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.
Closed
$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
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#: 224020803
Originating 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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$574,000
2% more+ $11,480
With Zillow Showcase(estimated)
$585,480