Leased Duplex with
1912 SW 15th Pl Cape Coral, FL 33991
For Sale
$474,000
MULTI_FAMILY - Other - CAPE CORAL, FL
Property Size2,400 SF
Lot Size0.25 Acres
Price / SF$197.50
Days on Market270
Property Features for 1912 SW 15th Pl
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
C
Bedrooms
6
Bathrooms
4
Rooms
Bathroom 3, Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 5, Bedroom 1, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 4
Pets allowed
Yes
Standard status
Active
APN
27-44-23-C1-04414.0520
Size
2,400 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
CAPE CORAL UNIT 63 BLK 4414 PB 21 PG 57 LOTS 52 + 53
Tax Annual Amount
7467
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Building Details
Year built
2019
Number of units
2
Flooring type
Tile
Building materials
Concrete Block, Stucco
Roof type
Shingle
Architectural style
Other
Listing Agency:
DomainRealty.com LLC
(239) 301-4301
Listed By:
Thomas Nagel · License #NAPLES-249520569
(239) 285-8606
Added: Nov 1, 2025
Changed: Jul 20
Last Checked: Jul 28 at 4:06PM
MLS# 225078280
Copyright © 2026 Naples Area Board of REALTORS. 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 duplex offers two leased residential units, each with three bedrooms and two bathrooms. The layout includes open-concept living with a split floor plan, tile flooring throughout, and abundant natural light. Kitchens are designed with ample cabinetry and breakfast bar areas, and the units include updated appliances.
Each unit has its own private driveway and patio, supporting tenant privacy and practical day-to-day access. The property is listed for sale under zoning designation C.
With a total building size of 2,400 square feet and a lot size of 0.248 acres, the asset is positioned as a straightforward duplex configuration with both units currently occupied.
Each unit has its own private driveway and patio, supporting tenant privacy and practical day-to-day access. The property is listed for sale under zoning designation C.
With a total building size of 2,400 square feet and a lot size of 0.248 acres, the asset is positioned as a straightforward duplex configuration with both units currently occupied.
Key Highlights
- 2019‑built duplex with 2 units
- Each unit has 3 bedrooms and 2 bathrooms
- Fully leased; monthly income of $3,125
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 | $47.5k | $19.80 |
| − Vacancy | −$2.1k | −$0.89 |
| EGI | $45.4k | $18.91 |
| − OpEx | −$13.6k | −$5.67 |
| NOI | $31.8k | $13.24 |
2,400 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$453.8K
$397.1K – $529.5K
NOI $31,767 @ 7.0% cap · market cap 6.70%
Second Best
Apartment 5plus
$420.6K
$368.0K – $490.7K
NOI $29,439 @ 7.0% cap · market cap 6.21%
Theoretical Best
Office A
$622.7K
$544.9K – $726.5K
NOI $43,592 @ 7.0% cap · market cap 9.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex for sale with two leased 3-bedroom, 2-bath units featuring tile flooring, patios, and private driveways.
Where is this duplex located?
The property is located at 1912 SW 15th Pl Cape Coral, FL.
What is the asking price?
The asking price for this property is $474,000.
What are key features of this property?
This property features: 2019‑built duplex with 2 units; Each unit has 3 bedrooms and 2 bathrooms; Fully leased; monthly income of $3,125
