BEDS6
BATHS4 full
MLS#2026027632
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCAPE CORAL
Property Description
Welcome to a fully leased, cash-flowing duplex on a desirable corner lot in Cape Coral, now offering a rare 3.75% interest rate buydown for qualified buyers. This turnkey property is generating over $1,000 in monthly cash flow with both sides occupied by quality tenants, delivering immediate returns with zero vacancy concerns. Built in 2024, each side offers 1,237 square feet of living space with 3 bedrooms, 2 full bathrooms, and an attached 1-car garage. The corner lot location provides enhanced curb appeal, extra yard space, and better natural light, making these units highly desirable to current and future tenants. With both sides already leased and generating strong cash flow, this property offers true passive income from day one. As newer construction, you'll benefit from minimal maintenance needs and years of reliable performance ahead. This is your opportunity to acquire a turnkey, cash-flowing investment with quality tenants in place and financing that makes the numbers work beautifully. Perfect for 1031 exchange buyers, portfolio builders, or first-time investors.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Central Electric
Heating: Central Electric
Lot Size: 0.28 Acres
Roof Type: Shingle
Taxes: $8,249
Year Built: 2024
Feature Descriptions
Construction: Concrete Block, Stucco
Directions: From Daniels Pkwy, take US-41 N, turn left on Colonial Blvd, cross Midpoint Bridge (toll), continue on Veterans Memorial Pkwy (toll), turn right on Country Club Blvd, left on Nicholas Pkwy E, right on Cultural Park Blvd, left on SE 8th St.
Exterior: Concrete Block, Stucco
Flooring: Vinyl
GEO Area: CC14 - Cape Coral Unit 16,18,22-
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: Buyer Finance/Cash, FHA, VA Loan
Lot: Oversize
Parcel #: 24-44-23-C2-01068.0290
Pets: No Approval Needed
Property Attached Y/N: Yes
Property Sub-Type: Duplex
Sewer: Central
Sewer: Central
Transfer Fee: 0
Units: 2
Units in Building: Square Feet
Water: Central
Water: Central
Windows: Impact Resistant, Single Hung
Listed By / Shown By
Listed By
Agency Name: Panther Realty LLC
Agency Phone: 239-699-1990
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 2,071.89 per month $1,224.06 Principal & Interest $687.42 Property Tax $160.42 Homeowner's InsuranceChange Payment Information
702-704 SE 8th Ter | MLS# 2026027632
This multi-family property located at 702-704 SE 8th Ter , Cape Coral, FL 33990 is currently listed for sale with an asking price of $550,000. Search Cape Coral real estate on www.realtymark.net today.