Waterfront
For Sale
$479,900
125 Cultural Park BLVD S, Cape Coral, FL 33990
Two-bedroom residences feature eat-in kitchens, private primary baths, and landscaped outdoor areas.
Property Size2,800 SF
Days on Market56
Property Features for 125 Cultural Park BLVD S
General Information
Standard status
Active
Size
2,800 SF
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$9,274
Amenities
waterfront
landscaped
Building Details
Building Size
2,800 SF
Year Built
2003
Buildings
1
Listing Agency:
Royal Shell Real Estate, Inc.
Listed By:
Kimberly Wallace · License #258035318
(239) 645-2074
Source:
Kwelevate
Added: Sep 1
Changed: Oct 26
Last Checked: Oct 25 at 1:11AM
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 Royal Shell Real Estate, Inc.
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Investment Insights
Based on property information with market context.
This duplex contains two separate residences, with each side offering 1,400 square feet of living area, two bedrooms, and two bathrooms. Both units include an eat-in kitchen, a primary suite with its own bath, and an open interior layout. The property is situated on the waterfront and includes landscaped exterior space.
Constructed in 2003, the duplex is located at 125 Cultural Park BLVD S in Cape Coral, Florida 33990. Its two-unit configuration provides distinct residential spaces within one waterfront property.
Constructed in 2003, the duplex is located at 125 Cultural Park BLVD S in Cape Coral, Florida 33990. Its two-unit configuration provides distinct residential spaces within one waterfront property.
Key Highlights
- Waterfront duplex at 125 Cultural Park BLVD S, Cape Coral, FL 33990
- Each side provides 1,400 square feet of living space
- Two bedrooms and two bathrooms per side
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,062
Cap Rate
7.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$741,240
$741.2K
Cap Rate 7%
$529,457
$529.5K
Cap Rate 9%
$411,800
$411.8K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$55.4K $19.80/SF
− Vacancy
−$2.5K −$0.89/SF
EGI
$52.9K $18.91/SF
− OpEx
−$15.9K −$5.67/SF
NOI
$37.1K $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%
$741,240
Cap Rate 7%
$529,457
Cap Rate 9%
$411,800
Alternative Uses
Best Use
Multifamily LT 5
$529.5K
$463.3K – $617.7K
NOI $37,062 @ 7.0% cap · market cap 7.72%
Second Best
Apartment 5plus
$490.6K
$429.3K – $572.4K
NOI $34,345 @ 7.0% cap · market cap 7.16%
Theoretical Best
Office A
$726.5K
$635.7K – $847.6K
NOI $50,857 @ 7.0% cap · market cap 10.60%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
483
Businesses Nearby
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Business Placement
Demographics for 33990, FL
32,717
Population
15,483
Households
2.1
Avg Household Size
47
Median Age
24%
College-Educated
89%
High-School Grad
9.3 sq mi
ZIP Area
3,518
Density / Sq Mi
$70,278
Median Household Income
$38,588
Median Earnings
$1,643
Median Rent
$330,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom residences feature eat-in kitchens, private primary baths, and landscaped outdoor areas.
Where is this duplex located?
The property is located at 125 Cultural Park BLVD S 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: Waterfront duplex at 125 Cultural Park BLVD S, Cape Coral, FL 33990; Each side provides 1,400 square feet of living space; Two bedrooms and two bathrooms per side
