541 SE 8th TER #1 Active Save Request In-Person Tour Request Virtual Tour
Cape Coral,FL 33990
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Cape Coral
MLS Listing ID 225040575
Bedrooms 6
Full Baths 4
Year Built 1979
Annual Tax Amount $7,311
Tax Year 2024
Lot Size 10,497 Sqft
Property Sub-Type Duplex
Property Description
Turnkey Duplex Investment Opportunity in SE Cape Coral!
Welcome to 541 SE 8th Terrace – a well-maintained duplex featuring two spacious 3-bedroom, 2-bathroom units in the heart of Cape Coral. This income-producing property offers strong rental potential with each unit boasting tile flooring, open floor plans, and private laundry areas. Located on a corner lot with city water & sewer in place, this duplex is minutes from shopping, dining, and schools, making it attractive to long-term tenants.
Whether you're an investor looking to expand your portfolio or a homeowner seeking to live in one unit while renting the other, this property delivers flexibility, stability, and value. Projected gross rental income: $42,000 annually. No HOA, no flood zone, and strong upside potential in a growing rental market!
Don't miss this opportunity to own a ready-to-go duplex in one of Southwest Florida's fastest-growing cities.
Location
State FL
County Lee
Area Cc14 - Cape Coral Unit 16,18,22-
Zoning R3-D
Interior
Heating Central Electric
Cooling Central Electric
Flooring Other
Exterior
Exterior Feature None
Community Features None,Non-Gated
Utilities Available Cable Available
Waterfront Description None
Roof Type Shingle
Building
Lot Description Corner Lot
Sewer Assessment Paid
Water Assessment Paid
Structure Type Concrete Block,Stucco
New Construction No
Others
Acceptable Financing Buyer Finance/Cash,FHA,VA Loan
Listing Terms Buyer Finance/Cash,FHA,VA Loan