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1020 NE 8th Terrace, 
Cape Coral, FL 33909

$729,999


8

Beds


4

Baths


3,400

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Nick Kozlar

Genstone Realty

Last updated:

September 27, 2025, 11:46 AM

MLS#

TB8428820

Source:

MFRMLS

About This Home

1020 NE 8th Terrace

Investor Opportunity! NO FLOOD ZONE! This well-maintained quadplex in NE Cape Coral features four spacious 2-bedroom, 1-bath units, each designed with a functional layout and comfortable living space. Every unit includes open living and dining areas, private entryways, and laundry hookups, creating an appealing setup for long-term tenants. Dedicated parking for residents adds convenience, and separate utility meters for each unit simplify management and reduce owner expenses. The property sits in a prime location surrounded by steady rental demand. Residents benefit from close proximity to shopping, restaurants, schools, parks, and main commuter routes, making this a highly desirable area for tenants. With Cape Coral’s rapid growth and strong rental market, this property presents an excellent opportunity for investors seeking both reliable income and long-term appreciation. This quadplex generates consistent cash flow and offers significant upside potential through market rent increases. Multi-family properties of this size and condition are rare to find in the area, making 1020 NE 8th Terrace a smart addition to any investment portfolio. Whether you are expanding your holdings or searching for your first income-producing property, this offering checks all the boxes for a profitable, low-maintenance asset in one of Southwest Florida’s fastest-growing markets.

Home Facts

Multi-Family

4 Baths

8 Bedrooms

Built in 1983

Price Summary

729,999

$214 per Sq. Ft.

MLS #:

TB8428820

Last Updated:

September 27, 2025, 11:46 AM

Added:

12 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

4

Interior

Living Area:

3,400 Sq. Ft.


Structure

Structure

Building Area:

3,400 Sq. Ft.

Year Built:

1983


Lot

Lot Size (Sq. Ft):

15,115


Finances & Disclosures

Finances

Price:

$729,999

Price per Sq. Ft:

$214 per Sq. Ft.

MLS Logo
The information being provided by My Florida Regional MLS DBA Stellar MLS. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the My Florida Regional MLS DBA Stellar MLS.. Genstone Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Genstone Realty, a broker participant of My Florida Regional MLS DBA Stellar MLS.. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by My Florida Regional MLS DBA Stellar MLS. and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 My Florida Regional MLS DBA Stellar MLS.. All rights reserved.

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