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Duplex with Private Garages
For Sale
$425,000

2026 / 2028 Andalusia BLVD, Cape Coral, FL 33909

Each residence has a two-bedroom, two-bath layout and its own private garage.

Property Size2,276 SF
Price / SF$186.65
Days on Market10

Property Features for 2026 / 2028 Andalusia BLVD

General Information

Standard status Active
Size 2,276 SF
Total Parking Spaces 2
Property subtype Duplex

Units

Unit Mix 2 x 2BR/2BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $8,752

Building Details

Building Size 2,276 SF
Year Built 2005
Buildings 1
Listing Agency: Valor Real Estate Svs
Listed By: Cylina Slajda · License #258032480
Source: Kwelevate
Added: Oct 15 Changed: Oct 21 Last Checked: Oct 23 at 4:32PM

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 Valor Real Estate Svs

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Investment Insights

Based on property information with market context.

Built in 2005, this duplex contains two residences with two bedrooms and two bathrooms apiece. Each unit has a private one-car garage, and the combined living area is approximately 2,277 square feet. The shingle roof was replaced in 2023, and the exterior was painted in 2025. Interior paint and kitchen appliances were updated in both units in 2023.

The property is in Cape Coral, with access to shopping, dining, schools, and major roadways. A separate duplex across the street, at 2027/2029 Andalusia Blvd, is also available for purchase, either separately or together with this property. Acquiring both properties would include four rental units across two sites.

Key Highlights

  • Two residences, each with 2 bedrooms and 2 bathrooms
  • Approximately 2,277 square feet of combined living area
  • Private 1‑car garage for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,139
Cap Rate
7.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$602,780 $602.8K
Cap Rate 7%
$430,557 $430.6K
Cap Rate 9%
$334,878 $334.9K
Market Conditions
NOI Build-Up for 2,277 SF
Gross rent
$45.1K $19.80/SF
− Vacancy
−$2.0K −$0.89/SF
EGI
$43.1K $18.91/SF
− OpEx
−$12.9K −$5.67/SF
NOI
$30.1K $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%
$602,780
Cap Rate 7%
$430,557
Cap Rate 9%
$334,878

Alternative Uses

Best Use
Multifamily LT 5
$430.6K
$376.7K – $502.3K (±1% cap)
NOI $30,139 @ 7.0% cap · market cap 7.09%
Second Best
Apartment 5plus
$399.0K
$349.1K – $465.5K (±1% cap)
NOI $27,930 @ 7.0% cap · market cap 6.57%
Theoretical Best
Office A
$590.8K
$517.0K – $689.3K (±1% cap)
NOI $41,358 @ 7.0% cap · market cap 9.73%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

154
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has a two-bedroom, two-bath layout and its own private garage.
Where is this duplex located?
The property is located at 2026 / 2028 Andalusia BLVD Cape Coral, FL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 2 bathrooms; Approximately 2,277 square feet of combined living area; Private 1‑car garage for each unit
More about this property
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