510/512 Hancock Bridge Parkway, Cape Coral, FL 33990
MULTI_FAMILY - Other - Cape Coral, FL
- Added:
- Mar 30, 2026
- Days on Market:
- 72
- Last Refresh:
- Jun 9 at 7:06 pm
Property Features for 510/512 Hancock Bridge Parkway
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 6, Bathroom 3, Bedroom 5, Bathroom 4, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Pets allowed
- Yes
- Standard status
- Active
- APN
- 13-44-23-C2-01108.0840
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CAPE CORAL UNIT 23 BLK 1108 PB 14 PG 50 LOTS 84 + 85
- Tax Annual Amount
- 3019
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Ceiling Fan(s), Central Air, Electric
Building Details
- Year built
- 2025
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Block, Concrete, Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Elizabeth Bracero License #279651223 (786) 837-3893
Listing office Schooner Bay Realty, Inc. 1210 Del Prado Blvd S, FL (239) 997-4000
Listing date Mar 30, 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.
HighLights
- New construction duplex built in 2025
- 6 beds and 4 baths with 2,280 sqft total
- Block, concrete, and stucco construction; shingle roof
- City water and sewer; not in a flood zone (no flood insurance required)
- No HOA fee
- Tenants in place
Overview
Located in southwest Cape Coral, the duplex sits on a 0.23-acre lot and is marketed as close to everyday conveniences and recreation, including Publix, Sam’s, shops, restaurants, parks, Gulf courses, and tennis courts.
With tenants in place, this duplex can appeal to investors looking for immediate occupancy rather than waiting through new lease-up. The combination of newer construction, city utilities, and no-flood-zone designation may also be attractive to buyers who want to reduce operational friction while focusing on long-term rental performance.
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 | $45.1k | $19.80 |
| − Vacancy | −$2.0k | −$0.89 |
| EGI | $43.1k | $18.91 |
| − OpEx | −$12.9k | −$5.67 |
| NOI | $30.2k | $13.24 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cape Coral
- County
- Lee
- State
- Florida
- Longitude
- -81.963712
- Latitude
- 26.65153
