Drive-Through Garage
1517 SW 11th Avenue #140 & 141 Cape Coral, FL 33991
1517 SW 11th Avenue #140 & 141, Cape Coral, FL, 33991
Contact for pricing
For Sale
Contact for pricing
Two 14-foot overhead doors create a true drive-through layout for RV, boat, and oversized storage or workspace use.
Property Size1,352 SF
Price / SF$331.52
Days on Market120
Property Features for 1517 SW 11th Avenue #140 & 141
General Information
- Standard status
- Active
- Size
- 1,352 SF
- Property subtype
- Industrial, Mixed Use
Building Details
- Year Built
- 2025
Listing agency
On The Gulf Homes
Listed by
Jacob Stoutenburgh PA · License #BK3302143
Source
Crexi
Added: Mar 26 Updated: Jul 22 at 10:44AM Checked: Jul 22 at 10:44AM
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 On The Gulf Homes
Investment Insights
Based on property information with market context.
Units 135/144 at The Caves at Trafalgar are pass-through garage units built for flexible vehicle and storage use. The combined layout spans 26 feet wide by 52 feet deep, totaling 1,352 square feet, with two 14-foot-wide overhead garage doors—one on each end—for drive-through access. The units include large roll-up doors, private HVAC systems, durable concrete construction, and 50 AMP power outlets. The space is described as mezzanine-capable, with an option to add a walk-up mezzanine for added lounge, office, or storage use. Optional private bathrooms and utility sink configurations are also available for customization.
The property is located within a fully gated and secure compound in Cape Coral, with access to premium community amenities that include a private owner’s lounge, a vehicle wash bay, a security camera system, and Wi-Fi and cable. The offering is noted as convenient to major roadways and marinas.
Units 135/144 are presented as highly functional and customizable, with configurations suited for vehicle storage, workshops, entertaining, or business use.
The property is located within a fully gated and secure compound in Cape Coral, with access to premium community amenities that include a private owner’s lounge, a vehicle wash bay, a security camera system, and Wi-Fi and cable. The offering is noted as convenient to major roadways and marinas.
Units 135/144 are presented as highly functional and customizable, with configurations suited for vehicle storage, workshops, entertaining, or business use.
Key Highlights
- 2025‑built pass‑through garage unit Units 135/144 in The Caves at Trafalgar
- 26' wide x 52' deep with 1,352 SF of customizable space for vehicle storage, workshops, or entertaining
- Two 14' wide overhead doors (one on each end) for true drive‑through access—suited for RVs, boats, trailers, and oversized vehicles
Local Financial Insights For Flex RnD
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 | $24.3k | $18.00 |
| − Vacancy | −$1.6k | −$1.17 |
| EGI | $22.8k | $16.83 |
| − OpEx | −$8.0k | −$5.89 |
| NOI | $14.8k | $10.94 |
1,352 SF · lease $18.00/SF/yr · vacancy 6.50% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$211.3K
$184.9K – $246.5K
NOI $14,790 @ 7.0% cap · market cap 3.30%
Second Best
Warehouse
$196.9K
$172.3K – $229.8K
NOI $13,785 @ 7.0% cap · market cap 3.08%
Theoretical Best
Office A
$350.8K
$307.0K – $409.3K
NOI $24,557 @ 7.0% cap · market cap 5.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Little Joe's Special Events — 818 NE 8th St, Cape Coral, FL 33909
FAQs
What type of property is this?
Flex space - Two 14-foot overhead doors create a true drive-through layout for RV, boat, and oversized storage or workspace use.
Where is this flex space located?
The property is located at 1517 SW 11th Avenue #140 & 141 Cape Coral, FL.
What is the asking price?
The asking price for this property is $448,220.
What are key features of this property?
This property features: 2025‑built pass‑through garage unit Units 135/144 in The Caves at Trafalgar; 26' wide x 52' deep with 1,352 SF of customizable space for vehicle storage, workshops, or entertaining; Two 14' wide overhead doors (one on each end) for true drive‑through access—suited for RVs, boats, trailers, and oversized vehicles
