$465,000
5 Bed Duplex for Sale in Cape Coral
405/407 NE 24th Avenue, Cape Coral, FL, 33909
About this home
EXCELLENT INVESTMENT OPPORTUNITY IN CAPE CORAL! Welcome to 405/407 24th Ave, a well-maintained Bradford Homes-built duplex offering approximately 1,207 square feet of living space per side, with a private attached one-car garage for each residence. Unit 405 features 2 bedrooms and 2 bathrooms, while Unit 407 has been converted and is currently configured as a 3-bedroom, 2-bath residence, providing additional flexibility and rental appeal. Both residences are currently tenant-occupied, offering an established income-producing opportunity for investors. Major improvements include a NEW SHINGLE ROOF IN 2023 and A/C SYSTEMS INSTALLED IN 2019. Both units are equipped with storm shutters and hurricane-code garage doors, while an irrigation system helps maintain the property's exterior. Each residence features a bright and functional OPEN FLOOR PLAN connecting the living room, dining area, and kitchen. Both units also feature newer tile flooring, providing an attractive, durable, and easy-care finish. A dedicated laundry room is conveniently located just off the kitchen. Sliding glass doors extend the living areas outdoors to private covered patios, providing additional space to relax and enjoy the Florida lifestyle. Unit 407 offers additional improvements, including granite countertops and a rebuilt shower. Conveniently located in Cape Coral with easy access to shopping, dining, schools, major roadways, and everyday conveniences. With two tenant-occupied residences, private garages, covered patios, recent major improvements, and an established rental history, this duplex presents an attractive opportunity to add an income-producing property to an investment portfolio. Existing lease agreements must be honored by the buyer. PLEASE DO NOT DISTURB TENANTS. Showings by appointment only.
Property details
- Type
- Duplex
- Year built
- 2004
- Interior
- 2,414 sqft
- Lot size
- 10,323.72 sqft
- Acreage
- 0.24 acres
- Garage
- None
- Days on market
- 0
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $6,510/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- Not specified
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- No
- Pets
- Yes
- County
- Lee
Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.
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Market trends, Cape Coral
Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.
Live area medians from the MLS · see all listings. Indicative, not an appraisal.
The good, the trade-offs & the location
- Built 2004 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- No garage listed
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.