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Duplex with Private Lanais

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

For Sale
$550,000

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

Property Size2,500 SF
Price / SF$220
Days on Market51

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 FL #249528262
Source: Swfloridarealestate
Added: Sep 24 Changed: Nov 12 Last Checked: Oct 7 at 4:28PM

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

Rey
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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. How Realmo checks its estimates

Property Analytics

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

Average Price Trend$/SF for Duplexes in Cape Coral, FL

$205 Jul
$217 Aug
$222 Sep
$216 Oct

Properties on Market for Duplexes in Cape Coral

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

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
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