Updated Duplex in Cape
2912/2914 Santa Barbara Boulevard Cape Coral, FL 33914
2912/2914 Santa Barbara Boulevard, Cape Coral, FL, 33914
$449,000
For Sale
$449,000
MULTI_FAMILY - Other - Cape Coral, FL
Property Size2,092 SF
Lot Size0.23 Acres
Price / SF$214.63
Days on Market155
Property Features for 2912/2914 Santa Barbara Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bedroom 4, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 3
- Patio and Porch features
- Patio
- Pets allowed
- Yes
- Exterior features
- SprinklerIrrigation, Patio, RoomForPool
- Standard status
- Active
- APN
- 35-44-23-C3-01842.0600
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CAPE CORAL UNIT 45 PT 1 BLK 1842 PB 21 PG 141 LOTS 60 + 61
- Tax Annual Amount
- 6557
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Ceiling Fan(s), Electric, Central Air
Building Details
- Year built
- 2002
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Block, Concrete, Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
The Agency Northwest Florida
(850) 267-8100
9300 Emerald Coast Pkwy W, Miramar Beach, FL
Listed by
Alison Gesuele · License #631103408
(239) 994-7271
Added: Feb 12 Checked: Jul 17 at 10:06 pm
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.
Investment Insights
Based on property information with market context.
This updated duplex is located in Cape Coral, Florida. The property features a total living space of 2,092 square feet, with each unit offering 2 bedrooms and 2 bathrooms. The property includes a 2022 roof, new flooring, kitchen cabinets, and stainless steel appliances. Each unit is equipped with its own washer and dryer. The layout is functional, with sizeable living areas suitable for long-term tenants or owner-occupant investors. The property is centrally located near shopping, dining, entertainment, and everyday amenities. Convenient access to major roads, public transportation, and local hotspots enhances its appeal. The property is situated on a 0.229-acre lot.
Key Highlights
- Updated duplex built in 2002 with 4 bedrooms and 4 bathrooms
- 2,092 sq. ft. total living space; each unit is 2BR/2BA
- 2022 roof; block/concrete/stucco exterior construction
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 | $41.4k | $19.80 |
| − Vacancy | −$1.9k | −$0.89 |
| EGI | $39.6k | $18.91 |
| − OpEx | −$11.9k | −$5.67 |
| NOI | $27.7k | $13.24 |
2,092 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$395.6K
$346.1K – $461.5K
NOI $27,690 @ 7.0% cap · market cap 6.17%
Second Best
Apartment 5plus
$366.6K
$320.8K – $427.7K
NOI $25,661 @ 7.0% cap · market cap 5.72%
Theoretical Best
Office A
$542.8K
$475.0K – $633.3K
NOI $37,997 @ 7.0% cap · market cap 8.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Investment property with rental income potential near shopping and dining.
Where is this duplex located?
The property is located at 2912/2914 Santa Barbara Boulevard Cape Coral, FL.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Updated duplex built in 2002 with 4 bedrooms and 4 bathrooms; 2,092 sq. ft. total living space; each unit is 2BR/2BA; 2022 roof; block/concrete/stucco exterior construction
