Search
Contemporary Duplex
New
For Sale
$550,000

255 SW 3rd Terrace, Cape Coral, FL 33991

ResidentialIncome, Cape Coral, FL

Property SizeContact for details
Lot Size0.23 Acres
Days on Market4

Property Features for 255 SW 3rd Terrace

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Zoning description X
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 6, Bathroom 4, Bedroom 5, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 3, Bedroom 2
Patio and Porch features Patio
Pets allowed Yes
Exterior features Patio
Subdivision CAPE CORAL
Lot features Rectangular Lot
Standard status Active
APN 14-44-23-C3-01953.0160
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CAPE CORAL UNIT 29
Tax Annual Amount 1018
Legal Description CAPE CORAL UNIT 29

Utilities

Heating system Electric (Heating), Central
Cooling system Central Air, Electric

Amenities

impact-resistant windows and doors
interior laundry room
energy-efficient tankless water heaters

Building Details

Year built 2026
Number of units 2
Flooring type Tile
Building materials Block, Concrete, Stone
Roof type Shingle
Architectural style Contemporary
Listing Agency: BLUE BAY REALTY SERVICES
Listed By: Isarys Alvarez · License #261558250
Added: Sep 21 Changed: Sep 22 Last Checked: Sep 24 at 11:06PM
MLS# 2026039603

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.

Investment Insights

Based on property information with market context.

This contemporary duplex is under construction with a projected 2026 build year and a 0.2294-acre lot. Each never-occupied unit includes three bedrooms, two bathrooms, porcelain tile flooring, an interior laundry room, and an energy-efficient tankless water heater. Block, concrete, and stone construction, impact-resistant windows and doors, central electric cooling, electric central heat, and patios are included. City water and sewer serve the property, assessments are paid in full, and the property has no HOA restrictions or flood-zone designation.

The property is located at 255 SW 3rd Terrace in Cape Coral, within walking distance of Sun Splash Family Waterpark, The Courts pickleball and tennis complex, Cape Coral Charter School, Lake Kennedy Community Park, Santa Barbara Lanes, Eagle Skate Park, William "Bill" Austen Youth Center, CrossFit ENG, and a veterinary hospital. The layout provides two separate residential units within one multifamily property.

Key Highlights

  • Two‑unit property with 3 bedrooms and 2 bathrooms per unit
  • 0.2294‑acre lot with city water and sewer
  • Projected 2026 construction with block, concrete, and stone materials

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Storage Facility Daycare Center (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

745
Businesses Nearby

Demographics for 33991, FL

26,381
Population
11,563
Households
2.3
Avg Household Size
45
Median Age
25%
College-Educated
94%
High-School Grad
12.8 sq mi
ZIP Area
2,061
Density / Sq Mi
$82,927
Median Household Income
$41,773
Median Earnings
$1,914
Median Rent
$351,100
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom units offer tile flooring, private laundry areas, and tankless water heaters in a modern residential configuration.
Where is this duplex located?
The property is located at 255 SW 3rd Terrace Cape Coral, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two‑unit property with 3 bedrooms and 2 bathrooms per unit; 0.2294‑acre lot with city water and sewer; Projected 2026 construction with block, concrete, and stone materials
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message