218-220 SW 47th TER Pending Save Request In-Person Tour Request Virtual Tour
Cape Coral,FL 33914
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Subdivision Cape Coral
MLS Listing ID 2025011648
Style Resale Property
Bedrooms 4
Full Baths 4
HOA Y/N No
Year Built 1983
Annual Tax Amount $5,233
Tax Year 2024
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Duplex
Source Florida Gulf Coast
Property Description
Excellent investment opportunity or owner-occupant duplex in a prime Cape Coral location! Built in 1983, this well-kept property offers two spacious units, each with 2 bedrooms, 2 bathrooms, and a 1-car garage. Both units feature easy-care tile flooring throughout—no carpet to maintain—and a practical floor plan that works well for tenants or future updates. Important improvements are already in place, including a newer roof (2019) and newer A/C systems—one replaced in 2017 and the other in 2019. A chain-link fenced backyard adds outdoor space for each unit, and both sides are currently rented, providing immediate income potential. The location is a standout feature. Sidewalks out front (a rarity in Cape Coral) make it easy to walk just three blocks to Publix, with sidewalks the entire way. Downtown Cape Coral is only minutes away, offering festivals, art shows, bike nights, restaurants, and plenty of entertainment year-round. This duplex has never experienced flooding and offers peace of mind along with excellent rental history. Whether you're looking to expand your portfolio with steady income, live in one side while renting the other, or add future value through updates, this property is a smart opportunity in one of Cape Coral's most convenient neighborhoods.
Location
State FL
County Lee
Community Non-Gated
Area Cape Coral
Zoning R3-D
Interior
Heating Central Electric
Flooring Tile
Fireplace No
Heat Source Central Electric
Exterior
Fence Fenced
Amenities Available None
Waterfront Description None
Roof Type Shingle
Street Surface Paved
Porch Patio
Garage No
Private Pool No
Building
Lot Description Regular
Water Assessment Paid,Central
Architectural Style Duplex
Structure Type Concrete Block,Stucco
New Construction No
Others
Pets Allowed With Approval
Senior Community No
Tax ID 11-45-23-C3-00162.0370