4 Bed Duplex for Sale in Cape Coral, FL, $359,900
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For SaleMLS# 2026032235

$359,900

4 Bed Duplex for Sale in Cape Coral, FL, $359,900

523/525 SE Van Loon Terrace, Cape Coral, FL, 33990

4 beds2 baths885 sqft

About this home

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, 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!

Property details

Type
Duplex
Year built
1984
Interior
885 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
None
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$5,039/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
Not specified
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
New construction
No
Pets
Yes
County
Lee

Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.

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Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$235
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,496
Median sold price · Cape Coral
$385,000last 3 months7.7% vs $357,500 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 444 sales

Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
Consider
  • Built 1984 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
Location convenienceHigh
Hospital
1.7 mi
Cape Coral Hospital
Beach
13.8 mi
Fort Myers Beach
Airport
7.6 mi
Page Field (Fort Myers)
Shopping
1.4 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities — approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.