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    Cape Coral Income-Producing Duplex Title is generated by Realmo AI

    4137/4139 SW 8th Place, Cape Coral, FL 33914

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    Claim this Listing
    For Sale
    $519,900

    MULTI_FAMILY - Other - Cape Coral, FL

    Property size:
    2,416 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $215/SF
    Added:
    Apr 17, 2026
    Days on Market:
    55
    Last Refresh:
    Jun 10 at 1:06 pm

    Property Features for 4137/4139 SW 8th Place

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    4
    Rooms
    Bedroom 6, Bedroom 5, Bedroom 3, Bathroom 3, Bathroom 4, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 2
    Pets allowed
    Yes
    Exterior features
    RoomForPool
    Standard status
    Active
    APN
    10-45-23-C2-03310.0050
    Size
    2,416 SF
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    CAPE CORAL UNIT 65 BLK 3310 PB 21 PG 160 LOTS 5 + 6
    Tax Annual Amount
    8322

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Ceiling Fan(s), Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    2021
    Number of units
    2
    Flooring type
    Tile
    Building materials
    Block, Concrete, Stucco
    Roof type
    Shingle
    Architectural style
    Other

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    Listing Contact
    James Sommers
    James Sommers

    Listing agent James Sommers License #258004921

    Listing office RE/MAX Trend 1715 Cape Coral Pkwy W No. 14-16, Cape Coral, FL

    Listing date Apr 17, 2026

    MLS# 2026017102 Listing URL

    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.

    HighLights

    • Income‑producing duplex in a prime location near Skyline Blvd, ideal for owner‑occupants or investors.
    • Each unit features 3 bedrooms, 2 full baths, and 1,208 sq ft of living space with an attached 1‑car garage.
    • City water and sewer connected and paid in full.
    • Units are separately metered for electric and water, maximizing owner efficiency.
    • Modern interior features include tile flooring throughout, vaulted ceilings, and granite countertops.
    • Built in 2021 with desirable features such as central AC, room for a pool, and durable block/concrete/stucco construction.

    Overview

    This income-producing duplex presents an opportunity for both owner-occupants and investors. Located near Skyline Blvd, the property offers convenient access to Fort Myers. Each of the two units features 3 bedrooms, 2 full baths, and 1,208 square feet of living space, with a total of 6 bedrooms and 4 baths for the entire property. Each unit also includes an attached 1-car garage. Interior features include tile flooring throughout, vaulted ceilings, and granite countertops. The property is connected to city water and sewer, with all assessments paid in full. Each unit is separately metered for electric and water, allowing tenants to pay their own utilities. Situated off Skyline Boulevard near Mohawk Pkwy, the property is located minutes from shopping, dining, and entertainment. The lot size is 0.23 acres. The property is located in Cape Coral, Florida.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $47.8k $19.80
    − Vacancy −$2.2k −$0.89
    EGI $45.7k $18.91
    − OpEx −$13.7k −$5.67
    NOI $32.0k $13.24
    2,416 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $456.8K
    $399.7K – $533.0K (±1% cap)
    NOI $31,979 @ 7.0% cap · market cap 6.15%
    Second Best
    Apartment 5plus
    $423.4K
    $370.4K – $493.9K (±1% cap)
    NOI $29,635 @ 7.0% cap · market cap 5.70%
    Theoretical Best
    Office A
    $626.9K
    $548.5K – $731.4K (±1% cap)
    NOI $43,882 @ 7.0% cap · market cap 8.44%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Law Firm Hair Salon Auto Repair Shop Bar & Pub HVAC Service Cafe & Coffee Shop Travel Agency Restaurant (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -81.991578
    Latitude
    26.574073

    FAQs

    What type of property is this?
    Duplex - Income-producing duplex near Skyline Blvd with city water and sewer.
    Where is this duplex located?
    The property is located at 4137/4139 SW 8th Place Cape Coral, FL.
    What is the asking price?
    The asking price for this property is $519,900.
    What are key features of this property?
    This property features: Income‑producing duplex in a prime location near Skyline Blvd, ideal for owner‑occupants or investors.; Each unit features 3 bedrooms, 2 full baths, and 1,208 sq ft of living space with an attached 1‑car garage.; City water and sewer connected and paid in full.
    More about this property
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