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1006-1008 NE 8th Place Cape Coral, FL $ 499,000
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$ 499,000 Get more info
1006-1008 NE 8th Place
$ 499,000
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1006-1008 NE 8th Place

Cape Coral, FL, 33909
$ 499,000
Bedrooms6 Baths4.0 Sq 2,348

Monthly Estimate*

$ 3,446

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Multi-Family Home for sale in Cape Coral, FL

for $499,000 with 6 bedrooms and 4 full baths. This 2,348 square foot home was built in 2024 on a lot size of 0.23.

2024-BUILT DUPLEX | INCOME-PRODUCING INVESTMENT NEAR PINE ISLAND ROAD! Excellent opportunity to acquire a modern concrete block duplex in Northeast Cape Coral featuring two spacious 3-bedroom, 2-bathroom residences, each offering approximately 1,174 SF. This 2,348 SF property features open-concept floor plans, upgraded interior finishes, private screened lanais, and attached garages. Situated on a 0.23-acre lot with convenient access to Pine Island Road, shopping centers, grocery stores, restaurants, and everyday services. Currently generating $4,060 in monthly gross rental income ($48,720 annually). Individually metered utilities, tenant-paid utility expenses, and fully paid utility assessments further enhance the investment potential. A compelling opportunity for investors seeking newer construction and established rental income in Cape Coral!

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Multi-Family Active

Price

$ 499,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 9,179

Style

Duplex

Lot Size

0.23

Year Built

2024

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

2026045143
Features
General
Sewer Assessment Paid
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 Call Conditional
Year Built 2024
Tenant Pays Application Fee Cable TV Electricity Gas Internet Janitorial Service Sewer
Property Subtype Duplex
Tax Year 2025
Waterfront Features None
Community Features Non-Gated
HOA Fee 2 0
County Lee
Net Operating Income 34300
Operating Expense 14400
Property Type Residential Income
Association Amenities Other
Subdivision Name CAPE CORAL
Full Baths 4
Status Active
Directions Cape Coral
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 9179.31
Property Condition Resale
Structure Type Duplex
Standard Status Active
Tax Lot 24
Property Sub Type Additional Duplex
Legal Description CAPE CORAL UNIT 31 BLK 2052 PB 14 PG 157 LOTS 24 + 25
HOA Fee 3 0
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Interior
Interior Amenities High Speed Internet
Flooring Tile Vinyl
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 Other
Lot Features Rectangular Lot
Water Source Assessment Paid
Lot Size Area 0.23
Spa false
Building Area Total 2348
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
Justin Milcetich

Listing Agent

Lsi Companies Inc.

Broker

JMilcetich@LSIcompanies.com

Email

Affordability Calculator

$4,211
Per Month
82%
18%
0%
Monthly Principal & Interest
$3,446
Monthly Property Taxes
$765
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/4/2026$499,000 Listed Price

Map

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1006-1008 NE 8th Place, Cape Coral, FL, 33909 is a Multi-Family Home for sale at $499,000 with 2,348 sqft and a lot size of 0.23. 1006-1008 NE 8th Place has 6 bedrooms, 4.0 baths, and was built in 2024. The property's zip code is 33909 which is in Cape Coral, FL

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