$349,900

218-220 SW 47th TER, Cape Coral, FL 33914

4 beds |
4 baths

Duplex
Built in 1983
10,019sqft lot
—— car garage
$——/sqft
Listed 1 month ago

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.

Listing Status:: Pending
Date Added:: October 1, 2025 at 05:00AM
Listing Office:: Century 21 Selling Paradise : (239) 542-5777
MLS ID:: 2025011648

Flooring: Tile
A/C: Central Electric
Heating: Central Electric

Style: Duplex

Roofing: Shingle
General: Concrete BlockStuccoConcrete Block

Road/Access: Paved
HOA Amenities: None
Originating MLS: Florida Gulf Coast
County: Lee

Zoning: R3-D11-45-23-C3-00162.0370
Fencing: Fenced

Water: Assessment PaidCentral

Source: Florida Gulf Coast

This listing courtesy of Century 21 Selling Paradise

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Pelican Elementary School

3525 SW 3rd Ave, Cape Coral, FL, 33914

Grades KG-5

1.54 miles away

Gulf Middle School

1809 SW 36th Ter, Cape Coral, FL, 33914

Grades 6-8

2.61 miles away

Ida S. Baker High School

3500 Agualinda Blvd, Cape Coral, FL, 33914

Grades 9-12

2.88 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.