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$450,000

516/518 SE 5th Pl Cape Coral, FL 33990

6 beds
4 full
0.2 acres
Multi-Family

Property details

About 516/518 SE 5th Pl

Here is your chance to purchase one of the more sought after Duplex floor plans. Each side has a rare, 2 car garage, 3 beds 2 baths and a spacious screened in lanai on the West side of the property so your tenants can watch the beautiful Southwest Florida sunsets over Lake Saratoga. A new roof in 2023. Inside the comfortably air conditioned units you will also find all major kitchen appliances and a clothes washer and dryer. This property has been very well maintained and is in outstanding condition as it has been occupied by the owners family for the past 10 years. City water and sewer utilities have been installed and paid for. It is located in a very convenient arear of Cape Coral Florida, nestled between the beautiful Cultural Park to the East, and lake Saratoga immediately to the West. Start running your advertising because these units are ready to generate some capitol! Or, live in one side while the rent from the other side pays most of your mortgage.

Highlights

Home typeDuplex
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Lot size0.23 Acres
Year built2005
MLS #2025000119

Summary

  • Full Bathrooms: 4
  • Flooring Type: Laminate, Tile
  • Total Bedroom Count: 6
  • Private Pool: No
  • Waterfront: None
  • Exterior: None
  • Architectural Style: Ranch, One Story
  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • List Price: $450,000
  • HOA Amount: $0
  • Lot: Rectangular Lot
  • Year Built: 2005
  • Stories: 1
  • Lot Size: 0.23 Acres
  • MLS Number: 2025000119
  • MLS Name: FGC
  • Office Name: Premiere Plus Realty Company
  • Office Phone: (239) 732-7837
  • Office Email: Broker@PPRMail.com
  • Listing Agent: Gary Barton

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/21/2025, 11:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

8

Cape Elementary School

Public District KG-5

0.9 mi

4519 Vincennes Blvd

4

Pelican Elementary School

Public District KG-5

1.9 mi

3525 SW 3rd Ave

6

Gulf Elementary School

Public District KG-5

3.5 mi

3400 SW 17th Pl

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $30,484. Residents of Cape Coral, FL typically earn less than $<35k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

57%
<35k
38%
35k-100k
2%
100k-200k
3%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

64%
Single, No Kids
9%
Single, with Kids
24%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
3%
12-17 yrs old
15%
18-34 yrs old
44%
35-64 yrs old
30%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Pro BoxingPro Boxing
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Chico'sChico's
  • BurlingtonBurlington
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • PopeyesPopeyes
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • OldsmobileOldsmobile
  • DodgeDodge
  • BuickBuick

What do the neighbors listen to?

  • NewsNews
  • Urban ContemporaryUrban Contemporary
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 516/518 SE 5th Pl

The listing price of 516/518 SE 5th Pl property is $450,000.

The property 516/518 SE 5th Pl is a multi located in Cape Coral, Florida, 33990.

Active Listing: 516/518 SE 5th Pl is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 516/518 SE 5th Pl are: Cape Elementary School (GreatSchools Rating 8/10), Pelican Elementary School (GreatSchools Rating 4/10), Gulf Elementary School (GreatSchools Rating 6/10), Gulf Middle School (GreatSchools Rating 8/10), Heritage Charter Academy of Cape Coral (GreatSchools Rating 2/10), Cypress Lake Middle School (GreatSchools Rating 7/10), Cape Coral High School (GreatSchools Rating 4/10), Ida S. Baker High School (GreatSchools Rating 4/10), Oasis Charter High School (GreatSchools Rating 7/10).

The year of construction for 516/518 SE 5th Pl is 2005.

This home is located at 516/518 SE 5th Pl in Cape Coral, FL and zip code 33904 in the Caloosahatchee neighborhood. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 16, 2025 and is currently priced at $450,000.

In June 2025, from all listings sold in Cape Coral, FL there were more than 44 sold above asking price, over 364 sold below and more than 95 were sold right at the asked price. The number of homes for sale in Cape Coral, FL decreased by 1.3% between May and June 2025. The median list price of listings available in June 2025 was $379,376, while the average time on the real estate market was 77 days.

From Rocket Homes Real Estate and based on county public records data.

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