Active

$625,000

Features:
  • 6 Bedrooms
  • 4 Bathrooms
  • 2418 sq ft
Overview
  • ID: MFRC7522462
  • Bedrooms: 6
  • Bathrooms: 4
  • Size: 2418 sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$625,000
HOA Fee:
N/A
Tax Amount:
$8367.05
Price per SqFt:
$258.48
Tax Legal Description:
CAPE CORAL UNIT 23 BLK 1142 PB 14 PG 44 LOTS 71 THRU 73
Exterior Features
Lot Size:
14854
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
6
Bathrooms:
4
Heating:
Central
Cooling:
Central Air
Appliances:
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
2020
Construction Type:
Stucco
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Storage
Additional Features 2:
N/A
Map
  • Address
    528 SE 5TH PL
Contact a Professional
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