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507/509 SW 8th Place, 
Cape Coral, FL 33991

$575,000


6

Beds


4

Baths


2,400

Sq Ft


Multi-Family

Active

Listed by

Mason White

Sheri Harris

eXp Realty, LLC.

Last updated:

August 20, 2025, 02:52 PM

MLS#

2025003102

Source:

FL GFMB

About This Home

507/509 SW 8th Place

This well-maintained duplex, built in 2021, offers excellent rental income potential, estimated at around $52,800 per year with both units rented. It’s located in a growing and desirable neighborhood with easy access to Pine Island Road, shopping, dining, and everyday conveniences. One unit is currently tenant-occupied, generating immediate income of $2,200 per month from a great long-term tenant. The other unit was recently occupied by another long-term tenant who also paid $2,200 monthly, and it’s now ready for a new tenant or an owner-occupant, and is available for immediate occupancy making it easy to show. Washer and dryer are included in each unit. The property is not in a flood zone, so no flood insurance is required. Both units come equipped with manual hurricane shutters and automatic sprinklers. Inside, each unit features tile flooring throughout, a spacious kitchen with an island, a screened-in lanai, and a fully fenced backyard, perfect for privacy and outdoor enjoyment. Whether you're looking to expand your rental portfolio or live in one side while renting out the other, this duplex is a smart move in an up-and-coming area

Home Facts

Multi-Family

4 Baths

6 Bedrooms

Built in 2021

Price Summary

575,000

$239 per Sq. Ft.

MLS #:

2025003102

Last Updated:

August 20, 2025, 02:52 PM

Added:

10 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

2,400 Sq. Ft.


Structure

Structure

Architectural Style:

Duplex

Building Area:

2,400 Sq. Ft.

Year Built:

2021


Finances & Disclosures

Finances

Price:

$575,000

Price per Sq. Ft:

$239 per Sq. Ft.

Source:FL GFMB
The source of the information about real property available for sale or rent is the copyrighted and proprietary database of the Florida Gulf Coast Multiple Listing Service, Inc.. Copyright 2025 Florida Gulf Coast Multiple Listing Service, Inc.; all rights reserved. The data is provided by the IDX Program, and the Information is Deemed Reliable But Not Guaranteed.

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