406/408 SW 2nd Terrace, Cape Coral, FL 33991
Local realty services provided by:ERA Real Solutions Realty
406/408 SW 2nd Terrace,Cape Coral, FL 33991
$370,000
- 4 Beds
- 4 Baths
- 1,708 sq. ft.
- Multi-family
- Pending
Listed by: jose carreras
Office: vip realty group inc
MLS#:225060164
Source:FL_GFMB
Price summary
- Price:$370,000
- Price per sq. ft.:$216.63
About this home
Welcome to 406-408 SW 2nd Ter! Fantastic investment or house-hack opportunity in the heart of Cape Coral! This well-maintained, income-producing concrete block duplex features 4 beds and 4 baths total—each unit offering 2 beds, 2 baths, screened lanai, laundry, and separate water and electric meters. One side is move-in ready, making it ideal for an owner-occupant or first-time homebuyer looking to offset their mortgage with rental income. Interior highlights include laminate wood flooring on one side, durable 18” ceramic tile on the other and upgraded vanities throughout. Exterior highlights include ample parking, recently installed gutters (2022), manicured landscaping. manual shutters (2022) and exterior painting (2022). Located in an X flood zone (no lender-required flood insurance), this property is on city water and sewer, and is zoned CORR, offering long-term flexibility and potential for mixed-use or future redevelopment (currently grandfathered in for multi-family use, buyer to verify with city). Nestled just off the vibrant Pine Island Road corridor, you’re minutes from Publix, Target, Sam’s Club, restaurants, schools, Sun Splash Waterpark, Matlacha, and Veterans Pkwy for quick access to Fort Myers. Roof replaced in 2021; HVAC units approx. 2014–2016 per seller. Whether you're an investor expanding your portfolio or a buyer seeking both lifestyle and passive income, this property offers location, flexibility, and long-term value in one of Cape Coral’s fastest-growing areas of the city. Schedule a showing today!
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Home facts
- Year built:1984
- Listing ID #:225060164
- Added:123 day(s) ago
- Updated:November 15, 2025 at 08:44 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Living area:1,708 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Electric
- Heating:Central, Electric
Structure and exterior
- Roof:Shingle
- Year built:1984
- Building area:1,708 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$370,000
- Price per sq. ft.:$216.63
- Tax amount:$3,688 (2024)
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