Duplex Investment
For Sale
$429,000
1242 SE 24th AVE, Cape Coral, FL 33990
Two occupied residences feature individual garages, tile finishes, tall ceilings, and municipal water and sewer service.
Property SizeContact for details
Days on Market141
Property Features for 1242 SE 24th AVE
General Information
Standard status
Active
Total Parking Spaces
2
Property subtype
Duplex
Occupancy
100%
Financials
Gross Income
$43,200
Average Monthly Rent
$1,800
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Parking per Unit
1
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$7,201
Building Details
Year Built
2004
Buildings
1
Tenancy
Multi
Listing Agency:
Marzucco Real Estate
Listed By:
Omar Mejias · License #258030688
(305) 972-1969
Source:
Kwelevate
Added: Apr 15
Changed: Sep 1
Last Checked: Sep 1 at 9:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marzucco Real Estate
Investment Insights
Based on property information with market context.
Built in 2004, this duplex contains six bedrooms and four bathrooms across two separately configured residences. Each side includes three bedrooms, two bathrooms, a one-car garage, high ceilings, and tile flooring throughout. A new roof was installed in 2023, and the property is connected to city water and sewer.
Both units are occupied by long-term tenants, providing an established rental profile for the next owner. The property is located on SE 24th Avenue in Cape Coral, Florida, with the two-unit layout offering separate residential spaces within one income-producing asset. The existing configuration also supports consideration by an owner occupant seeking a duplex with a tenant-occupied adjoining unit.
Both units are occupied by long-term tenants, providing an established rental profile for the next owner. The property is located on SE 24th Avenue in Cape Coral, Florida, with the two-unit layout offering separate residential spaces within one income-producing asset. The existing configuration also supports consideration by an owner occupant seeking a duplex with a tenant-occupied adjoining unit.
Key Highlights
- Two‑unit duplex with 6 bedrooms and 4 bathrooms total
- Each side offers 3 bedrooms, 2 bathrooms, and a 1‑car garage
- New roof installed in 2023
Property Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
146
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two occupied residences feature individual garages, tile finishes, tall ceilings, and municipal water and sewer service.
Where is this duplex located?
The property is located at 1242 SE 24th AVE Cape Coral, FL.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Two‑unit duplex with 6 bedrooms and 4 bathrooms total; Each side offers 3 bedrooms, 2 bathrooms, and a 1‑car garage; New roof installed in 2023
