Duplex with Private
For Sale
$459,900
2027 / 2029 Andalusia Blvd, Cape Coral, FL 33909
Two separate residences offer three-bedroom layouts, individual garages, and a documented rental history.
Property Size2,250 SF
Price / SF$204.40
Days on Market11
Property Features for 2027 / 2029 Andalusia Blvd
General Information
Standard status
Active
Size
2,250 SF
Total Parking Spaces
2
Property subtype
Residential Income
Zoning
RML
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$9,370
Building Details
Building Size
2,250 SF
Year Built
2005
Units
2
Listing Agency:
Valor Real Estate Svs
(239) 443-2525
Listed By:
Cylina Slajda · License #258032480
(239) 340-2530
Source:
Fastactionrealtyinc
Added: Oct 14
Changed: Oct 23
Last Checked: Oct 23 at 1:06PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2005 duplex contains two residences, each with three bedrooms, two bathrooms, approximately 1,124 square feet of living area, and a private one-car garage. The metal roof was replaced in 2022, and the exterior was painted in 2023. Residence 2027 also received interior paint and kitchen appliances in 2023.
The property is on Andalusia Boulevard in Cape Coral. Rental history is established, and the two units are configured as separate residences.
The property is on Andalusia Boulevard in Cape Coral. Rental history is established, and the two units are configured as separate residences.
Key Highlights
- Two residences, each with 3 bedrooms and 2 bathrooms
- Approximately 1,124 square feet per residence; 2,248 square feet total
- Private 1‑car garage for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,782
Cap Rate
6.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$595,640
$595.6K
Cap Rate 7%
$425,457
$425.5K
Cap Rate 9%
$330,911
$330.9K
Market Conditions
NOI Build-Up for 2,250 SF
Gross rent
$44.6K $19.80/SF
− Vacancy
−$2.0K −$0.89/SF
EGI
$42.5K $18.91/SF
− OpEx
−$12.8K −$5.67/SF
NOI
$29.8K $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%
$595,640
Cap Rate 7%
$425,457
Cap Rate 9%
$330,911
Alternative Uses
Best Use
Multifamily LT 5
$425.5K
$372.3K – $496.4K
NOI $29,782 @ 7.0% cap · market cap 6.48%
Second Best
Apartment 5plus
$394.3K
$345.0K – $460.0K
NOI $27,599 @ 7.0% cap · market cap 6.00%
Theoretical Best
Office A
$583.8K
$510.8K – $681.1K
NOI $40,867 @ 7.0% cap · market cap 8.89%
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
152
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer three-bedroom layouts, individual garages, and a documented rental history.
Where is this duplex located?
The property is located at 2027 / 2029 Andalusia Blvd Cape Coral, FL.
What is the asking price?
The asking price for this property is $459,900.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 bathrooms; Approximately 1,124 square feet per residence; 2,248 square feet total; Private 1‑car garage for each unit
