1720 SW 33rd Terrace
Cape Coral, FL, 33914 $ 480,000
Bedrooms4 Baths4.0 Monthly Estimate*
$ 2,995
for $480,000 with 4 bedrooms and 4 full baths. This home was built in 1994 on a lot size of 0.373.
Welcome to 1716/1720 SW 33rd Terrace, a meticulously maintained duplex located in one of Cape Coral’s most sought-after neighborhoods. Built in 1994 and situated on a generous 16,248 sq ft lot, this income-producing property features two spacious units, each offering 2 bedrooms, 2 bathrooms, private garages, and individual entrances—ideal for owner-occupants, investors, or multi-generational living. Each unit boasts a comfortable, open-concept layout with tile flooring throughout, functional kitchens, large living areas, in-unit laundry, and ample storage. Impact-resistant windows and a durable shingle roof provide both safety and long-term value. The exterior includes a clean stucco finish, a full auto-sprinkler system, and generous driveways leading to attached garages. Currently, units are leased at $2,295/month, generating immediate cash flow. There is also a beautiful, concrete below ground pool in that back that has a small fence surrounding and seperate enclosed back lanais. Located in the heart of Southwest Cape Coral, this property is just minutes from shopping centers, waterfront dining, parks, and the Gulf-access marinas that make the area so desirable. Families will appreciate proximity to top-rated local schools such as Gulf Elementary, Gulf Middle, and Ida S. Baker High School. With well-maintained neighboring homes and quick access to Cape Coral Parkway, this location combines peace, prestige, and convenience. Walking distance to Gulf Elementary and middle! Whether you're looking to grow your portfolio or secure a low-maintenance investment with strong rental potential, 1716/1720 SW 33rd Terrace is the complete package. This is Cape Coral living—and earning—at its finest. Property has a new roof and was remodeled completely on the interior a couple years ago! Motivated Seller!
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FeaturesGeneralSewer AssessmentPaid
Heating Central Electric
Cooling CentralAir Electric
Utilities CableAvailable
Possession CloseOfEscrow
Roof Shingle
HOA Fee 0.0
Architectural Style Duplex
Pool Features InGround
Construction Materials Block Concrete Stucco
Pets Allowed Yes
Year Built 1994
Tenant Pays ApplicationFee CreditCheck DepartureCleaning Electricity Internet
Property Subtype Duplex
Tax Year 2024
Development Name CAPE CORAL
Waterfront Features None
HOA Fee 2 0.0
County Lee
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type ResidentialIncome
Association Amenities None
HOA N
Attached Garage N
Subdivision Name CAPE CORAL
Garage Y/N N
Full Baths 4
Status Active
City Cape Coral
Disclosures OwnerHasFloodInsurance OwnerIsListingAgent
Land Lease Amount 0.0
Senior Community Y/N N
Zoning Description R3-D
MLS Area CC22 - Cape Coral Unit 69 70 72-
Lot Size Units Acres
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 6302.96
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
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2025003742
Structure Type Duplex
Standard Status Active
Tax Lot 3
Property Sub Type Additional Duplex
Legal Description CAPE CORAL UNIT 70 BLK 4721 PB 22 PG 87 LOT 3 THRU 5
HOA Fee 3 0.0
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ExteriorExterior Amenities Fence
Lot Features OversizedLot
Water Source AssessmentPaid Assessment Paid
Lot Size Area 0.373
Horses N
Spa N
Irrigation/Water Rights N
Building Area Total 0.0
Lot Dimensions 125 x 130 x 130 x 125
Lot Size Acres 0.373
Private Pool Y
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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InteriorFlooring Laminate
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features SingleHung
Fireplace Y/N N
Total Bedrooms 4
Total Baths 4
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* Excluded FeaturesList ByNick RinellaListing Agent
The Landmark Group Swfl LlcBroker
nick.rinella@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,995
- Monthly Property Taxes
- $525
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% 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.
Learn more about how to save NearbyMulti-family listings in Cape Coral, FL
Average List Price $549,191
Percent of Sale Price 14%
About Cape Coral, FL 184,744 Population
76% Since 2002
$ 54,021 Median Income
44.67 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
1023546 Elementary School
1023297 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/30/2025 | $480,000 | | Listed Price |