22/24 NW 15th Place, Cape Coral, FL 33993
MULTI_FAMILY - Ranch - Cape Coral, FL
- Added:
- Jun 9, 2026
- Days on Market:
- 23
- Last Refresh:
- Jul 1 at 9:06 pm
Property Features for 22/24 NW 15th Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 2
- Patio and Porch features
- Patio
- Pets allowed
- Yes
- Exterior features
- Patio
- Standard status
- Active
- APN
- 10-44-23-C4-03654.0540
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CAPE CORAL UNIT 48 BLK 3654 PB 17 PG 139 LOTS 54 THRU 56
- Tax Annual Amount
- 9628
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Ceiling Fan(s), Central Air
Building Details
- Year built
- 1987
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile, Vinyl
- Building materials
- Brick, Block, Concrete, Stucco
- Roof type
- Shingle
- Architectural style
- Ranch
Listing agent Chrissy Avila License #258025278 (239) 896-8333
Listing office Sellstate Priority Realty 3321 Del Prado Blvd S Ste 7, Cape Coral, FL (239) 574-8888
Listing date Jun 9, 2026
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.
HighLights
- Duplex with two 2‑bedroom, 2‑bath units, each with its own 1‑car garage and approx. 1,160 SF of living space
- One unit updated with luxury plank flooring and a completely remodeled kitchen with new appliances and modern finishes
- Major improvements: new roof in 2024 and impact windows installed in 2025
- One side replumbed; both units have been freshly painted
- Oversized lot in a non‑flood zone with all city assessments paid
- Central air and central/electric heating; exterior includes brick/block/stucco with a patio
Overview
The duplex sits on an oversized lot in a non-flood zone, with all city assessments paid. The address is 22/24 NW 15th Place in Cape Coral, Florida, and the listing notes convenient access to shopping, dining, schools, and everyday needs near the Pine Island Corridor.
With both units currently not rented, the property can support an owner-occupant plan while establishing rental income on the other side, or a buyer can prepare both units for future tenancy. The combination of two self-contained units, attached garages, and recent exterior and window upgrades offers a practical fit for investors seeking an easy to manage duplex or buyers looking for multi-unit flexibility in Cape Coral.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.9k | $19.80 |
| − Vacancy | −$2.1k | −$0.89 |
| EGI | $43.9k | $18.91 |
| − OpEx | −$13.2k | −$5.67 |
| NOI | $30.7k | $13.24 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cape Coral
- County
- Lee
- State
- Florida
- Longitude
- -82.006362
- Latitude
- 26.653231
