541 SE 8th Terrace Cape Coral, FL $ 400,000
541 SE 8th Terrace
$ 400,000
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541 SE 8th Terrace

Cape Coral, FL, 33990
$ 400,000
Bedrooms6 Baths4.0 Sq 2,300

Monthly Estimate*

$ 2,463

541 SE 8th Terrace, Cape Coral, FL 33990 - Image 1
541 SE 8th Terrace, Cape Coral, FL 33990 - Image 2

Multi-Family Home for sale in Cape Coral, FL

for $400,000 with 6 bedrooms and 4 full baths. This 2,300 square foot home was built in 1979 on a lot size of 0.241.

Investor Opportunity in Cape Coral! This duplex offers great potential as a cash-flowing asset. Property is being sold as a potential short sale. Recent updates include a new roof (2023) and prior renovations completed before the current ownership, making it a solid value-add opportunity. Solar panels are not transferable and will be paid off at closing, giving the new owner peace of mind with no additional loan obligations. Conveniently located near shopping, dining, and schools, this property is perfect for an investor looking to expand their portfolio in a high-demand rental market.

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Multi-Family Pending

Price

$ 400,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 7,311

Style

Duplex

Lot Size

0.241

Year Built

1979

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

225040575

Features
General
Sewer AssessmentPaid
Heating Central Electric
Cooling CentralAir Electric
Utilities CableAvailable
Possession CloseOfEscrow
Roof Shingle
HOA Fee 0.0
Architectural Style Duplex
Construction Materials Block Concrete Stucco
Pets Allowed Yes
Year Built 1979
Tenant Pays SeeRemarks
Property Subtype Duplex
Tax Year 2024
Development Name CAPE CORAL
Waterfront Features None
Community Features NonGated
HOA Fee 2 0.0
County Lee
Net Operating Income 25800.0
Operating Expense 10200.0
New Construction N
Property Type ResidentialIncome
Association Amenities None
HOA N
Attached Garage N
Contingency Sale of Home
Subdivision Name CAPE CORAL
Garage Y/N N
Full Baths 4
Status Pending
City Cape Coral
Land Lease Amount 0.0
Senior Community Y/N N
Zoning Description R3-D
Number Of Units Total 2
MLS Area CC14 - Cape Coral Unit 16 18 22-
Lot Size Units Acres
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 7311.33
Home Warranty Y/N N
Property Condition Resale
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Duplex
Standard Status Pending
Tax Lot 27
Property Sub Type Additional Duplex
Legal Description CAPE CORAL UNIT 24 BLK 1153 PB 14 PG 77 LOTS 27 + 28
HOA Fee 3 0.0
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Exterior
Exterior Amenities None
Lot Features CornerLot
Water Source AssessmentPaid Assessment Paid
Lot Size Area 0.241
Horses N
Spa N
Irrigation/Water Rights N
Building Area Total 2300.0
Lot Dimensions 125 x 85 x 125 x 85
Lot Size Acres 0.241
Private Pool N
Lot Size Source Appraiser
Waterfront Y/N N
Covered Spaces 0.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Flooring Other
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Other
Fireplace Y/N N
Total Bedrooms 6
Total Baths 4
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* Excluded Features
List By
Eduardo Linares

Listing Agent

Ace Realty & Associates, Llc

Broker

eduardo@acerealtyassociates.com

Email

Affordability Calculator

$3,072
Per Month
80%
20%
0%
Monthly Principal & Interest
$2,463
Monthly Property Taxes
$609
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1023546 Elementary School
1023297 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/21/2025$400,000 -9.07% Price Down
4/22/2025$439,900 Listed Price

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541 SE 8th Terrace, Cape Coral, FL, 33990 is a Multi-Family Home for sale at $400,000 with 2,300 sqft and a lot size of 0.241. 541 SE 8th Terrace has 6 bedrooms, 4.0 baths, and was built in 1979. The property's zip code is 33990 which is in Cape Coral, FL