Duplex with Private
1426/1428 Cape Coral Parkway W, Cape Coral, FL 33914
MULTI_FAMILY - Ranch - Cape Coral, FL
Type:Single Family Residence
Property size:
2,240 SFLot size:
0.25 AcresPrice / SF:
$240/SF- Added:
- Jan 14, 2026
- Days on Market:
- 169
- Last Refresh:
- Jul 2 at 2:06 am
Property Features for 1426/1428 Cape Coral Parkway W
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 1, Bedroom 6, Bathroom 4, Bedroom 5, Bathroom 3, Bedroom 3, Bedroom 2, Bedroom 4, Bathroom 2
- Patio and Porch features
- Patio
- Pets allowed
- Yes
- Exterior features
- SprinklerIrrigation, Patio
- Standard status
- Active
- APN
- 15-45-23-C1-04529.0240
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CAPE CORAL UNIT 64 BLK 4529 PB 21 PG 95 LOTS 24 + 25 + VAC ALLEY OR 2920 PG 3056
- Tax Annual Amount
- 7211
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Ceiling Fan(s), Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2023
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Block, Concrete, Stucco
- Roof type
- Shingle
- Architectural style
- Ranch
Listing agent Lenka Doyle License #252012435 (239) 823-9553
Listing office John R. Wood Properties 4017 Del Prado Blvd., Fort Myers, FL (239) 984-8177
Listing date Jan 14, 2026
MLS# 2026000767
Listing URL
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 2023‑built ranch duplex with block, concrete, and stucco construction and shingle roof
- Each side features 3 bedrooms and 2 full bathrooms with approximately 1,120 sq ft of finished living space
- Units include tile flooring, granite countertops, and stainless steel appliances
- Each unit has a private open‑air patio, plus an oversized private garage and ample additional parking
- City water and public sewer available; assessments paid in full
- Western exposure and high elevation reported; sprinkler irrigation and central A/C with electric heating
Overview
This 2023-built duplex offers two nearly identical units, each with 3 bedrooms and 2 full bathrooms. Interior finishes include tile flooring throughout, granite countertops, and stainless steel appliances. Each side also has an oversized private garage and additional parking for convenient day-to-day use. Outdoor space is provided by a private open-air patio for each unit, and one side features a fully fenced backyard. The property is described as having high elevation, with city water and sewer provided and assessments paid in full.
Located at 1426/1428 Cape Coral Parkway W in Cape Coral, Florida (Lee County), the duplex is positioned for easy access to daily amenities. The listing notes it is minutes from shopping, dining, schools, and other conveniences, supporting both tenant and owner-occupant lifestyles.
With both units available, the buyer has flexibility to occupy one side and rent the other, or to manage both units as a residential income property. The configuration of full 3-bedroom, 2-bath layouts, private outdoor space, and oversized garages can support a range of tenant needs, while the duplicate unit setup provides a straightforward operating model for an owner looking to control the tenancy strategy.
Located at 1426/1428 Cape Coral Parkway W in Cape Coral, Florida (Lee County), the duplex is positioned for easy access to daily amenities. The listing notes it is minutes from shopping, dining, schools, and other conveniences, supporting both tenant and owner-occupant lifestyles.
With both units available, the buyer has flexibility to occupy one side and rent the other, or to manage both units as a residential income property. The configuration of full 3-bedroom, 2-bath layouts, private outdoor space, and oversized garages can support a range of tenant needs, while the duplicate unit setup provides a straightforward operating model for an owner looking to control the tenancy strategy.
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 | $44.4k | $19.80 |
| − Vacancy | −$2.0k | −$0.89 |
| EGI | $42.4k | $18.91 |
| − OpEx | −$12.7k | −$5.67 |
| NOI | $29.6k | $13.24 |
2,240 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$423.6K
$370.6K – $494.2K
NOI $29,649 @ 7.0% cap · market cap 5.50%
Second Best
Apartment 5plus
$392.5K
$343.5K – $457.9K
NOI $27,476 @ 7.0% cap · market cap 5.10%
Theoretical Best
Office A
$581.2K
$508.6K – $678.1K
NOI $40,686 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Cape Coral
- County
- Lee
- State
- Florida
- Longitude
- -82.00365
- Latitude
- 26.56241
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - 2023-built duplex with two 3-bedroom units, private open-air patios, and oversized garages for flexible living or rental use.
Where is this duplex located?
The property is located at 1426/1428 Cape Coral Parkway W Cape Coral, FL.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: 2023‑built ranch duplex with block, concrete, and stucco construction and shingle roof; Each side features 3 bedrooms and 2 full bathrooms with approximately 1,120 sq ft of finished living space; Units include tile flooring, granite countertops, and stainless steel appliances
