NOT LISTED FOR SALE

509 SE 5th Ave Unit A-B Cape Coral, FL 33990

Hancock Neighborhood

Estimated Value: $321,592 - $492,000

4 Beds
4 Baths
2,340 Sq Ft
$189/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $399,900 $171 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,936/month

99 Days on Market

Highlights

  • Concrete Pool
  • Wood Flooring
  • Central Heating and Cooling System
  • Cape Elementary School Rated A-
  • Courtyard
  • Ceiling Fan

About This Home

As of May 2021

Fantastic INCOME producing duplex with a private POOL! Both sides host 2 bedrooms and 2 full bathrooms, updated kitchens with wood cabinetry, granite counter tops, trey ceilings, updated lighting, tile backsplash, all appliances, tile & wood flooring and each unit has an attached 1 stall garage with washer/dryer hook-ups. The in-ground pool is enclosed with a pool cage and has stamped decking. Unit A (left side) was re-plumbed in 2020, new roof in 2016, Unit B (right side) has newer A/C 2016. Unit A is leased until October 2021 and Unit B is a month-to-month tenant. Located close to shopping & more. Call today to schedule your private showing!

Last Agent to Sell the Property

Ted Stout

Realmark Realty Group II LLC License #274500881 Listed on: 01/17/2021

Co-Listed By

Natalie Stout Pa

Realmark Realty Group II LLC License #258008315

Last Buyer's Agent

Terry Duffy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,284

Year Built

  • Built in 1979

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 103 x 125 x 75 x 125
  • Rectangular Lot
  • Sprinkler System

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,340 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Pool

  • Concrete Pool
  • In Ground Pool
  • Screen Enclosure

Additional Features

  • Courtyard
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, departure cleaning, electricity, internet, sewer, trash collection, water
  • Legal Lot and Block 10 / 1137
  • Assessor Parcel Number 13-44-23-C3-01137.0100

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,284

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.253
  • Lot Size: 103 x 125 x 75 x 125
  • Co List Office Mls Id: FRRG2
  • Co List Office Phone: (239) 313-8020
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Ranch, One Story, Duplex
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built: 1979
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Tile, Wood
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Rectangular Lot, Sprinklers Automatic
  • Pool Features: Concrete, In Ground, Screen Enclosure
  • Pool Private: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Courtyard, Sprinkler/Irrigation
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 13-44-23-C3-01137.0100
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Departure Cleaning, Electricity, Internet, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5284.0
  • Tax Block: 1137
  • Tax Lot: 10
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2021
Closed on
May 27, 2021
Sold by
Klein Allen J and Klein Jenalee L
Bought by
Leong Mary Su Htyan
Seller's Agent
Ted Stout
Realmark Realty Group II LLC
Buyer's Agent
Terry Duffy
List Price
$399,900
Sold Price
$399,900
Current Estimated Value
$442,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,998
Avg. Annual Appreciation
2.34%
Original Mortgage
$299,925
Outstanding Balance
$270,953
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$171,945

Purchase Details

Listed on
Sep 7, 2016
Closed on
Feb 18, 2017
Sold by
Vandling Terry Richard
Bought by
Klein Allen J and Klein Jenalee L
Seller's Agent
Michael Hall
Jones & Co Realty
Buyer's Agent
Robert Magda
Coastal Realty SWFL
List Price
$329,000
Sold Price
$300,000
Premium/Discount to List
-$29,000
-8.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$225,000
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 15, 2015
Closed on
Mar 17, 2015
Sold by
Natella Alfred and Belisle Eric
Bought by
Berry Josephine V
Seller's Agent
Richard Dohack
Gulf Pointe Properties
Buyer's Agent
Richard Dohack
Gulf Pointe Properties
List Price
$189,905
Sold Price
$183,000
Premium/Discount to List
-$6,905
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.68%

