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$535,000

  • Sold
  • Closed
  • Duplex
  • 6 Beds
  • 4 Full Baths
See This Home
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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

Full Property Details for 507/509 SW 8th Pl

General

  • Sold For: $535,000
  • Taxes: (2024)
  • Status: Closed
  • Type: Duplex
  • Source: Bonita_Springs
  • MLS ID: 2025003102
  • Added to Site: 161 day(s) ago

Interior

  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Shared Amenities: None, Non-Gated

Exterior

  • Exterior Features: Automatic Sprinkler

Location

  • Area: CC23 - Cape Coral Unit 28, 29, 45, 62, 63, 66, 68
  • County: Lee
  • Subdivision: CAPE CORAL
  • Building Name: CAPE CORAL

Community

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

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), 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: Double Hung
  • Year Built: 2021

Lot Features

  • Lot Size (Acres): 0.232
  • Lot Size (Sq. Ft.): 10,105
  • Lot Size Source: Property Appraiser Office
  • Lot Dimensions: 82 x 82 x 125 x 125
  • Frontage Feet: 82
  • Street/Road Desc.: Paved
  • Road Maintenance: City Maintained
  • Fence: Yes
  • Irrigation System: Assessment Paid, Central
  • Lot Features: Regular
  • Zoning: MR
  • Lot Description: Regular
  • Fencing (Description): Fenced

Water Features

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

Financial Considerations

  • Tax Year: 2024
  • Terms: Buyer Finance/Cash, FHA, VA Loan
  • Tenant Pays: Cable TV, Electricity, Internet Access, Sewer, Water

Disclosures and Reports

  • Legal Description: CAPE CORAL UNIT 68 BLK 4567 PB 23 PG 106 LOTS 17 + 18
  • Property ID: 15-44-23-C3-04567.0170
  • Section: 15
  • Block: 4567
  • Lot Number: 17

Listed by EXP Realty, LLC
Sold by John R. Wood Properties

Listing agents

— 507/509 SW 8th Pl —

  • EXP Realty, LLC

  • EXP Realty, LLC

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 507/509 SW 8th Pl

Date
Details
Price
Change
Source
9/29/2025
Sold
$535,000
-6.96%
MLS
8/10/2025
Listed
$575,000
—
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 EXP Realty, LLC
Sold by John R. Wood Properties

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507/509 SW 8th Pl, Cape Coral, FL 33991 (MLS# 2025003102) is a Duplex property that was sold at $535,000 on September 29, 2025. Want to learn more about 507/509 SW 8th Pl? 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.