New Construction
For Sale
$565,000
1705 1705/1707 Andalusia Blvd, Cape Coral, FL 33909
Two-unit property with modern finishes, impact-rated windows, and connected municipal utilities.
Property Size2,498 SF
Price / SF$226.18
Days on Market63
Property Features for 1705 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:
Swfloridarealestate
Added: Aug 17
Changed: Oct 3
Last Checked: Oct 7 at 3:07PM
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
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Investment Insights
Based on property information with market context.
This duplex is identified as new construction with a 2026 year built. Each side offers 3 bedrooms and 2 bathrooms in an open-concept layout with high ceilings and porcelain tile flooring throughout. Kitchens feature wood cabinetry, quartz countertops, and included stainless steel appliances. Impact windows and zebra blinds are installed in both units.
Municipal water and sewer are connected, and the property is not in a flood zone. The duplex is located at 1705/1707 Andalusia Blvd in Cape Coral, Florida. Some marketing images have been virtually staged or rendered, while others depict a sister-house model.
Municipal water and sewer are connected, and the property is not in a flood zone. The duplex is located at 1705/1707 Andalusia Blvd in Cape Coral, Florida. Some marketing images have been virtually staged or rendered, while others depict a sister-house model.
Key Highlights
- New construction duplex with a 2026 year built
- Each side includes 3 bedrooms and 2 bathrooms
- Open‑concept interiors with high ceilings and porcelain tile floors
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
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with modern finishes, impact-rated windows, and connected municipal utilities.
Where is this duplex located?
The property is located at 1705 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: New construction duplex with a 2026 year built; Each side includes 3 bedrooms and 2 bathrooms; Open‑concept interiors with high ceilings and porcelain tile floors
