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    1020 NE 8Th Ter Cape Coral, FL 33909

    Pending
    For Sale
    $699,900

    Quadruplex - CAPE CORAL, FL

    Type:Quadruplex
    Property size:
    3,400 SF
    Lot size:
    0.35 Acres
    Days on Market:
    27
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 1020 NE 8Th Ter

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Standard status
    Pending
    Zoning
    CORR
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    APN
    06-44-24-C4-02015.0090
    Interior features
    Ceiling Fans(s), Living Room/Dining Room Combo
    Exterior features
    Lighting, Private Mailbox
    Size
    3,400 SF
    Lot size
    0.35 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1983
    Number of units
    4
    Building materials
    Block
    Roof type
    Shingle
    Architectural style
    Other

    GenStone Realty (312) 471-2739 [email protected]

    Listing agent Nick Kozlar (833) 396-0092 License #3375899

    Listing date Nov 9, 2025

    MLS# TB8428820 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cape Coral Quadruplex Investment Opportunity

    This well-maintained quadplex in NE Cape Coral presents an investor opportunity with no flood zone. The property 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. Dedicated parking for residents adds convenience, and separate utility meters for each unit simplify management and reduce owner expenses. The property is situated 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. The property, with a lot size of 0.35 acres and a property size of 3400 square feet, 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 this property a smart addition to any investment portfolio. This offering checks all the boxes for a profitable, low-maintenance asset in one of Southwest Florida’s fastest-growing markets.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -81.952236
    Latitude
    26.667459

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    FAQs

    What type of property is this?
    Quadplex - Well-maintained Cape Coral quadplex with strong rental demand.
    Where is this quadplex located?
    The property is located at 1020 NE 8Th Ter Cape Coral, FL.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: - Consistent cash flow with upside potential through market rent increases.; - Located in a prime location in NE Cape Coral with high rental demand, close to amenities and commuter routes.; - Each unit features 2 bedrooms, 1 bath, open living/dining areas, private entryways, and laundry hookups.
    (833) 396-0092
    Request Owner's contact information
    1020 NE 8Th Ter Cape Coral, FL 33909
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    Cape Coral, FL 33909
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1020 NE 8Th Ter Cape Coral, FL 33909
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