Updated Duplex with
For Sale
$475,900
211 211/213 Se 24th Ave, Cape Coral, FL 33990
Two residential units feature open-concept layouts, private laundry, screened porches, and individual garages.
Property Size2,824 SF
Price / SF$168.52
Days on Market49
Property Features for 211 211/213 Se 24th Ave
General Information
Standard status
Active
Size
2,824 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Parking per Unit
1
Amenities
vaulted ceilings
open-concept living
tile flooring throughout
private laundry
screened porches
private patio
Building Details
Year Built
2005
Listing Agency:
Best Deals Realty LLC
Listed By:
Ailyn Betancourt · License #258025619
(239) 223-7499
Source:
Swfloridarealestate
Added: Sep 15
Changed: Oct 25
Last Checked: Oct 7 at 12:55PM
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 Best Deals Realty LLC
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 2,824-square-foot duplex, built in 2005, contains two residential units with matching layouts. Each unit includes three bedrooms, two full bathrooms, vaulted ceilings, an open-concept living area, tile flooring, private laundry, and a one-car garage. Screened porches and a private patio provide additional outdoor space.
Recent property improvements include a roof installed in 2023 and new air-conditioning systems installed in 2025. The duplex is located at 211/213 SE 24th Ave in Cape Coral, Florida, and offers a clearly defined two-unit configuration with dedicated residential features for each side.
Recent property improvements include a roof installed in 2023 and new air-conditioning systems installed in 2025. The duplex is located at 211/213 SE 24th Ave in Cape Coral, Florida, and offers a clearly defined two-unit configuration with dedicated residential features for each side.
Key Highlights
- Two‑unit duplex totaling 2,824 square feet
- Each unit includes 3 bedrooms and 2 full baths
- One‑car garage, private laundry, and screened porch per unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,379
Cap Rate
7.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$747,580
$747.6K
Cap Rate 7%
$533,986
$534.0K
Cap Rate 9%
$415,322
$415.3K
Market Conditions
NOI Build-Up for 2,824 SF
Gross rent
$55.9K $19.80/SF
− Vacancy
−$2.5K −$0.89/SF
EGI
$53.4K $18.91/SF
− OpEx
−$16.0K −$5.67/SF
NOI
$37.4K $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%
$747,580
Cap Rate 7%
$533,986
Cap Rate 9%
$415,322
Alternative Uses
Best Use
Multifamily LT 5
$534.0K
$467.2K – $623.0K
NOI $37,379 @ 7.0% cap · market cap 7.85%
Second Best
Apartment 5plus
$494.9K
$433.0K – $577.3K
NOI $34,640 @ 7.0% cap · market cap 7.28%
Theoretical Best
Office A
$732.8K
$641.2K – $854.9K
NOI $51,293 @ 7.0% cap · market cap 10.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
492
Businesses Nearby
Explore this area
Business Placement
Demographics for 33990, FL
32,717
Population
15,483
Households
2.1
Avg Household Size
47
Median Age
24%
College-Educated
89%
High-School Grad
9.3 sq mi
ZIP Area
3,518
Density / Sq Mi
$70,278
Median Household Income
$38,588
Median Earnings
$1,643
Median Rent
$330,500
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
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units feature open-concept layouts, private laundry, screened porches, and individual garages.
Where is this duplex located?
The property is located at 211 211/213 Se 24th Ave Cape Coral, FL.
What is the asking price?
The asking price for this property is $475,900.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,824 square feet; Each unit includes 3 bedrooms and 2 full baths; One‑car garage, private laundry, and screened porch per unit
