Cape Coral Real Estate Search

Cape Coral Multi-Family Properties for Sale

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Newest Cape Coral Multi-Family Homes for Sale

$650,000
6 Beds 4 Baths 2026035153 MLS
OVERSIZED LUXURY DUPLEX | POOL | 3 BEDROOMS PER SIDE | 2-CAR GARAGE EACH SIDE | NOT IN A FLOOD ZONE A truly unique opportunity in Cape Coral! This oversized, exceptionally well-maintained duplex has been owned by the original owner since new and lovingly maintained, making it an outstanding option for an investor, multi-generational family, or owner-occupant looking to generate rental income. Each spacious residence offers approximately 1,800 sq. ft. of living area with 3 bedrooms, 2 bathrooms, and its own 2-car garage. Cathedral ceilings and oversized porcelain tile create a bright, open feel, while a bonus room off the kitchen provides additional flexible living space. Each side includes a full complement of appliances plus a separate utility room with washer, dryer, and utility sink. The possibilities are exceptional: live in one side and rent the other, create a two-family or extended-family setup, or explore its potential as a vacation rental investment. Both residences are currently occupied by long-term tenants. Major improvements include a new roof in 2024 with 25-year shingles, exterior and interior painting, lush front and rear landscaping with irrigation, and 52-gallon water heaters. The outdoor living area sets this duplex apart. Enjoy a SCREENED-IN POOL and spacious lounging area, with the pool recently refinished and tiled and is serviced by a separate electric meter. Each side has its own private garage and living space while sharing an impressive resort-style outdoor setting. Both units currently rent for approximately $2,300 per month, offering immediate income potential. Located on an oversized three-lot site and not in a designated flood zone, this is a rare combination of space, condition, flexibility, and income potential. Whether you’re looking for an investment, multi-generational living, or the opportunity to live on one side while your tenant helps offset your expenses, this property deserves a closer look. Schedule your private showing today!

3515 SW Santa Barbara Place, Cape Coral

$699,900
6 Beds 4 Baths 2026036474 MLS
**TURNKEY AIRBNB INVESTMENT OPPORTUNITY IN CAPE CORAL!** Offered at **$699,000 and FULLY FURNISHED**, CALLING ALL INVESTORS!! this stunning 2024-built duplex presents an incredible opportunity to acquire **TWO income-producing residences in ONE property**—already established and operating as successful short-term rentals. The property features a total of **6 BEDROOMS + 2 DENS, 4 BATHROOMS and 4-CAR GARAGE PARKING**. Each spacious unit offers **3 bedrooms + den, 2 full bathrooms and its own 2-car garage**, providing the privacy, space and functionality highly sought after by vacation guests and long-term tenants alike. Both residences feature modern open-concept interiors with beautiful flooring, quartz countertops, 42-inch soft-close cabinetry, stainless steel appliances, designer bathroom finishes, contemporary lighting and IMPACT-RESISTANT WINDOWS & DOORS. Each unit is being sold **FULLY FURNISHED AND TURNKEY**, creating an opportunity for the next owner to continue operating the property with minimal setup. The property's established short-term rental presence makes this especially attractive for investors. **Both sides are currently operated as Airbnb rentals and have earned Airbnb's Guest Favorite designation**, supported by strong guest ratings and extensive booking history. Located in desirable **SW Cape Coral**, close to shopping, dining, entertainment, parks and everything Southwest Florida has to offer. **CITY WATER & SEWER ASSESSMENTS PAID.** Whether you're expanding your investment portfolio, looking for multiple rental doors under one roof, or want the flexibility to occupy one side while generating income from the other, this property offers multiple possibilities. **TWO UNITS. FULLY FURNISHED. ESTABLISHED AIRBNB HISTORY. ONE INCREDIBLE INVESTMENT OPPORTUNITY.**

2917 SW Santa Barbara Place, Cape Coral

$465,000
5 Beds 4 Baths 2026036782 MLS
EXCELLENT INVESTMENT OPPORTUNITY IN CAPE CORAL! Welcome to 405/407 24th Ave, a well-maintained Bradford Homes-built duplex offering approximately 1,207 square feet of living space per side, with a private attached one-car garage for each residence. Unit 405 features 2 bedrooms and 2 bathrooms, while Unit 407 has been converted and is currently configured as a 3-bedroom, 2-bath residence, providing additional flexibility and rental appeal. Both residences are currently tenant-occupied, offering an established income-producing opportunity for investors. Major improvements include a NEW SHINGLE ROOF IN 2023 and A/C SYSTEMS INSTALLED IN 2019. Both units are equipped with storm shutters and hurricane-code garage doors, while an irrigation system helps maintain the property's exterior. Each residence features a bright and functional OPEN FLOOR PLAN connecting the living room, dining area, and kitchen. Both units also feature newer tile flooring, providing an attractive, durable, and easy-care finish. A dedicated laundry room is conveniently located just off the kitchen. Sliding glass doors extend the living areas outdoors to private covered patios, providing additional space to relax and enjoy the Florida lifestyle. Unit 407 offers additional improvements, including granite countertops and a rebuilt shower. Conveniently located in Cape Coral with easy access to shopping, dining, schools, major roadways, and everyday conveniences. With two tenant-occupied residences, private garages, covered patios, recent major improvements, and an established rental history, this duplex presents an attractive opportunity to add an income-producing property to an investment portfolio. Existing lease agreements must be honored by the buyer. PLEASE DO NOT DISTURB TENANTS. Showings by appointment only.

