About This Home

This 6-bedroom, 4-bathroom multi-family at 1242 SE 24th Avenue in Cape Coral, FL is listed for $422,000. Built in 2004, on a 0.25 acres lot.

Key Features

  • Built in 2004
  • 0.25 acre lot

Property Details

1 story
4 full
2004

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$2,257/mo

20% down · 6.5% · 30 years

Principal$305
Interest$1,829
Insurance$123

Estimates only. Actual payments may vary.

Location

1242 SE 24th Avenue

Cape Coral, FL 33990

CAPE CORAL

Property Details

Flooring

Tile

Construction

Block Concrete Stucco

Heating

Electric (Heating)Central

Cooling

Central AirElectric

Questions & Answers

This 6-bedroom, 4-bathroom multi-family at 1242 SE 24th Avenue is listed at $422,000. The estimated monthly payment is $2,257 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2004, 0.25 acre lot.

This property is listed by Omar Mejias.

OM

Omar Mejias

License 258030688

Agent at Marzucco Signature Homes

Listed by Marzucco Signature Homes · Broker phone: (239) 269-1584 · View on Broker Site

MLS# 2026017612· Source: Florida Gulf Coast Multiple Listing Service, Inc.· 199 days on PropertySimple

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1242 SE 24th Avenue, Cape Coral, FL 33990

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