$525,000

603 & 605 SE 23rd Place Cape Coral, FL 33990

Hancock Neighborhood

Estimated payment $3,351/month

6 Beds
4 Baths
2,459 Sq Ft
$214 Price per Sq Ft

Highlights

  • Impact Glass
  • Air Purifier
  • Central Heating
  • Cape Elementary School Rated A-
  • Tile Flooring
  • Ceiling Fan

About This Home

This modern duplex, built in 2023, is fully occupied and generating excellent rental income. Each unit features tile flooring throughout, sleek stainless steel appliances, and laundry hook-ups inside for added convenience. The property is assessment paid, making it an attractive turnkey investment.
With everything in place for immediate income, this is a ready-to-go opportunity. Conveniently located near major amenities, it’s an ideal addition to any investor’s portfolio.

Listing Agent

Maureen Mitchell

Marshall Reddick Real Estate License #258029763 Listed on: 12/06/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,163

Year Built

  • Built in 2023

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 70 x 120 x 120 x 70
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,459 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring
  • Impact Glass

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Eco-Friendly Details

  • Air Purifier

Utilities

  • Air Filtration System
  • Central Heating
  • Sewer Assessments
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 6 / 1376
  • Assessor Parcel Number 17-44-24-C3-01376.0060

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $10,326
  • Net Operating Income $38,814

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,163

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Lot Size: 70 x 120 x 120 x 70
  • Subdivision Name: CAPE CORAL
  • Directions: Both units are fully Occupied, please do not disturb. Please provide 48 hour notice for showing. Buyers and agents please do your due diligence as all information was provided by 3rd parties
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 2023
  • Property Sub Type Additional: Duplex
  • Special Features: NewHome

Interior Features

  • Number Of Buildings: 1
  • Private Spa: No
  • Other Equipment: Air Purifier
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Flooring: Tile
  • Interior Amenities: Air Filtration, High Speed Internet
  • Window Features: Impact Glass

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: None
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Utilities: Cable Available
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Pets Allowed: Call, Conditional

Lot Info

  • Land Lease Expiration Date: 2026-07-13
  • Parcel #: 17-44-24-C3-01376.0060
  • Zoning Description: RML

Rental Info

  • Tenant Pays: Application Fee, Cable TV, Electricity, Internet, Janitorial Service, Pest Control, Pet Deposit, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 38814.0
  • Annual Operating Expense: 10326.0

Tax Info

  • Tax Annual Amount: 7162.7
  • Tax Block: 1376
  • Tax Lot: 6
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2025 12/06/25 For Sale $525,000 -- $214 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 2025023451

Florida Gulf Coast Multiple Listing Service
Florida Lee County Cape Coral 33990 Hancock

603 & 605 SE 23rd Place, Cape Coral, FL

For Sale

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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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Listing Agent
Maureen Mitchell
Section Image
Marshall Reddick Real Estate
(239) 372-6941