Waterfront Duplex in Cape
125 Cultural Park Boulevard S Cape Coral, FL 33990
For Sale
$495,000
MULTI_FAMILY - Other - Cape Coral, FL
Property Size2,800 SF
Lot Size0.23 Acres
Price / SF$176.79
Days on Market424
Property Features for 125 Cultural Park Boulevard S
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bedroom 2, Bathroom 4, Bathroom 3, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 1
- Pets allowed
- Yes
- Exterior features
- Fence, SprinklerIrrigation
- Fencing
- Fenced
- Standard status
- Active
- APN
- 13-44-23-C2-01114.0130
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- CAPE CORAL UNIT 23 BLK 1114 PB 14 PG 51 LOTS 13 + 14
- Tax Annual Amount
- 7920
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric, Ceiling Fan(s)
- Water front features
- Canal Access
- Water front
- 1
Building Details
- Year built
- 2003
- Flooring type
- Carpet, Tile
- Building materials
- Block, Concrete, Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency:
Century 21 Selling Paradise
(239) 542-5777
Listed By:
Kimberly Wallace · License #258035318
(239) 645-2074
Added: May 28, 2025
Changed: Jul 18
Last Checked: Jul 25 at 1:06AM
MLS# 224102772
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained waterfront duplex offers 1,400 square feet of living space per side. Each side features two bedrooms, two bathrooms, and an eat-in kitchen. The property includes a primary suite with a private bath. The exterior features attractive landscaping, creating a serene outdoor space suitable for relaxation and entertaining. Located in Cape Coral, Florida, this property on a 0.23-acre lot presents an opportunity for primary residence, vacation retreat, or investment.
Key Highlights
- Duplex with canal access waterfront features, offering 1,400 sq ft of living space per side
- Each side includes 2 bedrooms and 2 bathrooms with an eat‑in kitchen layout
- Built in 2003 with block, concrete, and stucco exterior construction
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.4k | $19.80 |
| − Vacancy | −$2.5k | −$0.89 |
| EGI | $52.9k | $18.91 |
| − OpEx | −$15.9k | −$5.67 |
| NOI | $37.1k | $13.24 |
2,800 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$529.5K
$463.3K – $617.7K
NOI $37,062 @ 7.0% cap · market cap 7.49%
Second Best
Apartment 5plus
$490.6K
$429.3K – $572.4K
NOI $34,345 @ 7.0% cap · market cap 6.94%
Theoretical Best
Office A
$726.5K
$635.7K – $847.6K
NOI $50,857 @ 7.0% cap · market cap 10.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
JGF Construction and Roofing ...
Construction Company
FAQs
What type of property is this?
Duplex - Spacious waterfront duplex with eat-in kitchens and serene outdoor space.
Where is this duplex located?
The property is located at 125 Cultural Park Boulevard S Cape Coral, FL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Duplex with canal access waterfront features, offering 1,400 sq ft of living space per side; Each side includes 2 bedrooms and 2 bathrooms with an eat‑in kitchen layout; Built in 2003 with block, concrete, and stucco exterior construction
