Duplex with Two-Car
For Sale
$499,000
217 /219 Cape Coral Pkwy W, Cape Coral, FL 33914
Recently constructed duplex with tiled interiors, granite kitchen countertops, and stainless steel appliances.
Property Size2,420 SF
Price / SF$206.20
Days on Market83
Property Features for 217 /219 Cape Coral Pkwy W
General Information
Standard status
Active
Size
2,420 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Additional Details
Utilities to Site
Yes
Multifamily Units
2
Building Details
Year Built
2024
Buildings
1
Listing Agency:
Self Realty
Listed By:
Otis Jonuskis · License #249514135
(239) 777-4741
Source:
Swfloridarealestate
Added: Jul 25
Changed: Oct 10
Last Checked: Oct 7 at 2:08PM
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 Self Realty
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Investment Insights
Based on property information with market context.
Completed in 2024, this duplex at 217 /219 Cape Coral Pkwy W in Cape Coral includes six bedrooms, four bathrooms, and a two-car garage. The interiors feature tile flooring throughout, while each kitchen includes granite countertops and stainless steel appliances. City utilities and assessments are paid, providing a completed residential income property configuration in Cape Coral, Florida.
Key Highlights
- Duplex completed in 2024
- Six bedrooms and four bathrooms
- Two‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,032
Cap Rate
6.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$640,640
$640.6K
Cap Rate 7%
$457,600
$457.6K
Cap Rate 9%
$355,911
$355.9K
Market Conditions
NOI Build-Up for 2,420 SF
Gross rent
$47.9K $19.80/SF
− Vacancy
−$2.2K −$0.89/SF
EGI
$45.8K $18.91/SF
− OpEx
−$13.7K −$5.67/SF
NOI
$32.0K $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%
$640,640
Cap Rate 7%
$457,600
Cap Rate 9%
$355,911
Alternative Uses
Best Use
Multifamily LT 5
$457.6K
$400.4K – $533.9K
NOI $32,032 @ 7.0% cap · market cap 6.42%
Second Best
Apartment 5plus
$424.1K
$371.1K – $494.7K
NOI $29,684 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$627.9K
$549.4K – $732.6K
NOI $43,955 @ 7.0% cap · market cap 8.81%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
310
Businesses Nearby
Explore this area
Business Placement
Demographics for 33914, FL
42,222
Population
22,936
Households
1.8
Avg Household Size
52
Median Age
28%
College-Educated
95%
High-School Grad
22.4 sq mi
ZIP Area
1,885
Density / Sq Mi
$75,557
Median Household Income
$41,672
Median Earnings
$1,714
Median Rent
$408,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Recently constructed duplex with tiled interiors, granite kitchen countertops, and stainless steel appliances.
Where is this duplex located?
The property is located at 217 /219 Cape Coral Pkwy W Cape Coral, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Duplex completed in 2024; Six bedrooms and four bathrooms; Two‑car garage
