Duplex with Private
For Sale
$425,000
2028 Andalusia Blvd 2026, Cape Coral, FL 33909
Two residences offer private garages, with roof, paint, and appliance updates completed between 2023 and 2025.
Property Size2,276 SF
Price / SF$186.73
Days on Market17
Property Features for 2028 Andalusia Blvd 2026
General Information
Standard status
Active
Size
2,276 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Parking per Unit
1
Building Details
Year Built
2005
Buildings
1
Listing Agency:
Valor Real Estate Svs
Listed By:
Cylina Slajda · License #258032480
(239) 340-2530
Source:
Naplesareahomesearch
Added: Oct 8
Changed: Oct 24
Last Checked: Oct 23 at 5:05PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Cape Coral duplex contains two residences, each with two bedrooms, two bathrooms, and a private one-car garage. Improvements include a shingle roof installed in 2023 and exterior painting completed in 2025. Both homes also received interior paint and kitchen appliances in 2023.
The property is on Andalusia Boulevard, with shopping, dining, schools, and major roadways identified as accessible from the area. A second duplex owned by the seller is located across the street at 2027/2029 Andalusia Blvd. It may be purchased separately or together with this property, creating an option to acquire four rental units across two properties.
The property is on Andalusia Boulevard, with shopping, dining, schools, and major roadways identified as accessible from the area. A second duplex owned by the seller is located across the street at 2027/2029 Andalusia Blvd. It may be purchased separately or together with this property, creating an option to acquire four rental units across two properties.
Key Highlights
- Two residences, each with 2 bedrooms and 2 bathrooms
- A private 1‑car garage serves each residence
- Shingle roof installed in 2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,126
Cap Rate
7.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$602,520
$602.5K
Cap Rate 7%
$430,371
$430.4K
Cap Rate 9%
$334,733
$334.7K
Market Conditions
NOI Build-Up for 2,276 SF
Gross rent
$45.1K $19.80/SF
− Vacancy
−$2.0K −$0.89/SF
EGI
$43.0K $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%
$602,520
Cap Rate 7%
$430,371
Cap Rate 9%
$334,733
Alternative Uses
Best Use
Multifamily LT 5
$430.4K
$376.6K – $502.1K
NOI $30,126 @ 7.0% cap · market cap 7.09%
Second Best
Apartment 5plus
$398.8K
$349.0K – $465.3K
NOI $27,918 @ 7.0% cap · market cap 6.57%
Theoretical Best
Office A
$590.6K
$516.7K – $689.0K
NOI $41,339 @ 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
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 residences offer private garages, with roof, paint, and appliance updates completed between 2023 and 2025.
Where is this duplex located?
The property is located at 2028 Andalusia Blvd 2026 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; A private 1‑car garage serves each residence; Shingle roof installed in 2023
