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Active
    • $550,000

    502/504 SE 6th St, Cape Coral, FL 33990

    6beds
    2,474sqft
    : 
    $3,582/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 2024
    -- sqft lot
    $-- Zestimate®
    $222/sqft
    $-- HOA

    What's special

    Desirable corner lotBetter natural lightExtra yard space
    Welcome to a fully leased, cash-flowing duplex on a desirable corner lot in Cape Coral, now offering a rare 3.75% interest rate buydown for qualified buyers. This turnkey property is generating over $1,000 in monthly cash flow with both sides occupied by quality tenants, delivering immediate returns with zero vacancy concerns. Built in 2024, each side offers 1,237 square feet of living space with 3 bedrooms, 2 full bathrooms, and an attached 1-car garage. The corner lot location provides enhanced curb appeal, extra yard space, and better natural light, making these units highly desirable to current and future tenants. With both sides already leased and generating strong cash flow, this property offers true passive income from day one. As newer construction, you'll benefit from minimal maintenance needs and years of reliable performance ahead. This is your opportunity to acquire a turnkey, cash-flowing investment with quality tenants in place and financing that makes the numbers work beautifully. Perfect for 1031 exchange buyers, portfolio builders, or first-time investors.
    19 days
    |
    215
    |
    11
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Mari Ruiz Vallejo 239-330-5071,

    Panther Realty LLC

    Source: Florida Gulf Coast MLS,MLS#: 2026030659MLS LogoOriginating MLS: Florida Gulf Coast

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s), Electric
      Features
      • Flooring: Vinyl
      • Windows: Impact Glass, Single Hung
      Interior area
      • Total structure area: 2,474
      • Total interior livable area: 2,474 sqft

      Property

      Features
      • Stories: 1
      • Exterior features: None
      • Waterfront features: None
      Lot
      • Size: 0.28 Acres
      • Dimensions: 113 x 125 x 105 x 104
      • Features: Oversized Lot
      Details
      • Parcel number: 134423C301138.0220
      • Lease amount: $0
      • Land lease expiration date: 1811635200000
      • Zoning description: RML

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Ranch,One Story
      • Property subtype: Duplex, Multi Family
      Materials
      • Block, Concrete, Stucco
      • Roof: Shingle
      Condition
      • Resale
      • Year built: 2024

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Features: Non-Gated
      • Condo and coop fee: $0
      • Membership fee: $0
      • Subdivision: CAPE CORAL
      HOA
      • Amenities included: None
      Location
      • Region: Cape Coral

      Financial & listing details

      • Price per square foot: $222/sqft
      • Tax assessed value: $533,187
      • Annual tax amount: $13,322
      • Date on market: 7/17/2026
      • Listing terms: All Financing Considered,Cash,FHA,VA Loan
      • Tenant pays: Application Fee, Credit Check, Cable TV, Electricity, Grounds Care, Internet, Sewer, Water

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/17/2026Listed for sale$550,000+340%$222/sqft
        Source: Florida Gulf Coast MLS #2026030659 Report a problem
        5/23/2022Sold$125,000+38.9%$51/sqft
        Source: Public Record Report a problem
        4/20/2022Pending sale$90,000$36/sqft
        Source: Florida Gulf Coast MLS #222029998 Report a problem
        4/19/2022Listed for sale$90,000+2332.4%$36/sqft
        Source: Florida Gulf Coast MLS #222029998 Report a problem
        7/22/1993Sold$3,700$1/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,866 +264.5%$533,187 +470.5%
        2024$2,707 +55.7%$93,453 +10%
        2023$1,739 +70.8%$84,957 +593%
        2022$1,018 +18.7%$12,260 +10%
        2021$858 +9.8%$11,145 +10%
        2020$781 +3.4%$10,132 -77.5%
        2019$755 $45,000 +28.6%
        2018$755 +9.6%$35,000 +64.2%
        2017$690 +21.5%$21,318 +33.2%
        2016$567 +13.4%$16,000 +23.1%
        2015$500 +11.8%$13,000 +44.1%
        2014$447 +23.9%$9,024 +73.5%
        2013$361 +30.6%$5,200 -10.3%
        2012$277 -13.2%$5,800 -38.9%
        2011$319 +1.1%$9,500 +28.4%
        2010$315 -29.1%$7,400 -47.1%
        2009$445 -5.1%$14,000 -37.8%
        2008$468 -54.8%$22,500 -59.1%
        2007$1,036 -33.6%$55,000 -33.2%
        2006$1,560 +191.1%$82,300 +259.7%
        2004$536 +82.1%$22,880 +102.3%
        2003$294 +78.5%$11,310 +105.6%
        2002$165 $5,500 +25.6%
        2000-- $4,380
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33990

        Getting around

        7 / 100
        Car-Dependent
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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