About 501-503 Se 5th Pl
Welcome to a fully leased, cash-flowing duplex on a desirable corner lot in Cape Coral, now offering a rare 3.75% interest rate buydown for qualified buyers. This turnkey property is generating over $1,000 in monthly cash flow with both sides occupied by quality tenants, delivering immediate returns with zero vacancy concerns. Built in 2024, each side offers 1,237 square feet of living space with 3 bedrooms, 2 full bathrooms, and an attached 1-car garage. The corner lot location provides enhanced curb appeal, extra yard space, and better natural light, making these units highly desirable to current and future tenants. With both sides already leased and generating strong cash flow, this property offers true passive income from day one. As newer construction, you'll benefit from minimal maintenance needs and years of reliable performance ahead. This is your opportunity to acquire a turnkey, cash-flowing investment with quality tenants in place and financing that makes the numbers work beautifully. Perfect for 1031 exchange buyers, portfolio builders, or first-time investors.
Features of 501-503 Se 5th Pl
| MLS® # | 2026021456 |
|---|---|
| Price | $550,000 |
| Sold Price | $550,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 2,474 |
| Acres | 0.28 |
| Year Built | 2024 |
| Type | Income |
| Sub-Type | Duplex |
| Style | Ranch, Duplex |
| Status | Closed |
Community Information
| Address | 501-503 Se 5th Pl |
|---|---|
| Area | CC14 - Cape Coral Unit 16,18,22- |
| Subdivision | CAPE CORAL |
| City | CAPE CORAL |
| County | Lee |
| State | FL |
| Zip Code | 33990 |
| Community Type | Non-Gated |
Amenities
| Amenities | None |
|---|---|
| Is Waterfront | No |
| Pets Allowed | No Approval Needed |
| Waterfront | None |
| Has Pool | No |
| Elevator | None |
Interior
| Heating | Central Electric |
|---|---|
| Cooling | Ceiling Fan(s), Central Electric |
| Fireplace | No |
Exterior
| Exterior | Concrete Block, Stucco |
|---|---|
| Lot Description | Oversize |
| Roof | Shingle |
| Construction | Concrete Block, Stucco |
Additional Information
| Date Listed | May 11th, 2026 |
|---|---|
| Date Sold | June 5th, 2026 |
| Days on Market | 120 |
| Zoning | RML |
| Foreclosure | No |
| Short Sale | No |
| Annual Recurring Fees | $0 |
Listing Details
| Office | Panther Realty LLC |
|---|