1020 NE 8th Terrace, Cape Coral, FL 33909

Local realty services provided by:ERA American Suncoast
1020 NE 8th Terrace,Cape Coral, FL 33909
$699,900
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  • 8 Beds
  • 4 Baths
  • 3,400 sq. ft.
  • Multi-family
  • Pending
Listed by: nick kozlar
Office: genstone realty
MLS#:TB8428820
Source:MFRMLS

Price summary

  • Price:$699,900
  • Price per sq. ft.:$205.85

About this home

Investor Opportunity! NO FLOOD ZONE! This well-maintained quadplex in NE Cape Coral features four spacious 2-bedroom, 1-bath units, each designed with a functional layout and comfortable living space. Every unit includes open living and dining areas, private entryways, and laundry hookups, creating an appealing setup for long-term tenants. Dedicated parking for residents adds convenience, and separate utility meters for each unit simplify management and reduce owner expenses. The property sits in a prime location surrounded by steady rental demand. Residents benefit from close proximity to shopping, restaurants, schools, parks, and main commuter routes, making this a highly desirable area for tenants. With Cape Coral’s rapid growth and strong rental market, this property presents an excellent opportunity for investors seeking both reliable income and long-term appreciation. This quadplex generates consistent cash flow and offers significant upside potential through market rent

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Home facts

  • Year built:1983
  • Listing ID #:TB8428820
  • Added:66 day(s) ago
  • Updated:November 28, 2025 at 08:39 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Living area:3,400 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Electric

Structure and exterior

  • Roof:Shingle
  • Year built:1983
  • Building area:3,400 sq. ft.
  • Lot area:0.35 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$699,900
  • Price per sq. ft.:$205.85
  • Tax amount:$9,246 (2024)
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