Purchase Details

Closed on
Jun 20, 2005
Sold by
Tegtman Arminta M
Bought by
Natella Alfred and Belisle Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,900
Interest Rate
5.66%
Mortgage Type
Commercial

Purchase Details

Closed on
May 30, 1995
Sold by
Zellner Stephen and Zellner Vicki
Bought by
White Kenneth A and Hickman Laurie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,685
Interest Rate
8.22%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Leong Mary Su Htyan $399,900 Landsel Title Agency Inc
Klein Allen J $300,000 Cape Coral Title Ins Agency
Berry Josephine V $183,000 Attorney
Natella Alfred $239,900 Cape Coral Title Insurance A
White Kenneth A $60,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leong Mary Su Htyan $299,925
Previous Owner Klein Allen J $225,000
Previous Owner Natella Alfred $191,900
Previous Owner White Kenneth A $60,685
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2021 05/27/21 Sold $399,900 0.0% $171 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
01/17/2021 01/17/21 For Sale $399,900 +33.3% $171 / Sq Ft
03/01/2017 03/01/17 Sold $300,000 -8.8% $128 / Sq Ft View Prior Sale
01/30/2017 01/30/17 Pending -- -- --
09/07/2016 09/07/16 For Sale $329,000 +79.8% $141 / Sq Ft
03/17/2015 03/17/15 Sold $183,000 -3.6% $78 / Sq Ft View Prior Sale
02/15/2015 02/15/15 Pending -- -- --
01/15/2015 01/15/15 For Sale $189,905 -- $81 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,361 $343,268 $66,215 $244,399
2024 $7,224 $322,277 $89,276 $199,812
2023 $7,224 $314,420 $104,400 $194,977
2022 $6,939 $309,578 $47,000 $262,578
2021 $5,769 $230,756 $47,000 $183,756
2020 $5,284 $209,962 $42,000 $167,962
2019 $4,965 $199,459 $45,000 $154,459
2018 $4,598 $163,915 $35,000 $128,915
2017 $4,413 $152,618 $16,000 $136,618
2016 $4,179 $138,850 $16,000 $122,850
2015 $3,603 $122,299 $13,000 $109,299
2014 $3,375 $107,066 $9,024 $98,042
2013 -- $95,894 $4,900 $90,994
Source: Public Records

Agents Affiliated with this Home

  • Ted Stout

    Seller's Agent in 2021

    Ted Stout

    Realmark Realty Group II LLC

    (239) 313-8020

    22 in this area

    557 Total Sales

    Ted Stout
    Section Image

  • N

    Seller Co-Listing Agent in 2021

    Natalie Stout Pa

    Realmark Realty Group II LLC

    (239) 222-1744

    4 in this area

    164 Total Sales

    Natalie Stout Pa
    Section Image

  • T

    Buyer's Agent in 2021

    Terry Duffy

    Section Image

  • M

    Seller's Agent in 2017

    Michael Hall

    Jones & Co Realty

    (239) 850-0061

    5 in this area

    27 Total Sales

    Michael Hall
    Section Image

  • R

    Buyer's Agent in 2017

    Robert Magda

    Coastal Realty SWFL

    (415) 794-8583

    4 in this area

    31 Total Sales

    Robert Magda
    Section Image

  • R

    Seller's Agent in 2015

    Richard Dohack

    Gulf Pointe Properties

    (239) 826-0622

    44 Total Sales

    Richard Dohack
    Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221001857

Florida Gulf Coast Multiple Listing Service

APN: 13-44-23-C3-01137.0100

Florida Lee County Cape Coral 33990 Hancock

509 SE 5th Ave Unit A-B, Cape Coral, FL

This home is located at 509 SE 5th Ave Unit A-B, Cape Coral, FL 33990 since 17 January 2021 and is currently estimated at $442,898, approximately $189 per square foot. This property was built in 1979. 509 SE 5th Ave Unit A-B is a home located in Lee County with nearby schools including Caloosa Elementary School, Hancock Creek Elementary School, and Tropic Isles Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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