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Duplex with Private Garages
New
For Sale
$425,000

2026 / 2028 Andalusia Boulevard, Cape Coral, FL 33909

ResidentialIncome, Cape Coral, FL

Property Size2,277 SF
Lot Size0.28 Acres
Price / SF$186.65
Days on Market2

Property Features for 2026 / 2028 Andalusia Boulevard

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description RML
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 4, Bathroom 3
Pets allowed Yes
Subdivision CAPE CORAL
Lot features Rectangular Lot
Directions Please use navigation.
Standard status Active
APN 31-43-24-C1-02172.0130
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CAPE CORAL UNIT 32 BLK 2172 PB 16 PG 8 LOTS 13 + 14
Tax Annual Amount 8752
Legal Description CAPE CORAL UNIT 32 BLK 2172 PB 16 PG 8 LOTS 13 + 14

Utilities

Heating system Electric (Heating), Central
Cooling system Electric, Ceiling Fan(s), Central Air

Building Details

Year built 2005
Number of units 2
Flooring type Tile
Building materials Block, Concrete, Stucco
Roof type Shingle
Architectural style Other
Listing Agency: Valor Real Estate Svs
Listed By: Cylina Slajda · License #258032480
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 15 at 8:06PM
MLS# 2026043345

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.

Built in 2005, this duplex contains two residences, each with two bedrooms, two bathrooms, and a private one-car garage. The combined living area is approximately 2,277 square feet on a 0.275-acre lot. Block, concrete, and stucco construction is paired with tile flooring and central heating and air conditioning.

The shingle roof was replaced in 2023, and the exterior was painted in 2025. Both homes also received interior paint and new kitchen appliances in 2023.

Key Highlights

  • Two residences, each with 2 bedrooms, 2 bathrooms, and a private 1‑car garage
  • Approximately 2,277 combined square feet of living area
  • 0.275‑acre lot

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

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Nail Salon Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Two residences provide separate garage parking and updated kitchen appliances.
Where is this duplex located?
The property is located at 2026 / 2028 Andalusia Boulevard 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, 2 bathrooms, and a private 1‑car garage; Approximately 2,277 combined square feet of living area; 0.275‑acre lot
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