Two-Unit Duplex with Private
236 Hancock Bridge Parkway, Cape Coral, FL 33990
For Sale
$745,000
ResidentialIncome, Cape Coral, FL
Property Size3,170 SF
Lot Size0.37 Acres
Price / SF$235.02
Days on Market55
Property Features for 236 Hancock Bridge Parkway
General Information
Property type
Property subtype
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Window features
Pets allowed
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Water source
Amenities
fenced outdoor area
patio space
additional storage
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
RE/MAX Realty Team · RE/MAX International
(239) 242-2000
Listed By:
Yordanka Hernandez · License FL #258028578
(239) 771-9271
Added: Sep 20
Changed: Nov 12
Last Checked: Nov 13 at 2:06AM
MLS# 2026039627
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.
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Investment Insights
Based on property information with market context.
Built in 2020, this duplex contains two residences, each with four bedrooms, three full bathrooms and one half bath. Both units have a full kitchen, living space and laundry accommodations. A fourth-bedroom area in each residence has a separate entrance, bathroom and air conditioning. Impact-resistant glass and central air conditioning serve the property.
The approximately 0.373-acre corner parcel includes a fenced outdoor area, patio space and additional storage. Public water and sewer are available, and assessments have been paid.
The approximately 0.373-acre corner parcel includes a fenced outdoor area, patio space and additional storage. Public water and sewer are available, and assessments have been paid.
Key Highlights
- Two residences, each with 4 bedrooms, 3 full bathrooms and 1 half bath
- Built in 2020
- Each unit includes a fourth‑bedroom area with a separate entrance, bathroom and A/C
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,959
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$839,180
$839.2K
Cap Rate 7%
$599,414
$599.4K
Cap Rate 9%
$466,211
$466.2K
Market Conditions
NOI Build-Up for 3,170 SF
Gross rent
$62.8K $19.80/SF
− Vacancy
−$2.8K −$0.89/SF
EGI
$59.9K $18.91/SF
− OpEx
−$18.0K −$5.67/SF
NOI
$42.0K $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%
$839,180
Cap Rate 7%
$599,414
Cap Rate 9%
$466,211
Alternative Uses
Best Use
Multifamily LT 5
$599.4K
$524.5K – $699.3K
NOI $41,959 @ 7.0% cap · market cap 5.63%
Second Best
Apartment 5plus
$555.5K
$486.1K – $648.1K
NOI $38,884 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$822.5K
$719.7K – $959.6K
NOI $57,577 @ 7.0% cap · market cap 7.73%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
549
Businesses Nearby
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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
$330,500
Median Home Value
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Market
Average Price Trend$/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 - Each residence includes four bedrooms, multiple bathrooms, a full kitchen, and laundry accommodations.
Where is this duplex located?
The property is located at 236 Hancock Bridge Parkway Cape Coral, FL.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: Two residences, each with 4 bedrooms, 3 full bathrooms and 1 half bath; Built in 2020; Each unit includes a fourth‑bedroom area with a separate entrance, bathroom and A/C
