Search
Ranch-Style Duplex
New
For Sale
$474,900

1002/1004 SW 47th Terrace, Cape Coral, FL 33914

MULTI_FAMILY - Ranch - Cape Coral, FL

Property SizeContact for details
Lot Size0.23 Acres
Days on Market5

Property Features for 1002/1004 SW 47th Terrace

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description R3-D
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 3, Bathroom 4, Bedroom 4, Bedroom 1
Pets allowed Yes
Exterior features SprinklerIrrigation
Subdivision CAPE CORAL
Lot features Rectangular Lot, Sprinklers Automatic
Standard status Active
APN 10-45-23-C3-01697.0470
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CAPE CORAL UNIT 16 BLK 1238 PB 13 PG 161 LOTS 25 + 26
Tax Annual Amount 6978
Legal Description CAPE CORAL UNIT 16 BLK 1238 PB 13 PG 161 LOTS 25 + 26

Utilities

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

Building Details

Year built 2004
Floors in Building 1
Number of units 1
Flooring type Tile
Building materials Block, Concrete, Stucco
Roof type Shingle
Architectural style Ranch
Listing Agency: Professional Realty
Listed By: George Teague · License #258002258
Added: Jul 31 Changed: Aug 3 Last Checked: Aug 4 at 9:06AM
MLS# 2026032610

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 ranch-style duplex was built in 2004 with block, concrete, and stucco construction. Tile flooring, shingle roofing, central electric heating, and central air conditioning serve the property, with a new AC system noted in the remarks. Sprinkler irrigation is also included.

The property is located at 1002/1004 SW 47th Terrace in Cape Coral, near Cape Coral Parkway, Duffy's Restaurant, and Publix. The listing office professionally manages the duplex, and existing leases may be renewed. The 0.23-acre site provides the setting for this two-unit residential income property.

Key Highlights

  • Duplex on a 0.23‑acre site
  • Built in 2004 with block, concrete, and stucco construction
  • Ranch‑style design with tile flooring and shingle roof

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Daycare Center Gym & Fitness Center Auto Parts Store Barber Shop

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

385
Businesses Nearby

Demographics for 33914, FL

42,222
Population
22,936
Households
1.8
Avg Household Size
52
Median Age
28%
College-Educated
95%
High-School Grad
22.4 sq mi
ZIP Area
1,885
Density / Sq Mi
$75,557
Median Household Income
$41,672
Median Earnings
$1,714
Median Rent
$408,800
Median Home Value

Market

Properties on Market for Duplexes in Lee County

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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?
Duplex - Block-and-stucco construction includes tile flooring and central electric HVAC.
Where is this duplex located?
The property is located at 1002/1004 SW 47th Terrace Cape Coral, FL.
What is the asking price?
The asking price for this property is $474,900.
What are key features of this property?
This property features: Duplex on a 0.23‑acre site; Built in 2004 with block, concrete, and stucco construction; Ranch‑style design with tile flooring and shingle roof
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message