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    • $535,000

    507/509 SW 8th Pl, Cape Coral, FL 33991

    6beds
    2,400sqft
    Duplex, Multi Family
    Built in 2021
    -- sqft lot
    $523,300 Zestimate®
    $223/sqft
    $2,062 Estimated rent

    Home value

    $523,300

    $461,000 - $591,000

    $2,062/mo

    Zestimate® history
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    What's special

    Screened-in lanaiAutomatic sprinklersManual hurricane shuttersFully fenced backyard
    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

    Zillow last checked:

    Listing updated:

    Listed by:

    Mason White 239-821-2234,

    EXP Realty, LLC,

    Sheri Harris 609-462-8358,

    EXP Realty, LLC

    Bought with:

    Alfonso Padilla, 258026139

    John R. Wood Properties

    Source: Florida Gulf Coast MLS,MLS#: 2025003102MLS LogoOriginating MLS: Florida Gulf Coast

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Features
    • Flooring: Tile
    • Windows: Double Hung
    Interior area
    • Total structure area: 2,400
    • Total interior livable area: 2,400 sqft

    Property

    Features
    • Exterior features: Fence, Sprinkler/Irrigation
    • Waterfront features: None
    Lot
    • Size: 10,105 Square Feet
    • Dimensions: 82 x 125 x 82 x 125
    • Features: Rectangular Lot, Sprinklers Automatic
    Details
    • Parcel number: 154423C304567.0170
    • Lease amount: $0
    • Land lease expiration date: 1785456000000
    • Zoning description: MR

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Duplex
    • Property subtype: Duplex, Multi Family
    Materials
    • Block, Concrete, Stucco
    • Roof: Shingle
    Condition
    • Resale
    • Year built: 2021

    Utilities & green energy

    • Sewer: Assessment Paid, Public Sewer
    • Water: Assessment Paid, Public
    • 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: $223/sqft
    • Annual tax amount: $9,302
    • Date on market: 8/10/2025
    • Cumulative days on market: 50 days
    • Listing terms: All Financing Considered,Cash,FHA,VA Loan
    • Tenant pays: Cable TV, Electricity, Internet, Sewer, Water
    • Contingency: Financing
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/29/2025Sold$535,000-7%$223/sqft
    Source: Florida Gulf Coast MLS #2025003102 Report a problem
    9/5/2025Pending sale$575,000$240/sqft
    Source: Florida Gulf Coast MLS #2025003102 Report a problem
    8/10/2025Listed for sale$575,000$240/sqft
    Source: Florida Gulf Coast MLS #2025003102 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 33991

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
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    $523,300
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    +$10,466
    With Zillow Showcase(estimated)
    $533,766

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