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

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.