Duplex with Private
For Sale
$829,000
317-319 SW 47th TER, Cape Coral, FL 33914
Both residences have private pools, two-car garages, and furnished interiors.
Property Size2,530 SF
Price / SF$327.67
Days on Market773
Property Features for 317-319 SW 47th TER
General Information
Standard status
Active
Size
2,530 SF
Property subtype
Duplex
Additional Details
Furnished
Yes
Multifamily Units
2
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$9,881
Amenities
private pool
washer/dryer
Building Details
Building Size
2,530 SF
Year Built
2022
Listing Agency:
Side
Listed By:
MDM Naples Real Estate
(239) 776-4483
Source:
Mdmnaplesrealestate
Added: Sep 20, 2024
Changed: Oct 30
Last Checked: Oct 29 at 2:40PM
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 Side
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2022, this Gulf-access canal duplex contains 2,530 square feet, with six bedrooms and four full bathrooms across the property. Each side has its own private pool and two-car garage, along with a washer and dryer. Furnishings and household items are included.
The property is a short walk from a Publix grocery store, and downtown Cape Coral is minutes away.
The property is a short walk from a Publix grocery store, and downtown Cape Coral is minutes away.
Key Highlights
- Gulf‑access canal setting
- 2,530 square feet; built in 2022
- Six bedrooms and four full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,488
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$669,760
$669.8K
Cap Rate 7%
$478,400
$478.4K
Cap Rate 9%
$372,089
$372.1K
Market Conditions
NOI Build-Up for 2,530 SF
Gross rent
$50.1K $19.80/SF
− Vacancy
−$2.3K −$0.89/SF
EGI
$47.8K $18.91/SF
− OpEx
−$14.4K −$5.67/SF
NOI
$33.5K $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%
$669,760
Cap Rate 7%
$478,400
Cap Rate 9%
$372,089
Alternative Uses
Best Use
Multifamily LT 5
$478.4K
$418.6K – $558.1K
NOI $33,488 @ 7.0% cap · market cap 4.04%
Second Best
Apartment 5plus
$443.3K
$387.9K – $517.2K
NOI $31,034 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$656.5K
$574.4K – $765.9K
NOI $45,953 @ 7.0% cap · market cap 5.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
576
Businesses Nearby
Explore this area
Business Placement
Demographics for 33914, FL
42,222
Population
22,936
Households
1.8
Avg Household Size
52
Median Age
28%
College-Educated
95%
High-School Grad
22.4 sq mi
ZIP Area
1,885
Density / Sq Mi
$75,557
Median Household Income
$41,672
Median Earnings
$1,714
Median Rent
$408,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have private pools, two-car garages, and furnished interiors.
Where is this duplex located?
The property is located at 317-319 SW 47th TER Cape Coral, FL.
What is the asking price?
The asking price for this property is $829,000.
What are key features of this property?
This property features: Gulf‑access canal setting; 2,530 square feet; built in 2022; Six bedrooms and four full bathrooms
