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Corner-Lot Quadplex
For Sale
$649,000

1017 SE 39th Terrace, Cape Coral, FL 33904

ResidentialIncome, Cape Coral, FL

Property SizeContact for details
Lot Size0.36 Acres
Days on Market8

Property Features for 1017 SE 39th Terrace

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description RML
Bedrooms 8
Bathrooms 8
Full bathrooms 8
Rooms Bathroom 8, Bathroom 7, Bedroom 3, Bathroom 3, Bathroom 2, Bathroom 4, Bedroom 1, Bathroom 5, Bedroom 5, Bedroom 6, Bedroom 7, Bedroom 4, Bedroom 8, Bedroom 2, Bathroom 1, Bathroom 6
Pets allowed Yes
Subdivision CAPE CORAL
Lot features Rectangular Lot
Standard status Active
APN 06-45-24-C4-00422.0160
Lot size 0.36 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CAPE CORAL UNIT 14 BLK 422 PB 13 PG 65 LOTS 16 THRU 18
Tax Annual Amount 9076
Legal Description CAPE CORAL UNIT 14 BLK 422 PB 13 PG 65 LOTS 16 THRU 18

Utilities

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

Building Details

Year built 1979
Number of units 4
Flooring type Tile
Building materials Block, Concrete, Stucco
Roof type Shingle
Architectural style Other
Listing Agency: EXP Realty LLC
Listed By: Joe Petno · License #772003642
Added: Sep 11 Changed: Sep 14 Last Checked: Sep 18 at 2:06PM
MLS# 2026038491

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 1979 quadplex contains four separate units on a 0.356-acre corner lot, with two driveways serving the property. The building uses block, concrete, and stucco construction, with tile flooring, central heating, central air, electric systems, and ceiling fans. Public water and public sewer serve the site, and the roof is shingle.

Unit A and Unit B include kitchens, living and dining areas, screened lanais, and full bathrooms. Unit C has an updated kitchen with a stove, microwave, and refrigerator, along with living and dining space. The property is located at 1017 SE 39th Terrace in Cape Coral, Florida, within ZIP Code 33904.

Key Highlights

  • Four‑unit quadplex on a 0.356‑acre corner lot
  • Two driveways provide access to the property
  • Built in 1979 with block, concrete, and stucco construction

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Pharmacy Auto Parts Store Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

728
Businesses Nearby

Demographics for 33904, FL

32,029
Population
20,401
Households
1.6
Avg Household Size
56
Median Age
29%
College-Educated
95%
High-School Grad
9.7 sq mi
ZIP Area
3,302
Density / Sq Mi
$66,933
Median Household Income
$43,829
Median Earnings
$1,665
Median Rent
$347,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Quadplex - Four separate units feature tile flooring, central systems, and individual layouts with updates throughout.
Where is this quadplex located?
The property is located at 1017 SE 39th Terrace Cape Coral, FL.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Four‑unit quadplex on a 0.356‑acre corner lot; Two driveways provide access to the property; Built in 1979 with block, concrete, and stucco construction
More about this property
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