541 SE 8th TER #1 Cape Coral, FL 33990
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,300 sqft
Price per Sqft $191
Subdivision Cape Coral
MLS Listing ID 225040575
Style Duplex
Bedrooms 6
Full Baths 4
Construction Status Resale
HOA Y/N No
Year Built 1979
Annual Tax Amount $7,311
Tax Year 2024
Lot Size 10,497 Sqft
Acres 0.241
Lot Dimensions Appraiser
Property Sub-Type Duplex
Property Description
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
Community Cape Coral
Area Cc14 - Cape Coral Unit 16, 18, 22-
Rooms
Bedroom Description NaN
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Other
Fireplace No
Window Features Other
Exterior
Exterior Feature None
Community Features Non- Gated
Utilities Available Cable Available
Amenities Available None
Waterfront Description None
Water Access Desc Assessment Paid
Roof Type Shingle
Garage No
Private Pool No
Building
Lot Description Corner Lot
Dwelling Type Duplex
Sewer Assessment Paid
Water Assessment Paid
Architectural Style Duplex
Structure Type Block,Concrete,Stucco
Construction Status Resale
Others
Pets Allowed Yes
Senior Community No
Tax ID 24-44-23-C2-01153.0270
Acceptable Financing All Financing Considered, Cash, FHA, VA Loan
Listing Terms All Financing Considered, Cash, FHA, VA Loan
Pets Allowed Yes
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