24 NW 15th Place, Cape Coral, FL 33993
MULTI_FAMILY - Ranch - Cape Coral, FL
- Added:
- Jun 9, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 10 at 6:06 am
Property Features for 24 NW 15th Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 4, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 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, Central Air, Ceiling Fan(s)
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
- 1987 ranch‑style duplex with two 2‑bedroom, 2‑bath units
- Each unit includes a 1‑car garage and approximately 1,160 SF of living space
- Major upgrades: new roof in 2024 and impact windows installed in 2025
- One side has been replumbed; both units have been freshly painted
- One unit features luxury plank flooring and a completely remodeled kitchen with new appliances
- Patio on site; property is in a non‑flood zone with all city assessments paid
Overview
The duplex sits on an oversized lot in a non-flood zone, with all city assessments paid. The property is positioned for everyday convenience, with easy access to shopping, dining, schools, and local services along the Pine Island Corridor area.
With both units currently vacant, the property provides flexibility for an owner-occupant or investor. A buyer can live in one unit while generating rental income from the other, or set rents for both units immediately. It is designed for straightforward occupancy planning, supported by the recent building envelope and life-safety improvements.
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
