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Two-Unit Duplex
For Sale
$479,000

1018-1020 SE 24th Avenue, Cape Coral, FL 33990

ResidentialIncome, Cape Coral, FL

Property SizeContact for details
Lot Size0.26 Acres
Days on Market132

Property Features for 1018-1020 SE 24th Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description RML
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bathroom 3, Bedroom 6, Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 4
Pets allowed Yes
Subdivision CAPE CORAL
Lot features Rectangular Lot
Directions google maps
Standard status Active
APN 20-44-24-C2-01400.0320
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CAPE CORAL UNIT 18 BLK 1400 PB 13 PG 105 LOTS 32 + 33 + VAC INST# 2008000115643
Tax Annual Amount 8267
Legal Description CAPE CORAL UNIT 18 BLK 1400 PB 13 PG 105 LOTS 32 + 33 + VAC INST# 2008000115643

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 2018
Number of units 2
Flooring type Tile
Building materials Block, Concrete, Stucco
Roof type Shingle
Architectural style Other
Listing Agency: First Step Realty Group
Listed By: Benjamin Ruiz · License #258032746
Added: Apr 30 Changed: Sep 6 Last Checked: Sep 8 at 4:06PM
MLS# 2026019486

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 2018, this duplex contains two residential units, with each unit configured as a three-bedroom, two-bathroom home. Interior features include open living areas, contemporary finishes, and tile flooring. Block, concrete, and stucco construction is complemented by a shingle roof, central air conditioning, and electric heating and cooling. The property occupies 0.257 acres and receives public water and sewer service.

Located at 1018-1020 SE 24th Avenue in Cape Coral, the property is within a five-minute drive of schools, Cape Coral Hospital, shopping, and everyday retail services. Restaurants, parks, and outdoor recreation are also nearby, while Fort Myers, Sanibel, and Captiva beaches are within a short drive. Tenants are currently in place, providing an established residential income component.

Key Highlights

  • Two residential units, each with 3 bedrooms and 2 bathrooms
  • Built in 2018 on a 0.257‑acre lot
  • Block, concrete, and stucco construction with shingle roofing

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Hair Salon Restaurant Auto Repair Shop Dental Office Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

143
Businesses Nearby

Demographics for 33990, FL

32,717
Population
15,483
Households
2.1
Avg Household Size
47
Median Age
24%
College-Educated
89%
High-School Grad
9.3 sq mi
ZIP Area
3,518
Density / Sq Mi
$70,278
Median Household Income
$38,588
Median Earnings
$1,643
Median Rent
$330,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence offers three bedrooms, two bathrooms, and open-concept living space.
Where is this duplex located?
The property is located at 1018-1020 SE 24th Avenue Cape Coral, FL.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: Two residential units, each with 3 bedrooms and 2 bathrooms; Built in 2018 on a 0.257‑acre lot; Block, concrete, and stucco construction with shingle roofing
More about this property
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