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    503/505 NE 24Th Pl Cape Coral, FL 33909

    For Sale
    $420,000

    MULTI_FAMILY - Other - Cape Coral, FL

    Lot size:
    0.25 Acres
    Days on Market:
    91
    Last Refresh:
    Dec 7 at 12:06 am

    Property Features for 503/505 NE 24Th Pl

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 5, Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1, Bathroom 4, Bedroom 4
    Bedrooms
    5
    Bathrooms
    4
    APN
    09-44-24-C1-01551.0090
    Pets allowed
    Yes
    Lot size
    0.25 Acres

    Utilities

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

    Building Details

    Year built
    1981
    Number of units
    2
    Flooring type
    Carpet, Vinyl
    Building materials
    Block, Concrete, Stucco
    Roof type
    Shingle
    Architectural style
    Other

    John R. Wood Properties (239) 984-8177

    Listing agent Lenka Doyle (239) 823-9553 License #252012435

    Listing date Sep 8, 2025

    MLS# 2025005627 Listing URL

    Copyright © 2025 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.

    Overview

    Cape Coral Duplex: Income Potential

    This multi-family duplex in Cape Coral offers potential for rental income and personal use. Unit 503, featuring 3 bedrooms and 2 bathrooms, is currently available. Unit 505 includes 2 bedrooms and 2 bathrooms. Both units have separate living, dining, and family room areas. The family rooms open to covered patios and private backyard areas through triple sliding glass doors. Interior details include tile and laminate flooring throughout. Each unit has a one-car garage, and a paved driveway provides off-street parking. The property is located close to shopping, dining, schools, and commuter routes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Hotel & Motel Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -81.92264
    Latitude
    26.661596

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    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex in Cape Coral, ideal for investors or owner-occupants.
    Where is this duplex located?
    The property is located at 503/505 NE 24Th Pl Cape Coral, FL.
    What is the asking price?
    The asking price for this property is $420,000.
    What are key features of this property?
    This property features: - Prime Cape Coral location close to shopping, dining, schools, and commuter routes.; - Versatile multi-family duplex offering strong potential for rental income and/or owner-occupancy.; - Unit 503 (3 bed/2 bath) is currently available for immediate occupancy or tenant placement.
    (239) 823-9553
    Request Owner's contact information
    503/505 NE 24Th Pl Cape Coral, FL 33909
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    503/505 NE 24Th Pl Cape Coral, FL 33909
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