22/ 24 NW 15th Place, Cape Coral, FL 33993
MULTI_FAMILY - Ranch - Cape Coral, FL
- Added:
- Jun 9, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 15 at 12:06 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
- Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 4, Bedroom 1, Bathroom 1, Bathroom 4
- 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
- Electric (Heating), Central
- Cooling system
- Central Air, Ceiling Fan(s), Electric
Building Details
- Year built
- 1987
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl, Tile
- 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 built in 1987 featuring two 2‑bedroom, 2‑bath units with approximately 1,160 SF of living space per unit
- Each unit includes its own 1‑car garage
- New roof installed in 2024; impact windows installed in 2025
- One unit has been updated with luxury plank flooring and a completely remodeled kitchen with new appliances
- Both units have been freshly painted; one side has been replumbed
- Oversized lot in a non‑flood zone with all city assessments paid
Overview
The duplex sits on an oversized lot in a non-flood zone, and the seller reports that all city assessments are paid. The property is located in Cape Coral near the Pine Island Corridor, offering convenient access to shopping, dining, schools, and everyday conveniences.
With both units currently not rented, the buyer can choose to lease both sides or live in one unit while generating rental income from the other. Recent exterior upgrades and interior refreshes support straightforward move-in or leasing plans. The property is presented as easy to show and ready for its next owner.
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
