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Offered at $465,000Active
beds
5
baths
4
sq ft
2,414
Built
2004

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.

Listing last checked: Listing updated:

Listed by Ryan Finnegan · Marina Park Realty LLC · MLS #2026036782

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Details at a glance

Interior3 property facts
Heating
Central, Electric
Cooling
Central Air, Ceiling Fan(s), Electric
Flooring
Tile
Building3 property facts
Style
Duplex
Year built
2004
Roof
Shingle
Land & utilities3 property facts
Lot size
0.237 acres
Water
AssessmentPaid
Sewer
AssessmentPaid
Financial3 property facts
Annual taxes
$6,956
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $465,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,931 / monthAdjust
Principal & interest
$2,351
Property tax
$580
Insurance
Not entered
HOA
$0

Listing annual taxes: $6,956. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.

Partial estimate: add insurance to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 405/407 NE 24th Avenue

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Request a tour of 405/407 NE 24th Avenue and a Bean Group agent will help coordinate an available time with the listing side.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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