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  • $635,000

    721-723 SW 40th Ter, Cape Coral, FL 33914

    6beds
    2,400sqft
    Duplex, Multi Family
    Built in 2018
    -- sqft lot
    $574,000 Zestimate®
    $265/sqft
    $2,482 Estimated rent

    What's special

    Introducing a fantastic opportunity in SWFL, this duplex offers a desirable layout with three bedrooms and two bathrooms on each side. Whether you're looking for a primary residence or an investment property, this duplex has the potential to meet your needs. One of the standout features of this property is its great rental income potential. With two separate units, you have the option to rent out each side, maximizing your investment returns. The spacious three-bedroom layouts provide ample space for tenants, making it an attractive option for potential renters. Located on a gulf access canal, this duplex offers the added benefit of waterfront living. Imagine having the convenience of a boat dock right at your doorstep, allowing you to easily explore the beautiful waterways of SWFL. Whether you're a boating enthusiast or simply enjoy the tranquility of waterfront living, this feature adds tremendous value to the property. In addition to its prime location and rental income potential, this duplex also offers versatility. You can choose to live in one unit and rent out the other, providing you with a source of income while enjoying the benefits of homeownership. Alternatively, you can rent out both units and generate a steady stream of rental income. Overall, this duplex in SWFL presents an exciting opportunity for both investors and those seeking a new home. With its spacious three-bedroom layouts, great rental income potential, and waterfront location with a boat dock, it offers a unique combination of comfort, convenience, and financial benefits. Don't miss out on the chance to own this versatile property in a highly sought-after area.

    Zillow last checked: 7 hours ago

    Listing updated: June 11, 2025 at 10:46am

    Listed by:

    Brianna Biasella 239-634-0935,

    RE/MAX Trend,

    Bryan Biasella 330-605-1652,

    RE/MAX Trend

    Bought with:

    Katarina Thornton, 258023988

    Black Diamond Real Estate Grp

    Source: Florida Gulf Coast MLS,MLS#: 224020803MLS LogoOriginating MLS: Florida Gulf Coast

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Features
    • Flooring: Tile
    • Windows: Display Window(s)
    Interior area
    • Total structure area: 2,400
    • Total interior livable area: 2,400 sqft

    Property

    Features
    • Patio & porch: Patio
    • Exterior features: Sprinkler/Irrigation, Patio, Room For Pool
    • Waterfront features: Canal Access, Seawall
    Lot
    • Size: 10,628 sqft
    • Dimensions: 85 x 125 x 85 x 125
    • Features: Oversized Lot, Sprinklers Automatic
    Details
    • Lease amount: $0
    • Land lease expiration date: 1717113600000
    • Zoning description: R3-W

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Duplex
    • Property subtype: Duplex, Multi Family
    Materials
    • Block, Concrete, Stucco
    • Roof: Shingle
    Condition
    • Resale
    • Year built: 2018

    Utilities & green energy

    • Sewer: Assessment Paid, Public Sewer
    • Water: Assessment Paid, Public
    • Utilities for property: Cable Available

    Community & neighborhood

    Community
    • Community features: Boat Facilities
    Location
    • Region: Cape Coral
    • Subdivision: CAPE CORAL

    HOA & financial

    HOA
    • Amenities included: None
    Other fees
    • Membership fee: $0

    Other

    Other facts
    • Listing terms: All Financing Considered,Cash,FHA,VA Loan
    • Road surface type: Paved
    • Contingency: Third Party Approval
    Services availability
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    Sell for more on Zillow

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    $574,000
    2% more+ $11,480
    With Zillow Showcase(estimated)
    $585,480