Best investment opportunity in Cape Coral! This well-maintained quadplex has been updated to the highest standards and is ideally located in the heart of Cape Coral near the hospital, shopping, dining, and public transportation.
Each unit has been thoughtfully renovated within the last few years, featuring updated kitchens, bathrooms, and flooring, along with desirable open-concept layouts. The upper units offer private walk-out balconies, while the lower units enjoy privacy fence in the backyard spaces for added privacy and outdoor living.
Major capital improvements have already been completed, including a new roof installed just three years ago, all AC systems replaced in 2023, new driveway completed last month, and new backflow preventers installed in 2024. The exterior staircases leading to the second-floor units were also recently rebuilt.
Situated on a rare triple lot, this property offers tremendous upside potential with nothing left to do but collect income. Whether you're expanding your portfolio or looking for a turnkey investment property, this quadplex is a must-see. Schedule your showing today!
Closed
$647,000
1269 SE 8th Ter, Cape Coral, FL 33990
8beds
3,536sqft
Quadruplex, Multi Family
Built in 1981
-- sqft lot
$646,400 Zestimate®
$183/sqft
$1,419 Estimated rent
Home value
$646,400
$575,000 - $724,000
$1,419/mo
Zestimate® history
Owner options
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$1,419/mo
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$1,419/mo
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$4,231/mo
Est. payment
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$4,231/mo
Est. payment
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List your homeWhat's special
Outdoor livingUpdated kitchensDesirable open-concept layoutsNew drivewayPrivate walk-out balconies
Zillow last checked:
Listing updated:
Listed by:
Brian Falke 239-297-8408,
Barclays Real Estate Group 1
Bought with:
Desiree Barron, 258034945
RE/MAX Trend
Source: Florida Gulf Coast MLS,MLS#: 2026023756
Originating MLS: Florida Gulf Coast
Originating MLS: Florida Gulf CoastFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central, Electric
Cooling
- Central Air, Electric
Features
- Flooring: Vinyl
- Windows: Other
Interior area
- Total structure area: 3,536
- Total interior livable area: 3,536 sqft
Property
Features
- Exterior features: None
- Waterfront features: None
Lot
- Size: 0.37 Acres
- Features: Oversized Lot
Details
- Parcel number: 194424C200800.0340
- Lease amount: $0
- Zoning description: RML
Construction
Type & style
- Home type: MultiFamily
- Architectural style: None
- Property subtype: Quadruplex, Multi Family
Materials
- Other, Stucco
- Roof: Shingle
Condition
- Resale
- Year built: 1981
Utilities & green energy
- Sewer: Assessment Paid
- Water: Assessment Paid
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Non-Gated
- Condo and coop fee: $0
- Membership fee: $0
- Subdivision: CAPE CORAL
HOA
- Amenities included: None
Location
- Region: Cape Coral
Financial & listing details
- Price per square foot: $183/sqft
- Tax assessed value: $348,188
- Annual tax amount: $7,719
- Date on market: 5/29/2026
- Cumulative days on market: 39 days
- Listing terms: All Financing Considered,Cash,FHA,VA Loan
- Tenant pays: Water
- Contingency: Financing
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2026 | Sold | $647,000-2%$183/sqft |
Source:  Florida Gulf Coast MLS #2026023756 Report a problem | ||
| 5/30/2026 | Pending sale | $659,995$187/sqft |
Source: Florida Gulf Coast MLS #2026023756 Report a problem | ||
| 5/29/2026 | Listed for sale | $659,9950%$187/sqft |
Source: Florida Gulf Coast MLS #2026023756 Report a problem | ||
| 2/15/2022 | Sold | $660,000-2.9%$187/sqft |
Source: Florida Gulf Coast MLS #221052921 Report a problem | ||
| 1/22/2022 | Pending sale | $679,900$192/sqft |
Source:  Florida Gulf Coast MLS #221052921 Report a problem | ||
| 1/17/2022 | Price change | $679,900-1.3%$192/sqft |
Source: Florida Gulf Coast MLS #221052921 Report a problem | ||
| 12/29/2021 | Listed for sale | $689,000$195/sqft |
Source: Florida Gulf Coast MLS #221052921 Report a problem | ||
| 12/28/2021 | Pending sale | $689,000$195/sqft |
Source: Florida Gulf Coast MLS #221052921 Report a problem | ||
| 12/16/2021 | Price change | $689,000+14.9%$195/sqft |
Source: Florida Gulf Coast MLS #221052921 Report a problem | ||
| 9/10/2021 | Pending sale | $599,900$170/sqft |
Source: Florida Gulf Coast MLS #221052921 Report a problem | ||
| 8/30/2021 | Listed for sale | $599,900$170/sqft |
Source: Florida Gulf Coast MLS #221052921 Report a problem | ||
| 7/29/2021 | Pending sale | $599,900$170/sqft |
Source: Florida Gulf Coast MLS #221052921 Report a problem | ||
| 7/19/2021 | Listed for sale | $599,900+274.9%$170/sqft |
Source: Florida Gulf Coast MLS #221052921 Report a problem | ||
| 7/6/2010 | Sold | $160,000+60%$45/sqft |
Source: Public Record Report a problem | ||
| 10/13/2009 | Sold | $100,000$28/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,720 +0.7% | $340,238 +10% |
| 2024 | $7,663 +20.2% | $309,307 +10% |
| 2023 | $6,378 +0.6% | $281,188 +6.1% |
| 2022 | $6,338 +12.4% | $264,944 +10% |
| 2021 | $5,638 +5.2% | $240,858 +10% |
| 2020 | $5,358 +6.2% | $218,962 -7.1% |
| 2019 | $5,045 | $235,793 +5.8% |
| 2018 | $5,045 +4.8% | $222,867 +3% |
| 2017 | $4,815 +4.7% | $216,405 +18.5% |
| 2016 | $4,597 +9.8% | $182,570 +20.5% |
| 2015 | $4,185 +10.5% | $151,500 -17.1% |
| 2014 | $3,788 -2.4% | $182,747 +23.7% |
| 2013 | $3,882 +18.8% | $147,786 -3.3% |
| 2012 | $3,269 +19.5% | $152,784 +64.5% |
| 2011 | $2,736 +2.5% | $92,861 +7.3% |
| 2010 | $2,669 -27.6% | $86,573 -34.9% |
| 2009 | $3,687 -36.3% | $133,070 -52.8% |
| 2007 | $5,788 -13.6% | $281,730 -12.6% |
| 2006 | $6,699 +81.1% | $322,260 +130.5% |
| 2004 | $3,700 +11.4% | $139,800 +22.6% |
| 2003 | $3,322 +26% | $114,040 +39.8% |
| 2002 | $2,636 | $81,560 +0.8% |
| 2000 | -- | $80,900 |
Find assessor info on the county website
Neighborhood: 33990
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Nearby schools
GreatSchools rating
- 6/10Caloosa Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Caloosa Middle SchoolGrades: 6-8Distance: 0.5 mi
- 6/10North Fort Myers High SchoolGrades: 9-12Distance: 2.7 mi
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- Florida
- Lee County
- Cape Coral
- 33990
- 1269 SE 8th Ter
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