No Flood Insurance required! Income-producing duplex with two 3BR/2BA units, each offering 1,200 sqft and a 2-car garage. City water & sewer assessments paid. Centrally located near Cultural Park and Cape Coral Hospital. Perfect for investors or owner-occupants. (Unit 516 has Laminate/Tile flooring and Unit 518 has Ceramic Tile).
For sale
$489,900
516-518 SE 5th PL, CAPE CORAL, FL 33990
6beds
2,380sqft
Duplex
Built in 2005
-- sqft lot
$-- Zestimate®
$206/sqft
$-- HOA
What's special
- 18 days |
- 252 |
- 23 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Douglas Addeo 561-852-1341,
Community Realty Associates
Source: SWFLMLS,MLS#: 226027594
Originating MLS: Naples
Originating MLS: NaplesFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Features
- Flooring: Laminate, See Remarks, Tile
- Has fireplace: No
Interior area
- Total interior livable area: 2,380 sqft
Property
Features
- Waterfront features: None
Lot
- Size: 10,018 Square Feet
- Features: Regular
Details
- Parcel number: 134423C301137.1000
- Zoning: RML
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Block, Stucco
- Foundation: Concrete Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Water: Assessment Paid
Community & HOA
Community
- Features: Non-Gated
- Subdivision: CAPE CORAL
HOA
- Amenities included: None
Location
- Region: Cape Coral
Financial & listing details
- Price per square foot: $206/sqft
- Tax assessed value: $408,778
- Annual tax amount: $8,274
- Date on market: 7/28/2026
- Lease term: Buyer Finance/Cash,FHA,VA
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2026 | Listed for sale | $489,900+13.9%$206/sqft |
Source:  SWFLMLS #226027594 Report a problem | ||
| 9/19/2025 | Sold | $430,000-4.4%$181/sqft |
Source:  Florida Gulf Coast MLS #2025000119 Report a problem | ||
| 8/6/2025 | Pending sale | $450,000$189/sqft |
Source: Florida Gulf Coast MLS #2025000119 Report a problem | ||
| 7/17/2025 | Listed for sale | $450,000+309.1%$189/sqft |
Source: Florida Gulf Coast MLS #2025000119 Report a problem | ||
| 7/1/2009 | Sold | $110,000-67.6%$46/sqft |
Source: Public Record Report a problem | ||
| 5/2/2005 | Sold | $340,000+1445.5%$143/sqft |
Source: Public Record Report a problem | ||
| 12/29/2003 | Sold | $22,000$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,275 +12% | $355,062 +10% |
| 2024 | $7,390 +5.3% | $322,784 +10% |
| 2023 | $7,016 +7.3% | $293,440 +10% |
| 2022 | $6,538 +8% | $266,764 +10% |
| 2021 | $6,055 +8.6% | $242,513 +10% |
| 2020 | $5,577 +2.1% | $220,466 +1.9% |
| 2019 | $5,463 | $216,427 +5.9% |
| 2018 | $5,463 | $204,290 |
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.Climate risks
Neighborhood: 33990
Nearby schools
GreatSchools rating
- 6/10Caloosa Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 4/10Caloosa Middle SchoolGrades: 6-8Distance: 1.3 mi
- 5/10Cape Coral High SchoolGrades: 9-12Distance: 2.5 mi
- $305,3003 bd2 ba1.2k sqft516 SE 5th Pl, Cape Coral, FL 33990Off Market
- $291,4004 bd4 ba945 sqft512 SE 5th Pl, Cape Coral, FL 33990Off Market
- $424,5006 bd4 ba1.1k sqft520 SE 5th Pl #522, Cape Coral, FL 33990Off Market
- $312,100-- bd-- ba-- sqft520 SE 5th Pl, Cape Coral, FL 33990Off Market
- $490,0002 bd2 ba1k sqft523/525 SE 5th Ave, Cape Coral, FL 33990Sold
- $490,0004 bd4 ba2.1k sqft523-525 SE 5th Ave, Cape Coral, FL 33990Sold
- $375,0004 bd4 ba2.1k sqft523 SE 5th Ave, Cape Coral, FL 33990Off Market
- $253,2002 bd2 ba1k sqft523 SE 5th Ave #525, Cape Coral, FL 33990Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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