New Construction Duplex
1024-1026 Diplomat Parkway East Cape Coral, FL 33909
For Sale
$544,900
Newly built duplex on a corner lot, offering 3 bedrooms and 2 bathrooms per side with impact windows and tile flooring.
Property Size2,498 SF
Price / SF$218.13
Days on Market104
Property Features for 1024-1026 Diplomat Parkway East
General Information
- Standard status
- Active
- Size
- 2,498 SF
- Property subtype
- Multi-Family Income / Duplex
Building Details
- Year Built
- 2026
Listing Agency:
Invest Ready Realty
(786) 452-6501
Listed By:
Rodney Menendez
(786) 452-6501
Source:
Compass
Added: Apr 11
Changed: Jul 20
Last Checked: Jul 23 at 7:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Invest Ready Realty
Investment Insights
Based on property information with market context.
This newly constructed duplex features 3 bedrooms and 2 bathrooms on each side, with an open-concept layout. Interiors include high ceilings, porcelain tile floors throughout, and impact windows. Kitchens are equipped with stainless steel appliances, wood cabinets, and quartz countertops.
The property is on a corner lot and is connected to city water and sewer, with assessments paid at closing. The seller notes the duplex is not in a flood zone and indicates it is easy to show.
Unit configuration is built as a true duplex, with consistent finishes and a floor plan designed around open living spaces and a kitchen centered on quartz counters and included appliances.
The property is on a corner lot and is connected to city water and sewer, with assessments paid at closing. The seller notes the duplex is not in a flood zone and indicates it is easy to show.
Unit configuration is built as a true duplex, with consistent finishes and a floor plan designed around open living spaces and a kitchen centered on quartz counters and included appliances.
Key Highlights
- New construction duplex built in 2026 with 3 bedrooms and 2 bathrooms on each side
- Corner lot duplex with high ceilings and open‑concept layout
- Impact windows and porcelain tile floors throughout the home
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 | $49.5k | $19.80 |
| − Vacancy | −$2.2k | −$0.89 |
| EGI | $47.2k | $18.91 |
| − OpEx | −$14.2k | −$5.67 |
| NOI | $33.1k | $13.24 |
2,498 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$472.3K
$413.3K – $551.1K
NOI $33,064 @ 7.0% cap · market cap 6.07%
Second Best
Apartment 5plus
$437.7K
$383.0K – $510.7K
NOI $30,641 @ 7.0% cap · market cap 5.62%
Theoretical Best
Office A
$648.2K
$567.2K – $756.2K
NOI $45,372 @ 7.0% cap · market cap 8.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Newly built duplex on a corner lot, offering 3 bedrooms and 2 bathrooms per side with impact windows and tile flooring.
Where is this duplex located?
The property is located at 1024-1026 Diplomat Parkway East Cape Coral, FL.
What is the asking price?
The asking price for this property is $544,900.
What are key features of this property?
This property features: New construction duplex built in 2026 with 3 bedrooms and 2 bathrooms on each side; Corner lot duplex with high ceilings and open‑concept layout; Impact windows and porcelain tile floors throughout the home
