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    931/933 SE 23Rd Pl Cape Coral, FL 33990

    For Sale
    $479,900

    MULTI_FAMILY - Cape Coral, FL

    Lot size:
    0.26 Acres
    Days on Market:
    39
    Last Refresh:
    Dec 13 at 9:06 am

    Property Features for 931/933 SE 23Rd Pl

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 3, Bedroom 1, Bedroom 5, Bedroom 6, Bedroom 3, Bathroom 1, Bathroom 4, Bedroom 4, Bedroom 2, Bathroom 2
    Bedrooms
    6
    Bathrooms
    4
    APN
    20-44-24-C2-01399.0060
    Patio and Porch features
    Patio
    Pets allowed
    Yes
    Exterior features
    Fence, Patio
    Fencing
    Fenced
    Lot size
    0.26 Acres

    Utilities

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

    Building Details

    Year built
    1984
    Number of units
    2
    Flooring type
    Tile, Carpet
    Building materials
    Block, Concrete, Stucco
    Roof type
    Shingle

    Lee Island Coast Real Estate, Inc (239) 989-0111 [email protected]

    Listing agent Nicole Pistone (239) 628-7439 License #258023882

    Listing date Nov 5, 2025

    MLS# 2025018797 Listing URL

    Copyright © 2025 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.

    Overview

    Cape Coral Income-Generating Duplex

    Located in Cape Coral, this fully rented duplex at 931/933 SE 23rd Place offers two spacious units, each featuring 3 bedrooms and 2 bathrooms. The property is income-generating, providing immediate cash flow for investors. Each unit includes a private, fully fenced yard and a dedicated 1-car driveway, offering tenants convenience and privacy. Unit 931 is rented at $1,900 per month, and Unit 933 is rented at $1,600 per month, resulting in a total monthly income of $3,500. The property is centrally located in a quiet residential neighborhood, providing easy access to local schools, shopping, and dining. The construction is low-maintenance block. This duplex is suitable for investors seeking stability, space, and strong returns in the Cape Coral market. The lot size is 0.257 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -81.925098
    Latitude
    26.634782

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    FAQs

    What type of property is this?
    Duplex - Fully rented duplex in Cape Coral, offering immediate cash flow.
    Where is this duplex located?
    The property is located at 931/933 SE 23Rd Pl Cape Coral, FL.
    What is the asking price?
    The asking price for this property is $479,900.
    What are key features of this property?
    This property features: - Fully rented duplex generating $3,500/month in immediate income; - Two spacious 3-bedroom, 2-bathroom units; - Each unit has a private, fully fenced yard and dedicated 1-car driveway
    (239) 628-7439
    Request Owner's contact information
    931/933 SE 23Rd Pl Cape Coral, FL 33990
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    Realmo Value Estimation

    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.

    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.

    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
    931/933 SE 23Rd Pl Cape Coral, FL 33990
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