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528 5th Place
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PRICED AT ONLY: $600,000

Address: 528 5th Place, CAPE CORAL, FL 33990

Description

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 todays 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 rentalproviding 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 lastreach out today to learn projected rental numbers and explore all the possibilities this duplex offers.
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  • MLS#: C7522462 ( Residential Income )
  • Street Address: 528 5th Place
  • Viewed: 13
  • Price: $600,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2020
  • Bldg sqft: 0
  • Bedrooms: 6
  • Total Baths: 4
  • Garage / Parking Spaces: 2
  • Days On Market: 24
  • Additional Information
  • Geolocation: 26.6415 / -81.9636
  • County: LEE
  • City: CAPE CORAL
  • Zipcode: 33990
  • Subdivision: Cape Coral
  • Provided by: EPIQUE REALTY, INC.
  • Contact: Noah Stone
  • 888-893-3537
  • mfrmls
  • DMCA Notice
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Storage
  • Living Area: 2418.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 2.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Country: US
  • Interior Features: High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor
  • Legal Description: CAPE CORAL UNIT 23 BLK 1142 PB 14 PG 44 LOTS 71 THRU 73
  • Area Major: 33990 - Cape Coral
  • Parcel Number: 13-44-23-C3-01142.0710
  • Possession: Close Of Escrow, Negotiable
  • Views: 13
  • Zoning Code: RML
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