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Duplex with Private Lanais
For Sale
$550,000

3106 3106-3108 Se Santa Barbara Pl, Cape Coral, FL 33904

Both residences offer three-bedroom layouts, attached garages, and contemporary interior finishes.

Property Size2,500 SF
Price / SF$220
Days on Market14

Property Features for 3106 3106-3108 Se Santa Barbara Pl

General Information

Standard status Active
Size 2,500 SF
Total Parking Spaces 2
Elevators No
Property subtype Multi-Family
Occupancy 50%

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2
Parking per Unit 1

Building Details

Year Built 2024
Buildings 1
Tenancy Single
Listing Agency: Panther Management
Listed By: Mari Ruiz Vallejo · License #249528262
Source: Swfloridarealestate
Added: Sep 24 Changed: Sep 25 Last Checked: Oct 5 at 10:52PM

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 Panther Management

Investment Insights

Based on property information with market context.

Built in 2024, this Cape Coral duplex contains two residences with a combined 2,500 square feet of living area, or 1,250 square feet per unit. Each side has three bedrooms, two bathrooms, and a one-car garage. Interior finishes include 9-foot-4-inch ceilings, 42-inch shaker cabinets, quartz counters, stainless steel appliances, luxury vinyl plank flooring, ceiling fans, and updated fixtures.

Impact-resistant windows serve both units, and each residence opens through double sliders to its own lanai. One side is leased, while the other is available for occupancy.

Key Highlights

  • Two‑unit duplex built in 2024
  • 2,500 square feet total; 1,250 square feet per unit
  • Each unit has 3 bedrooms, 2 bathrooms, and a 1‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,091
Cap Rate
6.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$661,820 $661.8K
Cap Rate 7%
$472,729 $472.7K
Cap Rate 9%
$367,678 $367.7K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$49.5K $19.80/SF
− Vacancy
−$2.2K −$0.89/SF
EGI
$47.3K $18.91/SF
− OpEx
−$14.2K −$5.67/SF
NOI
$33.1K $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%
$661,820
Cap Rate 7%
$472,729
Cap Rate 9%
$367,678

Alternative Uses

Best Use
Multifamily LT 5
$472.7K
$413.6K – $551.5K (±1% cap)
NOI $33,091 @ 7.0% cap · market cap 6.02%
Second Best
Apartment 5plus
$438.1K
$383.3K – $511.1K (±1% cap)
NOI $30,666 @ 7.0% cap · market cap 5.58%
Theoretical Best
Office A
$648.7K
$567.6K – $756.8K (±1% cap)
NOI $45,408 @ 7.0% cap · market cap 8.26%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Bakery Electrical Service (Bike/Boat/Book/etc) Store Skin Care Clinic

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
50%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

293
Businesses Nearby

Demographics for 33904, FL

32,029
Population
20,401
Households
1.6
Avg Household Size
56
Median Age
29%
College-Educated
95%
High-School Grad
9.7 sq mi
ZIP Area
3,302
Density / Sq Mi
$66,933
Median Household Income
$43,829
Median Earnings
$1,665
Median Rent
$347,100
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 - Both residences offer three-bedroom layouts, attached garages, and contemporary interior finishes.
Where is this duplex located?
The property is located at 3106 3106-3108 Se Santa Barbara Pl 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 built in 2024; 2,500 square feet total; 1,250 square feet per unit; Each unit has 3 bedrooms, 2 bathrooms, and a 1‑car garage
More about this property
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