Duplex with Attached
1713-1715 SW 32nd Terrace, Cape Coral, FL 33914
For Sale
$499,000
ResidentialIncome, Cape Coral, FL
Property Size2,348 SF
Lot Size0.28 Acres
Price / SF$212.52
Days on Market175
Property Features for 1713-1715 SW 32nd Terrace
General Information
Property type
Property subtype
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Pets allowed
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Individually Metered Utilities
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Amenities
private screened lanais
attached garages
Building Details
Year built
Number of units
Flooring type
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
LSI Companies Inc.
(239) 489-4066
Listed By:
Justin Milcetich · License FL #258034861
(239) 287-8616
Added: May 21
Changed: Nov 10
Last Checked: Nov 11 at 12:06AM
MLS# 2026045016
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Completed in 2024, this 2,348-square-foot duplex contains two residences, each with three bedrooms, two bathrooms, and approximately 1,174 square feet. The concrete block building has open-concept layouts, updated finishes, screened lanais, and an attached garage for each unit. Vinyl and tile flooring, central air, and electric heating are also present.
The property is in Southwest Cape Coral near Chiquita Boulevard, with access to shopping, dining, and major roadways. Utilities are individually metered, and tenants pay utility expenses. Utility assessments have been paid.
The property is in Southwest Cape Coral near Chiquita Boulevard, with access to shopping, dining, and major roadways. Utilities are individually metered, and tenants pay utility expenses. Utility assessments have been paid.
Key Highlights
- 2024 construction; 2,348‑square‑foot concrete block duplex
- Two 3‑bedroom, 2‑bath residences, each approximately 1,174 SF
- Open‑concept layouts, screened lanais, and attached garages
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,079
Cap Rate
6.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$621,580
$621.6K
Cap Rate 7%
$443,986
$444.0K
Cap Rate 9%
$345,322
$345.3K
Market Conditions
NOI Build-Up for 2,348 SF
Gross rent
$46.5K $19.80/SF
− Vacancy
−$2.1K −$0.89/SF
EGI
$44.4K $18.91/SF
− OpEx
−$13.3K −$5.67/SF
NOI
$31.1K $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%
$621,580
Cap Rate 7%
$443,986
Cap Rate 9%
$345,322
Alternative Uses
Best Use
Multifamily LT 5
$444.0K
$388.5K – $518.0K
NOI $31,079 @ 7.0% cap · market cap 6.23%
Second Best
Apartment 5plus
$411.4K
$360.0K – $480.0K
NOI $28,801 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$609.2K
$533.1K – $710.8K
NOI $42,647 @ 7.0% cap · market cap 8.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
189
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
$408,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Cape Coral, FL
Properties on Market for Duplexes in Cape Coral
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two open-plan residences include screened lanais and individually metered utilities.
Where is this duplex located?
The property is located at 1713-1715 SW 32nd Terrace Cape Coral, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 2024 construction; 2,348‑square‑foot concrete block duplex; Two 3‑bedroom, 2‑bath residences, each approximately 1,174 SF; Open‑concept layouts, screened lanais, and attached garages
