SoldOct 7, 2026

Listed by Noah Stone

, 

Bought with Carleen Murone

Source: Florida Gulf Coast MLS (Royal Palms) #2026009807

526 Southeast 5th Place, Cape Coral, FL, 33990

$485,000

6
4
2418 sq. ft.
0.34 ac.

Duplex

•

30+ days on the market

Sold: Oct 7, 2026

What's around 526 Southeast 5th Place

About this property

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. 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.

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Buyer's review

18 days ago

An Incredible Realtor, a True Friend, and a Guiding Light in Our Move to Cape Coral

From my very first conversation with Carleen, I knew she was the right realtor for us. She took the time to connect over Zoom, listen, and put me at ease about an enormous life decision. We were leaving Western New York after 18 years and had never even visited Cape Coral until we came to see the property. Having someone we could trust meant everything. She sold me on this community! Carleen guided us through every step with patience, professionalism, and so much heart. She answered our many questions, followed up quickly, and always made us feel supported. When we encountered bumps along the way, she was our steady, reassuring presence. She held faith for us when our nerves took over and helped us stay connected to the joy and excitement of this new chapter. Beyond her knowledge and reliability, Carleen is simply a light. She is warm, kind, full of positivity, and genuinely invested in the people she serves. We always felt she wanted the very best for us. Finally meeting her in person and giving her a big hug was one of my favorite moments of the entire experience. By then, she already felt like a friend. Her care didn’t stop at closing. She has checked in several times since we moved in, and her referrals for painters and electricians have been incredible. She even stayed in touch during the weekend of her daughter’s wedding, a kindness that touched us deeply. This was a big, emotional, sometimes scary transition, and Carleen helped make it joyful. We are endlessly grateful for her guidance, her huge heart, and the friendship we found along the way. If you’re looking for a realtor in Cape Coral who makes you feel truly cared for, we wholeheartedly recommend Carleen!

A
Ami Patrick
Buyer

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