Renovated Duplex in Southeast Cape
617/619 SE 12th Court, Cape Coral, FL 33990
MULTI_FAMILY - Other - Cape Coral, FL
Property size:
2,470 SFLot size:
0.26 AcresPrice / SF:
$218/SF- Added:
- Mar 29, 2026
- Days on Market:
- 65
- Last Refresh:
- Jun 1 at 6:06 am
Property Features for 617/619 SE 12th Court
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 4, Bathroom 3, Bedroom 5, Bedroom 4, Bedroom 2, Bedroom 6, Bathroom 2
- Patio and Porch features
- Patio
- Pets allowed
- Yes
- Exterior features
- Courtyard, Fence, SprinklerIrrigation, Patio, RoomForPool
- Fencing
- Fenced
- Standard status
- Active
- APN
- 18-44-24-C3-01441.0140
- Size
- 2,470 SF
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CAPE CORAL UNIT 16 BLK 1441 PB 13 PG 79 LOTS 14 + 15
- Tax Annual Amount
- 7329
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1994
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Block, Concrete, Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Ellison Espinal License #258020755 (239) 699-1974
Listing office Sposen Realty & Development 2311 Santa Barbara Blvd No. 111, Cape Coral, FL (239) 244-8858
Listing date Mar 29, 2026
MLS# 2026014848
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.
HighLights
- Fully renovated duplex in desirable SE Cape Coral, offering immediate cash flow.
- Strong rental income: $1,800 and $1,780 per month with reliable tenants in place.
- Each unit features 3 bedrooms, 2 bathrooms, 2‑car garage, and individually fenced yards.
- High‑quality renovations: new flooring, quartz countertops, new cabinets, Samsung stainless steel appliances, complete replumbing, new trim, baseboards, and interior doors.
- Convenient location: quick access to Fort Myers, seconds from Cape Coral Hospital.
- Newer roof and located in Flood Zone X (no flood insurance required).
Overview
This fully renovated duplex is centrally located in the highly desirable Southeast Cape Coral. Each side of the duplex includes 3 bedrooms, 2 bathrooms, and 1,235 square feet of living space, as well as a 2-car garage and individually fenced yards. Both units have been renovated with new flooring, quartz countertops, new cabinets, Samsung stainless steel appliances, new trim, baseboards, and interior doors. The property also features complete replumbing and a newer roof. Each side includes a screened lanai. The property is positioned with access to Fort Myers and is near Cape Coral Hospital. The property is currently income-producing with tenants in place. One side rents for $1,800 per month and the other for $1,780 per month. The lot size is 0.258 acres. City water and sewer are available, and assessments are paid in full. There are no HOA fees. The property is located in Flood Zone X and has never flooded.
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 | $48.9k | $19.80 |
| − Vacancy | −$2.2k | −$0.89 |
| EGI | $46.7k | $18.91 |
| − OpEx | −$14.0k | −$5.67 |
| NOI | $32.7k | $13.24 |
2,470 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$467.1K
$408.7K – $544.9K
NOI $32,694 @ 7.0% cap · market cap 6.05%
Second Best
Apartment 5plus
$432.8K
$378.7K – $505.0K
NOI $30,298 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$640.9K
$560.8K – $747.7K
NOI $44,863 @ 7.0% cap · market cap 8.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Cape Coral
- County
- Lee
- State
- Florida
- Longitude
- -81.948424
- Latitude
- 26.640543
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Fully renovated duplex with strong rental income in prime location.
Where is this duplex located?
The property is located at 617/619 SE 12th Court Cape Coral, FL.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: Fully renovated duplex in desirable SE Cape Coral, offering immediate cash flow.; Strong rental income: $1,800 and $1,780 per month with reliable tenants in place.; Each unit features **3 bedrooms, 2 bathrooms, 2‑car garage**, and individually fenced yards.
