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
$535,000
  • 6 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by:mason white
Office:exp realty, llc.
MLS#:2025003102
Source:FL_GFMB

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Price summary

  • Price:$535,000

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 occupied by another long-term tenant who also paid $2,200 monthly, and it’s now ready for a new tenant or an owner-occupant, and is available for immediate occupancy making it 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.

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Home facts

  • Year built:2021
  • Listing ID #:2025003102
  • Added:50 day(s) ago
  • Updated:September 29, 2025 at 08:51 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:4

Heating and cooling

  • Cooling:Ceiling Fans, Electric
  • Heating:Central, Electric

Structure and exterior

  • Roof:Shingle
  • Year built:2021

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$535,000
  • Tax amount:$9,303 (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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