Duplex With
For Sale
$530,000
1333 SE 8th Ave Unit 1401, Cape Coral, FL 33990
Two-unit property with private entrances, attached garages, and in-unit laundry facilities.
Property Size2,470 SF
Price / SF$214.57
Days on Market95
Property Features for 1333 SE 8th Ave Unit 1401
General Information
Standard status
Active
Size
2,470 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Amenities
pool
laundry
Building Details
Year Built
2005
Buildings
1
Listing Agency:
Cape Premier Realty LLC
Listed By:
Alisa Dudenhoeffer · License #261534068
(239) 896-4401
Source:
Swfloridarealestate
Added: Jul 13
Changed: Oct 7
Last Checked: Oct 15 at 1:07AM
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 Cape Premier Realty LLC
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Investment Insights
Based on property information with market context.
Built in 2005, this 2,470-square-foot duplex contains six bedrooms and four bathrooms across two separate units. Each residence has its own entrance, attached garage, laundry area, and open living and dining space. Tile flooring extends throughout both units, while the kitchens include modern appliances and substantial cabinet storage. Bedrooms provide generous closet space.
Outdoor features include a pool area overlooking the backyard, along with driveway parking. The property is situated in Cape Coral near Del Prado Blvd, shopping, restaurants, local parks, and major roadways. A new roof is also noted among the property improvements.
Outdoor features include a pool area overlooking the backyard, along with driveway parking. The property is situated in Cape Coral near Del Prado Blvd, shopping, restaurants, local parks, and major roadways. A new roof is also noted among the property improvements.
Key Highlights
- Two‑unit duplex with 6 bedrooms and 4 bathrooms
- 2,470 SF property built in 2005
- Each unit includes a private entrance, attached garage, and laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,694
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$653,880
$653.9K
Cap Rate 7%
$467,057
$467.1K
Cap Rate 9%
$363,267
$363.3K
Market Conditions
NOI Build-Up for 2,470 SF
Gross rent
$48.9K $19.80/SF
− Vacancy
−$2.2K −$0.89/SF
EGI
$46.7K $18.91/SF
− OpEx
−$14.0K −$5.67/SF
NOI
$32.7K $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%
$653,880
Cap Rate 7%
$467,057
Cap Rate 9%
$363,267
Alternative Uses
Best Use
Multifamily LT 5
$467.1K
$408.7K – $544.9K
NOI $32,694 @ 7.0% cap · market cap 6.17%
Second Best
Apartment 5plus
$432.8K
$378.7K – $505.0K
NOI $30,298 @ 7.0% cap · market cap 5.72%
Theoretical Best
Office A
$640.9K
$560.8K – $747.7K
NOI $44,863 @ 7.0% cap · market cap 8.46%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
566
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with private entrances, attached garages, and in-unit laundry facilities.
Where is this duplex located?
The property is located at 1333 SE 8th Ave Unit 1401 Cape Coral, FL.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Two‑unit duplex with 6 bedrooms and 4 bathrooms; 2,470 SF property built in 2005; Each unit includes a private entrance, attached garage, and laundry
