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$570,000
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Property Description
Great investment property located in a very convenient neighborhood. All 3 units have 2 bedrooms and 2 bathrooms, tiled throughout, with a screened in lanai, and washer / dryer hook ups on the lanai, 2 linen closets and a walk-in closet in the master bedroom. Both bathrooms have a tub. Large parking lot. Unit B has a washer and dryer. New roof in 2021. Unit A was just painted. Assessments are in and paid. NOT in a flood zone.
Full Property Details
Full Property Details for 703 SE 8th Terrace
General
- Price: $570,000
- Taxes: (2024)
- Status: Active
- Type: Triplex
- Source: Bonita_Springs
- MLS ID: 2026003739
- Updated: 2/24/2026
- Added to Site: 39 day(s) ago
Interior
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 6
Additional Information
- Shared Amenities: None, Non-Gated
Exterior
- Exterior Features: None
Location
- Area: CC14 - Cape Coral Unit 16, 18, 22-
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
Community
- Units Assoc/Comm: 3
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Electric
- Heating Type: Central Electric
Utilities
- Sewer: Assessment Paid
- Water: Assessment Paid
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Description/Design: Triplex
- Exterior Const.: Concrete Block, Stucco
- Roof: Shingle
- Windows: Single Hung
- Stories/Levels: 1
- Year Built: 2007
Lot Features
- Lot Size (Acres): 0.344
- Lot Size (Sq. Ft.): 14,984
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 80 x 80 x 120 x 120
- Frontage: Public Road
- Frontage Feet: 80
- Street/Road Desc.: Paved
- Irrigation System: None
- Lot Features: 3 Lots
- Zoning: RML
- Lot Description: 3 Lots
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Operating Expenses: $12,292
- Tax Year: 2024
- Terms: Seller Pays Title
- Tenant Pays: Cable TV, Electricity, Internet Access, Pest Control, Pet Deposit, Security, Water
Disclosures and Reports
- Multiple Parcels: Yes
- Legal Description: CAPE CORAL UNIT 24 BLK 1154 PB 14 PG 77 LOTS 28 THRU 30
- Property ID: 24-44-23-C2-01154.0280
- Section: 24
- Block: 1154
- Lot Number: 28
Listed by Cape Coral Real Estate & RE
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Schools
Schools serving 703 SE 8th Terrace
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Caloosa Elementary School 620 Del Prado Boulevard South, Cape Coral, FL 33990 | K-5 | 1.2 mi |
Tropic Isles Elementary School 5145 Orange Grove Boulevard, North Fort Myers, FL 33903 | K-5 | 3.3 mi |
Diplomat Elementary School 1115 Northeast 16th Terrace, Cape Coral, FL 33909 | K-5 | 3.4 mi |
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990 | 6-8 | 1.1 mi |
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909 | 6-8 | 3.4 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 2.2 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 3.4 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 3.6 mi |
Hancock Creek Elementary School 1601 Skyline Drive, North Fort Myers, FL 33903 | K-5 | 3.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 703 SE 8th Terrace
Date
Details
Price
Change
Source
1/23/2026
Listed
$570,000
42.86%
MLS
10/28/2020
Sold
$399,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 703 SE 8th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,898
-19%
$448,486
6%
2024
$8,508
6%
$422,087
3%
2023
$8,007
19%
$411,771
33%
2021
$6,739
-9%
$310,655
-26%
2022
$7,393
10%
$418,108
50%
2021
$6,739
13%
$279,398
11%
2019
$5,939
-10%
$252,658
10%
2018
$6,621
5%
$229,689
-4%
2017
$6,276
6%
$239,011
11%
2016
$5,927
9%
$214,656
22%
2015
$5,455
17%
$175,489
10%
2014
$4,681
10%
$159,985
12%
2013
$4,266
—
$142,618
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 703 SE 8th Terrace
703 SE 8th Ter, Cape Coral, FL 33990 (MLS# 2026003739) is a Triplex property with 6 bedrooms and 6 full bathrooms. 703 SE 8th Ter is currently listed for $570,000 and was received on January 23, 2026. Want to learn more about 703 SE 8th Ter? Do you have questions about finding other Triplex 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.

