$729,999 for Sale

1020 ne 8th terrace , cape coral, FL 33909

Beds 8 Baths 4 3,400 Sqft 0.35 Acres 1 of 20
Property Description
Investor Opportunity! 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 Coral’s 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 Florida’s fastest-growing markets.
General Information
Sale Price: $729,999
Price/SqFt: $215
Status: Active
MLS#: TB8428820
City: cape coral
Post Office: cape coral
County: Lee
Subdivision: cape coral
Acres: 0.35
Bedrooms:8
Bathrooms:4
House Size: 3,400 sq.ft.
Acreage: 0.35 est.
Year Built: 1983
Property Type: Quadruplex
Style:
Features & Room Sizes
Paved Road:  Paved
Garage:  No
Construction:  Block
Exterior Misc:  Lighting, Other, Private Mailbox
Basement:  No
Foundation :  Block
Cooling:  Central Air
Heating:  Central, Electric
Waste:  Public Sewer
Watersource:  Public
Tax, Fees & Legal
Est. Summer Taxes:  $0
Est. Winter Taxes:  $9,246
Legal Description:  CAPE CORAL UNIT 31 BLK 2015 PB 14 PG 154 LOTS 9 10 + 11


Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Nick Kozlar of GENSTONE REALTY, Phone: 833-396-0092
(920) 205-1633 Call Lisa Heid for more information about this property.

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This Home located at
1020 ne 8th terrace, cape coral FL 33909
is currently for sale priced at $729,999 and was listed on September, 16, 2025 and has been on the market for 7 days and was last updated on September, 23, 2025.

1020 ne 8th terrace has 8 bedrooms, 4 bathrooms, and approximately 3,400 square feet. with 0.35 acres and was built in 1983. 1020 ne 8th terrace is in the 33909 ZIP Code area of cape coral.

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