1020/1022 NE 8th Place Cape Coral, FL $ 425,000
1020/1022 NE 8th Place
$ 425,000
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1020/1022 NE 8th Place

Cape Coral, FL, 33909
$ 425,000
Bedrooms6 Baths4.0 Sq 2,418

Monthly Estimate*

$ 2,617

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Multi-Family Home for sale in Cape Coral, FL

for $425,000 with 6 bedrooms and 4 full baths. This 2,418 square foot home was built in 2020 on a lot size of 0.23.

PERFECT FOR BOTH HOMEOWNERS AND INVESTORS ALIKE. Newer construction duplex built in 2020, featuring 3 bedrooms and 2 bathrooms on each side. Each unit offers a spacious open-concept layout, perfect for comfortable living and entertaining. TOTALLY TILED*** The property is FULLY FENCED, providing added privacy and security. Ideally located near convenience stores, shopping centers, dining, and everyday essentials. Schedule your tour today!******Unit 1020 has already been leased with an effective move-in date of May 23rd at a monthly rental rate of $1,600 — a great indication of the strong appeal and desirability of these units. Unit 1022 is currently available for showings and offers the exact same layout, features, and excellent condition as Unit 1020. Both units have been exceptionally maintained and are truly move-in ready. To respect the privacy and comfort of our current tenant, showings for Unit 1020 will only be scheduled once an accepted contract is in place. However, Unit 1022 is fully available for viewing. As an added benefit, the owner takes care of lawn maintenance, providing extra convenience and peace of mind for tenants.Excellent investment opportunity. Seller intends to complete a Section 1031 Tax Deferred Exchange at no cost or liability to Buyer. Buyer agrees to cooperate with Seller and Seller’s Qualified Intermediary in completing the exchange. Property is ideal for investors seeking strong rental potential and long-term appreciation.

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Multi-Family Active

Price

$ 425,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 9,845

Style

Duplex

Lot Size

0.23

Year Built

2020

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

2026018800

Features
General
Sewer Assessment Unpaid Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Available
Possession Close Of Escrow
Roof Shingle
HOA Fee 0
Architectural Style Duplex
Construction Materials Block Concrete Stucco
Pets Allowed Yes
Year Built 2020
Tenant Pays Electricity Pest Control Sewer Telephone Water
Property Subtype Duplex
Tax Year 2025
Waterfront Features None
Community Features None
HOA Fee 2 0
County Lee
Net Operating Income 24355
Operating Expense 14045
Property Type Residential Income
Association Amenities None
Subdivision Name CAPE CORAL
Full Baths 4
Status Active
Directions GPS
City Cape Coral
Land Lease Amount 0
Zoning Description RML
Number Of Units Total 2
MLS Area CC31 - Cape Coral Unit 17 31-36
Lot Size Units Acres
Tax Annual Amount 9845.95
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026018800
Structure Type Duplex
Standard Status Active
Tax Lot 39
Property Sub Type Additional Duplex
Legal Description CAPE CORAL UNIT 31 BLK 2051 PB 14 PG 157 LOTS 39 + 40
HOA Fee 3 0
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Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Hung
Total Bedrooms 6
Total Baths 4
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Exterior
Exterior Amenities Fence
Lot Features Rectangular Lot
Water Source Assessment Unpaid Public
Lot Size Area 0.23
Spa false
Building Area Total 2418
Lot Dimensions 80 x 125 x 80 x 125
Lot Size Acres 0.23
Private Pool false
Lot Size Source Appraiser
Waterfront Y/N false
Covered Spaces 0
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Sasha Ruiz Lopez

Listing Agent

Mirimar Real Estate & Invest

Broker

sasha@mirimarproperties.com

Email

Affordability Calculator

$3,437
Per Month
76%
24%
0%
Monthly Principal & Interest
$2,617
Monthly Property Taxes
$820
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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/11/2026$425,000 Listed Price

Map


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1020/1022 NE 8th Place, Cape Coral, FL, 33909 is a Multi-Family Home for sale at $425,000 with 2,418 sqft and a lot size of 0.23. 1020/1022 NE 8th Place has 6 bedrooms, 4.0 baths, and was built in 2020. The property's zip code is 33909 which is in Cape Coral, FL