$550,000
$550,000
Est. payment /mo
6 Beds
4 Baths
2,474 SqFt
Sold on 07/22/2026
702-704 SE 8th TER Cape Coral, FL 33990
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Key Details
Sold Price $550,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,474 sqft
Price per Sqft $222
Subdivision Cape Coral
MLS Listing ID 2026027632
Style Resale Property
Bedrooms 6
Full Baths 4
Year Built 2024
Annual Tax Amount $8,249
Tax Year 2025
Lot Size 0.280 Acres
Property Sub-Type Duplex
Property Description
Welcome to a fully leased, cash-flowing duplex on a desirable corner lot in Cape Coral, now offering a rare 3.75% interest rate buydown for qualified buyers. This turnkey property is generating over $1,000 in monthly cash flow with both sides occupied by quality tenants, delivering immediate returns with zero vacancy concerns. Built in 2024, each side offers 1,237 square feet of living space with 3 bedrooms, 2 full bathrooms, and an attached 1-car garage. The corner lot location provides enhanced curb appeal, extra yard space, and better natural light, making these units highly desirable to current and future tenants. With both sides already leased and generating strong cash flow, this property offers true passive income from day one. As newer construction, you'll benefit from minimal maintenance needs and years of reliable performance ahead. This is your opportunity to acquire a turnkey, cash-flowing investment with quality tenants in place and financing that makes the numbers work beautifully. Perfect for 1031 exchange buyers, portfolio builders, or first-time investors.
Location
State FL
County Lee
Community Non-Gated
Area Cape Coral
Zoning RML
Interior
Heating Central Electric
Flooring Vinyl
Exterior
Amenities Available None
Waterfront Description None
Roof Type Shingle
Building
Lot Description Oversize
Water Central
Structure Type Concrete Block,Stucco
New Construction No
Listed by Panther Realty LLC • Mari Ruiz Vallejo
Bought with Panther Realty LLC
Bought with Panther Realty LLC
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