Home For Sale near Cape Coral Area

Well-positioned and income-producing, this spacious duplex offers two fully leased 2-bedroom, 2-bathroom units, each with private entrances, generous layouts, and dedicated parking. Located in a strong rental area of Cape Coral, this property delivers immediate cash flow with a 6.2% cap rate - ideal for both new and seasoned investors. Each unit is separately metered, with solid concrete block construction and minimal maintenance needs. Long-term tenants are already in place, and current rents support stable income with room for future upside through gradual rent increases. Both units have laundry hook ups! The property is situated directly next door to an 8-unit multifamily property also available for sale, offering a rare opportunity to acquire 10 doors on a single street - perfect for investors seeking operational efficiency and portfolio scale. Whether you're buying for cash flow, 1031 exchange, or long-term appreciation, this turnkey duplex checks all the boxes.

Property Details

  • Beds: 4
  • Baths: 4.0
  • Year Built: 1978
  • Location: Cape Coral Area
  • Acres: 0.230
  • County: Lee County
  • Community: CAPE CORAL
  • Heat/AC: Central, Electric (Heating)
  • Siding: Block, Concrete, Stucco
  • Roof: Shingle
  • Property Taxes: $4,710
  • MLS #: 2025001580

Location

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Contact Information:

Contact Agent
Listing Agent: Nicole Pistone, Lee Island Coast Real Estate, Inc, 239-628-7439, 239-989-0111 Listing Site, Listing Status: Active
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Home For Sale in Cape Coral, Florida
Ad Number : 6982435
Viewed: 15 times
Added: Dec 10, 2025
Updated on: Feb 05, 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified.