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Cape Coral Duplex Development Opportunity
For Sale
$98,900

2120 NE 8th Place, Cape Coral, FL 33909

Land, Cape Coral, FL

Property SizeContact for details
Lot Size0.23 Acres
Days on Market190

Property Features for 2120 NE 8th Place

General Information

Property type Land
Property subtype Other
Zoning description R3-D
Vegetation Grassed
Subdivision CAPE CORAL
Lot features Rectangular Lot
Directions From Pine island go north on Andalusia Blvd. - East on NE 21st. Ter- North (left) on NE 8th place - Second parcel on your left.
Standard status Active
APN 31-43-24-C1-02162.0710
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CAPE CORAL UNIT 32 BLK.2162 PB 16 PG 8 LOTS 71 + 72
Tax Annual Amount 3549
Legal Description CAPE CORAL UNIT 32 BLK.2162 PB 16 PG 8 LOTS 71 + 72
Listing Agency: Mirimar Real Estate & Invest
Listed By: Miriam Ruiz · License #258003467
Added: Mar 3 Changed: Aug 26 Last Checked: Sep 9 at 5:06AM
MLS# 2026009047

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property presents an investment opportunity in a rapidly growing area. The lot is approved for duplex construction and has the potential to develop up to 8 residential units. It is suited for investors seeking rental income and long-term appreciation. Municipal sewer infrastructure improvements are scheduled to begin this year, adding value and future marketability to the property. Sewer, water, and irrigation assessments have already been applied to the current tax bill. The property offers potential for multi-unit income generation in a market with increasing demand for residential housing. The lot spans 0.23 acres and is located in Cape Coral, Florida.

Key Highlights

  • Approved for duplex construction with potential for up to 8 residential units.
  • Exceptional investment opportunity in a rapidly growing area.
  • Municipal sewer infrastructure improvements scheduled to begin this year, adding significant value.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Restaurant Real Estate Agency Pharmacy Auto Repair Shop Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

205
Businesses Nearby

Demographics for 33909, FL

33,063
Population
14,051
Households
2.4
Avg Household Size
39
Median Age
25%
College-Educated
94%
High-School Grad
37.8 sq mi
ZIP Area
875
Density / Sq Mi
$79,096
Median Household Income
$39,912
Median Earnings
$1,773
Median Rent
$292,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Approved duplex lot with potential for up to 8 units.
Where is this land located?
The property is located at 2120 NE 8th Place Cape Coral, FL.
What is the asking price?
The asking price for this property is $98,900.
What are key features of this property?
This property features: Approved for duplex construction with potential for up to 8 residential units.; Exceptional investment opportunity in a rapidly growing area.; Municipal sewer infrastructure improvements scheduled to begin this year, adding significant value.
More about this property
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