Cape Coral, FL 33990 541 SE 8th Terrace # 1
$439,900
Presented By: Ace Realty & Associates, LLC
Beds • 6- Baths • 4
- SQFT • 2,300
Beds • 6
Baths • 4
SQFT • 2,300Home Details
Turnkey Duplex Investment Opportunity in SE Cape Coral!
Welcome to 541 SE 8th Terrace – a well-maintained duplex featuring two spacious 3-bedroom, 2-bathroom units in the heart of Cape Coral. This income-producing property offers strong rental potential with each unit boasting tile flooring, open floor plans, and private laundry areas. Located on a corner lot with city water & sewer in place, this duplex is minutes from shopping, dining, and schools, making it attractive to long-term tenants.
Whether you’re an investor looking to expand your portfolio or a homeowner seeking to live in one unit while renting the other, this property delivers flexibility, stability, and value. Projected gross rental income: $42,000 annually. No HOA, no flood zone, and strong upside potential in a growing rental market!
Don’t miss this opportunity to own a ready-to-go duplex in one of Southwest Florida’s fastest-growing cities.
Presented By: Ace Realty & Associates, LLC
Interior Features for 541 SE 8th Terrace # 1
Bedrooms
Total Bedrooms6
Bathrooms
Total Baths4
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringOther
Heating Y/NYes
Window FeaturesOther
General for 541 SE 8th Terrace # 1
Additional Parcels Y/NNo
Architectural StyleDuplex
Association AmenitiesNone
Attached Garage No
Carport Y/NNo
CityCape Coral
Community FeaturesNonGated
Construction MaterialsBlock, Concrete, Stucco
CoolingCentralAir, Electric
CountyLee
Development NameCAPE CORAL
Electric On Property Y/NNo
Full Baths4
Garage Y/NNo
HOANo
HOA Fee$0.0
HOA Fee 20.0
HOA Fee 30.0
HeatingCentral, Electric
Home Warranty Y/NNo
Land Lease Amount0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionCAPE CORAL UNIT 24 BLK 1153 PB 14 PG 77 LOTS 27 + 28
Lot Size UnitsAcres
MLS AreaCC14 - Cape Coral Unit 16, 18, 22-
MobileHomeRemainsYNNo
ModificationTimestamp2025-04-22T17:05:17.300-00:00
Net Operating Income25800.0
New ConstructionNo
Number Of Units Total2
Operating Expense10200.0
Pets AllowedYes
PossessionCloseOfEscrow
PostalCityCape Coral
Property Attached Y/NNo
Property ConditionResale
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
SewerAssessmentPaid
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameCAPE CORAL
Tax Annual Amount7311.33
Tax Lot27
Tax Year2024
Tenant PaysSeeRemarks
Unit Number1
UtilitiesCableAvailable
Waterfront FeaturesNone
Year Built1979
Zoning DescriptionR3-D
Exterior for 541 SE 8th Terrace # 1
Building Area Total2300.0
Canal WidthNone
Covered Spaces0.0
Crops Included Y/NNo
Exterior AmenitiesNone
Horse Y/NNo
HorsesN
Irrigation Water Rights Y/NNo
Irrigation/Water RightsN
Lot Dimensions125 x 85 x 125 x 85
Lot FeaturesCornerLot
Lot Size Acres0.241
Lot Size Area0.241
Lot Size SourceAppraiser
LotDimensionsSourceAppraiser
Open Parking Y/NNo
SpaNo
Water SourceAssessmentPaid
Water SourceAssessment Paid
Waterfront Y/NNo
Additional Details
Price History
