521 SW 8th Place Cape Coral, FL $ 539,000
521 SW 8th Place
$ 539,000
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521 SW 8th Place

Cape Coral, FL, 33991
$ 539,000
Bedrooms6 Baths4.0 Sq 2,348

Monthly Estimate*

$ 3,723

521 SW 8th Place, Cape Coral, FL 33991 - Image 1
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Multi-Family Home for sale in Cape Coral, FL

for $539,000 with 6 bedrooms and 4 full baths. This 2,348 square foot home was built in 2024 on a lot size of 0.232.

2024-BUILT DUPLEX | INCOME-PRODUCING INVESTMENT OPPORTUNITY IN CAPE CORAL! Discover this newer-construction duplex offering two spacious 3-bedroom, 2-bathroom residences, each featuring approximately 1,174 SF of living space. Built with durable concrete block construction, this 2,348 SF property features modern open-concept floor plans, upgraded interior finishes, private screened lanais, and attached garages. Situated on a 0.23-acre lot in an established Cape Coral neighborhood, the property offers convenient access to Pine Island Road, shopping, restaurants, and everyday amenities. Both units are leased at $2,000 per month, generating $4,000 in monthly gross rental income ($48,000 annually). Individually metered water and electric, tenant-paid utilities, and fully paid utility assessments add to the investment appeal. An excellent opportunity to acquire a newer, income-producing duplex with established rental income in Southwest Florida!

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Multi-Family Active

Price

$ 539,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 8,570

Style

Duplex

Lot Size

0.232

Year Built

2024

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

2026045006

Features
General
Sewer Assessment Paid
Heating Central Electric
Cooling Central Air Ceiling Fan(s) Electric Gas
Utilities Cable 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 2024
Tenant Pays Application Fee Cable TV Electricity Gas Internet Janitorial Service Sewer Trash Collection Water
Property Subtype Duplex
Tax Year 2025
Waterfront Features None
Community Features Non-Gated
HOA Fee 2 0
County Lee
Net Operating Income 28800
Operating Expense 19200
Property Type Residential Income
Subdivision Name CAPE CORAL
Full Baths 4
Status Active
Directions Cape Coral
City Cape Coral
Disclosures Other
Land Lease Amount 0
Zoning Description RML
Number Of Units Total 2
MLS Area CC23 - Cape Coral Unit 28 29 45 62 63 66 68
Lot Size Units Acres
Tax Annual Amount 8570.68
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026045006
Structure Type Duplex
Standard Status Active
Tax Lot 11
Property Sub Type Additional Duplex
Legal Description CAPE CORAL UNIT 68 BLK 4567 PB 23 PG 106 LOTS 11 + 12
HOA Fee 3 0
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Interior
Interior Amenities High Speed Internet
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Window Features Sliding
Total Bedrooms 6
Total Baths 4
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Exterior
Gulf Access false
Exterior Amenities Irrigation Sprinklers Patio
Lot Features Rectangular Lot Sprinklers Automatic
Water Source Assessment Paid Public
Lot Size Area 0.232
Foundation Details Raised
Spa false
Building Area Total 2348
Lot Dimensions 83 x 124 x 83 x 124
Lot Size Acres 0.232
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
Justin Milcetich

Listing Agent

Lsi Companies Inc.

Broker

JMilcetich@LSIcompanies.com

Email

Affordability Calculator

$4,437
Per Month
84%
16%
0%
Monthly Principal & Interest
$3,723
Monthly Property Taxes
$714
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$539,000 Listed Price

Map


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521 SW 8th Place, Cape Coral, FL, 33991 is a Multi-Family Home for sale at $539,000 with 2,348 sqft and a lot size of 0.232. 521 SW 8th Place has 6 bedrooms, 4.0 baths, and was built in 2024. The property's zip code is 33991 which is in Cape Coral, FL