515 Santa Barbara Pl

OVERSIZED LUXURY DUPLEX | POOL | 3 BEDROOMS PER SIDE | 2-CAR GARAGE EACH SIDE | NOT IN A FLOOD ZONE A truly unique opportunity in Cape Coral! This oversized, exceptionally well-maintained duplex has been owned by the original owner since new and lovingly maintained, making it an outstanding option for an investor, multi-generational family, or owner-occupant looking to generate rental income. Each spacious residence offers approximately 1,800 sq. ft. of living area with 3 bedrooms, 2 bathrooms, and its own 2-car garage. Cathedral ceilings and oversized porcelain tile create a bright, open feel, while a bonus room off the kitchen provides additional flexible living space. Each side includes a full complement of appliances plus a separate utility room with washer, dryer, and utility sink. The possibilities are exceptional: live in one side and rent the other, create a two-family or extended-family setup, or explore its potential as a vacation rental investment. Both residences are currently occupied by long-term tenants. Major improvements include a new roof in 2024 with 25-year shingles, exterior and interior painting, lush front and rear landscaping with irrigation, and 52-gallon water heaters. The outdoor living area sets this duplex apart. Enjoy a SCREENED-IN POOL and spacious lounging area, with the pool recently refinished and tiled and is serviced by a separate electric meter. Each side has its own private garage and living space while sharing an impressive resort-style outdoor setting. Both units currently rent for approximately $2,300 per month, offering immediate income potential. Located on an oversized three-lot site and not in a designated flood zone, this is a rare combination of space, condition, flexibility, and income potential. Whether you’re looking for an investment, multi-generational living, or the opportunity to live on one side while your tenant helps offset your expenses, this property deserves a closer look. Schedule your private showing today!