702-704 SE 8th Terrace, Cape Coral, FL 33990
Local realty services provided by:CENTURY 21 Selling Paradise
702-704 SE 8th Terrace,Cape Coral, FL 33990
$550,000
- 6 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: mari ruiz vallejo
Office: panther realty llc.
MLS#:2026027632
Source:FL_GFMB
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Price summary
- Price:$550,000
About this home
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....
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Home facts
- Year built:2024
- Subdivision & Development:CAPE CORAL
- Listing ID #:2026027632
- Added:45 day(s) ago
- Updated:August 09, 2026 at 06:39 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Vinyl
Heating and cooling
- Cooling:Ceiling Fans, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:2024
- Architectural Style:One Story, Ranch
- Construction Materials:Block, Concrete, Stucco
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$550,000
- Tax amount:$8,249 (2025)
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