Duplex with Private
New
For Sale
$459,900
2027 / 2029 Andalusia Boulevard, Cape Coral, FL 33909
ResidentialIncome, Cape Coral, FL
Property Size2,248 SF
Lot Size0.23 Acres
Price / SF$204.58
Days on Market2
Property Features for 2027 / 2029 Andalusia Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
RML
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 6, Bedroom 2, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 5, Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 1
Patio and Porch features
Patio
Pets allowed
Yes
Exterior features
Patio
Subdivision
CAPE CORAL
Lot features
Rectangular Lot
Directions
Please use navigation.
Standard status
Active
APN
31-43-24-C1-02171.0090
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
CAPE CORAL UNIT 32 BLK 2171 PB 16 PG 8 LOTS 9 + 10
Tax Annual Amount
9371
Legal Description
CAPE CORAL UNIT 32 BLK 2171 PB 16 PG 8 LOTS 9 + 10
Utilities
Heating system
Electric (Heating), Central
Cooling system
Ceiling Fan(s), Central Air, Electric
Building Details
Year built
2005
Number of units
2
Flooring type
Tile, Carpet
Building materials
Block, Concrete, Stucco
Roof type
Shingle, Metal
Architectural style
Other
Listing Agency:
Valor Real Estate Svs
(239) 443-2525
Listed By:
Cylina Slajda · License #258032480
(239) 340-2530
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 8:06PM
MLS# 2026043405
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 three bedrooms, two bathrooms, approximately 1,124 square feet of living area, and a private one-car garage. The combined living area is 2,248 square feet on a 0.23-acre lot. Construction materials include block, concrete, and stucco; flooring is tile and carpet, and the property has a patio.
Updates include exterior paint completed in 2023. The residence at 2027 also received interior paint and kitchen appliances in 2023. The property is located on Andalusia Boulevard in Cape Coral.
Updates include exterior paint completed in 2023. The residence at 2027 also received interior paint and kitchen appliances in 2023. The property is located on Andalusia Boulevard in Cape Coral.
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 residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,755
Cap Rate
6.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$595,100
$595.1K
Cap Rate 7%
$425,071
$425.1K
Cap Rate 9%
$330,611
$330.6K
Market Conditions
NOI Build-Up for 2,248 SF
Gross rent
$44.5K $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%
$595,100
Cap Rate 7%
$425,071
Cap Rate 9%
$330,611
Alternative Uses
Best Use
Multifamily LT 5
$425.1K
$371.9K – $495.9K
NOI $29,755 @ 7.0% cap · market cap 6.47%
Second Best
Apartment 5plus
$393.9K
$344.7K – $459.6K
NOI $27,574 @ 7.0% cap · market cap 6.00%
Theoretical Best
Office A
$583.3K
$510.4K – $680.5K
NOI $40,831 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
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
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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 and individual garage parking.
Where is this duplex located?
The property is located at 2027 / 2029 Andalusia Boulevard 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 residence
