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3520-3524 17th Avenue
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PRICED AT ONLY: $549,000

Address: 3520-3524 17th Avenue, CAPE CORAL, FL 33914

Description

Rare Gulf Access Duplex on a Waterfront, Triple Lot in Pelican Neighborhood2021 construction with $4,000/month rental income potential and private outdoor space!!! An exceptional opportunity to own a newer construction 2021 multi family property positioned on a rare triple lot parcel in the highly sought after Pelican neighborhood of Cape Coral. Set back toward the center of the expansive property for added privacy, both units enjoy generous outdoor space, privacy, and flexibility for boat, trailer, or recreational equipment storage. The property features substantial saltwater canal frontage with direct access to the Caloosahatchee River and Gulf waters, offering excellent potential for a private dock and a true Southwest Florida boating lifestyle. Both units have been recently updated with luxury waterproof vinyl plank flooring, fresh interior paint, modern bathroom vanities, upgraded lighting, new hardware, and ceiling fans. The property was built to current Florida building codes, offering low maintenance, modern construction compared to older Cape Coral multi family properties. Exterior improvements and features include fresh paint, new gutters, elegant coach lighting, and a sprinkler system utilizing reclaimed water. The rare triple lot configuration allows flexibility for larger fenced yards, outdoor living, or future waterfront enhancementsfeatures highly valued by both tenants and owners. Located in Cape Corals highly desirable Pelican neighborhood, the property is surrounded by attractive homes, quality rentals, and is near parks, marinas, nature preserves, shopping, and dining. Nearby highlights include Rotary Park Environmental Center, Tarpon Point Marina, Pelican Soccer Complex, and Joe Coviello Park. Southwest Floridas world class beachesincluding Fort Myers Beach and Sanibel Islandare within convenient driving distance. Top rated schools and parks add further appeal for families and long term tenants. Previously generating $2,000/unit ($4,000/month total), this income producing Gulf access duplex is ideal for investors or buyers looking to live in one unit and rent the other. With Gulf access, newer construction, a rare triple lot parcel, and high tenant demand, opportunities like this are extremely limited in Cape Coral, making this property a standout investment and lifestyle opportunity.

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  • MLS#: L4960237 ( Residential Income )
  • Street Address: 3520-3524 17th Avenue
  • Viewed: 5
  • Price: $549,000
  • Price sqft: $165
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Canal - Saltwater
  • Year Built: 2020
  • Bldg sqft: 3318
  • Bedrooms: 6
  • Total Baths: 4
  • Garage / Parking Spaces: 2
  • Days On Market: 14

Description

Rare Gulf Access Duplex on a Waterfront, Triple Lot in Pelican Neighborhood2021 construction with $4,000/month rental income potential and private outdoor space!!! An exceptional opportunity to own a newer construction 2021 multi family property positioned on a rare triple lot parcel in the highly sought after Pelican neighborhood of Cape Coral. Set back toward the center of the expansive property for added privacy, both units enjoy generous outdoor space, privacy, and flexibility for boat, trailer, or recreational equipment storage. The property features substantial saltwater canal frontage with direct access to the Caloosahatchee River and Gulf waters, offering excellent potential for a private dock and a true Southwest Florida boating lifestyle. Both units have been recently updated with luxury waterproof vinyl plank flooring, fresh interior paint, modern bathroom vanities, upgraded lighting, new hardware, and ceiling fans. The property was built to current Florida building codes, offering low maintenance, modern construction compared to older Cape Coral multi family properties. Exterior improvements and features include fresh paint, new gutters, elegant coach lighting, and a sprinkler system utilizing reclaimed water. The rare triple lot configuration allows flexibility for larger fenced yards, outdoor living, or future waterfront enhancementsfeatures highly valued by both tenants and owners. Located in Cape Corals highly desirable Pelican neighborhood, the property is surrounded by attractive homes, quality rentals, and is near parks, marinas, nature preserves, shopping, and dining. Nearby highlights include Rotary Park Environmental Center, Tarpon Point Marina, Pelican Soccer Complex, and Joe Coviello Park. Southwest Floridas world class beachesincluding Fort Myers Beach and Sanibel Islandare within convenient driving distance. Top rated schools and parks add further appeal for families and long term tenants. Previously generating $2,000/unit ($4,000/month total), this income producing Gulf access duplex is ideal for investors or buyers looking to live in one unit and rent the other. With Gulf access, newer construction, a rare triple lot parcel, and high tenant demand, opportunities like this are extremely limited in Cape Coral, making this property a standout investment and lifestyle opportunity.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Hurricane Shutters, Lighting, Private Mailbox, Private Yard, Rain Gutters, Sidewalk, Sliding Doors
  • Flooring: Ceramic Tile, Luxury Vinyl
  • Living Area: 2418.00
  • Roof: Shingle
Land Information
  • Lot Features: Oversized Lot, Sidewalk, Paved
School Information
  • High School: Ida S. Baker High School
  • Middle School: Gulf Middle School
  • School Elementary: Gulf Elementary
Garage and Parking
  • Garage Spaces: 2.00
  • Open Parking Spaces: 0.00
  • Parking Features: Driveway, Garage Door Opener, Oversized
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central, Electric
  • Pets Allowed: Yes
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Sprinkler Recycled, Water - Multiple Meters, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Country: US
  • Interior Features: Ceiling Fans(s), High Ceilings, Open Floorplan, Solid Surface Counters, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Legal Description: CAPE CORAL UNIT 70 BLK 4686 PB 22 PG 85 LOT 2 THRU 4
  • Levels: One
  • Area Major: 33914 - Cape Coral
  • Parcel Number: 04-45-23-C2-04686.0020
  • View: Water
  • Zoning Code: RML
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Cape Coral  
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