#225032684, Maureen Mitchell, Listing office: Marshall Reddick Real Estate
Property details
About 541 SE 8th Ter
Turnkey Duplex Investment Opportunity in SE Cape Coral! Welcome to 541 SE 8th Terrace – a well-maintained duplex featuring two spacious 3-bedroom, 2-bathroom units in the heart of Cape Coral. This income-producing property offers strong rental potential with each unit boasting tile flooring, open floor plans, and private laundry areas. Located on a corner lot with city water & sewer in place, this duplex is minutes from shopping, dining, and schools, making it attractive to long-term tenants. Whether you’re an investor looking to expand your portfolio or a homeowner seeking to live in one unit while renting the other, this property delivers flexibility, stability, and value. Projected gross rental income: $42,000 annually. No HOA, no flood zone, and strong upside potential in a growing rental market! Don’t miss this opportunity to own a ready-to-go duplex in one of Southwest Florida’s fastest-growing cities.
Highlights
Home typeDuplex
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Lot size0.241 Acres
Year built1979
MLS #225040575
Summary
- Full Bathrooms: 4
- Flooring Type: Other
- Total Bedroom Count: 6
- Private Pool: No
- Waterfront: None
- Exterior: None
- Architectural Style: Duplex
- Heating: Central, Electric
- Cooling: Central Air, Electric
- List Price: $400,000
- HOA Amount: $0
- Annual Tax Amount: $6,961
- Tax Year: 2023
- Lot: Corner Lot
- Year Built: 1979
- Lot Size: 0.241 Acres
- MLS Number: 225040575
- MLS Name: FGC
- Office Name: Ace Realty & Associates, LLC
- Office Phone: (786) 501-0861
- Office Email: andy@acerealtyassociates.com
- Listing Agent: Eduardo Linares
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. 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. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/21/2025, 7:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 28, 2021 | Home Sold | $370,000 |
| Dec 19, 2018 | Home Sold | $250,000 |
| Nov 25, 2013 | Home Sold | $95,000 |
| Jan 04, 2007 | Home Sold | $330,000 |
| Sep 16, 2003 | Home Sold | $169,000 |
| May 07, 1999 | Home Sold | $45,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $316,341 | $6,961 |
| 2022 | $264,084 | $6,191 |
| 2021 | $198,351 | $6,191 |
| 2020 | $180,072 | $5,317 |
History based on county public records data.
Nearby schools
6
Caloosa Elementary School
Public District KG-5
1.3 mi
•620 Del Prado Blvd S
5
Hector A. Cafferata, Jr. Elementary School
Public District KG-5
1.6 mi
•250 Santa Barbara Blvd N
5
Patriot Elementary School
Public District KG-5
2.1 mi
•711 SW 18th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $60,965. The most common annual income of people living in Cape Coral, FL is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
5%
<35k
81%
35k-100k
14%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
41%
Single, No Kids
14%
Single, with Kids
27%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
7%
12-17 yrs old
22%
18-34 yrs old
41%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Horse Races
PGA/LPGA
Where do the neighbors shop?
Nordstrom Rack
Stein Mart
Family Dollar
Where do the neighbors go to eat?
Chipotle
LongHorn Steakhouse
Bonefish Grill
What do the neighbors drive?
Mazda
Buick
Lincoln
What do the neighbors listen to?
Rock
Contemporary Inspirational
Classical
All data provided by Home Junction and Claritas
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Frequently asked questions
About 541 SE 8th Ter
The listing price of 541 SE 8th Ter property is $400,000.
The property 541 SE 8th Ter is a multi located in Cape Coral, Florida, 33990.
Active Listing: 541 SE 8th Ter is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 541 SE 8th Ter are: Caloosa Elementary School (GreatSchools Rating 6/10), Hector A. Cafferata, Jr. Elementary School (GreatSchools Rating 5/10), Patriot Elementary School (GreatSchools Rating 5/10), Mid Cape Global Academy (GreatSchools Rating 3/10), Caloosa Middle School (GreatSchools Rating 5/10), Heritage Charter Academy of Cape Coral (GreatSchools Rating 2/10), North Nicholas High School (GreatSchools Rating 1/10), Cape Coral High School (GreatSchools Rating 4/10), Mariner High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $6,961 (source: MLS/based on county public records data).
The last sale was on July 28, 2021 for $370,000 (source: MLS/tax record).
The year of construction for 541 SE 8th Ter is 1979.
This home is located at 541 SE 8th Ter in Cape Coral, FL and zip code 33990 in the Hancock neighborhood. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 23, 2025 and is currently priced at $400,000.
In June 2025, from all listings sold in Cape Coral, FL there were more than 44 sold above asking price, over 364 sold below and more than 95 were sold right at the asked price. The inventory of homes for sale in Cape Coral, FL between May and June 2025 decreased by 1.3%. In June 2025 median list price was $379,376 and the average listing age was 77 days.
From Rocket Homes Real Estate and based on county public records data.