Two-Unit
For Sale
$464,000
1912 SW 15th Pl, Cape Coral, FL 33991
Residential Income, Duplex, CAPE CORAL, FL
Property Size2,400 SF
Lot Size0.25 Acres
Price / SF$193.33
Days on Market367
Property Features for 1912 SW 15th Pl
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
C
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bedroom 6, Bedroom 2, Bathroom 3, Bedroom 3, Bathroom 4, Bedroom 1, Bathroom 2, Bedroom 5, Bedroom 4
Pets allowed
Yes
Subdivision
CAPE CORAL
Standard status
Active
APN
27-44-23-C1-04414.0520
Size
2,400 SF
Lot size
0.25 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2024
Tax Description
CAPE CORAL UNIT 63 BLK 4414 PB 21 PG 57 LOTS 52 + 53
Tax Annual Amount
7467
Legal Description
CAPE CORAL UNIT 63 BLK 4414 PB 21 PG 57 LOTS 52 + 53
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Building Details
Year built
2019
Number of units
2
Flooring type
Tile
Building materials
Concrete Block, Stucco
Roof type
Shingle
Architectural style
Other
Buildings
1
Listing Agency:
DomainRealty.com LLC
(239) 301-4301
Listed By:
Thomas Nagel · License #NAPLES-249520569
(239) 285-8606
Added: Nov 1, 2025
Changed: Nov 2
Last Checked: Nov 2 at 10:06PM
MLS# 225078280
Copyright © 2026 Naples Area Board of REALTORS. 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.
Built in 2019, this duplex contains two residences with a combined 2,400 square feet of living area. Each unit has three bedrooms, two bathrooms, an open-concept living area, and a split-bedroom layout. Tile flooring runs throughout, and the kitchens feature updated appliances, cabinetry, and breakfast bars. The building is constructed of concrete block and stucco, with a shingle roof, central heating, and central air conditioning. The property is fully leased and zoned C.
The 0.248-acre site includes a private driveway and patio for each residence.
The 0.248-acre site includes a private driveway and patio for each residence.
Key Highlights
- Two units, each with 3 bedrooms and 2 bathrooms
- 2,400 square feet of building area on 0.248 acres
- Fully leased duplex, built in 2019
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
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes a private driveway and patio, with an open living arrangement.
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: Two units, each with 3 bedrooms and 2 bathrooms; 2,400 square feet of building area on 0.248 acres; Fully leased duplex, built in 2019
