New Cape Coral
1315/1317 Diplomat Pkwy E Cape Coral, FL 33909
1315/1317 Diplomat Pkwy E, Cape Coral, FL, 33909
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For Sale
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New construction duplex with strong rental potential in Cape Coral.
Property Size3,200 SF
Price / SF$171.84
Days on Market133
Property Features for 1315/1317 Diplomat Pkwy E
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2026
Listing Agency
Invest Ready Realty
Listed by
Marisel Armenteros · License #3443478
Source
Crexi
Added: Mar 10 Checked: Jul 19 at 8:23 am
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 Invest Ready Realty
Investment Insights
Based on property information with market context.
This is a brand-new construction duplex located in Cape Coral. Each of the two units includes 3 bedrooms and 2 bathrooms. The units feature modern finishes and open-concept living areas. For added convenience, each unit has separate utilities. The property is vacant and move-in ready. It offers an excellent investment opportunity with strong rental potential and no Homeowners Association fees. The property is ideal for investors or owner-occupants looking to live in one unit and rent out the other. The property size is 3200 square feet.
Key Highlights
- Brand‑new construction duplex (built in 2026) in Cape Coral.
- Each unit features 3 bedrooms and 2 bathrooms with modern finishes.
- Enjoy open‑concept living areas in each unit.
Local 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 | $63.4k | $19.80 |
| − Vacancy | −$2.9k | −$0.89 |
| EGI | $60.5k | $18.91 |
| − OpEx | −$18.2k | −$5.67 |
| NOI | $42.4k | $13.24 |
3,200 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$605.1K
$529.5K – $705.9K
NOI $42,356 @ 7.0% cap · market cap 7.70%
Second Best
Apartment 5plus
$560.7K
$490.7K – $654.2K
NOI $39,252 @ 7.0% cap · market cap 7.14%
Theoretical Best
Office A
$830.3K
$726.5K – $968.7K
NOI $58,122 @ 7.0% cap · market cap 10.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - New construction duplex with strong rental potential in Cape Coral.
Where is this duplex located?
The property is located at 1315/1317 Diplomat Pkwy E Cape Coral, FL.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Brand‑new construction duplex (built in 2026) in Cape Coral.; Each unit features 3 bedrooms and 2 bathrooms with modern finishes.; Enjoy open‑concept living areas in each unit.
