502 NE 5th PL, Cape Coral, FL 33909 — MLS photo

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502 NE 5th PL, Cape Coral, FL 33909

Active · SingleFamilyResidence

$595,000

502 NE 5th PL, Cape Coral, FL 33909

Beds
4
Baths
3
Living area
— sq ft
$ / sq ft
—
Year built
2026
Lot size
—
HOA fee
—
Annual tax
$1,260

About this property

Emma Model | New Construction Pool Home in Cape Coral. Located in one of the fastest-growing areas of Cape Coral, this newly constructed 4-bedroom, 3-bathroom pool home offers 2,073 sq ft under air with a functional split floor plan designed for modern Southwest Florida living. The open-concept layout seamlessly connects the kitchen, dining, and living areas, creating a bright and inviting atmosphere ideal for both everyday living and entertaining. The centrally positioned kitchen features generous counter space and overlooks the main living area and covered lanai. The private primary suite includes dual vanities, a walk-in shower, and a spacious custom walk-in closet. One guest bedroom offers direct access to a full bathroom, providing an ideal setup for guests or multi-generational living, while two additional bedrooms and a third full bath offer flexibility for a home office, gym, or growing household. Step outside to enjoy the Florida lifestyle with a covered lanai and private pool designed for year-round enjoyment. Additional features include oversized porcelain tile flooring, impact windows and doors, modern finishes, dedicated interior laundry room, and a 2-car garage. Not located in a flood zone and no outstanding assessments. City water and sewer are in place, features many buyers prioritize when purchasing in Cape Coral. Move-in ready and thoughtfully designed to maximize comfort, functionality, and style.

Property location

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502 NE 5th PL, Cape Coral, FL 33909

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Facts & features

Interior

Bedrooms
4
Bathrooms
3
Flooring
Tile
Appliances
Dishwasher, Electric Range, Refrigerator
Cooling
Central Air, Ceiling Fans, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, First Floor Entry

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2026
Architectural style
Detached, One Story
Roof
Shingle
Construction
Block
Exterior features
Patio, Security High Impact Doors
Pool
In Ground, Pool
Waterfront
Canal Access
View
Garden, Water

Parking

Garage spaces
2
Covered spaces
2
Parking features
Driveway, Garage Door Opener

HOA, Community & Financials

Pets allowed
No, Yes
Annual tax
$1,260
Subdivision
Cape Coral
County
Lee
Days on market
161
MLS listing ID
A12017859
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$327

Cap rate
5.0%
Net yield
5.0%
Cash-on-cash return
-2.4%
Gross yield
6.6%
Mortgage payment
$2,821/mo
Down payment
$148,750
Loan amount
$446,250
Annual NOI
$29,923

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.