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Cape Coral, FL 33991,507/509 SW 8th PL
Cape Coral, FL 33991,507/509 SW 8th PL
Cape Coral, FL 33991,507/509 SW 8th PL
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$575,000
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6 Beds
4 Baths
10,105 Sqft Lot
Open Thu 5PM-7PM

507/509 SW 8th PL Cape Coral, FL 33991

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Kristen Wright

Kristen Wright

+1(239) 272-1903

OPEN HOUSE

Thu Aug 14, 5:00pm - 7:00pm

Sat Aug 16, 12:00pm - 2:00pm

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Cape Coral

MLS Listing ID 2025003102

Style Resale Property

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 2021

Annual Tax Amount $9,302

Tax Year 2024

Lot Size 10,105 Sqft

Acres 0.232

Property Sub-Type Duplex

Source Florida Gulf Coast

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. The vacant side 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 Cape Coral

Zoning MR

Interior

Heating Central Electric

Flooring Tile

Fireplace No

Heat Source Central Electric

Exterior

Fence Fenced

Amenities Available None

Waterfront Description None

Roof Type Shingle

Street Surface Paved

Garage No

Private Pool No

Building

Lot Description Regular

Water Assessment Paid, Central

Architectural Style Duplex

Structure Type Concrete Block,Stucco

New Construction No

Others

Pets Allowed Yes

Senior Community No

Tax ID 15-44-23-C3-04567.0170

SouthWest Florida Naples MLS (NABOR)
Listed by EXP Realty LLC • Mason White

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agent

Kristen Wright

Founder and Realtor | slSL3314686

+1(239) 272-1903

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507/509 SW 8th PL