406/408 SW 2nd Terrace, Cape Coral, FL 33991

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406/408 SW 2nd Terrace,Cape Coral, FL 33991
$384,999
  • 4 Beds
  • 4 Baths
  • 1,708 sq. ft.
  • Multi-family
  • Active
Listed by:jose carreras
Office:vip realty group inc
MLS#:225060164
Source:FL_GFMB

Price summary

  • Price:$384,999
  • Price per sq. ft.:$225.41

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

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Home facts

  • Year built:1984
  • Listing Id #:225060164
  • Added:31 day(s) ago
  • Updated:August 09, 2025 at 03:07 PM

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:$384,999
  • Price per sq. ft.:$225.41
  • Tax amount:$3,688 (2024)
The source of the information about real property available for sale or rent is the copyrighted and proprietary database of the Florida Gulf Coast Multiple Listing Service, Inc.. Copyright 2025 Florida Gulf Coast Multiple Listing Service, Inc.; all rights reserved. The data is provided by the IDX Program, and the Information is Deemed Reliable But Not Guaranteed.

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