Duplex with Screened
For Sale
$399,000
1219-1221 Andalusia Blvd, Cape Coral, FL 33909
Each residence has an attached garage, while interior finishes include laminate or tile flooring.
Property Size1,097 SF
Price / SF$363.72
Days on Market11
Property Features for 1219-1221 Andalusia Blvd
General Information
Standard status
Active
Size
1,097 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Parking per Unit
1
Building Details
Year Built
2006
Buildings
1
Listing Agency:
John R. Wood Properties
Listed By:
Christina Porter · License #252000471
(239) 209-6611
Source:
Propertiesforsaleinswflorida
Added: Oct 14
Changed: Oct 19
Last Checked: Oct 23 at 7:33AM
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 John R. Wood Properties
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Investment Insights
Based on property information with market context.
Built in 2006, this duplex contains two residences, each with three bedrooms, two bathrooms, an attached single-car garage, and a screened porch. Living areas have high ceilings and connect to the kitchen, which includes a pantry. Interior flooring is laminate or tile, with no carpet. The main bedroom in each residence is positioned at the rear and has an attached bathroom. The roof was replaced in 2024, and both air-conditioning units have been updated since construction.
The property is in Cape Coral’s North Cape area, near Del Prado Boulevard and Pine Island Road. One side has been freshly painted; the other has a tenant expected to vacate at month-end, according to the provided remarks.
The property is in Cape Coral’s North Cape area, near Del Prado Boulevard and Pine Island Road. One side has been freshly painted; the other has a tenant expected to vacate at month-end, according to the provided remarks.
Key Highlights
- Two residences, each with 3 bedrooms and 2 bathrooms
- Attached single‑car garage for each residence
- Screened porch at each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,520
Cap Rate
3.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$290,400
$290.4K
Cap Rate 7%
$207,429
$207.4K
Cap Rate 9%
$161,333
$161.3K
Market Conditions
NOI Build-Up for 1,097 SF
Gross rent
$21.7K $19.80/SF
− Vacancy
−$977 −$0.89/SF
EGI
$20.7K $18.91/SF
− OpEx
−$6.2K −$5.67/SF
NOI
$14.5K $13.24/SF
Area
Cape Coral, FL
Vacancy
4.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$290,400
Cap Rate 7%
$207,429
Cap Rate 9%
$161,333
Alternative Uses
Best Use
Multifamily LT 5
$207.4K
$181.5K – $242.0K
NOI $14,520 @ 7.0% cap · market cap 3.64%
Second Best
Apartment 5plus
$192.2K
$168.2K – $224.3K
NOI $13,456 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$284.6K
$249.1K – $332.1K
NOI $19,925 @ 7.0% cap · market cap 4.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
93
Businesses Nearby
Explore this area
Business Placement
Demographics for 33909, FL
33,063
Population
14,051
Households
2.4
Avg Household Size
39
Median Age
25%
College-Educated
94%
High-School Grad
37.8 sq mi
ZIP Area
875
Density / Sq Mi
$79,096
Median Household Income
$39,912
Median Earnings
$1,773
Median Rent
$292,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has an attached garage, while interior finishes include laminate or tile flooring.
Where is this duplex located?
The property is located at 1219-1221 Andalusia Blvd 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: Two residences, each with 3 bedrooms and 2 bathrooms; Attached single‑car garage for each residence; Screened porch at each residence
