523/525 SE Van Loon Terrace
Cape Coral, FL, 33990 $ 359,900
Bedrooms4 Baths2.0 Sq 885 Monthly Estimate*
$ 2,272
for $359,900 with 4 bedrooms and 2 full baths. This 885 square foot home was built in 1984 on a lot size of 0.23.
Whether you're looking to expand your investment portfolio or add a property with immediate rental income, this centrally located duplex is an outstanding opportunity! Each unit offers 2 bedrooms, 1 bathroom, approximately 885 square feet, and separate outdoor patio space, providing flexibility for both long-term and short-term rental possibilities where permitted. The property features a newer shingle roof installed in 2022 and paved parking for up to four vehicles. Unit 523 is currently leased to a long-term tenant, providing immediate income. This unit features tile flooring throughout, granite countertops, wood cabinetry, washer and dryer hookups, central A/C, ceiling fans, and a spacious patio. The kitchen includes a refrigerator, range, microwave and washer/dryer hook-ups. Unit 525 was tastefully remodeled in 2024 and is being offered turnkey furnished. Updates include quartz countertops, wood cabinetry, new light fixtures, an updated bathroom with luxury vinyl flooring, vanity, toilet, medicine cabinet, and tub surround. Additional features include a washer and dryer, keyless entry, Ring doorbell, exterior security camera, central A/C, ceiling fans, and a private patio. The kitchen is equipped with a refrigerator, range, and microwave. Conveniently located near Pine Island Road, this duplex offers easy access to shopping, dining, schools, parks, medical facilities, and major roadways. With one furnished, updated unit and one income-producing long-term rental already in place, this property offers an excellent opportunity for investors seeking a well-maintained, low-maintenance addition to their portfolio. Inventory List attached in supplements along with other disclosures. Call today and start investng in your future or add to your portfolio!
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FeaturesGeneralSewer Assessment Paid Public Sewer
Heating Central Electric
Cooling Central Air Ceiling Fan(s) Electric
Utilities Cable Available
Possession Close Of Escrow
Roof Shingle
HOA Fee 0
Patio/Porch Features Patio
Architectural Style Ranch One Story Duplex
Construction Materials Block Concrete Stucco
Pets Allowed Yes
Year Built 1984
Tenant Pays Application Fee Credit Check Cable TV Departure Cleaning Electricity Sewer Trash Collection Water
Stories Count 1
Property Subtype Duplex
Tax Year 2025
Waterfront Features None
Community Features None
HOA Fee 2 0
County Lee
Net Operating Income 25700
Operating Expense 28460
Property Type Residential Income
Association Amenities None
Subdivision Name CAPE CORAL
Full Baths 2
Status Active
City Cape Coral
Land Lease Amount 0
Zoning Description RML
Number Of Units Total 1
MLS Area CC14 - Cape Coral Unit 16 18 22-
Lot Size Units Acres
Tax Annual Amount 5304.82
Property Condition Resale
Virtual Tour https://lacasatour.com/property/525-se-van-loon-terrace-cape-coral-fl-33990-1/ub
Structure Type Duplex
Standard Status Active
Tax Lot 11
Property Sub Type Additional Duplex
Legal Description CAPE CORAL UNIT 23 BLK 1108 PB 14 PG 51 LOTS 11 + 12
HOA Fee 3 0
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InteriorFlooring Tile
Air Conditioning Y/N true
Heating Y/N true
Window Features Single Hung Sliding
Half Baths 0
Total Bedrooms 4
Total Baths 2
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ExteriorExterior Amenities Patio
Lot Features Rectangular Lot
Water Source Assessment Paid Public
Lot Size Area 0.23
Spa false
Building Area Total 885
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
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* Excluded FeaturesList ByRealmark Realty Group Ii LlcBroker
admin@realmarkrealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,272
- Monthly Property Taxes
- $442
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 $499,667
Percent of Sale Price 39%
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.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/3/2026 | $359,900 | | Listed Price |