405/407 NE 24th Avenue, Cape Coral

$325,000
4 Beds 4 Baths 2026035222 MLS
Duplex in SE Cape Coral an excellent income-producing opportunity ready to perform from day one. New roof March 2026. Welcome to one of SE Cape Coral's most spacious and well-maintained duplex opportunities, a two-unit property offering 4 bedrooms and 4 bathrooms with 1,896 SF. Each unit is 2 bedrooms and 2 bathrooms with the same layout on both sides. Whether you are an investor seeking strong rental income or a buyer looking to live in one unit while the other pays the mortgage, this is a great investment opportunity. Tile flooring runs throughout both units and each kitchen is equipped with a range, refrigerator, dishwasher, and built-in cabinetry. A screened lanai and porch on each unit adds the Florida outdoor living element that tenants and owners both love. Both units are serviced by central water and sewer. Paved parking and ample outdoor space on the oversized lot round out a complete and practical package. The brand-new roof was installed in March 2026. Ideally located in SE Cape Coral, this property sits near shopping, dining, entertainment, schools, and major roadways, placing both units in a highly rentable corridor with strong year-round tenant demand. The growing South Cape district, with Bimini Square, The Cove at 47th, Slipaway Marina, and the $225 million Yacht Club Community Park redevelopment all nearby, continues to strengthen the desirability and long-term value of SE Cape Coral addresses for both renters and buyers.

1306 SE 40th Terrace, Cape Coral

$379,000
4 Beds 4 Baths 2026033156 MLS
Nicely Updated Duplex – Live in One Side, Rent the Other! This well-maintained and thoughtfully updated duplex offers a fantastic opportunity for owner-occupants or investors. With one unit currently available. Perfect for someone looking to move in and generate income from the second unit or for easy showing and tenant placement. Each unit features a unique and spacious layout including separate living, dining, and family rooms, offering plenty of flexibility and comfort. Crown molding throughout, along with remote-controlled lighting and ceiling fans, adds a touch of elegance and convenience. The kitchens are updated with white shaker cabinetry, granite countertops, and space for a breakfast table or baker’s rack. A dedicated dining area sits just off the kitchen, plus there’s a pass-through breakfast bar to the family room, ideal for entertaining. The family rooms open via triple sliding glass doors to private patios and generous backyard space, making each unit feel like its own home. Bedrooms are tucked away down the hall and include modern sliding closet doors, while the bathrooms feature updated vanities and contemporary tilework in the showers. Additional features include a horseshoe driveway providing ample off-street parking and a layout that supports both privacy and convenience. Whether you're looking to live in one unit and rent the other, accommodate extended family, or expand your rental portfolio, this property offers versatility and value. Easy to show—schedule your private viewing today!

4402-4404 Santa Barbara Boulevard, Cape Coral

$359,900
4 Beds 2 Baths 2026032235 MLS
Whether you're looking to expand your investment portfolio or add a property with immediate rental income, this centrally located duplex is an outstanding opportunity! Each unit offers 2 bedrooms, 1 bathroom, approximately 885 square feet, and separate outdoor patio space, providing flexibility for both long-term and short-term rental possibilities where permitted. The property features a newer shingle roof installed in 2022 and paved parking for up to four vehicles. Unit 523 is currently leased to a long-term tenant, providing immediate income. This unit features tile flooring throughout, granite countertops, wood cabinetry, washer and dryer hookups, brand new (2026) central A/C, ceiling fans, and a spacious patio. The kitchen includes a refrigerator, range, microwave and washer/dryer hook-ups. Unit 525 was tastefully remodeled in 2024 and is being offered turnkey furnished. Updates include quartz countertops, wood cabinetry, new light fixtures, an updated bathroom with luxury vinyl flooring, vanity, toilet, medicine cabinet, and tub surround. Additional features include a washer and dryer, keyless entry, Ring doorbell, exterior security camera, central A/C, ceiling fans, and a private patio. The kitchen is equipped with a refrigerator, range, and microwave. Conveniently located near Pine Island Road, this duplex offers easy access to shopping, dining, schools, parks, medical facilities, and major roadways. With one furnished, updated unit and one income-producing long-term rental already in place, this property offers an excellent opportunity for investors seeking a well-maintained, low-maintenance addition to their portfolio. Inventory List attached in supplements along with other disclosures. Call today and start investng in your future or add to your portfolio!

