ASSUMABLE MORTGAGE - NO FLOOD INSURANCE REQUIRED - NO HOA - Rare

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Townhome/Townhouse For Sale

528 SE 5TH PLACE

Cape Coral, Florida 33990

Lee County

Community: CAPE CORAL

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$625,000 6 br, 0.0 bath 2418 sq. ft. 0.340 acres

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 today's 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 rental--providing 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 last--reach out today to learn projected rental numbers and explore all the possibilities this duplex offers.

Interior:
  • Bedrooms: 6
  • Baths: 0.0
  • Sq Ft: 2418
  • Year Built: 2020
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: Central
  • Garage: Garage, Garage - Attached
Exterior:
  • Lot Size: 0.340 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: Stucco
  • Roof: Shingle
  • Property Taxes: $8,367
  • MLS #: C7522462
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Contact Information:
Beach Townhome/Townhouse For Sale in Cape Coral, Florida
Listing Agent: Noah Stone, Epique, 239-450-0357, 888-893-3537 Listing Site, Listing Status: Active
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7327144
Viewed 8 times.
Updated: Feb 26, 2026

This property is a Townhome/Townhouse located at 528 SE 5TH PLACE, Cape Coral, Florida 33990, and is currently For Sale at $625,000. This Townhome/Townhouse has 6 bedrooms, 0.0 baths, 2418 sq ft.