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Ranch-Style Duplex
For Sale
$474,900

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

ResidentialIncome, Cape Coral, FL

Property SizeContact for details
Lot Size0.23 Acres
Days on Market50

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 2, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 1, Bathroom 4, Bedroom 2
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 Electric, Central Air

Building Details

Year built 2004
Floors in Building 1
Number of units 2
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: Sep 13 Last Checked: Sep 18 at 6:06PM
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. The property includes two residential units with a combined four bedrooms and four bathrooms, along with tile flooring, shingle roofing, central air conditioning, and electric heating and cooling. A new AC system has been installed, and the roof is less than four years old.

The duplex sits on a 0.23-acre lot at 1002/1004 SW 47th Terrace in Cape Coral, near Cape Coral Parkway, Duffy's Restaurant, and Publix. The surrounding setting is described as quiet while remaining close to area conveniences. The listing office professionally manages the property, and both leases are structured on a month-to-month basis with renewal availability.

Key Highlights

  • Two‑unit duplex with four bedrooms and four bathrooms
  • 0.23‑acre lot in Cape Coral near Cape Coral Parkway
  • New AC system and shingle roof less than 4 years old

Property Analytics

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Current Use

Duplexes

Suggested Use

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

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

754
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with month-to-month leases, updated mechanical systems, and tile flooring throughout.
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: Two‑unit duplex with four bedrooms and four bathrooms; 0.23‑acre lot in Cape Coral near Cape Coral Parkway; New AC system and shingle roof less than 4 years old
More about this property
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