Impact-Window
2117 / 2119 Andalusia Boulevard, Cape Coral, FL 33909
For Sale
$549,900
Both residences have in-unit laundry, contemporary kitchens, and porcelain tile flooring.
Property Size2,400 SF
Price / SF$229.13
Days on Market10
Property Features for 2117 / 2119 Andalusia Boulevard
General Information
Standard status
Size
Property subtype
Additional Details
Furnished
Utilities to Site
Multifamily Units
Amenities
privacy fence
high ceilings
impact windows
zebra blinds
open-concept layout
modern cabinetry
quartz countertops
stainless steel appliances
porcelain tile flooring
washer and dryer
Building Details
Year Built
Buildings
Listing Agency:
Invest Ready Realty
Listed By:
Rodney Menendez · License FL #3387018
(786) 452-6501
Source:
Lehmannflorida
Added: Oct 31
Changed: Nov 8
Last Checked: Nov 8 at 6:17AM
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 Invest Ready Realty
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Investment Insights
Based on property information with market context.
Completed in 2026, this duplex contains 2,400 square feet across two residences, each with three bedrooms and two bathrooms. Interior features include high ceilings, open living areas, modern cabinetry, quartz countertops, stainless steel appliances, porcelain tile flooring, zebra blinds, and impact windows. A washer and dryer are included in each unit, and the property is offered unfurnished.
The duplex occupies a corner lot at 2117 / 2119 Andalusia Boulevard in Cape Coral. The site has a privacy fence and is connected to city water and sewer. The property is identified as being outside a flood zone.
The duplex occupies a corner lot at 2117 / 2119 Andalusia Boulevard in Cape Coral. The site has a privacy fence and is connected to city water and sewer. The property is identified as being outside a flood zone.
Key Highlights
- Two residences, each with 3 bedrooms and 2 bathrooms
- 2,400 square feet; built in 2026
- Impact windows, quartz countertops, and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,767
Cap Rate
5.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$635,340
$635.3K
Cap Rate 7%
$453,814
$453.8K
Cap Rate 9%
$352,967
$353.0K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$47.5K $19.80/SF
− Vacancy
−$2.1K −$0.89/SF
EGI
$45.4K $18.91/SF
− OpEx
−$13.6K −$5.67/SF
NOI
$31.8K $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%
$635,340
Cap Rate 7%
$453,814
Cap Rate 9%
$352,967
Alternative Uses
Best Use
Multifamily LT 5
$453.8K
$397.1K – $529.5K
NOI $31,767 @ 7.0% cap · market cap 5.78%
Second Best
Apartment 5plus
$420.6K
$368.0K – $490.7K
NOI $29,439 @ 7.0% cap · market cap 5.35%
Theoretical Best
Office A
$622.7K
$544.9K – $726.5K
NOI $43,592 @ 7.0% cap · market cap 7.93%
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
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
205
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
$292,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Cape Coral, FL
Properties on Market for Duplexes in Cape Coral
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have in-unit laundry, contemporary kitchens, and porcelain tile flooring.
Where is this duplex located?
The property is located at 2117 / 2119 Andalusia Boulevard Cape Coral, FL.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 bathrooms; 2,400 square feet; built in 2026; Impact windows, quartz countertops, and stainless steel appliances
