Duplex with Screened
For Sale
$348,900
3004 Santa Barbara BLVD A - B, Cape Coral, FL 33914
Each residence includes front parking, a screened outdoor area, and no HOA.
Property Size2,194 SF
Price / SF$159.02
Days on Market132
Property Features for 3004 Santa Barbara BLVD A - B
General Information
Standard status
Active
Size
2,194 SF
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,553
Amenities
screened lanai
front parking
Building Details
Building Size
2,194 SF
Year Built
1980
Buildings
1
Listing Agency:
Exp Realty LLC
(239) 450-8971
Listed By:
Sandra Schlaupitz · License #688348
(239) 734-3155
Source:
Alfredrobbins
Added: Jun 23
Changed: Oct 26
Last Checked: Oct 30 at 8:53PM
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 Exp Realty LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1980 duplex contains two residences, each with 2 bedrooms, 2 full bathrooms, and a screened lanai. Front parking serves the property, and there is no HOA.
Located in Cape Coral, the property is near shopping, dining, parks, schools, medical offices, and everyday services, with access to main roads for travel around the city and nearby areas.
Located in Cape Coral, the property is near shopping, dining, parks, schools, medical offices, and everyday services, with access to main roads for travel around the city and nearby areas.
Key Highlights
- Two residences, each with 2 bedrooms and 2 full bathrooms
- Screened lanai for each residence
- Built in 1980
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,040
Cap Rate
8.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,800
$580.8K
Cap Rate 7%
$414,857
$414.9K
Cap Rate 9%
$322,667
$322.7K
Market Conditions
NOI Build-Up for 2,194 SF
Gross rent
$43.4K $19.80/SF
− Vacancy
−$2.0K −$0.89/SF
EGI
$41.5K $18.91/SF
− OpEx
−$12.4K −$5.67/SF
NOI
$29.0K $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%
$580,800
Cap Rate 7%
$414,857
Cap Rate 9%
$322,667
Alternative Uses
Best Use
Multifamily LT 5
$414.9K
$363.0K – $484.0K
NOI $29,040 @ 7.0% cap · market cap 8.32%
Second Best
Apartment 5plus
$384.5K
$336.4K – $448.5K
NOI $26,912 @ 7.0% cap · market cap 7.71%
Theoretical Best
Office A
$569.3K
$498.1K – $664.2K
NOI $39,850 @ 7.0% cap · market cap 11.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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 - Each residence includes front parking, a screened outdoor area, and no HOA.
Where is this duplex located?
The property is located at 3004 Santa Barbara BLVD A - B Cape Coral, FL.
What is the asking price?
The asking price for this property is $348,900.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 2 full bathrooms; Screened lanai for each residence; Built in 1980
