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3303/3305 Skyline Boulevard, Cape Coral, FL, 33914
Oversized Duplex with Two Garages

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
Listed By: Steven Koleno · License #3469487
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.

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 (±1% cap)
NOI $47,651 @ 7.0% cap · market cap 9.08%
Second Best
Apartment 5plus
$630.8K
$552.0K – $736.0K (±1% cap)
NOI $44,158 @ 7.0% cap · market cap 8.41%
Theoretical Best
Office A
$934.1K
$817.4K – $1.09M (±1% cap)
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

Suggested Use

Law Firm Restaurant Spa & Massage Center Hair Salon Pharmacy Skin Care Clinic Auto Repair Shop HVAC Service Gym & Fitness Center Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

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
More about this property
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