To schedule a showing of 528 SE 5th Place, Cape Coral, Florida, Call David Shippey at 863-521-4517 TODAY!

$539,900 Reduced -$35,100
528 SE 5th Place
Cape Coral, FL 33990
  • 6Beds
  • 4.00Total Baths
  • 0 Full, 0 HalfBaths
  • 2,418SqFt
  • 2020Year Built
  • 0.34Acres
  • MLS# C7522462
  • Income
  • Duplex
  • Active

  • Approx Time on Market3 months, 16 days
  • Area33990 - Cape Coral
  • CountyLee
  • Subdivision Cape Coral

Overview

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 todays 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 rentalproviding 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 lastreach out today to learn projected rental numbers and explore all the possibilities this duplex offers.



Agriculture / Farm

Association Fees / Info

Bathroom Info

Total Baths:  4.00

Building Info

Roof:  Shingle

Buyer Compensation

Exterior Features

Exterior Features:  Storage

Fees / Restrictions

Financial

Original Price:  $625,000

Garage / Parking

Attached Garage:  Yes

Garage:  Yes

Green / Env Info

Interior Features

Laundry Features:  Inside

Interior Features:  HighCeilings, LivingDiningRoom, MainLevelPrimary, OpenFloorplan

Appliances:  Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer

Lot Info

Direction Remarks:  From Cultural Park Blvd, turn onto SE 4th St, then left on SE 5th Ave. The house is just a couple houses down on the right.

Lot Size Units:  Acres

Lot Size Acres:  0.34

Lot Sqft:  14,854

Est Lotsize:  120x125

Misc

Other

Special Conditions:  None

Other Rooms Info

Property Info

Section:  13

Class Type:  Duplex

Property Sub Type:  Duplex

Construction Materials:  Stucco

Foundation:  Slab

Human Modified:  Yes

Sqft Info

Sqft:  2,418

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,025

Tax Lot:  71

Tax Legal Description:  CAPE CORAL UNIT 23 BLK 1142 PB 14 PG 44 LOTS 71 THRU 73

Tax Block:  1142

Tax Annual Amount:  8367.05

Tax Book Number:  14-44

Unit Info

Total Units:  2

Utilities / Hvac

Heating:  Central

Water Source:  Public

Sewer:  PublicSewer

Cool System:  CentralAir

Cooling:  Yes

Heating:  Yes

Utilities:  CableAvailable, ElectricityConnected, PhoneAvailable, SewerConnected, WaterConnected

Waterfront / Water

Directions

From Cultural Park Blvd, turn onto SE 4th St, then left on SE 5th Ave. The house is just a couple houses down on the right.

This listing courtesy of Epique Realty, Inc. 

Mortgage Calculator

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Price & Status History (on davidshippey.com since Thu, Feb 26th 2026)
  • Original Price: $625,000
  • Current Price: $539,900
  • Price Reduced: $85,100
Date ChangedFromTo
05/12/2026$575,000 $539,900 Reduced by $35,100
04/03/2026$600,000 $575,000 Reduced by $25,000
03/20/2026$625,000 $600,000 Reduced by $25,000

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If you have any questions on 528 SE 5th Place, Cape Coral, Florida, please call David Shippey at 863-521-4517.


MLS# C7522462 located at 528 SE 5th Place, Cape Coral, Florida is brought to you by David Shippey REALTOR®

528 SE 5th Place, Cape Coral, Florida has 6 Beds, 0 Full Bath, and 0 Half Bath.
The MLS Number for 528 SE 5th Place, Cape Coral, Florida is C7522462.
The price for 528 SE 5th Place, Cape Coral, Florida is $539,900.
The status of 528 SE 5th Place, Cape Coral, Florida is Active.
The subdivision of 528 SE 5th Place, Cape Coral, Florida is Cape Coral.
The home located at 528 SE 5th Place, Cape Coral, Florida was built in 2026.