507/509 SW 8th PL Open House Save Request In-Person Tour Request Virtual Tour
Cape Coral,FL 33991
OPEN HOUSE
Sat Aug 16, 12:00pm - 2:00pm
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Cape Coral
MLS Listing ID 2025003102
Bedrooms 6
Full Baths 4
Year Built 2021
Annual Tax Amount $9,302
Tax Year 2024
Lot Size 10,105 Sqft
Property Sub-Type Duplex
Property Description
This well-maintained duplex, built in 2021, offers excellent rental income potential, estimated at around $52,800 per year with both units rented. It's located in a growing and desirable neighborhood with easy access to Pine Island Road, shopping, dining, and everyday conveniences. One unit is currently tenant-occupied, generating immediate income of $2,200 per month from a great long-term tenant. The other unit was recently vacated by another long-term tenant who also paid $2,200 monthly, and it's now ready for a new tenant or an owner-occupant. One side is available for immediate occupancy and is easy to show. Washer and dryer are included in each unit. The property is not in a flood zone, so no flood insurance is required. Both units come equipped with manual hurricane shutters and automatic sprinklers. Inside, each unit features tile flooring throughout, a spacious kitchen with an island, a screened-in lanai, and a fully fenced backyard, perfect for privacy and outdoor enjoyment. Whether you're looking to expand your rental portfolio or live in one side while renting out the other, this duplex is a smart move in an up-and-coming area
Location
State FL
County Lee
Area Cc23 - Cape Coral Unit 28,29,45,62,63,66,68
Zoning MR
Interior
Heating Central Electric
Cooling Ceiling Fan(s),Central Electric
Flooring Tile
Exterior
Exterior Feature Sprinkler Auto
Fence Fenced
Community Features None,Non-Gated
Utilities Available Cable Available
Waterfront Description None
Roof Type Shingle
Building
Lot Description Regular
Sewer Assessment Paid,Central
Water Assessment Paid,Central
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