Income-Producing Duplex in Cape Coral! Untis 1403/1405, Built in 2020, this income-producing duplex generates $42,600 annually and offers a strong rental setup with two spacious units. Each side features 3 bedrooms, 2 bathrooms, impact windows throughout, a one-car garage, a private fenced yard for each unit, and ample parking. A great opportunity for investors or an owner-occupant looking to live on one side and rent the other. Both units offer granite countertops, updated bathrooms, stainless steel appliances, vaulted ceilings, and spacious backyards. One unit also includes a Tesla charger. Each side is fully leased with executed leases already in place, making this a fantastic turnkey investment opportunity close to shopping, dining, schools, and everything Cape Coral has to offer. Don’t miss your chance to own this well-maintained, income-producing property!
Multi-familyProperty Type
2020Year Built
10,018 sq ftLot Size
$365Price/Sq.Ft.
2 car garageParking
Listed by Sheila Cook• Coastal Brokerage LLC
Bought with Non-listing FGC MLS Non-Listing agent• FGC Non-MLS Office
Brand new duplex in a perfect location! Three spacious bedrooms in each unit, with a wonderful kitchen overlooking the great room. This is the income-producing home you've been looking for. Live in one unit and rent the other—or rent both. Make your viewing appointment today!
FORTMLS #215017507
Sep 19, 2018
Sold
$11,000
$8/sq ft
Aug 31, 2018
Pending
—
Mar 15, 2015
Listed
$19,000
$15/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$7,939 (+9.8%)
2024
$7,231 (+5.7%)
2023
$6,842 (+9.7%)
2022
$6,236 (+15.7%)
2021
$5,391 (+718.1%)
2020
$659 (+0.3%)
$9,100 + $235,559
$244,659
2019
$657 (+24.0%)
$10,500
2018
$530 (+5.8%)
$10,500
2017
$501 (+11.8%)
$10,821
2016
$448 (+6.2%)
$10,821
2015
$422 (+13.7%)
$6,800
2014
$371
Public record
Public record
Zoning
Beds
6
Baths
4
Stories
1
Lot width
80 ft.
Lot depth
125 ft.
Lot size
10,019 Sq. Ft.
Year renovated
2020
Sq. Ft.
2,418
Year built
2020
Style
Multi-Family (2-4 Unit)
County
Lee County
APN
024423C1026530150
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 25, 2026.
R1
Residential Single Family District
This district is established to encourage and protect single-family development and to permit other uses generally compatible with single-family residential uses.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Educational/school
Fire house
Police station
Recreation
Golf related
Park & open space
Property details
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 4
Interior Features
Window Features: Impact Glass
Unfurnished
Flooring: Tile
Multi Unit Information
# Of Units Total: 1
Multi Unit Financial Information
Gross Scheduled Income: $42,600
Operating Expense: $1,020
Unit Type 1
Four Bedroom Or More
Unit Description: Open Lanai/Porch,Auto Garage Door,Ceiling Fan(s),Cooktop,Dishwasher,Disposal,Microwave,Refrigerator/Ice,Smoke Detector,Washer/Dryer Hookup
# of Bedrooms: 4
# of Bathrooms Total: 4
# of Full Bathrooms: 4
Furnished Information: Unfurnished
Area: 1300.0
# of Garage Spaces: 2
Attached Garage
Actual Rent: $3,550
Pro Forma: $3,550
Exterior
Building Information
Roof Details: Shingle
Construction Details: Block, Concrete, Stucco
Exterior Features
Exterior Features: Fence
Land Information
Irrigation Source: Included in Assessment
Lot Information
Lot Size Area: 0.23
Lot Size Acres: 0.23
Lot Size Dimensions: 15 x 45 x 30 x 45
Lot Dimensions Source: Appraiser
Lot Size Source: Appraiser
Lot Features: Rectangular Lot
Road Responsibility: Public Maintained Road
Zoning Description: R1
Property Information
Resale
Financial
Tax Information
Annual Tax Amount: $7,939.08
Tax Year: 2025
Land Lease Information
Land Lease Expiration Date: 2026-09-30
Rental Information
Tenant Pays: Application Fee, Electricity, Grounds Care, Sewer, Water
Pets Allowed Details: Yes
Utilities
Utility Information
Utilities: Cable Available
Sewer: Assessment Paid
Water Source: Assessment Paid
Heating & Cooling
Has Cooling
Cooling: Central Air, Ceiling Fan(s), Electric
Has Heating
Heating: Central, Electric
Location
HOA Information
Association Fee 3: 0.0
Public facts
Beds: 6
Baths: 4.0
Sq. Ft.: 2,418
Stories: 1.0
Lot Size: 10,019 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 2020
Year Renovated: 2020
County: Lee County
APN: 024423C1026530150
Home facts updated by county records on Sep 25, 2026
Around this home
Schools
Hector A. Cafferata Junior Elementary School
Public PreK-5 • Assigned • 1.6mi
3/10
Diplomat Middle School
Public 6-8 • Assigned • 2.5mi
5/10
Mariner High School
Public 9-12 • Assigned • 1.3mi
3/10
Provided by GreatSchools
Climate risks
4/10 Flood Factor
Estimated 19-29% chance of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 107° expected this year, 29 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Cape Coral, FL • 33993
Average low and high temperatures (°F)
72
52
77
57
81
62
85
66
90
73
91
75
92
77
91
77
89
74
86
71
82
62
78
58
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Cape Coral. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.