3520/3524 SW 17TH AVENUE

$544,000

$225/sq ft

$5,000
Price Decreased

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Overview

Bedroom

6

Year Built

2020

Garage

2

Sqft

2418

Property Type

Duplex

Property Description

Rare Gulf-Access Duplex on a Waterfront, Triple-Lot in Pelican Neighborhood—2021 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 new luxury waterproof vinyl plank flooring, fresh interior paint, new modern bathroom vanities, upgraded lighting, ceiling fans and hardware. 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 enhancements—features highly valued by both tenants and owners. Located in Cape Coral’s 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 Florida’s world-class beaches—including Fort Myers Beach and Sanibel Island—are 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.

Property Details

MLS#

L4960237

Garage

2

Address

3520/3524 17TH SW

City

Cape Coral

State/county

FL

Zip/Postal Code

33914

Area

Cape Coral

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$11,432

Maint Fee

$--

Tax Year

2025

Dishwasher

Disposal

Electric Water Heater

Microwave

Range

Refrigerator

Water

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