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Off Market

507/509 Southwest 8th Place

Cape Coral FL 33991

6
4
2400 sq. ft.
0.23 ac.
Duplex
Last sold for $535,000
Mason WhiteMason White, last sold this property on 29 September 2025 after 49 days on market.

Overview

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

Features

6 bedrooms
4 bathrooms
2400 sq. ft. floor area
0.23 ac. lot size
Duplex

Estimated Value

Based on this property and similar 6 bedroom duplexes sold in Cape Coral over the last 12 months, the estimated median property value of 507/509 Southwest 8th Place is $532k.

Median value
$532k
Estimated value range
$425k - $584k
Median days on market
64
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cape Coral. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 507/509 Southwest 8th Place

2025
Sold
$535,000
29 Sep 2025 by Mason White, of EXP Realty, LLC

Happy sellers in Cape Coral

78%
78% of sellers in Cape Coral reported that their sale price either exceeded or met their price expectations.

Cape Coral stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Cape Coral over the last 12 months.

Local market activity for 6 bedroom duplexes in Cape Coral

In the last 12 months, 5 six-bedroom duplexes similar to 507/509 Southwest 8th Place, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Cape Coral

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Marie Mansson

Marie Mansson is a recommended agent for Cape Coral.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   5   (5 reviews)
  •  2 Reviews in Cape Coral
  •  2 Sales in Cape Coral
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Malinda Johnson

Malinda Johnson is an award winning recommended agent for Cape Coral.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   5   (16 reviews)
  •  2 Reviews in Cape Coral
  •  2 Sales in Cape Coral
View profile
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Victoria Kaiser

Victoria Kaiser is a recommended agent for Cape Coral.  They have collected 2 local reviews across the last 12 months.

  •   5   (5 reviews)
  •  2 Reviews in Cape Coral
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Branly Hernandez Morales

Sellers who recommend Branly Hernandez Morales have praised them for being local expert, supportive, responsive, clear communication, dedicated, patient, and reliable

  •   5   (112 reviews)
  •  2 Reviews in Cape Coral
  •  1 Sale in Cape Coral
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