Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2912/2914 Santa Barbara Blvd Cape Coral, FL 33914

    Sponsored
    For Sale
    $469,000

    MULTI_FAMILY - Other - Cape Coral, FL

    Property size:
    2,092 SF
    Lot size:
    0.23 Acres
    Days on Market:
    5
    Last Refresh:
    Feb 21 at 3:06 pm

    Property Features for 2912/2914 Santa Barbara Blvd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 2, Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 4, Bathroom 1, Bedroom 4, Bedroom 1
    Bedrooms
    4
    Bathrooms
    4
    APN
    35-44-23-C3-01842.0600
    Patio and Porch features
    Patio
    Pets allowed
    Yes
    Exterior features
    SprinklerIrrigation, Patio, RoomForPool
    Size
    2,092 SF
    Lot size
    0.23 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air, Electric, Ceiling Fan(s)

    Building Details

    Year built
    2002
    Number of units
    2
    Flooring type
    Vinyl
    Building materials
    Block, Concrete, Stucco
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Alison Gesuele
    Alison Gesuele

    The Agency Northwest Florida (850) 267-8100

    Listing agent Alison Gesuele (239) 994-7271 License #631103408

    Listing date Feb 17, 2026

    MLS# 2026007079 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Updated Duplex in Cape Coral

    This updated duplex is located in the heart of Cape Coral. The investment property features a total of 4 bedrooms and 4 bathrooms within its 2,092 square feet of living space, offering rental income potential. Each of the two units includes 2 bedrooms and 2 bathrooms. A new roof was installed in 2022. The property includes new flooring, kitchen cabinets, and stainless steel appliances. Each unit is equipped with its own designated washer and dryer. The duplex features a functional layout and sizeable living areas, suitable for long-term tenants or owner-occupant investors. Situated on a 0.229-acre lot, the property is centrally located near shopping, dining, entertainment, and everyday amenities. Convenient access to major roads, public transportation, and local hotspots makes this a smart addition to any investment portfolio or a great option for those seeking to live in one unit while generating income from the other.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Real Estate Agency Spa & Massage Center Hair Salon Nail Salon Auto Repair Shop Gym & Fitness Center Pharmacy Hotel & Motel Kitchen & Bath Showroom Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -81.974573
    Latitude
    26.597856

    Nearby Similar for Sale

    • New
      $799,000
      0.23 Acres

      Waterfront Duplex with Boat Access

      Two-unit property with panoramic water views and direct sailboat access.
      1754 Beach Pkwy, Cape Coral, FL 33904
      View Details
    • $2,400,000
      8,600 SF

      Versatile Commercial Building in Cape Coral

      Two-story building in downtown Cape Coral suitable for various uses.
      917 SE 47Th Ter, Cape Coral, FL 33904
      View Details
    • $49,500
      29.21 Acres

      Turnkey Tea & Pastry Destination

      Cape Coral's Le Petit Pastry & Tea for sale.
      2301 Del Prado Blvd S, Cape Coral, FL 33990
      View Details
    • $3,000,000
      17,500 SF

      Cape Coral Commercial Opportunity

      Two-story building in downtown Cape Coral with ample parking.
      862 Lafayette St, Cape Coral, FL 33904
      View Details
    • $579,900
      0.34 Acres

      Cape Coral Gulf-Access Duplex

      Updated duplex on a rare triple lot with Gulf access.
      3520/3524 SW 17Th Ave, Cape Coral, FL 33914
      View Details
    • New
      $28,750,000
      0.33 Acres

      Mixed-Use Development Site with Plans

      Mixed-use development site featuring apartments, offices, and a cafe.
      1415 Cape Coral Pkwy E, Cape Coral, FL 33904
      View Details
    • $995,000
      0.35 Acres

      Cape Coral Fourplex: Investment Opportunity

      Remodeled fourplex in Cape Coral, furnished, with vacation rental licenses.
      624 SE 46Th St, Cape Coral, FL 33904
      View Details
    • $450,000
      0.26 Acres

      Cape Coral Duplex For Sale

      Income-producing duplex with spacious units and private yards.
      931/933 SE 23Rd Pl, Cape Coral, FL 33990
      View Details
    • $849,000
      0.23 Acres

      Gulf Access Duplex with Pools

      Profitable duplex with private pools, fully furnished, near downtown.
      317-319 SW 47Th Ter, Cape Coral, FL 33914
      View Details
    • $524,900
      0.25 Acres

      Cape Coral Duplex Investment Opportunity

      Newer construction duplex in Cape Coral, ideal for investors.
      1117/ Diplomat Pkwy E, Cape Coral, FL 33909
      View Details
    • $849,000
      Pending

      Del Prado Mall Commercial Condo

      Prime commercial condo in thriving Cape Coral location for sale.
      1404 Del Prado Blvd S unit 100 & 105, Cape Coral, FL 33990
      View Details
    • $529,000
      0.24 Acres

      Cape Coral Duplex with Pool

      2020-built duplex with pool, ideal for investment or living.
      510/512 Skyline Blvd, Cape Coral, FL 33991
      View Details

    FAQs

    What type of property is this?
    Specialty property - Cape Coral duplex with new updates, ideal for investors.
    Where is this specialty property located?
    The property is located at 2912/2914 Santa Barbara Blvd Cape Coral, FL.
    What is the asking price?
    The asking price for this property is $469,000.
    What are key features of this property?
    This property features: - Updated duplex with 2 units, each featuring 2 bedrooms and 2 bathrooms, ideal for rental income or owner-occupancy.; - New 2022 Roof.; - Updated interiors with new flooring, kitchen cabinets, and stainless steel appliances in both units.
    (239) 994-7271
    Request Owner's contact information
    2912/2914 Santa Barbara Blvd Cape Coral, FL 33914
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2912/2914 Santa Barbara Blvd
    Cape Coral, FL 33914
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2912/2914 Santa Barbara Blvd Cape Coral, FL 33914
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Alison Gesuele
    Alison Gesuele
    Real Estate License ID: 631103408
    (239) 994-7271
    Learn more
    Google sign-in failed. Please try again or use another login method.