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Active Residential

528 SE 5TH PLACE

Cape Coral, FL 33990

STELLAR #C7522462 Updated: May 27, 2026, 10:08pm
$520,000
6 Beds • 4 Baths • 2,418 SqFt
Property
ActiveResidential
1/41
$520,000

528 SE 5TH PLACE

Cape Coral, FL 33990
6
Beds
4
Baths
2,418
SqFt
0.34
Acres
STELLAR
#C7522462
Updated: May 27, 2026, 10:08pm

Property 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 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.
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Included Appliances
DishwasherDisposalDryerMicrowaveRangeRefrigeratorWasher

Property Details

Interior
Appliances
DishwasherDisposalDryerMicrowaveRangeRefrigeratorWasher
Cooling
Central Air
Heating
Central
Interior Features
High CeilingsLiving Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main Floor
Laundry Features
Inside
Living Area
2418
Construction
Building Area Units
Square Feet
Construction Materials
Stucco
Foundation Details
Slab
Living Area Source
Public Records
Living Area Units
Square Feet
Number Of Units Total
2
Roof
Shingle
Year Built
2020
Site & Exterior
Covered Spaces
2
Exterior Features
Storage
Flood Zone Code
x
Garage Spaces
2
I D X Participation
Yes
Lot Size Acres
0.34
Lot Size Area
14854
Lot Size Dimensions
120 x 125
Lot Size Square Feet
14854
Lot Size Units
Square Feet
Public Survey Range
23E
Public Survey Section
13
Road Surface Type
Asphalt
Sewer
Public Sewer
Total Acreage
1/4 to less than 1/2
Utilities
Cable AvailableElectricity ConnectedPhone AvailableSewer ConnectedWater Connected
Water Source
Public
Zoning
RML
Financials
Calculated List Price By Calculated Sq Ft
215.05
Contract Status Change Date
2026-02-26
Current Price
520000
Feed Types
BBO
Owner Name
CHERIE JOANNE HANNAN LEDONNE
Ownership
Fee Simple
Parcel Number
134423C301142.0710
Public Survey Township
44
Tax Annual Amount
8367.05
Tax Block
1142
Tax Book Number
14-44
Tax Legal Description
CAPE CORAL UNIT 23 BLK 1142 PB 14 PG 44 LOTS 71 THRU 73
Tax Lot
71
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
33990 - Cape Coral
Subdivision Name
CAPE CORAL
Listing provided courtesy of STELLAR via IDX. Updated: May 27, 2026, 10:08pm.
Noah Stone

Listing Agent

EPIQUE REALTY, INC.

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