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Contemporary Duplex with Impact-Resistant Openings
For Sale
$550,000
Pending

257/259 SW 3rd Terrace, Cape Coral, FL 33991

MULTI_FAMILY - Contemporary - Cape Coral, FL

Property SizeContact for details
Lot Size0.23 Acres
Days on Market59

Property Features for 257/259 SW 3rd Terrace

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Zoning description R3-D
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bedroom 2, Bathroom 3, Bathroom 4, Bedroom 6, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 5
Patio and Porch features Patio
Pets allowed Yes
Exterior features Patio
Subdivision CAPE CORAL
Lot features Rectangular Lot
Standard status Pending
APN 14-44-23-C3-01953.0140
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CAPE CORAL UNIT 29 BLK 1953 PB 16 PG 24 LOTS 14 15
Tax Annual Amount 1018
Legal Description CAPE CORAL UNIT 29 BLK 1953 PB 16 PG 24 LOTS 14 15

Utilities

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

Amenities

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

Building Details

Year built 2026
Number of units 2
Flooring type Tile
Building materials Block, Concrete, Stucco
Roof type Shingle
Architectural style Contemporary
Listing Agency: BLUE BAY REALTY SERVICES
Listed By: Isarys Alvarez · License #261558250
Added: Jun 21 Changed: Aug 4 Last Checked: Aug 18 at 11:06PM
MLS# 2026027197

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.

Brand-new contemporary duplex under construction at 257/259 SW 3rd Terrace, built with CBS block, concrete, and stucco. The property offers a patio and tile flooring throughout, with central electric heating and central air conditioning. Each unit is designed with three bedrooms, two bathrooms, an interior laundry room, and energy-efficient tankless water heaters. Impact-resistant windows and doors are in place, and there are no HOA restrictions.

City water and sewer are provided, and all assessments are paid in full. The duplex is located within walking distance of Sun Splash Family Waterpark, The Courts pickleball and tennis complex, Cape Coral Charter School, a veterinary hospital, Santa Barbara Lanes, Eagle Skate Park, William "Bill" Austen Youth Center, CrossFit ENG, and Lake Kennedy Community Park.

The lot size is 0.2297 acres, and the planned year built is 2026. Roof type is shingle.

Key Highlights

  • 0.2297‑acre lot for 257/259 SW 3rd Terrace duplex
  • Year built 2026 and currently under construction
  • Each never‑occupied unit: 3 bedrooms and 2 bathrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Real Estate Agency Storage Facility Auto Parts Store Auto Repair Shop

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

314
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Contemporary duplex with city water and sewer, no HOA restrictions, and impact-resistant windows and doors.
Where is this duplex located?
The property is located at 257/259 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: 0.2297‑acre lot for 257/259 SW 3rd Terrace duplex; Year built 2026 and currently under construction; Each never‑occupied unit: 3 bedrooms and 2 bathrooms
More about this property
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