4 Bed Duplex for Sale in Cape Coral
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For SaleMLS# 2026032980

$399,000

4 Bed Duplex for Sale in Cape Coral

202 Cape Coral Parkway 2, Cape Coral, FL, 33914

4 beds4 baths3,200 sqft
Gated

About this home

Discover this beautifully renovated duplex located on a prime corner lot in the heart of Cape Coral. Offering outstanding versatility and income potential, this property is perfect for owner-occupants who want to live in one unit while renting the other, or for investors seeking strong rental opportunities. Featuring a new roof, each spacious unit offers 2 bedrooms, 2 full bathrooms, an open and inviting living area, a well-equipped kitchen, and generously sized bedrooms designed for comfortable living. Additional highlights include in-unit laundry, vinyl flooring throughout, covered front porches ideal for relaxing, and a private parking area with four spaces, including a convenient 220-volt EV charging outlet. The property provides added privacy and attractive curb appeal. Its central Cape Coral location places you just minutes from shopping, restaurants, parks, entertainment, and the city's popular waterfront attractions. Whether you're expanding your investment portfolio or purchasing your first income-producing property, this move-in-ready duplex offers exceptional value in one of Cape Coral's most desirable locations.

Property details

Type
Duplex
Year built
1964
Interior
3,200 sqft
Lot size
11,761.2 sqft
Acreage
0.27 acres
Garage
None
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$5,586/yr
Flood zone (area est.)
Yes · High risk (AE)
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

Amenities

SeeRemarks

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
$399,900
Median $/sqft
$233
Median sold (90d)
$389,000
Avg days on market
95
Active listings
2,499
Median sold price · Cape Coral
$389,000last 3 months8.1% vs $360,000 prior 3 months
Median closed price by month · Cape Coral
8.4% MoM19.7% YoY
$340k$383k$425kJul ’25Aug ’26
$425,000Aug ’26 · 105 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

Consider
  • Built 1964 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
Location convenienceHigh
Hospital
5.3 mi
Cape Coral Hospital
Beach
7.8 mi
Fort Myers Beach
Airport
7.3 mi
Page Field (Fort Myers)
Shopping
6.5 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.