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$335,000

  • Sold
  • Closed
  • Duplex
  • 4 Beds
  • 4 Full Baths
See This Home
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Excellent investment opportunity or owner-occupant duplex in a prime Cape Coral location! Built in 1983, this well-kept property offers two spacious units, each with 2 bedrooms, 2 bathrooms, and a 1-car garage. Both units feature easy-care tile flooring throughout-no carpet to maintain-and a practical floor plan that works well for tenants or future updates. Important improvements are already in place, including a newer roof (2019) and newer A/C systems-one replaced in 2017 and the other in 2019. A chain-link fenced backyard adds outdoor space for each unit, and both sides are currently rented, providing immediate income potential. The location is a standout feature. Sidewalks out front (a rarity in Cape Coral) make it easy to walk just three blocks to Publix, with sidewalks the entire way. Downtown Cape Coral is only minutes away, offering festivals, art shows, bike nights, restaurants, and plenty of entertainment year-round. This duplex has never experienced flooding and offers peace of mind along with excellent rental history. Whether you're looking to expand your portfolio with steady income, live in one side while renting the other, or add future value through updates, this property is a smart opportunity in one of Cape Coral's most convenient neighborhoods.

Full Property Details for 218-220 SW 47th Terrace

General

  • Sold For: $335,000
  • Taxes: (2024)
  • Status: Closed
  • Type: Duplex
  • Source: Bonita_Springs
  • MLS ID: 2025011648
  • Added to Site: 110 day(s) ago

Interior

  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Shared Amenities: None, Non-Gated

Exterior

  • Porch/Patio/Deck: Patio

Location

  • Area: CC21 - Cape Coral Unit 3, 30, 44, 6
  • County: Lee
  • Subdivision: CAPE CORAL
  • Building Name: CAPE CORAL
  • Driving Directions: From Cape Coral Pkwy W, turn north onto SW 2nd Ave then left on SW 47 Ter, property is on the left.

Community

  • Units Assoc/Comm: 2
  • Pets Allowed: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Electric
  • Heating Type: Central Electric

Utilities

  • Sewer: Assessment Paid, Central
  • Water: Assessment Paid, Central
  • Cable Available: Yes
  • Utility Description: Cable Available

Structural Information

  • Description/Design: Duplex
  • Structure Type: Duplex
  • Exterior Const.: Concrete Block, Stucco
  • Roof: Shingle
  • Windows: Sliding
  • Year Built: 1983

Lot Features

  • Lot Size (Acres): 0.23
  • Lot Size (Sq. Ft.): 10,018
  • Lot Size Source: Property Appraiser Office
  • Lot Dimensions: 80 x 80 x 125 x 125
  • Frontage Feet: 80
  • Street/Road Desc.: Paved
  • Road Maintenance: City Maintained
  • Fence: Yes
  • Irrigation System: Assessment Paid, Reclaimed
  • Lot Features: Regular
  • Zoning: R3-D
  • Lot Description: Regular
  • Fencing (Description): Fenced

Water Features

  • Water Front Desc.: None
  • Canal Width: None

Financial Considerations

  • Operating Expenses: $9,000
  • Tax Year: 2024
  • Terms: Buyer Finance/Cash
  • Tenant Pays: Application Fee, Cable TV, Electricity, Telephone, Internet Access, Sewer, Water

Disclosures and Reports

  • Legal Description: CAPE CORAL UNIT 30 BLK 162 PB 16 PG 27 LOTS 37 + 38
  • Property ID: 11-45-23-C3-00162.0370
  • Section: 11
  • Block: 162
  • Lot Number: 37

Listed by Century 21 Selling Paradise
Sold by Palm Paradise Realty Group

Listing agent

— 218-220 SW 47th Terrace —

  • Century 21 Selling Paradise

Get Pre-Approved Today

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 218-220 SW 47th Terrace

Date
Details
Price
Change
Source
11/20/2025
Sold
$335,000
-4.26%
MLS
10/01/2025
Listed
$349,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Century 21 Selling Paradise
Sold by Palm Paradise Realty Group

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218-220 SW 47th Ter, Cape Coral, FL 33914 (MLS# 2025011648) is a Duplex property that was sold at $335,000 on November 20, 2025. Want to learn more about 218-220 SW 47th Ter? Do you have questions about finding other Duplex real estate for sale in Cape Coral? You can browse all Cape Coral real estate or contact a Coldwell Banker agent to request more information.