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1020 NE 8TH TERRACE
CAPE CORAL FL 33909 US

$699,900

Active Listing ID TB8428820
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8 bed
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Lot: 0.35 Acres
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Quadruplex

$699,900

Active Listing ID TB8428820
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1020 NE 8TH TERRACE Investor Opportunity! NO FLOOD ZONE! 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.

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Property Features

  • Facts
  • Lot Size: 0.35 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Quadruplex
  • Features
  • Cooling System: Central Air
  • Exterior Finish: Lighting, Private Mailbox
  • Roof Type: Shingle
  • Heating Fuels: Central, Electric (Heating)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Quadruplex
  • listprice: 699900
  • unparsedaddress: 1020 NE 8TH TERRACE
  • postalcity: CAPE CORAL
  • stateorprovince: FL
  • country: US
  • postalcode: 33909
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.35
  • lotsizeunits: Acres
  • lotsizearea: 0.35
  • livingarea: 3400
  • livingareaunits: Square Feet
  • latitude: 26.667459
  • longitude: -81.952236
  • listagentfullname: Nick Kozlar
  • listagentemail: nkozlar@genstonerealty.com
  • listagentkey: 3yd-MFRMLSFL-261568532
  • listagentmlsid: 261568532
  • listagentpreferredphone: 8133092884
  • listagentofficephone: 8333960092
  • listofficekey: 3yd-MFRMLSFL-261559522
  • listagentstatelicense: 3375899
  • listofficemlsid: 261559522
  • disclaimer: Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MFRMLSFL
  • yearbuilt: 1983
  • listingcontractdate: 2025-09-16
  • listagenturl: https://www.genstonerealty.com/
  • countyorparish: Lee
  • parcelnumber: 06-44-24-C4-02015.0090
  • cooling: Central Air
  • constructionmaterials: Block
  • heating: Central, Electric (Heating)
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Shingle
  • waterfrontyn: False
  • interiorfeatures: Ceiling Fans(s), Living Room/Dining Room Combo
  • exteriorfeatures: Lighting, Private Mailbox
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -81.95223, 26.66746
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"GenStone Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"nkozlar@genstonerealty.com", "ListBrokerageCity":"Tampa", "ListBrokerageCountry":"US", "ListBrokerageEmail":"tammy@genstonerealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"GenStone Realty", "ListBrokeragePhone":"(312) 471-2739", "ListBrokeragePostalCode":"33614", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":"Ste 100", "ListBrokerageUnparsedAddress":"8001 Woodland Center Blvd", "ListBrokerageWebsiteUrl":"https://www.genstonerealty.com/", "ListOfficeAddress1":"5426 Bay Center Drive", "ListOfficeAddress2":"Suite 300", "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Tampa", "ListOfficeCountry":"US", "ListOfficeEmail":"veronica@genstonerealty.com", "ListOfficePostalCode":"33609", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Quadruplex - CAPE CORAL, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1020-NE-8th-Ter_Cape-Coral_FL_33909_M64664-64552?f=listhub&s=MFRMLSFL&m=TB8428820&c=rexren", "MLSModificationTimestamp":"2025-10-20T15:49:09Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Quadruplex", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":9246, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/21/2025 12:09:08 AM GMT
Source Updated Date: 12/6/2025 6:55:43 PM GMT

Courtesy of: Nick Kozlar, GENSTONE REALTY, nkozlar@genstonerealty.com

Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.