Well-Maintained Duplex in Southwest
4707 SW 8th Place Cape Coral, FL 33914
4707 SW 8th Place, Cape Coral, FL, 33914
$449,000
For Sale
$449,000
MULTI_FAMILY - Other - Cape Coral, FL
Property Size3,140 SF
Lot Size0.26 Acres
Price / SF$142.99
Days on Market280
Property Features for 4707 SW 8th Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 5
- Patio and Porch features
- Patio
- Pets allowed
- Yes
- Exterior features
- Patio
- Standard status
- Active
- APN
- 10-45-23-C3-03374.0050
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- CAPE CORAL UNIT 65 BLK 3374 PB 21 PG 154 LOTS 5 + 6 + VAC ALLEY OR 2877 PG 51
- Tax Annual Amount
- 7216
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 1985
- Number of units
- 2
- Flooring type
- Tile, Carpet
- Building materials
- Block, Concrete, Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing agency
Innovative Realty LLC
(407) 772-5555
Listed by
Justin Recca · License #261087896
(321) 299-5570
Added: Oct 17, 2025 Updated: Jul 18 at 1:46AM Checked: Jul 23 at 1:06AM
MLS# 2025015827
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 well-maintained duplex is located in Southwest Cape Coral. Unit 4705 features 3 bedrooms, 2 baths, and approximately 1,690 square feet with a 1-car garage. Unit 4707 includes 2 bedrooms, 2 baths, and approximately 1,450 square feet with a 1-car garage. Both units offer open floor plans, full kitchens with a refrigerator, range, dishwasher, and breakfast bars. Ceramic tile flooring is present throughout the main living areas, with carpeted bedrooms. Sliding glass doors lead to screened rear patios. Each unit has an in-unit laundry/utility room with washer and dryer hookups and large fenced backyards. Recent updates include a new roof in 2020, new overhead garage doors and automatic openers in 2018, exterior paint planned for 2025, new water heaters in 2018 and 2020, and a new A/C unit in Unit 4707 in 2019. Situated on a lot of 0.263 acres, the property offers access to downtown Cape Coral, Fort Myers, shopping, dining, entertainment, and major roadways including Cape Coral Parkway, Country Club Boulevard, Del Prado Boulevard, and Veterans Parkway. This duplex is suited for investors or multi-generational living.
Key Highlights
- Well‑maintained duplex built in 1985 with two separate units and enclosed, screened rear patios
- Unit 4705: 3 beds / 2 baths with approx. 1,690 SF and a 1‑car garage; ceramic tile main areas and carpeted bedrooms
- Unit 4707: 2 beds / 2 baths with approx. 1,450 SF and a 1‑car garage; ceramic tile main areas and carpeted bedrooms
Local Financial Insights For Apartment 5plus
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 | $73.1k | $23.28 |
| − Vacancy | −$3.1k | −$0.98 |
| EGI | $70.0k | $22.30 |
| − OpEx | −$31.5k | −$10.04 |
| NOI | $38.5k | $12.27 |
3,140 SF · lease $23.28/SF/yr · vacancy 4.20% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$593.7K
$519.5K – $692.7K
NOI $41,562 @ 7.0% cap · market cap 9.26%
Second Best
Apartment 5plus
$550.2K
$481.5K – $641.9K
NOI $38,516 @ 7.0% cap · market cap 8.58%
Theoretical Best
Office A
$814.7K
$712.9K – $950.5K
NOI $57,032 @ 7.0% cap · market cap 12.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Spacious duplex in Cape Coral with strong rental appeal.
Where is this duplex located?
The property is located at 4707 SW 8th Place Cape Coral, FL.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Well‑maintained duplex built in 1985 with two separate units and enclosed, screened rear patios; Unit 4705: 3 beds / 2 baths with approx. 1,690 SF and a 1‑car garage; ceramic tile main areas and carpeted bedrooms; Unit 4707: 2 beds / 2 baths with approx. 1,450 SF and a 1‑car garage; ceramic tile main areas and carpeted bedrooms
