Duplex with Screened
For Sale
$550,000
269-271 SW 4th St, Cape Coral, FL 33991
Two residential units provide private screened outdoor areas, garage access, and proximity to shopping.
Property Size2,518 SF
Price / SF$218.43
Days on Market73
Property Features for 269-271 SW 4th St
General Information
Standard status
Active
Size
2,518 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Amenities
screened lanai
Building Details
Year Built
2003
Buildings
1
Listing Agency:
MarjieB LLC
Listed By:
Marjie Bachman · License #249512714
(239) 333-9166
Source:
Swfloridarealestate
Added: Aug 2
Changed: Oct 5
Last Checked: Oct 7 at 4:53PM
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 MarjieB LLC
Investment Insights
Based on property information with market context.
Built in 2003, this duplex contains two residential units with a matching three-bedroom, two-bathroom layout on each side. Both residences include a screened lanai and a one-car garage, providing dedicated indoor and outdoor space for each household. The property has a total size of 2518.
The address is positioned near the Pine Island corridor and Sunsplash Waterpark, with shopping available within minutes. Assessments have been paid, adding a completed item for ownership review.
The address is positioned near the Pine Island corridor and Sunsplash Waterpark, with shopping available within minutes. Assessments have been paid, adding a completed item for ownership review.
Key Highlights
- Two‑unit duplex with 3 bedrooms and 2 bathrooms in each residence
- Each unit includes a screened lanai and a one‑car garage
- Built in 2003
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,329
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$666,580
$666.6K
Cap Rate 7%
$476,129
$476.1K
Cap Rate 9%
$370,322
$370.3K
Market Conditions
NOI Build-Up for 2,518 SF
Gross rent
$49.9K $19.80/SF
− Vacancy
−$2.2K −$0.89/SF
EGI
$47.6K $18.91/SF
− OpEx
−$14.3K −$5.67/SF
NOI
$33.3K $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%
$666,580
Cap Rate 7%
$476,129
Cap Rate 9%
$370,322
Alternative Uses
Best Use
Multifamily LT 5
$476.1K
$416.6K – $555.5K
NOI $33,329 @ 7.0% cap · market cap 6.06%
Second Best
Apartment 5plus
$441.2K
$386.1K – $514.8K
NOI $30,886 @ 7.0% cap · market cap 5.62%
Theoretical Best
Office A
$653.4K
$571.7K – $762.3K
NOI $45,735 @ 7.0% cap · market cap 8.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
654
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units provide private screened outdoor areas, garage access, and proximity to shopping.
Where is this duplex located?
The property is located at 269-271 SW 4th St 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 duplex with 3 bedrooms and 2 bathrooms in each residence; Each unit includes a screened lanai and a one‑car garage; Built in 2003
