1020 NE 8th Terrace, Cape Coral, FL 33909
Local realty services provided by:Better Homes and Gardens Real Estate Synergy
Listed by:nick kozlar
Office:genstone realty
MLS#:TB8428820
Source:MFRMLS
Price summary
- Price:$729,999
- Price per sq. ft.:$214.71
About this home
Investor Opportunity! NO FLOOD ZONE! This well-maintained quadplex in NE Cape Coral features four spacious 2-bedroom, 1-bath units, each designed with a functional layout and comfortable living space. Every unit includes open living and dining areas, private entryways, and laundry hookups, creating an appealing setup for long-term tenants. Dedicated parking for residents adds convenience, and separate utility meters for each unit simplify management and reduce owner expenses.
The property sits in a prime location surrounded by steady rental demand. Residents benefit from close proximity to shopping, restaurants, schools, parks, and main commuter routes, making this a highly desirable area for tenants. With Cape Coral’s rapid growth and strong rental market, this property presents an excellent opportunity for investors seeking both reliable income and long-term appreciation.
This quadplex generates consistent cash flow and offers significant upside potential through market rent increases. Multi-family properties of this size and condition are rare to find in the area, making 1020 NE 8th Terrace a smart addition to any investment portfolio. Whether you are expanding your holdings or searching for your first income-producing property, this offering checks all the boxes for a profitable, low-maintenance asset in one of Southwest Florida’s fastest-growing markets.
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Home facts
- Year built:1983
- Listing ID #:TB8428820
- Added:7 day(s) ago
- Updated:September 30, 2025 at 11:52 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Living area:3,400 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric
Structure and exterior
- Roof:Shingle
- Year built:1983
- Building area:3,400 sq. ft.
- Lot area:0.35 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$729,999
- Price per sq. ft.:$214.71
- Tax amount:$9,246 (2024)
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