Freshly Painted Duplex with
For Sale
$459,900
2937-3001 Santa Barbara Blvd Unit 3001, Cape Coral, FL 33914
Two spacious three-bedroom units offer private garages, screened lanais, tile flooring, and vaulted ceilings.
Property Size2,726 SF
Price / SF$168.71
Days on Market129
Property Features for 2937-3001 Santa Barbara Blvd Unit 3001
General Information
Standard status
Active
Size
2,726 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Parking per Unit
2
Amenities
screened lanai
tile floor
vaulted ceilings
Building Details
Year Built
2006
Buildings
1
Listing Agency:
Blue Sky Builders & Realty
Listed By:
Donna Gross · License #252000526
(239) 823-3373
Source:
Naplesareapropertysearch
Added: Jun 9
Changed: Oct 15
Last Checked: Oct 14 at 11:47PM
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 Blue Sky Builders & Realty
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Investment Insights
Based on property information with market context.
This 2,726 SF duplex contains two separately configured residences, each measuring 1,363 SF with three bedrooms, two bathrooms, and a two-car garage. Both units include screened lanais, tile flooring throughout, and vaulted ceilings. Interior and exterior painting has been completed, providing a refreshed finish across the property.
Built in 2006, the property is located at 2937-3001 Santa Barbara Blvd, Unit 3001, in Cape Coral, Florida. The combination of matching unit layouts, private garage capacity, and durable interior finishes creates a straightforward multifamily configuration for residential income ownership.
Built in 2006, the property is located at 2937-3001 Santa Barbara Blvd, Unit 3001, in Cape Coral, Florida. The combination of matching unit layouts, private garage capacity, and durable interior finishes creates a straightforward multifamily configuration for residential income ownership.
Key Highlights
- Two‑unit duplex totaling 2,726 SF
- Each unit offers 1,363 SF, 3 bedrooms, and 2 bathrooms
- Two‑car garage included with each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,082
Cap Rate
7.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$721,640
$721.6K
Cap Rate 7%
$515,457
$515.5K
Cap Rate 9%
$400,911
$400.9K
Market Conditions
NOI Build-Up for 2,726 SF
Gross rent
$54.0K $19.80/SF
− Vacancy
−$2.4K −$0.89/SF
EGI
$51.5K $18.91/SF
− OpEx
−$15.5K −$5.67/SF
NOI
$36.1K $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%
$721,640
Cap Rate 7%
$515,457
Cap Rate 9%
$400,911
Alternative Uses
Best Use
Multifamily LT 5
$515.5K
$451.0K – $601.4K
NOI $36,082 @ 7.0% cap · market cap 7.85%
Second Best
Apartment 5plus
$477.7K
$418.0K – $557.3K
NOI $33,438 @ 7.0% cap · market cap 7.27%
Theoretical Best
Office A
$707.3K
$618.9K – $825.2K
NOI $49,513 @ 7.0% cap · market cap 10.77%
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
64
Businesses Nearby
Explore this area
Business Placement
Demographics for 33914, FL
42,222
Population
22,936
Households
1.8
Avg Household Size
52
Median Age
28%
College-Educated
95%
High-School Grad
22.4 sq mi
ZIP Area
1,885
Density / Sq Mi
$75,557
Median Household Income
$41,672
Median Earnings
$1,714
Median Rent
$408,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two spacious three-bedroom units offer private garages, screened lanais, tile flooring, and vaulted ceilings.
Where is this duplex located?
The property is located at 2937-3001 Santa Barbara Blvd Unit 3001 Cape Coral, FL.
What is the asking price?
The asking price for this property is $459,900.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,726 SF; Each unit offers 1,363 SF, 3 bedrooms, and 2 bathrooms; Two‑car garage included with each unit
