New Construction
For Sale
$565,000
1705/1707 Andalusia Blvd, Cape Coral, FL 33909
Two side-by-side residences offer contemporary finishes, connected municipal utilities, and flood-zone-free positioning.
Property Size2,498 SF
Price / SF$226.18
Days on Market130
Property Features for 1705/1707 Andalusia Blvd
General Information
Standard status
Active
Size
2,498 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Building Details
Year Built
2026
Buildings
1
Listing Agency:
Invest Ready Realty
Listed By:
Rodney Menendez · License #3387018
(786) 452-6501
Source:
Napleshomesearcher
Added: Jun 6
Changed: Oct 3
Last Checked: Oct 12 at 8:21PM
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 Invest Ready Realty
Investment Insights
Based on property information with market context.
Completed as new construction in 2026, this duplex contains 2,498 square feet with two separate residences. Each side provides 3 bedrooms and 2 bathrooms, creating a consistent layout across the property. Shared design features include open-concept living areas, high ceilings, porcelain tile flooring, wood cabinetry, and quartz kitchen countertops. Stainless steel appliances are included, while impact-rated windows and zebra blinds add to the finish package.
The property is located at 1705/1707 Andalusia Blvd in Cape Coral, Florida. City water and sewer are connected, and the property is identified as being outside a flood zone. Photos may include virtual staging or imagery from a comparable sister-house model.
The property is located at 1705/1707 Andalusia Blvd in Cape Coral, Florida. City water and sewer are connected, and the property is identified as being outside a flood zone. Photos may include virtual staging or imagery from a comparable sister-house model.
Key Highlights
- 2,498 SF duplex completed in 2026
- Each residence includes 3 bedrooms and 2 bathrooms
- City water and sewer are connected
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,064
Cap Rate
5.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$661,280
$661.3K
Cap Rate 7%
$472,343
$472.3K
Cap Rate 9%
$367,378
$367.4K
Market Conditions
NOI Build-Up for 2,498 SF
Gross rent
$49.5K $19.80/SF
− Vacancy
−$2.2K −$0.89/SF
EGI
$47.2K $18.91/SF
− OpEx
−$14.2K −$5.67/SF
NOI
$33.1K $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%
$661,280
Cap Rate 7%
$472,343
Cap Rate 9%
$367,378
Alternative Uses
Best Use
Multifamily LT 5
$472.3K
$413.3K – $551.1K
NOI $33,064 @ 7.0% cap · market cap 5.85%
Second Best
Apartment 5plus
$437.7K
$383.0K – $510.7K
NOI $30,641 @ 7.0% cap · market cap 5.42%
Theoretical Best
Office A
$648.2K
$567.2K – $756.2K
NOI $45,372 @ 7.0% cap · market cap 8.03%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
81
Businesses Nearby
Explore this area
Business Placement
Demographics for 33909, FL
33,063
Population
14,051
Households
2.4
Avg Household Size
39
Median Age
25%
College-Educated
94%
High-School Grad
37.8 sq mi
ZIP Area
875
Density / Sq Mi
$79,096
Median Household Income
$39,912
Median Earnings
$1,773
Median Rent
$292,800
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two side-by-side residences offer contemporary finishes, connected municipal utilities, and flood-zone-free positioning.
Where is this duplex located?
The property is located at 1705/1707 Andalusia Blvd Cape Coral, FL.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: 2,498 SF duplex completed in 2026; Each residence includes 3 bedrooms and 2 bathrooms; City water and sewer are connected
