507/509 Sw 8th Pl, Cape Coral, Florida 33991

This well-maintained duplex, built in 2021, offers excellent rental income potential, estimated at around $52, 800 per year with both units rented. It’s located in a growing and desirable neighborhood with easy access to Pine Island Road, shopping, dining, and everyday conveniences. One unit is currently tenant-occupied, generating immediate income of $2, 200 per month from a great long-term tenant. The other unit was recently occupied by another long-term tenant who also paid $2, 200 monthly, and it’s now ready for a new tenant or an owner-occupant, and is available for immediate occupancy making it easy to show. Washer and dryer are included in each unit. The property is not in a flood zone, so no flood insurance is required. Both units come equipped with manual hurricane shutters and automatic sprinklers. Inside, each unit features tile flooring throughout, a spacious kitchen with an island, a screened-in lanai, and a fully fenced backyard, perfect for privacy and outdoor enjoyment. Whether you’re looking to expand your rental portfolio or live in one side while renting out the other, this duplex is a smart move in an up-and-coming area