702-704 Se 8th Ter, Cape Coral, Florida 33990
- $550,000
- $550,000
Description
Welcome to a fully leased, cash-flowing duplex on a desirable corner lot in Cape Coral, now offering a rare 3.75% interest rate buydown for qualified buyers. This turnkey property is generating over $1, 000 in monthly cash flow with both sides occupied by quality tenants, delivering immediate returns with zero vacancy concerns. Built in 2024, each side offers 1, 237 square feet of living space with 3 bedrooms, 2 full bathrooms, and an attached 1-car garage. The corner lot location provides enhanced curb appeal, extra yard space, and better natural light, making these units highly desirable to current and future tenants. With both sides already leased and generating strong cash flow, this property offers true passive income from day one. As newer construction, you’ll benefit from minimal maintenance needs and years of reliable performance ahead. This is your opportunity to acquire a turnkey, cash-flowing investment with quality tenants in place and financing that makes the numbers work beautifully. Perfect for 1031 exchange buyers, portfolio builders, or first-time investors.
Details
Updated on June 24, 2026 at 10:48 pm-
Property ID 2026027632
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Price $550,000
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Land Area 0.28 Acres
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Bedrooms 6
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Bathrooms 4
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Year Built 2024
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Property Type Duplex, Residential Income
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Property Status Active
Additional details
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Roof Shingle
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Cooling Ceiling Fan(s), Central Electric
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Heating Central Electric
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Flooring Vinyl
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County Lee
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Property Type Residential Income
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Waterfront None
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Architectural Style Ranch, Duplex
Mortgage Calculator
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