Southwest Florida's Only Gated Community Specialist — 19 Communities · 148 HOA Profiles · Free Buyer Consultations

HOA Fee Guide Community Comparison Market Reports

Gated Communities

Naples Florida

Call Us

(239) 357-1308

Office

2nd St NE, Naples FL 34120

Free Consultation

Communities

Buyer's Guide Seller's Guide Golf Guide HOA Fees Market Reports About Contact

40 More

Property Type
Duplex

6
Bedrooms

4
Bathrooms

Sqft
Area Size

2020
Year Built

Active

526-528 SE 5th PL, Cape Coral, FL 33990

$550,000

Description

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.