Well-Maintained Duplex with Two
712 Southeast 8th Place Cape Coral, FL 33990
For Sale
$390,000
Well-maintained duplex with two 2-bedroom, 1-bath units, suited for owner occupancy or renting both sides.
Property Size1,800 SF
Price / SF$216.67
Days on Market108
Property Features for 712 Southeast 8th Place
General Information
- Standard status
- Active
- Size
- 1,800 SF
- Property subtype
- Multi-Family Income / Duplex
Building Details
- Year Built
- 1982
Listing Agency:
Grand Realty of America, Corp.
(305) 931-7878
Listed By:
Victoria E Rodriguez PA · License #3176644
(305) 931-7878
Source:
Compass
Added: Apr 9
Changed: Jul 21
Last Checked: Jul 25 at 10:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Grand Realty of America, Corp.
Investment Insights
Based on property information with market context.
This well-maintained duplex features two separate residential units, each with 2 bedrooms and 1 bathroom. The layout provides two self-contained living spaces within the same property, offering flexibility for an owner-occupant or a buyer looking to rent both units.
Located at 712 Southeast 8th Place in Cape Coral, the property is positioned for buyers seeking a straightforward duplex configuration in a well-established residential area.
With two units and consistent bedroom/bathroom configuration across both sides, the building lends itself to an easy-to-manage income and living setup.
Located at 712 Southeast 8th Place in Cape Coral, the property is positioned for buyers seeking a straightforward duplex configuration in a well-established residential area.
With two units and consistent bedroom/bathroom configuration across both sides, the building lends itself to an easy-to-manage income and living setup.
Key Highlights
- 1982‑built duplex with two well‑maintained units
- Each unit offers 2 bedrooms and 1 bathroom
- Duplex layout supports owner occupancy while renting the other side or renting both units
Financial Insights For Multifamily LT 5
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 | $35.6k | $19.80 |
| − Vacancy | −$1.6k | −$0.89 |
| EGI | $34.0k | $18.91 |
| − OpEx | −$10.2k | −$5.67 |
| NOI | $23.8k | $13.24 |
1,800 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$340.4K
$297.8K – $397.1K
NOI $23,825 @ 7.0% cap · market cap 6.11%
Second Best
Apartment 5plus
$315.4K
$276.0K – $368.0K
NOI $22,079 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$467.1K
$408.7K – $544.9K
NOI $32,694 @ 7.0% cap · market cap 8.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained duplex with two 2-bedroom, 1-bath units, suited for owner occupancy or renting both sides.
Where is this duplex located?
The property is located at 712 Southeast 8th Place Cape Coral, FL.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: 1982‑built duplex with two well‑maintained units; Each unit offers 2 bedrooms and 1 bathroom; Duplex layout supports owner occupancy while renting the other side or renting both units
