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    4960 Vincennes St Cape Coral, FL 33904

    For Sale
    $399,000

    Florida Duplex: Prime Location, High Potential

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    296
    This charming, well-maintained duplex in Cape Coral, Florida, presents a compelling investment opportunity. Built in 1961, this single-story property boasts two units, each featuring two bedrooms and two bathrooms. The spacious units offer comfortable living spaces for tenants, while ample parking and a large backyard add significant appeal. Located at 4960 Vincennes Street, Cape Coral, FL 33904, this property benefits from its position in a rapidly developing neighborhood within Lee County. The area is experiencing substantial growth, promising strong equity potential for the astute investor. Proximity to parks, shopping centers, and dining establishments enhances the property's desirability and rental income prospects. The asking price is $399,000. This duplex represents a blend of immediate income generation and long-term appreciation, making it an attractive addition to any investment portfolio. The property's solid construction and desirable location combine to create a compelling investment opportunity in a thriving Florida market. Don't miss this chance to secure a piece of Cape Coral's burgeoning real estate scene.

    Property Features for 4960 Vincennes St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1961
    Stories
    1

    HighLights

    • $399,000 asking price.
    • Multifamily property, specifically a duplex/triplex/quadruplex apartment building.
    • Built in 1961, one story.
    • Located at 4960 Vincennes Street, Cape Coral, FL 33904.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Law Firm Restaurant Dental Office Spa & Massage Realty agency 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
    -81.9502395
    Latitude
    26.5597248

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    FAQs

    What type of property is this?
    Multifamily property - Florida Duplex: Prime Location, High Potential
    Where is this multifamily property located?
    The property is located at 4960 Vincennes St Cape Coral, FL.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: $399,000 asking price.; Multifamily property, specifically a duplex/triplex/quadruplex apartment building.; Built in 1961, one story.
    Request Owner's contact information
    4960 Vincennes St Cape Coral, FL 33904
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    Cape Coral, FL 33904
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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
    4960 Vincennes St Cape Coral, FL 33904
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