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    Well-Maintained Duplex in Southwest Cape Title is generated by Realmo AI

    4707 SW 8th Place, Cape Coral, FL 33914

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    For Sale
    $465,000

    MULTI_FAMILY - Other - Cape Coral, FL

    Lot size:
    0.26 Acres
    Added:
    Oct 17, 2025
    Days on Market:
    211
    Last Refresh:
    May 15 at 4:06 pm

    Property Features for 4707 SW 8th Place

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    4
    Rooms
    Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 3, Bathroom 4
    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
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1985
    Number of units
    2
    Flooring type
    Carpet, Tile
    Building materials
    Block, Concrete, Stucco
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Justin Recca
    Justin Recca

    Listing agent Justin Recca License #261087896

    Listing office Innovative Realty LLC 151 Lookout Place, Maitland, FL

    Listing date Oct 17, 2025

    MLS# 2025015827 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

    • Prime Southwest Cape Coral location offering convenient access to amenities and major roadways.
    • Strong investment potential with excellent rental appeal.
    • Two spacious units: Unit 4705 (3BR/2BA, approx. 1,690 SF), Unit 4707 (2BR/2BA, approx. 1,450 SF), each with a 1‑car garage.
    • Recent updates include a new roof (2020), new overhead garage doors & openers (2018), exterior paint (2025), and new water heaters (2018/2020).
    • Open floor plans and full kitchens with appliances and breakfast bar in each unit.
    • Each unit includes in‑unit laundry and screened patios.

    Overview

    Located in Southwest Cape Coral, this well-maintained duplex presents an investment opportunity. Unit 4705 features 3 bedrooms and 2 baths within approximately 1,690 square feet, along with a 1-car garage. Unit 4707 includes 2 bedrooms and 2 baths in approximately 1,450 square feet, also with a 1-car garage. Both units offer open floor plans and full kitchens equipped with a refrigerator, range, dishwasher, and breakfast bar. Ceramic tile flooring extends throughout the main living areas, while the bedrooms are carpeted. Sliding glass doors open onto screened rear patios, providing natural light. Each unit has an in-unit laundry/utility room with washer and dryer hookups. The property has a new roof (2020), new overhead garage doors & automatic openers (2018), exterior paint (2025), new water heaters (2018/2020), and a new A/C in Unit 4707 (2019). Situated on a 0.263-acre lot, the property provides 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 suitable for investors or multi-generational living.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -81.991433
    Latitude
    26.564391

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    FAQs

    What type of property is this?
    Duplex - Spacious duplex in Cape Coral, great for investment or living.
    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 $465,000.
    What are key features of this property?
    This property features: Prime Southwest Cape Coral location offering convenient access to amenities and major roadways.; Strong investment potential with excellent rental appeal.; Two spacious units: Unit 4705 (3BR/2BA, approx. 1,690 SF), Unit 4707 (2BR/2BA, approx. 1,450 SF), each with a 1‑car garage.
    (321) 299-5570
    We can help!
    Listing Contact
    Justin Recca
    Justin Recca
    Real Estate License ID: 261087896
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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