405/407 NE 24th Ave, photo 1
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Overview

5 bd4 ba2,414 sqft1 car garageDuplex
TypeDuplex
HOANone listed
Built2004
Lot10,324 sqft
Living area2,414 sqft
Price / sqft$193
Garage1 car

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About this home

Ceiling Fans(s)Eat-in KitchenLiving Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorWalk-in Closet(s)Hurricane ShuttersLighting

405/407 NE 24th Ave is a 2004-built home in Cape Coral, Cape Coral. Inside you'll find 5 bedrooms, 4 bathrooms, and 2,414 square feet of living space. Listed at $465,000 (about $193/sqft), 44 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

EXCELLENT INVESTMENT OPPORTUNITY IN CAPE CORAL! Welcome to 405/407 24th Ave, a well-maintained Bradford Homes-built duplex offering approximately 1,207 square feet of living space per side, with a private attached one-car garage for each residence. Unit 405 features 2 bedrooms and 2 bathrooms, while Unit 407 has been converted and is currently configured as a 3-bedroom, 2-bath residence, providing additional flexibility and rental appeal. Both residences are currently tenant-occupied, offering an established income-producing opportunity for investors. Major improvements include a NEW SHINGLE ROOF IN 2023 and A/C SYSTEMS INSTALLED IN 2019. Both units are equipped with storm shutters and hurricane-code garage doors, while an irrigation system helps maintain the property's exterior. Each residence features a bright and functional OPEN FLOOR PLAN connecting the living room, dining area, and kitchen. Both units also feature newer tile flooring, providing an attractive, durable, and easy-care finish. A dedicated laundry room is conveniently located just off the kitchen. Sliding glass doors extend the living areas outdoors to private covered patios, providing additional space to relax and enjoy the Florida lifestyle. Unit 407 offers additional improvements, including granite countertops and a rebuilt shower. Conveniently located in Cape Coral with easy access to shopping, dining, schools, major roadways, and everyday conveniences. With two tenant-occupied residences, private garages, covered patios, recent major improvements, and an established rental history, this duplex presents an attractive opportunity to add an income-producing property to an investment portfolio. Existing lease agreements must be honored by the buyer. PLEASE DO NOT DISTURB TENANTS. Showings by appointment only.

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The essentials

Built
2004
Price / sqft
$193
On market
44 days
Annual tax
$6,956
Flood zone
X · Low risk
Lot
10,324 sqft
Type
Duplex

At a glance

Multi-family
Built 2004
1 car garage
Driveway
10,324 sqft lot
Lot size
2,414 sqft
Living area

Payment

Est. monthly payment
$3,237/mo
Down payment (20%)
$93,000
Property taxes
$580/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Duplex
Year Built
2004
Lot
10,324 sqft
Cooling
Central Air
Heating
Central
Parking
Driveway, Garage Door Opener, Ground Level, Off Street
Days on Market
44
Ceiling Fans(s)
Eat-in Kitchen
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Walk-in Closet(s)
Hurricane Shutters
Lighting
Private Mailbox
Rain Gutters
Dishwasher
Microwave
Range
Refrigerator
Flood Zone X
Annual Tax (2025)
$6,956
Parcel #
08-44-24-C2-01550.0030

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Cape Coral
County
Lee
MLS Area
33909 - Cape Coral
Lot Size
10,324 sqft
GreenbeltPaved

Price history

Date
Event
Price
8/28/2026
Listed for sale
Source: Stellar MLS #C7529979
$465,000
$193/sqft

Neighborhood

405/407 NE 24th Ave
Cape Coral, FL, 33909 · 33909 - Cape Coral

Market insights

Offer Insights

Choose an offer strength

List price: $465,000
$450,000 – $465,000
97% – 100% of listTops out right at the list price
80% of listList price
40 of the last 78 home closings in 33909 landed at this number or higher (51%). The median one sat 48 days before it went under contract, and this one is on day 44.

Sample: 78 closed home sales in 33909 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$3,237/mo
Principal & interest$2,425
Property taxes$580
Insurance$233
Down payment20% · $93,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$465,000

$193 per sq ft

Beds and baths

5 beds, 4 baths

Size

2,414 sq ft

Time on market

44 days

Year built

2004

Monthly payment

About $3,237/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $6,956 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

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Brokered byMARINA PARK REALTY LLCListing agent: Ryan FinneganListing data from Stellar MLS, MLS# C7529979.

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