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$489,900 Just Listed
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Property Description
No Flood Insurance required! Income-producing duplex with two 3BR/2BA units, each offering 1,200 sqft and a 2-car garage. City water & sewer assessments paid. Centrally located near Cultural Park and Cape Coral Hospital. Perfect for investors or owner-occupants. (Unit 516 has Laminate/Tile flooring and Unit 518 has Ceramic Tile).
Full Property Details
Full Property Details for 516-518 SE 5th Pl
General
- Price: $489,900
- Taxes: (2025)
- Status: Active
- Type: Duplex
- Source: Bonita_Springs
- MLS ID: 226027594
- Updated: 7/28/2026
- Added to Site: 3 day(s) ago
Interior
- Flooring: Laminate, See Remarks, Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Additional Information
- Shared Amenities: None, Non-Gated
Location
- Area: CC14 - Cape Coral Unit 16, 18, 22-
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
- Driving Directions: From I-75 take Bayshore exot to Pine Island Rd. Turn left on Cultual Park. Turn right on SE 5th St, then left on SE 5th Place
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
- Water: Assessment Paid
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- # Buildings: 1
- Description/Design: Duplex
- Structure Type: Duplex
- Exterior Const.: Concrete Block, Stucco
- Roof: Shingle
- Windows: Sliding
- Year Built: 2005
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
- Tax Year: 2025
- Terms: Buyer Finance/Cash, FHA, VA Loan
- Tenant Pays: Other/See Remarks
Disclosures and Reports
- Legal Description: CAPE CORAL UNIT 23 BLK 1137 PB 14 PG 44 LOTS 100 + 101
- Property ID: 13-44-23-C3-01137.1000
- Section: 13
- Block: 1137
- Lot Number: 100
Listed by Community Realty Associates
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Price & Sales History for 516-518 SE 5th Pl
Date
Details
Price
Change
Source
7/28/2026
Listed
$489,900
206.19%
MLS
7/15/2021
Sold
$160,000
—
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 516-518 SE 5th Pl
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,052
-37%
$129,436
-49%
2024
$4,866
-7%
$255,230
-19%
2023
$5,250
44%
$313,544
76%
2021
$3,651
-18%
$177,654
-26%
2022
$4,442
22%
$238,983
49%
2021
$3,651
8%
$160,688
2%
2019
$3,392
3%
$158,267
6%
2018
$3,283
6%
$149,378
8%
2017
$3,095
5%
$138,082
—
2016
$2,950
10%
$137,398
21%
2015
$2,671
-6%
$113,914
-27%
2014
$2,855
29%
$155,410
48%
2013
$2,209
—
$104,910
—
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 516-518 SE 5th Pl
516-518 SE 5th Pl, Cape Coral, FL 33990 (MLS# 226027594) is a Duplex property with 6 bedrooms and 4 full bathrooms. 516-518 SE 5th Pl is currently listed for $489,900 and was received on July 28, 2026. Want to learn more about 516-518 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.

