Contact Joseph Treanor
Schedule A Showing
1020 8th Terrace, Cape Coral, FL 33909
Priced at Only: $699,900
For more Information Call
Mobile: 352.442.9523
Address: 1020 8th Terrace, Cape Coral, FL 33909
Property Photos
Property Location and Similar Properties
- MLS#: TB8428820 ( ResidentialIncome )
- Street Address: 1020 8th Terrace
- Viewed: 3
- Price: $699,900
- Price sqft: $0
- Waterfront: No
- Year Built: 1983
- Bldg sqft: 0
- Bedrooms: 8
- Total Baths: 4
- Days On Market: 20
- Additional Information
- Geolocation: 26.6675 / -81.9522
- County: LEE
- City: Cape Coral
- Zipcode: 33909
- Subdivision: Cape Coral
- Provided by: GENSTONE REALTY
- DMCA Notice
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DescriptionInvestor Opportunity! NO FLOOD ZONE! This well maintained quadplex in NE Cape Coral features four spacious 2 bedroom, 1 bath units, each designed with a functional layout and comfortable living space. Every unit includes open living and dining areas, private entryways, and laundry hookups, creating an appealing setup for long term tenants. Dedicated parking for residents adds convenience, and separate utility meters for each unit simplify management and reduce owner expenses. The property sits in a prime location surrounded by steady rental demand. Residents benefit from close proximity to shopping, restaurants, schools, parks, and main commuter routes, making this a highly desirable area for tenants. With Cape Corals rapid growth and strong rental market, this property presents an excellent opportunity for investors seeking both reliable income and long term appreciation. This quadplex generates consistent cash flow and offers significant upside potential through market rent increases. Multi family properties of this size and condition are rare to find in the area, making 1020 NE 8th Terrace a smart addition to any investment portfolio. Whether you are expanding your holdings or searching for your first income producing property, this offering checks all the boxes for a profitable, low maintenance asset in one of Southwest Floridas fastest growing markets.
Features
Possible Terms
- Cash
- Conventional
- Other
- VaLoan
Home Owners Association Fee
- 0.00
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Cooling
- CentralAir
- CeilingFans
Country
- US
Covered Spaces
- 0.00
Exterior Features
- Lighting
- Other
Garage Spaces
- 0.00
Heating
- Central
- Electric
Insurance Expense
- 0.00
Interior Features
- CeilingFans
- LivingDiningRoom
Legal Description
- CAPE CORAL UNIT 31 BLK 2015 PB 14 PG 154 LOTS 9 10 + 11
Living Area
- 3400.00
Area Major
- 33909 - Cape Coral
Net Operating Income
- 0.00
Occupant Type
- Tenant
Open Parking Spaces
- 0.00
Other Expense
- 0.00
Parcel Number
- 06-44-24-C4-02015.0090
Pet Deposit
- 0.00
Possession
- CloseOfEscrow
Property Type
- ResidentialIncome
Roof
- Shingle
Security Deposit
- 0.00
Sewer
- PublicSewer
Tax Year
- 2024
Tenant Pays
- Electricity
- Water
The Range
- 0.00
Trash Expense
- 0.00
Utilities
- CableConnected
- ElectricityConnected
- HighSpeedInternetAvailable
Virtual Tour Url
- https://www.propertypanorama.com/instaview/stellar/TB8428820
Water Source
- Public
Year Built
- 1983
Zoning Code
- CORR

- Joseph Treanor
- Tropic Shores Realty
- If I can't buy it, I'll sell it!
- Mobile: 352.442.9523
- 352.442.9523
- joe@jetsellsflorida.com