521 SW 8th Place, Cape Coral, FL 33991

$539,000
6
BD
4
BA
2,348
SqFt

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List Price
$539,000
Listing Price
$539,000
Days on Market
1
MLS#
2026045006
Development
Cape Coral
Development Name
Cape Coral
Building Design
Duplex
County
Lee
Region
CC23 - Cape Coral Unit 28,29,45,62,63,66,68
Subdivision
Cape Coral
Year Built
2024

Property Description

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!

Additional Information

Units
2
Bathrooms
4
Approximate Living Area
2,348
Building Description
Duplex
Lot Size
0.232
Construction
Block, Concrete, Stucco
Exterior Features
Irrigation Sprinklers, Patio
Water
Assessment Paid, Public
Sewer
Assessment Paid
Cooling
Central Air, Ceiling Fan(s), Electric, Gas
Waterfront Description
None
Community Type
Non-Gated

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Listing courtesy of LSI Companies Inc..