About this home
Prime Development Opportunity – Approved Duplex Lot with Up to 8 Units Potential Exceptional investment opportunity in a rapidly growing area. This lot is approved for duplex construction, with the potential to develop up to 8 residential units, making it an ideal project for investors seeking strong rental income and long-term appreciation. Municipal sewer infrastructure improvements are scheduled to begin this year, adding significant value and future marketability to the property. The sewer, water and irrigation assessments have already been applied to the current tax bill, providing full transparency and allowing investors to accurately project holding and development costs. This property offers excellent potential for multi-unit income generation in a market with increasing demand for residential housing. Whether you are planning to build and hold for cash flow or develop for resale, this lot represents a strategic addition to any real estate portfolio. Serious inquiries only. Detailed information available upon request.
Listing last checked: Listing updated:
Listed by Miriam Ruiz · Mirimar Real Estate & Invest · MLS #2026009047
Request property information
Select a document to start a request. You can add others in the form. Availability varies.
Details at a glance
Building1 property facts
- Style
- Residential
Land & utilities3 property facts
- Lot size
- 0.23 acres
- Water
- AssessmentUnpaid
- Sewer
- AssessmentUnpaid
Financial3 property facts
- Annual taxes
- $3,549
- Assessment year
- 2025
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $98,900 asking price. Adjust the assumptions to your situation.
Known monthly costs$796 / monthAdjust
- Principal & interest
- $500
- Property tax
- $296
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $3,549. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.
Partial estimate: add insurance to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Sc
$539,900 · Apr 27, 2026
- Sld
$435,000 · Sold $435,000 · Jun 26, 2024
- Sld
$29,500 · Sold $28,000 · Feb 4, 2017
- Sld
$17,950 · Sold $16,950 · Oct 17, 2016
- Sld
$349,000 · Sold $345,000 · May 27, 2016
- Sld
$59,000 · Sold $59,000 · May 24, 2004
- Sld
$16,000 · Sold $16,000 · Oct 29, 2003
Explore more of Cape Coral
Continue your search in Cape Coral.
Need help making sense of this home?
About 2120 NE 8th Place
Can I request a private showing?
Request a tour of 2120 NE 8th Place and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.