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Tenant-Occupied Duplex with Garages
New
For Sale
$465,000

405/407 NE 24th Avenue, Cape Coral, FL 33909

ResidentialIncome, Cape Coral, FL

Property SizeContact for details
Lot Size0.24 Acres
Days on Market6

Property Features for 405/407 NE 24th Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description RML
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bathroom 2, Bathroom 4, Bedroom 2, Bedroom 4, Bedroom 5, Bathroom 1, Bedroom 1, Bathroom 3
Pets allowed Yes
Subdivision CAPE CORAL
Lot features Rectangular Lot
Directions FROM US41 SOUTH IN CAPE CORAL TURN RIGHT ONTO PINE ISLAND RD, LEFT ONTO DEL PRADO BLVD N, LEFT ONTO NE 6TH ST, RIGHT ONTO NE 24TH ST. HOME IS ON THE LEFT
Standard status Active
APN 08-44-24-C2-01550.0030
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CAPE CORAL UNIT 17 BLK 1550 PB 14 PG 37 LOTS 3 + 4
Tax Annual Amount 6956
Legal Description CAPE CORAL UNIT 17 BLK 1550 PB 14 PG 37 LOTS 3 + 4

Utilities

Heating system Electric (Heating), Central
Cooling system Ceiling Fan(s), Central Air, Electric

Building Details

Year built 2004
Number of units 2
Flooring type Tile
Building materials Block, Concrete, Stucco
Roof type Shingle
Architectural style Other
Listing Agency: Marina Park Realty LLC
Listed By: Ryan Finnegan · License #274508886
Added: Aug 29 Changed: Aug 31 Last Checked: Sep 3 at 7:06PM
MLS# 2026036782

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.

This 2004 block, concrete, and stucco duplex includes approximately 1,207 square feet of living space per residence, with an attached one-car garage for each unit. One residence has a 2-bedroom, 2-bath layout, while the other is configured with 3 bedrooms and 2 baths. Both interiors offer tile flooring, open living, dining, and kitchen areas, dedicated laundry rooms, and sliding doors leading to private covered patios. The property occupies 0.237 acres.

Both residences are tenant-occupied, and existing lease agreements must be honored by the buyer. Major property updates include a shingle roof installed in 2023 and A/C systems installed in 2019. Storm shutters, hurricane-code garage doors, and an irrigation system are also included. The property is located in Cape Coral, near shopping, dining, schools, major roadways, and everyday conveniences.

Key Highlights

  • Approximately 1,207 square feet per residence, with a private attached one‑car garage for each unit
  • Unit 405: 2 bedrooms and 2 bathrooms; Unit 407: 3 bedrooms and 2 bathrooms
  • Both residences are currently tenant‑occupied; existing lease agreements must be honored

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Hair Salon Daycare Center

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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

532
Businesses Nearby

Demographics for 33909, FL

33,063
Population
14,051
Households
2.4
Avg Household Size
39
Median Age
25%
College-Educated
94%
High-School Grad
37.8 sq mi
ZIP Area
875
Density / Sq Mi
$79,096
Median Household Income
$39,912
Median Earnings
$1,773
Median Rent
$292,800
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 - Two occupied residences feature private garages, covered patios, tile flooring, and recently updated roofing and air-conditioning systems.
Where is this duplex located?
The property is located at 405/407 NE 24th Avenue Cape Coral, FL.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Approximately 1,207 square feet per residence, with a private attached one‑car garage for each unit; Unit 405: 2 bedrooms and 2 bathrooms; Unit 407: 3 bedrooms and 2 bathrooms; Both residences are currently tenant‑occupied; existing lease agreements must be honored
More about this property
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