507/509 SW 8th Place, Cape Coral, FL 33991
Local realty services provided by:ERA Real Solutions Realty



507/509 SW 8th Place,Cape Coral, FL 33991
$575,000
- 6 Beds
- 4 Baths
- 2,400 sq. ft.
- Multi-family
- Active
Listed by:mason white
Office:exp realty, llc.
MLS#:2025003102
Source:FL_GFMB
Price summary
- Price:$575,000
- Price per sq. ft.:$239.58
About this home
This well-maintained duplex, built in 2021, offers excellent rental income potential, estimated at around $52,800 per year with both units rented. It’s located in a growing and desirable neighborhood with easy access to Pine Island Road, shopping, dining, and everyday conveniences. One unit is currently tenant-occupied, generating immediate income of $2,200 per month from a great long-term tenant. The other unit was recently vacated by another long-term tenant who also paid $2,200 monthly, and it’s now ready for a new tenant or an owner-occupant. The vacant side is easy to show. Washer and dryer are included in each unit. The property is not in a flood zone, so no flood insurance is required. Both units come equipped with manual hurricane shutters and automatic sprinklers. Inside, each unit features tile flooring throughout, a spacious kitchen with an island, a screened-in lanai, and a fully fenced backyard, perfect for privacy and outdoor enjoyment. Whether you're looking to expand your rental portfolio or live in one side while renting out the other, this duplex is a smart move in an up-and-coming area
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Home facts
- Year built:2021
- Listing Id #:2025003102
- Added:4 day(s) ago
- Updated:August 12, 2025 at 02:10 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Living area:2,400 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Electric
- Heating:Central, Electric
Structure and exterior
- Roof:Shingle
- Year built:2021
- Building area:2,400 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$575,000
- Price per sq. ft.:$239.58
- Tax amount:$9,303 (2024)
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