406/408 SW 2nd TER Active Save Request In-Person Tour Request Virtual Tour
Cape Coral,FL 33991
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,708 sqft
Price per Sqft $216
Subdivision Cape Coral
MLS Listing ID 225060164
Style Duplex
Bedrooms 4
Full Baths 4
Construction Status Resale
HOA Y/N No
Year Built 1984
Annual Tax Amount $3,687
Tax Year 2024
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions Appraiser
Property Sub-Type Duplex
Property Description
Welcome to 406-408 SW 2nd Ter! Fantastic investment or house-hack opportunity in the heart of Cape Coral! This well-maintained, income-producing concrete block duplex features 4 beds and 4 baths total—each unit offering 2 beds, 2 baths, screened lanai, laundry, and separate water and electric meters. One side is move-in ready, making it ideal for an owner-occupant or first-time homebuyer looking to offset their mortgage with rental income. Interior highlights include laminate wood flooring on one side, durable 18” ceramic tile on the other and upgraded vanities throughout. Exterior highlights include ample parking, recently installed gutters (2022), manicured landscaping. manual shutters (2022) and exterior painting (2022). Located in an X flood zone (no lender-required flood insurance), this property is on city water and sewer, and is zoned CORR, offering long-term flexibility and potential for mixed-use or future redevelopment (currently grandfathered in for multi-family use, buyer to verify with city). Nestled just off the vibrant Pine Island Road corridor, you're minutes from Publix, Target, Sam's Club, restaurants, schools, Sun Splash Waterpark, Matlacha, and Veterans Pkwy for quick access to Fort Myers. Roof replaced in 2021; HVAC units approx. 2014–2016 per seller. Whether you're an investor expanding your portfolio or a buyer seeking both lifestyle and passive income, this property offers location, flexibility, and long-term value in one of Cape Coral's fastest-growing areas of the city. Schedule a showing today!
Location
State FL
County Lee
Community Cape Coral
Area Cc23 - Cape Coral Unit 28,29,45,62,63,66,68
Rooms
Bedroom Description NaN
Interior
Heating Central, Electric
Cooling Central Air, Ceiling Fan(s), Electric
Flooring Laminate, Tile, Vinyl
Furnishings Furnished
Fireplace No
Window Features Single Hung,Sliding
Exterior
Exterior Feature Room For Pool
Community Features Non- Gated
Utilities Available Cable Available
Amenities Available None
Waterfront Description None
Water Access Desc Public
Roof Type Shingle
Garage No
Private Pool No
Building
Lot Description Rectangular Lot
Dwelling Type Duplex
Sewer Public Sewer
Water Public
Architectural Style Duplex
Structure Type Block,Concrete,Stucco
Construction Status Resale
Others
Pets Allowed Yes
Senior Community No
Tax ID 14-44-23-C1-01948.0550
Acceptable Financing All Financing Considered,Cash,FHA
Listing Terms All Financing Considered,Cash,FHA
Pets Allowed Yes