617/619 SE 12th Court, Cape Coral, FL 33990
MULTI_FAMILY - Other - Cape Coral, FL
Property Features for 617/619 SE 12th Court
General Information
Taxes and HOA fees
Utilities
Amenities
Building Details
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Investment Insights
Based on property information with market context.
Construction is block with concrete and stucco elements, and the roof is newer. The property is connected to city water and public sewer. It is described as not being in a flood zone (Flood Zone X) and “has never flooded.” Exterior amenities include courtyard space, fencing, patio, and sprinkler irrigation.
Centrally located in desirable SE Cape Coral, the duplex provides quick access to Fort Myers via both bridges and is noted as seconds from Cape Coral Hospital. The listing also states there are no HOA fees and that assessments are paid in full.
Key Highlights
- Each side has three bedrooms, two bathrooms, and about 1,235 SF living space
- 2‑car garage for each unit plus individually fenced yards
- Screened lanai on both sides
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 |
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Demographics for 33990, FL
Market
Properties on Market for Duplexes in Lee County
Vacancy Rate% for Multifamily in South region