Fully Leased Cape Coral
For Sale
$464,000
1912 SW 15th Pl, Cape Coral, FL 33991
Well-maintained duplex in a growing rental market, fully leased.
Property Size2,400 SF
Lot Size0.25 Acres
Days on Market320
Property Features for 1912 SW 15th Pl
General Information
Standard status
Active
Size
2,400 SF
Lot size
0.25 Acres
Property subtype
Other
Taxes and HOA fees
Annual Taxes
$7,466
Building Details
Building Size
2,400 SF
Year Built
2019
Units
2
Listing Agency:
Domain Realty
Listed By:
Thomas Nagel · License #NAPLES-249520569
(239) 285-8606
Source:
Elliman
Added: Nov 28, 2025
Changed: Oct 3
Last Checked: Oct 12 at 9:50PM
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 Domain Realty
Investment Insights
Based on property information with market context.
This well-maintained duplex, located in a rapidly growing rental market in Southwest Florida, presents an investment opportunity. The property features two units, each offering 3 bedrooms and 2 bathrooms, along with private driveways and patios. The units feature an open-concept living space and tile flooring throughout, with abundant natural light. The kitchens are equipped with updated appliances, ample cabinetry, and breakfast bar areas. A split floor plan provides privacy for tenants. The property is fully leased with a monthly income of $3,125.
Key Highlights
- Fully leased duplex generating $3,125 monthly income.
- Located in a fast‑growing rental market in Southwest Florida.
- Two spacious units, each with 3 bedrooms and 2 bathrooms.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,767
Cap Rate
6.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$635,340
$635.3K
Cap Rate 7%
$453,814
$453.8K
Cap Rate 9%
$352,967
$353.0K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$47.5K $19.80/SF
− Vacancy
−$2.1K −$0.89/SF
EGI
$45.4K $18.91/SF
− OpEx
−$13.6K −$5.67/SF
NOI
$31.8K $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%
$635,340
Cap Rate 7%
$453,814
Cap Rate 9%
$352,967
Alternative Uses
Best Use
Multifamily LT 5
$453.8K
$397.1K – $529.5K
NOI $31,767 @ 7.0% cap · market cap 6.85%
Second Best
Apartment 5plus
$420.6K
$368.0K – $490.7K
NOI $29,439 @ 7.0% cap · market cap 6.34%
Theoretical Best
Office A
$622.7K
$544.9K – $726.5K
NOI $43,592 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
136
Businesses Nearby
Explore this area
Business Placement
Demographics for 33991, FL
26,381
Population
11,563
Households
2.3
Avg Household Size
45
Median Age
25%
College-Educated
94%
High-School Grad
12.8 sq mi
ZIP Area
2,061
Density / Sq Mi
$82,927
Median Household Income
$41,773
Median Earnings
$1,914
Median Rent
$351,100
Median Home Value
Check the figures for this property
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 - Well-maintained duplex in a growing rental market, fully leased.
Where is this duplex located?
The property is located at 1912 SW 15th Pl Cape Coral, FL.
What is the asking price?
The asking price for this property is $464,000.
What are key features of this property?
This property features: Fully leased duplex generating $3,125 monthly income.; Located in a fast‑growing rental market in Southwest Florida.; Two spacious units, each with **3 bedrooms and 2 bathrooms**.
