$1,099,000
MultiFamily for Sale in Cape Coral
1126 SE 8th Street, Cape Coral, FL, 33990
About this home
INVESTOR OPPORTUNITY – 6-UNIT MULTIFAMILY WITH POOL | CAPE CORAL Excellent opportunity to acquire a six-unit income-producing multifamily property with swimming pool at 1126 SE 8th St, Cape Coral, FL, offered at $1,099,000. The property features a desirable unit mix of four 2-bedroom/2-bath units and two 3-bedroom/2-bath units, totaling 14 bedrooms and 12 bathrooms. Current rents total $9,050 per month, generating $108,600 in annual gross rental income. Based on the operating expenses provided, the property generates an estimated Net Operating Income (NOI) of $84,520, representing an approximately 7.69% CAP rate at the $1,099,000 asking price. The property also features an on-site swimming pool, providing an attractive amenity for residents and helping distinguish the property in the rental market. An attractive opportunity for investors seeking an established multifamily asset with immediate rental income, six revenue-producing units and strong income potential in Cape Coral. Financial information is based on figures provided by the owner and should be independently verified by the buyer.
Property details
- Type
- MultiFamily
- Year built
- 1988
- Interior
- Not specified
- Lot size
- 16,047.504 sqft
- Acreage
- 0.37 acres
- Garage
- None
- Days on market
- 0
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $15,386/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
- Not specified
- Sewer
- Not specified
- New construction
- No
- Pets
- Not specified
- 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 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
- Lower flood risk (zone X)
- Built 1988 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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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.