
—
$191,111
10%
2021
$4,263
20%
$173,604
28%
2019
$3,539
5%
$135,265
10%
2018
$3,379
7%
$122,968
-18%
2017
$3,164
10%
$149,379
17%
2016
$2,869
9%
$127,222
14%
2015
$2,636
5%
$111,506
—
2014
$2,521
17%
$111,294
23%
2013
$2,156
—
$90,805
—
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
Estimate the Cost for 503/505 NE 24th Pl
503/505 NE 24th Pl, Cape Coral, FL 33909 (MLS# 2025005627) is a Duplex property with 5 bedrooms and 4 full bathrooms. 503/505 NE 24th Pl is currently listed for $399,800 and was received on August 18, 2025. Want to learn more about 503/505 NE 24th 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.

