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$460,000
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Property Description
Newer 2017-built, well cared-for income-producing duplex in a convenient south-central location! This property offers two spacious 3-bedroom, 2-bath units, each with a 1-car garage-ideal for investors or those looking to live in one side and rent the other. One unit is already leased at $1,595/month, providing immediate rental income, while the other offers flexibility for owner-occupancy or additional income potential. Ideally located directly across from the library and next to a quiet walking path, this property offers a peaceful setting with everyday conveniences nearby. Each unit features a functional layout with comfortable living spaces, ample bedrooms, and private garage parking. Great investment opportunity with strong rental potential. Photos are of Unit 842. Unit 844 is tenant-occupied with a similar mirrored layout. Whether you're looking to live in one side and rent the other, or add a solid income-producing property to your portfolio, this duplex delivers value, location, and versatility.
Full Property Details
Full Property Details for 842 SW 39th Terrace
General
- Price: $460,000
- Taxes: $7,750 (2025)
- Status: Active
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: C7524390
- Updated: 5/17/2026
- Added to Site: 32 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Thermostat
- Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
- Furnishings: Unfurnished
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Electric Dryer Hookup, In Garage, Washer Hookup
Exterior
- Exterior Features: Irrigation System, Private Entrance, Private Mailbox, Sliding Doors
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 33914 - Cape Coral
- County: Lee
- Development Name: 33914 - Cape Coral
- Subdivision: CAPE CORAL
- Driving Directions: Take Colonial Blvd, Midpoint Bridge, Veterans Memorial Pkwy/Veterans Pkwy and Skyline Blvd Turn right onto Mohawk Pkwy to right onto SW 9th Ct Turn right onto SW 39th Terrace Destination will be on the right
Community
- Community Name: 33914 - Cape Coral
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electricity Connected, Sewer Connected, Sprinkler Recycled, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Block, Stucco
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 2,418
- Sq. Ft. Source: Public Records
- Year Built: 2017
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,019
- Lot Size: 10019
- Lot Dimensions: 80 x 125
- Street/Road Desc.: Asphalt, Paved
Financial Considerations
- Tax Amount: $7,750.41
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: CAPE CORAL UNIT 66 BLK 3298 PB 22 PG 5 LOTS 9 + 10
- Flood Zone Info: AE
- APN: 034523C303298.0090
- Property ID: 034523C303298.0090
- Block/Lot/Section: 3298
Listed by Rossman Realty Group, Inc.
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Schools
Schools serving 842 SW 39th Terrace
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Pelican Elementary School 3525 Southwest 3rd Avenue, Cape Coral, FL 33914 | K-5 | 1 mi |
Gulf Elementary School 3400 Southwest 17th Place, Cape Coral, FL 33914 | K-5 | 1.5 mi |
Cape Elementary School 4519 Vincennes Boulevard, Cape Coral, FL 33904 | K-5 | 2.9 mi |
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914 | 6-8 | 1.3 mi |
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 3.3 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 1.5 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 2.3 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 6 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 7.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 842 SW 39th Terrace
Date
Details
Price
Change
Source
5/15/2026
Listed
$460,000
55.93%
MLS
5/12/2017
Sold
$295,000
—
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 842 SW 39th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,750
38%
$369,331
-12%
2024
$5,628
5%
$418,472
3%
2023
$5,379
23%
$408,245
12%
2022
$4,384
-19%
$364,293
44%
2021
$5,382
—
$252,797
10%
2021
$5,382
11%
$229,325
5%
2019
$4,863
-2%
$218,029
-1%
2018
$4,968
613%
$219,664
1088%
2017
$697
80%
$18,492
9%
2016
$388
-1%
$17,000
45%
2015
$390
31%
$11,700
77%
2014
$297
40%
$6,600
57%
2013
$212
—
$4,200
—
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 842 SW 39th Terrace
842/844 SW 39th Terrace, Cape Coral, FL 33914 (MLS# C7524390) is a Duplex property with 6 bedrooms and 0 full bathrooms. 842/844 SW 39th Terrace is currently listed for $460,000 and was received on May 15, 2026. Want to learn more about 842/844 SW 39th Terrace? 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.

