Two-Bedroom
New
For Sale
$378,500
311 Tudor Drive, Cape Coral, FL 33904
MULTI_FAMILY - Other - Cape Coral, FL
Property Size1,710 SF
Lot Size0.23 Acres
Price / SF$221.35
Days on Market3
Property Features for 311 Tudor Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
MXB
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 1
Pets allowed
Call
Subdivision
CAPE CORAL
Lot features
Rectangular Lot
Directions
GPS
Standard status
Active
APN
13-45-23-C1-00092.0310
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
CAPE CORAL UNIT 2 PT.3 BLK.92 PB 11 PG 37-41 LOTS 31 + 32
Tax Annual Amount
6143
Legal Description
CAPE CORAL UNIT 2 PT.3 BLK.92 PB 11 PG 37-41 LOTS 31 + 32
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Ceiling Fan(s), Electric
Water source
Public
Amenities
tile throughout
updated kitchen
dedicated laundry/utility room
Building Details
Year built
1971
Number of units
2
Flooring type
Tile
Building materials
Block, Concrete, Stucco, WoodFrame
Roof type
Shingle
Architectural style
Other
Listing Agency:
Palm Paradise Realty Group
(239) 955-7256
Listed By:
Donald Hindle · License #258017197
(239) 446-6891
Added: Aug 2
Changed: Aug 3
Last Checked: Aug 4 at 8:06AM
MLS# 2026032767
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Welcome to 311 Tudor Drive, a two-bedroom, one-bath duplex with separate units on each side. The property totals 1,710 sq ft and features tile floors throughout. Each side includes an updated kitchen and a dedicated laundry/utility room, adding convenience for everyday living.
Built in 1971, the duplex is constructed with block, concrete, stucco, and wood frame elements. Electric heating with central systems and central air with ceiling fans help support year-round comfort, and the roof is shingle. Public water service is provided.
The address is in Cape Coral, positioned in a downtown-adjacent area near the Bimini Basin shoreline and Bimini Square mixed-use development.
Built in 1971, the duplex is constructed with block, concrete, stucco, and wood frame elements. Electric heating with central systems and central air with ceiling fans help support year-round comfort, and the roof is shingle. Public water service is provided.
The address is in Cape Coral, positioned in a downtown-adjacent area near the Bimini Basin shoreline and Bimini Square mixed-use development.
Key Highlights
- 0.23‑acre lot with 1,710 sq ft total living area
- Two‑bedroom, one‑bath duplex with each side configured as a separate unit
- Tile floors throughout
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.9k | $19.80 |
| − Vacancy | −$1.5k | −$0.89 |
| EGI | $32.3k | $18.91 |
| − OpEx | −$9.7k | −$5.67 |
| NOI | $22.6k | $13.24 |
1,710 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$323.3K
$282.9K – $377.2K
NOI $22,634 @ 7.0% cap · market cap 5.98%
Second Best
Apartment 5plus
$299.6K
$262.2K – $349.6K
NOI $20,975 @ 7.0% cap · market cap 5.54%
Theoretical Best
Office A
$443.7K
$388.2K – $517.7K
NOI $31,059 @ 7.0% cap · market cap 8.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
784
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
Properties on Market for Duplexes in Lee County
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex on a 0.23-acre lot built in 1971 with tile floors, updated kitchens, and a laundry room on each side.
Where is this duplex located?
The property is located at 311 Tudor Drive Cape Coral, FL.
What is the asking price?
The asking price for this property is $378,500.
What are key features of this property?
This property features: 0.23‑acre lot with 1,710 sq ft total living area; Two‑bedroom, one‑bath duplex with each side configured as a separate unit; Tile floors throughout