523/525 SE Van Loon Terrace, Cape Coral

$365,000
4 Beds 2 Baths 2026032767 MLS
Welcome to 311 Tudor Drive, a 2-bedroom, 1-bathroom duplex (each side) in Cape Coral's sought-after Bimini Basin neighborhood — one of the city's most exciting up-and-coming waterfront districts. This 1,710 sq ft duplex (total) features tile throughout, an updated kitchen, and a dedicated laundry/utility room on each side — all in a location at the center of Cape Coral's revitalized downtown. The Bimini Basin Neighborhood: You're just steps from the Bimini Square mixed-use development, the anchor of the Bimini Basin shoreline, bringing apartments, shops, medical offices, a boat dock, and waterfront dining to the neighborhood. The city's South Cape Redevelopment is transforming the area into a mixed-use urban village with shopping and public art. Nearby Four Freedoms Park and Yacht Club Community Park offer green space, and the annual Cape Coral Holiday Boat-A-Long parade features decorated boats right around Bimini Basin. Walkable to Downtown Cape Coral: Enjoy true downtown living with boutique shops and eclectic local restaurants like Trattoria Ciao, Ford's Garage, Cork Soakers, and Point 57, plus the Boathouse Tiki Bar & Grill on the river. Stroll to the Cape Coral Farmers Market every Saturday, or catch festivals, outdoor concerts, and movies in the park throughout the year. Live where Cape Coral's future is being built — and where today's waterfront lifestyle is already here. Schedule your showing today! Own and be apart of the future of Cape Coral.

311 Tudor Drive Unit 1-2, Cape Coral

$564,900
6 Beds 4 Baths 226027918 MLS
Stunning new-construction waterfront duplex in desirable Southeast Cape Coral, an exceptional opportunity for investors, multigenerational living, or owner-occupants seeking rental income. Each separately metered residence with approximately 1,200 square feet of living area, featuring 3 bedrooms, 2 bathrooms, and a private one-car garage. The thoughtfully designed interiors include an open-concept floor plan, impressive 10-foot ceilings, impact-resistant windows and doors, and upscale finishes throughout. Each kitchen features wood cabinetry with soft-close doors and drawers, modern finishes, and ample storage. The primary suites include stylish barn doors leading to beautifully finished bathrooms with dual sinks. Privacy-glazed front doors welcome abundant natural light while maintaining privacy and security. Situated on an oversized three-lot site, exceptional outdoor space and versatility. The south-facing backyard overlooks a peaceful freshwater canal and provides generous room for a future pool or barbecue area. The property is located outside the Special Flood Hazard Area, and each unit’s separate utility meters make individual occupancy and rental management easier. Live in one residence while generating income from the other, accommodate extended family, or lease both units as a complete investment property. This modern waterfront duplex combines new construction, low-maintenance ownership, rental flexibility, and the Florida lifestyle in one outstanding property.

542/544 SE 6th Terrace, Cape Coral

$525,000
6 Beds 4 Baths 226026794 MLS
** City Water & City Sewer, ASSESSMENT FULLY PAID**We introduce to you this beautifull desirable corner lot in Cape Coral, BRAND NEW duplex, perfect for mix use as your home (live on one side and rent the other) and investment property or as a total investment! Great for First time Home Buyers as well, FHA Approved Duplex) This centrally located property is less than 15 minutes to downtown Cape Coral and Matlacha and less than 20 minute drive to downtown Ft Myers making this location ideal for any commute! Everything from the roof, appliances, AC, & hot water heater are BRAND NEW! Each unit boasts 3 spacious bedrooms, 2 modern bathrooms offering comfort and convenience. Nearly 1,300 Sq Ft. living space each. Additionally, each unit has its own separate open lanai, 1 car garage, plentiful parking for guests, and water & electric meters per unit. In each unit, from the front door, you are greeted by the front hallway with luxury plank tile throughout the entire property with the first guest bedroom to the side. Beyond the front hall, the kitchen sits grandly with granite counters, stainless steel appliances, and plentiful cabinet and counter space. The great room and dining area off from the kitchen enjoy a cathedral ceiling opening up the space with tons of natural light. Each primary bedroom enjoys its own bathroom with shower, double vanity, and plentiful cabinet space. The remaining bedrooms also enjoy natural light and are equipped with large closets. Convenience is enhanced with laundry in residence, ceiling fans throughout, modern touches, and brand new appliances. With its appealing layout & prime location, this duplex is an excellent opportunity for those seeking endless opportunities!

