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Map
$577,000
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Multifamily -
Off Market
1209-1211 SE 8th TERRACE
CAPE CORAL, FL 33990
6 Beds
4 Baths
2420 Sqft
$3,092
Est. Monthly
14.35%
Cap Rate
About This Property
Location! Location! Location! BRAND NEW, move in ready Duplex
located just 0.6 miles from Cape Coral Hospital in a neighborhood
with many Medical offices/clinics. This is an incredible
opportunity to own two 3-bedroom and 2-bathroom units in an
investor's dream location.
NO HOA and NO Lease Restrictions. It includes Tile floors throughout, granite counter tops, oversized driveway with plenty of parking space and a spacious backyard with lots of privacy. The property which was completed at the end of Dec. 2023 is not tenanted to allow a new owner the flexibility to choose their own income strategy such as long-term rentals, short-term rentals, Air BnB, etc.
NO HOA and NO Lease Restrictions. It includes Tile floors throughout, granite counter tops, oversized driveway with plenty of parking space and a spacious backyard with lots of privacy. The property which was completed at the end of Dec. 2023 is not tenanted to allow a new owner the flexibility to choose their own income strategy such as long-term rentals, short-term rentals, Air BnB, etc.
Unit Size
2,420Ft²
Days on Market
45 days
Land Size
0.23 acres
Price per sqft
$247
Property Type
Multifamily
Property Taxes
$160
HOA Dues
-
Year Built
1981
Last updated: 4 months ago (Stellar MLS #P4929065)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 22, 2024 | Sold | $577,000 | |
| Sold | |||
| Feb 14, 2024 | In contract | - | |
| In contract | |||
| Feb 6, 2024 | Listed by KELLER WILLIAMS REALTY SMART 1 | $597,000 | |
| Listed by KELLER WILLIAMS REALTY SMART 1 | |||
| Feb 12, 2013 | Sold to Conractors Inc Competent | $250,000 | |
| Sold to Conractors Inc Competent | |||
| Jan 9, 2003 | Sold to Carl H Varnadoe | $132,200 | |
| Sold to Carl H Varnadoe | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Assigned, Driveway, Garage Door Opener, Oversized
Garage Spaces: 2
Interior Details
Interior Features: Ceiling Fans(s), High Ceiling(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
Flooring Type: Ceramic Tile
Laundry Features: Electric Dryer Hookup, In Garage, Washer Hookup
Exterior Details
Square Footage: 2420
Square Footage Source: $0
Security Features: Fire Alarm, Smoke Detector(s)
Property Condition: Completed
Year Built: 2023
Building Area Total: 3320
Levels: One
Window Features: Blinds, Double Pane Windows, Insulated Windows
Construction Materials: Block, Stucco
Patio and Porch Features: Front Porch, Patio, Rear Porch
Lot Features: Oversized Lot
Lot Size Area: 10019
Lot Size Units: Square Feet
Lot Size Acres: 0.23
Lot Size Square Feet: 10019
Lot Size Dimensions: 80 x 125
Tax Lot: 5
Water Source: Public
Financial Details
Tax Annual Amount: $1,926
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Electric
Sewer : Public Sewer
1209-1211 SE 8th TERRACE
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Multifamily
4
Beds
4
Baths
2,400 ft²
$212/ft²
$508,000
Jan 17, 2024
$508,000
Feb 28, 2024
-
House
4
Beds
3
Baths
2,096 ft²
$239/ft²
$500,000
Sep 15, 2023
$500,000
Nov 2, 2023
$80/mo
House
3
Beds
2
Baths
1,544 ft²
$330/ft²
$510,000
Jan 13, 2024
$510,000
Feb 29, 2024
$177/mo
House
3
Beds
3
Baths
-
$590,000
Sep 7, 2023
$590,000
Mar 5, 2024
$306/mo
Active
Multifamily
6
Beds
4
Baths
2,660 ft²
$207/ft²
$549,900
Mar 15, 2024
-
$617/mo
Active
House
3
Beds
3
Baths
2,178 ft²
$280/ft²
$609,900
Mar 15, 2024
-
$440/mo
Active
House
4
Beds
2
Baths
2,477 ft²
$242/ft²
$599,900
Jul 14, 2023
-
$435/mo
Active
House
4
Beds
2
Baths
2,477 ft²
$242/ft²
$599,900
Jan 1, 2024
-
$435/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
1209 Southeast 8th Terrace
1209 Southeast 8th Terrace, Cape Coral, FL 33990
- 1 Unit for Sale
About Hancock
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Listed by: Indira Shakirova
KELLER WILLIAMS REALTY SMART 1
Last Updated: 4 months ago
Data Source: Stellar MLS, MLS# P4929065
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
KELLER WILLIAMS REALTY SMART 1
Last Updated: 4 months ago
Data Source: Stellar MLS, MLS# P4929065
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
