Oversized Duplex with Two
3303/3305 Skyline Boulevard Cape Coral, FL 33914
For Sale
$525,000
Pending
An oversized duplex with two separate 3-bedroom units, each with a den, vaulted ceilings, fenced yards, and finished attics.
Property Size3,600 SF
Days on Market548
Property Features for 3303/3305 Skyline Boulevard
General Information
- Standard status
- Pending
- Size
- 3,600 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 2001
Listing Agency:
Beycome Of Florida LLC
(804) 656-5007
Listed By:
Steven Koleno · License #3469487
(804) 656-5007
Source:
Exitrealty
Added: Jan 21, 2025
Changed: Jul 22
Last Checked: Jul 23 at 8:19AM
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 Beycome Of Florida LLC
Investment Insights
Based on property information with market context.
This oversized duplex offers two separate 3-bedroom residences, each featuring an additional den that can be used as extra living space or a home office. Both units include vaulted ceilings, updated bathrooms, low-maintenance tile flooring, and two finished attics for extra storage. Interior and exterior paint updates have been completed, and each unit has a fenced yard for privacy.
One unit includes a 2-car garage and the other includes a 1-car garage, complemented by large driveways for ample off-street parking. The property is located outside the flood zone. Recent improvements include a new roof in 2021 and new A/C units installed in 2019 and 2021.
Both units are currently vacant, providing flexibility to live in one side and lease the other, or lease both units.
One unit includes a 2-car garage and the other includes a 1-car garage, complemented by large driveways for ample off-street parking. The property is located outside the flood zone. Recent improvements include a new roof in 2021 and new A/C units installed in 2019 and 2021.
Both units are currently vacant, providing flexibility to live in one side and lease the other, or lease both units.
Key Highlights
- Oversized duplex built in 2001 in Cape Coral, FL, with nearly 3,600 SF and two separate 3‑bedroom units
- Each unit includes an additional den, vaulted ceilings, and upgraded bathrooms
- Both units have finished attic space for extra storage and fenced yards for privacy
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 | $71.3k | $19.80 |
| − Vacancy | −$3.2k | −$0.89 |
| EGI | $68.1k | $18.91 |
| − OpEx | −$20.4k | −$5.67 |
| NOI | $47.7k | $13.24 |
3,600 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$680.7K
$595.6K – $794.2K
NOI $47,651 @ 7.0% cap · market cap 9.08%
Second Best
Apartment 5plus
$630.8K
$552.0K – $736.0K
NOI $44,158 @ 7.0% cap · market cap 8.41%
Theoretical Best
Office A
$934.1K
$817.4K – $1.09M
NOI $65,388 @ 7.0% cap · market cap 12.45%
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 - An oversized duplex with two separate 3-bedroom units, each with a den, vaulted ceilings, fenced yards, and finished attics.
Where is this duplex located?
The property is located at 3303/3305 Skyline Boulevard Cape Coral, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Oversized duplex built in 2001 in Cape Coral, FL, with nearly 3,600 SF and two separate 3‑bedroom units; Each unit includes an additional den, vaulted ceilings, and upgraded bathrooms; Both units have finished attic space for extra storage and fenced yards for privacy