Duplex Property with Screened
New
For Sale
$335,000
15022 Sea Crest Blvd, Fort Myers, FL 33919
Residential, Duplex, FORT MYERS, FL
Property Size1,539 SF
Lot Size0.11 Acres
Price / SF$217.67
Days on Market7
Property Features for 15022 Sea Crest Blvd
General Information
Property type
Residential
Property subtype
Duplex
Zoning
RM-8
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Den, Laundry Room, Bedroom 1, Bathroom 2, Bedroom 2
Parking
2
Window features
Window Coverings
Patio and Porch features
Porch
Interior features
Bar, Built-In Cabinets, Pantry, Volume Ceiling, Walk-In Closet(s), Window Coverings
Exterior features
Screened Lanai/Porch, Tennis Court(s)
Appliances
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Icemaker, Self Cleaning Oven, Washer
Subdivision
VILLAS AT TORTUGA
Lot features
Zero Lot Line, Zero Lot Line
View
Water
Standard status
Active
APN
33-45-24-22-00000.0300
Size
1,539 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
VILLAS AT TORTUGA AS DESC IN INST #2010000156310 LOT 30
Tax Annual Amount
4018
HOA Fee
$6,436 Annually
Legal Description
VILLAS AT TORTUGA AS DESC IN INST #2010000156310 LOT 30
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Ceiling Fan(s), Electric, Central Air
Water front features
Lake
Water front
1
Amenities
resort-style heated pool
fitness room
dog park
Building Details
Year built
2010
Floors in Building
1
Number of units
2
Flooring type
Tile, Carpet
Building materials
Concrete Block, Stucco
Roof type
Tile
Architectural style
Other
Listing Agency:
Berkshire Hathaway FL Realty · Berkshire Hathaway HomeServices
(239) 482-5700
Listed By:
Jarrod Eister
(772) 528-0400
Added: Aug 24
Changed: Aug 28
Last Checked: Aug 30 at 1:06PM
MLS# 226030557
Copyright © 2026 Naples Area Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,539-square-foot duplex property, built in 2010, offers a two-bedroom layout with a den and two bathrooms. Interior improvements include fresh paint, quartz countertops, new interior window shutters, built-in cabinetry, a pantry, volume ceilings, and walk-in storage. The residence also includes a laundry room, tile and carpet flooring, central electric heating and cooling, and a screened lanai overlooking a pond.
The gated community provides a heated resort-style pool, fitness room, dog park, and tennis courts. HOA services include internet, cable, landscaping, and exterior painting. The property is located in Fort Myers, with Health Park, Lakes Park, the Barbara B Mann Theater, and Florida beaches identified as nearby attractions. RM-8 zoning applies.
The gated community provides a heated resort-style pool, fitness room, dog park, and tennis courts. HOA services include internet, cable, landscaping, and exterior painting. The property is located in Fort Myers, with Health Park, Lakes Park, the Barbara B Mann Theater, and Florida beaches identified as nearby attractions. RM-8 zoning applies.
Key Highlights
- 1,539 SF duplex property with 2 bedrooms, a den, and 2 bathrooms
- Screened lanai with pond views and lake waterfront features
- Quartz countertops, fresh interior paint, and new window shutters
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,371
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.08%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$407,420
$407.4K
Cap Rate 7%
$291,014
$291.0K
Cap Rate 9%
$226,344
$226.3K
Market Conditions
NOI Build-Up for 1,539 SF
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.
Gross rent
$30.5K $19.80/SF
− Vacancy
−$1.4K −$0.89/SF
EGI
$29.1K $18.91/SF
− OpEx
−$8.7K −$5.67/SF
NOI
$20.4K $13.24/SF
Area
Lee County, 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$407,420
Cap Rate 7%
$291,014
Cap Rate 9%
$226,344
Alternative Uses
Best Use
Multifamily LT 5
$291.0K
$254.6K – $339.5K
NOI $20,371 @ 7.0% cap · market cap 6.08%
Second Best
Apartment 5plus
$269.7K
$236.0K – $314.6K
NOI $18,878 @ 7.0% cap · market cap 5.64%
Theoretical Best
Office A
$484.4K
$423.8K – $565.1K
NOI $33,907 @ 7.0% cap · market cap 10.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
224
Businesses Nearby
Explore this area
Business Placement
Demographics for 33919, FL
30,587
Population
19,560
Households
1.6
Avg Household Size
57
Median Age
41%
College-Educated
95%
High-School Grad
8.7 sq mi
ZIP Area
3,516
Density / Sq Mi
$73,336
Median Household Income
$48,686
Median Earnings
$1,621
Median Rent
$291,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Updated Florida residence with quartz counters, pond views, and access to gated community amenities.
Where is this duplex located?
The property is located at 15022 Sea Crest Blvd Fort Myers, FL.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: 1,539 SF duplex property with 2 bedrooms, a den, and 2 bathrooms; Screened lanai with pond views and lake waterfront features; Quartz countertops, fresh interior paint, and new window shutters
