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6 Beds
4 Baths

$422,000

1242 SE 24th AVE, Cape Coral FL, 33990

Built in2004
Property typeMulti-family

Overview

Active

Listed Apr 15, 2026

Updated 5 days ago

Don't miss out on one of the lowest priced 6 bedroom, 4 bathroom duplexes on the market, in a central Cape Coral location with city water and sewer. A strong income opportunity. Each side offers 3 bedrooms, 2 bathrooms, a 1 car garage, high ceilings, and tile throughout. New roof installed in 2023. One side is occupied at $1,800 per month. Easy to show. This is a turnkey investment property with immediate cash flow. Buyers may also qualify for the assumable FHA loan at 3%, a rare chance to take over cash flowing real estate with significantly lower monthly costs. Well maintained, no surprises, and priced to sell.

$2,808/mo

Est. mortgage payment based on a $422,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2026017612

Interior Features

Bedrooms
6
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.25 Acres

Other Property Details

Taxes
$7,202
Tax Frequency
Annually
Secondary Association Fee
Not Listed
Pets Allowed
Yes

Listed by Omar Mejias, Marzucco Real Estate

Listing Contact: 305-972-1969 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Mel Smith | City of Palms Broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 3:50 AM UTC, 10/16/2026

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