521 SW 8th Place | Cape Coral, FL Multifamily Property For Sale

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$499,000
168 Days On Site

521 SW 8th Place
Cape Coral, FL 33991

For Sale|Duplex|Active
6
Beds
4
Total Baths
4
Full Baths
2,348
SqFt
$213
/SqFt
2024
Built
Subdivision:
CAPE CORAL
County:
Lee
Call Now: (612) 961-5858
Is this the listing for you? We can help make it yours.
(612) 961-5858
521 SW 8th Place521 SW 8th Place521 SW 8th Place521 SW 8th Place
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2024-BUILT DUPLEX | INCOME-PRODUCING INVESTMENT OPPORTUNITY IN CAPE CORAL! Discover this newer-construction duplex offering two spacious 3-bedroom, 2-bathroom residences, each featuring approximately 1,174 SF of living space. Built with durable concrete block construction, this 2,348 SF property features modern open-concept floor plans, upgraded interior finishes, private screened lanais, and attached garages. Situated on a 0.23-acre lot in an established Cape Coral neighborhood, the property offers convenient access to Pine Island Road, shopping, restaurants, and everyday amenities. Both units are leased at $2,000 per month, generating $4,000 in monthly gross rental income ($48,000 annually). Individually metered water and electric, tenant-paid utilities, and fully paid utility assessments add to the investment appeal. An excellent opportunity to acquire a newer, income-producing duplex with established rental income in Southwest Florida!

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Listing Snapshot
Price 
$499,000
Days On Site 
168 Days
Bedrooms 
6
Inside Area (SqFt) 
2,348 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.232 Acres
Year Built 
2024
MLS Number 
2026045006
Status 
Active
Property Tax 
$8,570.68
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
15 hours agoPrice changed to $499,000
15 hours agoListing updated with changes from the MLS
a week agoStatus changed to Active
6 months agoListing first seen on site
General Features
Acres 
0.232
Disclosures 
Other
Foundation 
Raised
Pets 
Call
Property Sub Type 
Duplex
SqFt Total 
2348
Style 
Duplex
Utilities 
Cable Available
Water Source 
Public
Zoning 
RML
Interior Features
Cooling 
Central AirCeiling Fan(s)ElectricGas
Flooring 
Tile
Heating 
CentralElectric
Interior 
High Speed Internet
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Exterior Features
Construction Details 
BlockConcreteStucco
Lot Features 
Rectangular Lot
Patio And Porch 
Patio
Roof 
Shingle
Community Features
MLS Area 
CC23 - Cape Coral Unit 28,29,45,62,63,66,68
Financing Terms Available 
CashFHAOwner May CarryVA Loan
Listing courtesy of LSI Companies Inc.


The data relating to real estate for sale on this website comes in part from the Florida Gulf Coast MLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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