Well-Maintained Duplex For
For Sale
$390,000
712 Southeast 8th Street, Cape Coral, FL 33990
Two-unit duplex with each side offering 2 bedrooms and 1 bathroom.
Property Size1,800 SF
Price / SF$216.67
Days on Market327
Property Features for 712 Southeast 8th Street
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Residential Income / Duplex
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,027
Amenities
Central Air, Electric
Central, Electric, Separate Meters
1.0
Concrete, Tile
1
2
Porch
Block
Separate Meters, Central, Electric
Shingle
No
Duplex
Yes
Porch, Porch - Open
Building Details
Year Built
1982
Tenancy
Multi
Listing Agency:
Grand Realty of America, Corp.
Listed By:
Victoria E Rodriguez PA · License #3176644
(305) 790-8010
Source:
Compass
Added: Nov 26, 2025
Changed: Oct 13
Last Checked: Oct 19 at 9:12AM
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.
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Investment Insights
Based on property information with market context.
This well-maintained duplex includes two separate residential units. Each unit is configured with 2 bedrooms and 1 bathroom, creating a straightforward layout that supports either dual rental occupancy or owner-occupancy alongside a rented unit.
The property is located at 712 SE 8th St in Cape Coral, Florida.
With a duplex configuration and matching unit layouts, the building offers a simple income-producing setup for buyers looking for a residential income property.
The property is located at 712 SE 8th St in Cape Coral, Florida.
With a duplex configuration and matching unit layouts, the building offers a simple income-producing setup for buyers looking for a residential income property.
Key Highlights
- Duplex built in 1982 in Cape Coral
- Two separate units, each with 2 bedrooms and 1 bathroom
- Layout includes two spacious sides for owner‑occupancy or rental use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,825
Cap Rate
6.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$476,500
$476.5K
Cap Rate 7%
$340,357
$340.4K
Cap Rate 9%
$264,722
$264.7K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$35.6K $19.80/SF
− Vacancy
−$1.6K −$0.89/SF
EGI
$34.0K $18.91/SF
− OpEx
−$10.2K −$5.67/SF
NOI
$23.8K $13.24/SF
Area
Cape Coral, FL
Vacancy
4.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$476,500
Cap Rate 7%
$340,357
Cap Rate 9%
$264,722
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 authorities.
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
815
Businesses Nearby
Explore this area
Business Placement
Demographics for 33990, FL
32,717
Population
15,483
Households
2.1
Avg Household Size
47
Median Age
24%
College-Educated
89%
High-School Grad
9.3 sq mi
ZIP Area
3,518
Density / Sq Mi
$70,278
Median Household Income
$38,588
Median Earnings
$1,643
Median Rent
$330,500
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
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit duplex with each side offering 2 bedrooms and 1 bathroom.
Where is this duplex located?
The property is located at 712 Southeast 8th Street 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: Duplex built in 1982 in Cape Coral; Two separate units, each with 2 bedrooms and 1 bathroom; Layout includes two spacious sides for owner‑occupancy or rental use
