Modern Duplex with Private
For Sale
$550,000
3106-3108 SE Santa Barbara Place, Cape Coral, FL 33904
Two well-appointed residences feature modern finishes, impact windows, private outdoor areas, and one-car garages.
Property Size2,500 SF
Price / SF$220
Days on Market48
Property Features for 3106-3108 SE Santa Barbara Place
General Information
Standard status
Active
Size
2,500 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Parking per Unit
1
Additional Details
Gross Income
$21,540
Amenities
hurricane impact windows
private lanai
quartz countertops
stainless steel appliances
Building Details
Year Built
2024
Buildings
1
Listing Agency:
Us Schwarz Immobilien Real Est
(305) 934-7352
Listed By:
Medway Realty
(941) 375-2456
Source:
Movetosarasotafl
Added: Sep 1
Changed: Oct 16
Last Checked: Oct 16 at 9:05AM
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 Us Schwarz Immobilien Real Est
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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.
Built in 2024, this duplex contains 2,500 square feet under air, with 1,250 square feet in each residence. Both units provide a three-bedroom, two-bath configuration and a one-car garage, while one side is already leased. Interior finishes include 9'4 ceilings, 42 shaker cabinets, quartz countertops, stainless steel appliances, luxury vinyl plank flooring, ceiling fans, and contemporary fixtures.
Hurricane impact windows are installed throughout, and double sliding glass doors connect each unit to its own private lanai. The property is located at 3106-3108 SE Santa Barbara Place in Cape Coral, Florida 33904.
Hurricane impact windows are installed throughout, and double sliding glass doors connect each unit to its own private lanai. The property is located at 3106-3108 SE Santa Barbara Place in Cape Coral, Florida 33904.
Key Highlights
- 2024‑built duplex with 2,500 square feet under air
- Each unit offers 1,250 square feet with 3 bedrooms, 2 baths, and a 1‑car garage
- One side is already leased
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
NOI $33,091 @ 7.0% cap · market cap 6.02%
Second Best
Apartment 5plus
$438.1K
$383.3K – $511.1K
NOI $30,666 @ 7.0% cap · market cap 5.58%
Theoretical Best
Office A
$648.7K
$567.6K – $756.8K
NOI $45,408 @ 7.0% cap · market cap 8.26%
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
293
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Duplex - Two well-appointed residences feature modern finishes, impact windows, private outdoor areas, and one-car garages.
Where is this duplex located?
The property is located at 3106-3108 SE Santa Barbara Place 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: 2024‑built duplex with 2,500 square feet under air; Each unit offers 1,250 square feet with 3 bedrooms, 2 baths, and a 1‑car garage; One side is already leased
