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$475,000 Just Listed
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Property Description
Live in one unit and let the other help pay your mortgage! This income-producing duplex offers an excellent opportunity for both owner-occupants and investors in a prime location near Cultural Park. Each unit features 3 bedrooms, 2 full baths, and 1,208 square feet of living space, along with an attached 1-car garage (total of 6 bedrooms, 4 baths). Interior highlights include tile flooring throughout, vaulted ceilings, and granite countertops for modern appeal and low-maintenance living. Each unit is separately metered for electric and water, allowing tenants to pay their own utilities and maximizing owner efficiency. Property is connected to city water and sewer with all assessments paid in full. Conveniently located off Cultural Park Boulevard near Pine Island Road, offering easy access to Fort Myers without paying a toll. Just minutes from shopping, dining, and entertainment, this property is ideal for building equity while generating rental income in a high-demand area.
Full Property Details
Full Property Details for 508/510 SE 5th Pl
General
- Price: $475,000
- Taxes: (2025)
- Status: Active
- Type: Duplex
- Source: Bonita_Springs
- MLS ID: 2026009940
- Updated: 2/27/2026
- Added to Site: 1 day(s) ago
Interior
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Additional Information
- Shared Amenities: None, Non-Gated
Exterior
- Exterior Features: Room for Pool
Location
- Area: CC14 - Cape Coral Unit 16, 18, 22-
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
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: 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: 2016
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,018
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 80 x 80 x 125 x 125
- Frontage Feet: 80
- Irrigation System: None
- Lot Features: Regular
- Zoning: RML
- Lot Description: Regular
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Operating Expenses: $12,997
- Tax Year: 2025
- Terms: Buyer Finance/Cash, FHA, VA Loan
- Tenant Pays: Cable TV, Electricity
Disclosures and Reports
- Legal Description: CAPE CORAL UNIT 23 BLK 1137 PB 14 PG 44 LOTS 96 + 97
- Property ID: 13-44-23-C3-01137.0960
- Section: 13
- Block: 1137
- Lot Number: 96
Listed by RE/MAX Trend
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Price & Sales History for 508/510 SE 5th Pl
Date
Details
Price
Change
Source
2/27/2026
Listed
$475,000
-13.64%
MLS
10/28/2022
Sold
$550,000
—
Public Record
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 508/510 SE 5th Pl
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,065
-2%
$459,371
-1%
2024
$7,189
—
$464,995
3%
2023
$7,164
123%
$453,646
59%
2022
$3,214
-38%
$284,747
13%
2021
$5,208
—
$251,802
14%
2021
$5,208
10%
$221,777
3%
2019
$4,728
—
$214,966
2%
2018
$4,719
-1%
$211,564
9%
2017
$4,787
267%
$193,799
1111%
2016
$1,303
18%
$16,000
23%
2015
$1,107
8%
$13,000
44%
2014
$1,026
10%
$9,024
88%
2013
$931
—
$4,800
—
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 508/510 SE 5th Pl
508/510 SE 5th Pl, Cape Coral, FL 33990 (MLS# 2026009940) is a Duplex property with 6 bedrooms and 4 full bathrooms. 508/510 SE 5th Pl is currently listed for $475,000 and was received on February 27, 2026. Want to learn more about 508/510 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.

