1426/1428 Cape Coral Parkway W Cape Coral, FL 33914
MULTI_FAMILY - Ranch - Cape Coral, FL
Property Features for 1426/1428 Cape Coral Parkway W
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bathroom 2, Bedroom 6, Bathroom 3, Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 5, Bathroom 1, Bedroom 1
- Patio and Porch features
- Patio
- Pets allowed
- Yes
- Exterior features
- SprinklerIrrigation, Patio
- Standard status
- Active
- APN
- 15-45-23-C1-04529.0240
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CAPE CORAL UNIT 64 BLK 4529 PB 21 PG 95 LOTS 24 + 25 + VAC ALLEY OR 2920 PG 3056
- Tax Annual Amount
- 7211
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Ceiling Fan(s), Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2023
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Block, Concrete, Stucco
- Roof type
- Shingle
- Architectural style
- Ranch
Listing agent Lenka Doyle License #252012435 (239) 823-9553
Listing office John R. Wood Properties 4017 Del Prado Blvd., Fort Myers, FL (239) 984-8177
Listing date Jan 14, 2026
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.
Located at 1426/1428 Cape Coral Parkway W in Cape Coral, Florida (Lee County), the duplex is positioned for easy access to daily amenities. The listing notes it is minutes from shopping, dining, schools, and other conveniences, supporting both tenant and owner-occupant lifestyles.
With both units available, the buyer has flexibility to occupy one side and rent the other, or to manage both units as a residential income property. The configuration of full 3-bedroom, 2-bath layouts, private outdoor space, and oversized garages can support a range of tenant needs, while the duplicate unit setup provides a straightforward operating model for an owner looking to control the tenancy strategy.
Key Highlights
- Nearly new 2023‑built ranch duplex with tile flooring and central heating/cooling
- Each unit offers 3 bedrooms, 2 full bathrooms, and approximately 1,120 SF of living space
- Each side includes an oversized private garage plus ample additional parking
Local 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 | $44.4k | $19.80 |
| − Vacancy | −$2.0k | −$0.89 |
| EGI | $42.4k | $18.91 |
| − OpEx | −$12.7k | −$5.67 |
| NOI | $29.6k | $13.24 |
