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Modern Two-Unit Duplex
For Sale
$599,000

2510/2512 Nw 15th Pl, Cape Coral, FL 33993

Both residences are occupied and feature three bedrooms, two bathrooms, and a one-car garage.

Property Size2,600 SF
Price / SF$230.38
Days on Market8

Property Features for 2510/2512 Nw 15th Pl

General Information

Standard status Active
Size 2,600 SF
Property subtype Multi-Family
Occupancy 100%

Financials

Gross Income $45,600
Average Monthly Rent $1,900

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Additional Details

Tenant in Place Yes

Amenities

fenced yard
impact-resistant windows and doors
paver driveway

Building Details

Year Built 2023
Construction modern
Listing Agency: Marzucco Real Estate
Listed By: Brandon Fajardo · License #258036244
Source: Mynaplesareahomefinder
Added: Oct 25 Changed: Oct 31 Last Checked: Nov 1 at 6:06AM

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 Marzucco Real Estate

Rey
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Investment Insights

Based on property information with market context.

Built in 2023, this duplex contains 2,600 square feet across two residences, each with more than 1,300 square feet of living area. Both layouts include three bedrooms, two bathrooms, an open-concept living area, high ceilings, tile flooring, contemporary kitchens with stainless-steel appliances, walk-in closets, and finished bathrooms. Each side also has a one-car garage. Impact-resistant windows and doors are installed throughout the property.

The nearly half-acre parcel has a fenced yard and a paver driveway. The property is near VA healthcare facilities, with access to Fort Myers, shopping, dining, schools, and other everyday services. Both units are occupied.

Key Highlights

  • Two residences with more than 1,300 sq. ft. of living area each
  • Built in 2023; 2,600 square feet total
  • Each unit has 3 bedrooms, 2 bathrooms, and a 1‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,414
Cap Rate
5.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$688,280 $688.3K
Cap Rate 7%
$491,629 $491.6K
Cap Rate 9%
$382,378 $382.4K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$51.5K $19.80/SF
− Vacancy
−$2.3K −$0.89/SF
EGI
$49.2K $18.91/SF
− OpEx
−$14.7K −$5.67/SF
NOI
$34.4K $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%
$688,280
Cap Rate 7%
$491,629
Cap Rate 9%
$382,378

Alternative Uses

Best Use
Multifamily LT 5
$491.6K
$430.2K – $573.6K (±1% cap)
NOI $34,414 @ 7.0% cap · market cap 5.75%
Second Best
Apartment 5plus
$455.6K
$398.7K – $531.5K (±1% cap)
NOI $31,892 @ 7.0% cap · market cap 5.32%
Theoretical Best
Office A
$674.6K
$590.3K – $787.1K (±1% cap)
NOI $47,224 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

35
Businesses Nearby

Demographics for 33993, FL

29,848
Population
13,098
Households
2.3
Avg Household Size
41
Median Age
22%
College-Educated
92%
High-School Grad
43.7 sq mi
ZIP Area
683
Density / Sq Mi
$89,220
Median Household Income
$41,871
Median Earnings
$2,057
Median Rent
$319,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences are occupied and feature three bedrooms, two bathrooms, and a one-car garage.
Where is this duplex located?
The property is located at 2510/2512 Nw 15th Pl Cape Coral, FL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two residences with more than 1,300 sq. ft. of living area each; Built in 2023; 2,600 square feet total; Each unit has 3 bedrooms, 2 bathrooms, and a 1‑car garage
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