$520,000
528 5th Place
Cape Coral, FL 33990
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history90 days on market
- Status: ActiveFeb 26, 2026
- Listed$625,000Feb 26, 2026
- Price reduced$520,000
Virtual Tour
Facts & features
- Property type
- Residential Income
- Sub type
- Duplex
- Status
- Active
- Days on market
- 90
- Subdivision
- Cape Coral
- County
- Lee
- Year built
- 2020
- Living area
- 2,418 sq ft
- Price/sq ft
- $215
- Lot size
- 14,854 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- x
- Garage
- 2 spaces
- Annual taxes
- $8,367 (2025)
- Parcel #
- 13-44-23-C3-01142.0710
- Zoning
- RML
- MLS #
- C7522462
Interior Details
- Bedrooms
- 6
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Interior features
- High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor
- Laundry
- Inside
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Assumable, Cash, Conventional, FHA, VA Loan
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- Storage
- Construction materials
- Stucco
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Listing Details
- Listing date
- 2026-02-24
- On market date
- 2026-02-26
- Original list price
- $625,000
- MLS area
- 33990 - Cape Coral
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-02-26
- Tax legal description
- CAPE CORAL UNIT 23 BLK 1142 PB 14 PG 44 LOTS 71 THRU 73
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From Cultural Park Blvd, turn onto SE 4th St, then left on SE 5th Ave. The house is just a couple houses down on the right.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of May 27, 2026 at 8:14 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA