707 SE Van Loon Terrace Cape Coral, FL $ 429,000
707 SE Van Loon Terrace
$ 429,000
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707 SE Van Loon Terrace

Cape Coral, FL, 33990
$ 429,000
Bedrooms6 Baths4.0 Sq 2,598

Monthly Estimate*

$ 2,963

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Multi-Family Home for sale in Cape Coral, FL

for $429,000 with 6 bedrooms and 4 full baths. This 2,598 square foot home was built in 2002 on a lot size of 0.23.

Investors, this one checks every box. This duplex offers two 3-bed, 2-bath units with a very strong rental history and zero vacancy. Both sides are on long-term leases at $1,650 a month each, bringing in $39,600 in gross annual rent. Each unit has its own garage, which tenants love and which helps keep turnover low. The big-ticket items are already done: new roof, AC, and water heaters in 2021, so you can add this to your portfolio without worrying about major expenses for years to come. Whether you’re growing your rental portfolio or looking to live in one side and let the other help pay the mortgage, this property is ready to produce from day one. Opportunities with this kind of track record don’t last long, so schedule your showing today!

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Multi-Family Active

Price

$ 429,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 7,765

Style

Duplex

Lot Size

0.23

Year Built

2002

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

2026044908

Features
General
Sewer Assessment Paid
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Not Available
Possession Close Of Escrow
Roof Shingle
HOA Fee 0
Patio/Porch Features Patio
Architectural Style Duplex
Construction Materials Block Concrete Stucco
Pets Allowed Call Conditional
Year Built 2002
Tenant Pays Application Fee
Property Subtype Duplex
Tax Year 2025
Waterfront Features None
Community Features Non-Gated None
HOA Fee 2 0
County Lee
Net Operating Income 27600
Operating Expense 0
Property Type Residential Income
Association Amenities None
Subdivision Name CAPE CORAL
Full Baths 4
Status Active
Directions Go west on N Pine island rd. turn left onto cultural park blvd N. Duplex is on right of street.
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 7765.33
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026044908
Structure Type Duplex
Standard Status Active
Tax Lot 40
Property Sub Type Additional Duplex
Legal Description CAPE CORAL UNIT 23 BLK 1108 PB 14 PG 51 LOTS 40 + 41
HOA Fee 3 0
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Interior
Flooring Carpet Tile
Air Conditioning Y/N true
Heating Y/N true
Window Features Other
Total Bedrooms 6
Total Baths 4
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Exterior
Gulf Access false
Exterior Amenities Patio
Lot Features Rectangular Lot
Water Source Assessment Paid
Lot Size Area 0.23
Spa false
Building Area Total 2598
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 Features
List By
Jason Calamela

Listing Agent

Starlink Realty, Inc

Broker

jcalamela06@gmail.com

Email

Affordability Calculator

$3,610
Per Month
82%
18%
0%
Monthly Principal & Interest
$2,963
Monthly Property Taxes
$647
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/26/2026$429,000 Listed Price

Map


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707 SE Van Loon Terrace, Cape Coral, FL, 33990 is a Multi-Family Home for sale at $429,000 with 2,598 sqft and a lot size of 0.23. 707 SE Van Loon Terrace has 6 bedrooms, 4.0 baths, and was built in 2002. The property's zip code is 33990 which is in Cape Coral, FL