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    Modern Income-Producing Duplex Title is generated by Realmo AI

    2530/2532 NW 31st Avenue, Cape Coral, FL 33993

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    For Sale
    $595,000

    MULTI_FAMILY - Other - Cape Coral, FL

    Property size:
    3,672 SF
    Lot size:
    0.46 Acres
    Price / SF:
    $162/SF
    Added:
    Jan 16, 2026
    Days on Market:
    163
    Last Refresh:
    Jun 28 at 1:06 am

    Property Features for 2530/2532 NW 31st Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    4
    Rooms
    Bedroom 1, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 6, Bathroom 4, Bedroom 4, Bedroom 3, Bathroom 3, Bedroom 2
    Pets allowed
    Yes
    Exterior features
    Fence, SprinklerIrrigation, RoomForPool
    Fencing
    Fenced
    Standard status
    Active
    APN
    29-43-23-C4-06176.0050
    Size
    3,672 SF
    Lot size
    0.46 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    CAPE CORAL UNIT 98 BLK 6176 PB 25 PG 115 LOT 5
    Tax Annual Amount
    1927

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air, Ceiling Fan(s), Electric
    Water source
    Well
    Water front features
    Canal Access
    Water front
    1

    Building Details

    Year built
    2024
    Number of units
    2
    Flooring type
    Laminate
    Building materials
    Concrete, Stucco
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Contact an agent
    Kevin Delaini
    Kevin Delaini

    Listing agent Kevin Delaini License #481007924

    Listing office Premiere Plus Realty Company 5237 Summerlin Commons Blvd, Naples, FL

    Listing date Jan 16, 2026

    MLS# 2026002080 Listing URL

    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

    • 2024‑built duplex, fully rented with immediate cash flow; both units are currently rented.
    • Each unit features 3 bedrooms, 2 bathrooms, and 1,250 sq. ft. under air.
    • Upgraded kitchens in both units with stainless steel appliances, 42" shaker‑style cabinetry, and granite countertops.
    • Hurricane impact windows and doors; designed to reduce maintenance concerns (no shutters required).
    • Covered under‑truss lanais and 9'4" ceilings for indoor‑outdoor living.
    • Canal access, fenced yard, and sprinkler irrigation; roof is shingle with well water and septic tank sewer.

    Overview

    This modern duplex in Cape Coral, FL, presents an outstanding investment opportunity with both units currently rented, ensuring immediate and consistent income flow. Each unit features 3 bedrooms, 2 bathrooms, and 1,250 sq. ft. under air, complemented by soaring 9'4" ceilings and covered under-truss lanais for comfortable indoor-outdoor living. The total area under roof is 3,672 sq. ft. The residences include upgraded kitchens with stainless steel appliances, 42" shaker-style cabinetry, granite countertops, luxury vinyl plank flooring, and high-end fixtures throughout kitchens and baths. The property features hurricane impact windows and doors, eliminating the need for shutters. Oversized garages with 8' garage doors provide ample space, while mini-split AC systems in both garages add comfort and versatility. The property sits on a lot of 0.464 acres. The seller is seeking a one-year leaseback, creating an additional layer of income stability for the next owner. This is a rare opportunity to acquire a well-built, fully occupied duplex with immediate revenue, modern finishes, and excellent long-term investment potential.

    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 $72.7k $19.80
    − Vacancy −$3.3k −$0.89
    EGI $69.4k $18.91
    − OpEx −$20.8k −$5.67
    NOI $48.6k $13.24
    3,672 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $694.3K
    $607.6K – $810.1K (±1% cap)
    NOI $48,604 @ 7.0% cap · market cap 8.17%
    Second Best
    Apartment 5plus
    $643.5K
    $563.0K – $750.7K (±1% cap)
    NOI $45,042 @ 7.0% cap · market cap 7.57%
    Theoretical Best
    Office A
    $952.8K
    $833.7K – $1.11M (±1% cap)
    NOI $66,695 @ 7.0% cap · market cap 11.21%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Building Supply Hotel & Motel Kitchen & Bath Showroom HVAC Service Garden Center Electrical Service Furniture & Home Goods Bakery

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -82.037362
    Latitude
    26.701163

    FAQs

    What type of property is this?
    Duplex - Fully rented duplex with immediate cash flow in Cape Coral.
    Where is this duplex located?
    The property is located at 2530/2532 NW 31st Avenue Cape Coral, FL.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: 2024‑built duplex, fully rented with immediate cash flow; both units are currently rented.; Each unit features 3 bedrooms, 2 bathrooms, and 1,250 sq. ft. under air.; Upgraded kitchens in both units with stainless steel appliances, 42" shaker‑style cabinetry, and granite countertops.
    More about this property
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