1045/1047 SE 11th Terrace, Cape Coral

$350,000
4 Beds 4 Baths 2026029768 MLS
Exceptional investment opportunity on a freshwater canal in the heart of Cape Coral! This duplex offers two spacious 2-bedroom, 2-bathroom residences, each featuring a private one-car garage, screened lanai, and open-concept living area with vaulted ceilings. Inside, you'll find bright, functional floor plans with a combination of tile and laminate flooring, generous living and dining spaces, and kitchens offering ample cabinet and counter space. One side features updated laminate flooring in the main living areas, while both units provide comfortable layouts designed for everyday living. Large sliding glass doors lead to the screened lanais, where tenants or owners can enjoy peaceful canal views. The property has been freshly painted and includes a concrete seawall with a private dock overlooking the freshwater canal, providing an inviting outdoor setting. Situated on city water and sewer with all assessments paid in full, this property offers added value and reduced future costs. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this duplex presents a versatile opportunity in a centrally located neighborhood near shopping, dining, schools, parks, healthcare facilities, and major roadways with convenient access throughout Cape Coral and Fort Myers. Don't miss your opportunity to own an income-producing waterfront property in one of Southwest Florida's most desirable markets. Property has new a/c on each side, new roof, and new flooring.

603/601 SE 7th Street, Cape Coral

$414,900
4 Beds 4 Baths 2026025741 MLS
This well-maintained duplex presents a rare opportunity for immediate cash flow and long-term stability in the heart of Cape Coral. Each spacious unit offers 2 bedrooms plus a den, 2 full baths, vaulted ceilings, open-concept living, tile flooring throughout, private laundry, and a 1-car garage. Residents also enjoy screened porches and a private 10x12 concrete patio for outdoor living. Recent capital improvements provide added peace of mind, including a new roof in 2023, updated kitchen appliances and water heater in Unit 1302, a new water softener, and fresh interior paint in Unit 1304. Ideally located near Del Prado Blvd and Pine Island Road, this property offers convenient access to shopping, dining, and everyday essentials while maintaining a quiet neighborhood feel. One side is already leased to a reliable long-term tenant through February 28, 2027, generating $1,960 per month ($23,520 annually) in immediate income from day one. The second unit is freshly updated, and move-in ready—ideal for an owner-occupant looking to offset expenses (“house hack”) or for an investor to lease at current market rents of $2,000+ per month. With both units occupied, projected gross annual income approaches $47,500, creating an exceptional income-producing opportunity with major expenses already addressed. Whether you’re expanding your portfolio or entering the investment market, this low-maintenance duplex is positioned to perform from day one. Don’t miss the chance to secure a high-demand, income-producing property in one of Cape Coral’s most convenient locations.

1302-1304 NE 16th Terrace, Cape Coral

$348,900
4 Beds 4 Baths 226023945 MLS
Welcome to 3004 Santa Barbara Blvd in Cape Coral, a duplex with 2 bedrooms, 2 bathrooms, and 1,080 sq. ft. on each side, plus front parking and no HOA. This property gives you many great options. Live in one side and rent the other, rent both sides, or use the space for family, guests, or a seasonal setup. Each unit has a bright and easy layout with room to relax, dine, work, and enjoy daily life. The living areas feel warm and open, giving each side a nice space for quiet nights, TV time, or time with guests. Each kitchen is ready for everyday use and connects well with the main living space, making both units feel simple and welcoming. Each side also has 2 bedrooms and 2 full bathrooms, giving comfort, privacy, and useful space for sleep, work, guests, or hobbies. A great feature is the screened lanai on each side, giving both units covered outdoor space to enjoy the Cape Coral breeze while staying shaded and away from bugs. These lanais are great for morning coffee, plants, reading, fresh air, or a peaceful spot to sit after a long day. Front parking makes coming and going easy for both sides. With no HOA, you get more freedom and no monthly HOA fee. The location is close to shopping, dining, parks, schools, medical offices, and daily needs, with easy access to main roads for travel around Cape Coral and nearby areas. This duplex is a smart choice for a full-time home, rental property, seasonal retreat, or income option. With 2 bedrooms, 2 bathrooms, and 1,080 sq. ft. on each side, screened lanais, front parking, and no HOA, 3004 Santa Barbara Blvd offers comfort, value, and a great way to enjoy the Cape Coral lifestyle.

3004 Santa Barbara Boulevard Unit A - B, Cape Coral

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