Duplex with Split-Bedroom
For Sale
$510,000
315 SE 24th Ave, Cape Coral, FL 33990
Two residential units provide separate floor plans with split-bedroom configurations.
Property Size2,266 SF
Price / SF$225.07
Days on Market77
Property Features for 315 SE 24th Ave
General Information
Standard status
Active
Size
2,266 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1981
Buildings
1
Listing Agency:
Regal Luxury Realty PA
Listed By:
Luis Davila · License #279660800
(305) 905-1025
Source:
Swfloridarealestate
Added: Jul 29
Changed: Oct 11
Last Checked: Oct 7 at 3:16PM
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 Regal Luxury Realty PA
Investment Insights
Based on property information with market context.
This duplex contains 2,266 square feet and was built in 1981. Both sides feature split-bedroom floor plans, creating distinct bedroom areas within each unit’s layout.
The property is located at 315 SE 24th Ave in Cape Coral, Florida, 33990. Its two-unit configuration supports residential occupancy across both sides of the building.
The property is located at 315 SE 24th Ave in Cape Coral, Florida, 33990. Its two-unit configuration supports residential occupancy across both sides of the building.
Key Highlights
- 2,266‑square‑foot duplex
- Two separate residential units
- Split‑bedroom layout in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,993
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$599,860
$599.9K
Cap Rate 7%
$428,471
$428.5K
Cap Rate 9%
$333,256
$333.3K
Market Conditions
NOI Build-Up for 2,266 SF
Gross rent
$44.9K $19.80/SF
− Vacancy
−$2.0K −$0.89/SF
EGI
$42.8K $18.91/SF
− OpEx
−$12.9K −$5.67/SF
NOI
$30.0K $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%
$599,860
Cap Rate 7%
$428,471
Cap Rate 9%
$333,256
Alternative Uses
Best Use
Multifamily LT 5
$428.5K
$374.9K – $499.9K
NOI $29,993 @ 7.0% cap · market cap 5.88%
Second Best
Apartment 5plus
$397.1K
$347.4K – $463.3K
NOI $27,795 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$588.0K
$514.5K – $686.0K
NOI $41,158 @ 7.0% cap · market cap 8.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
71
Businesses Nearby
Explore this area
Business Placement
Demographics for 33990, FL
32,717
Population
15,483
Households
2.1
Avg Household Size
47
Median Age
24%
College-Educated
89%
High-School Grad
9.3 sq mi
ZIP Area
3,518
Density / Sq Mi
$70,278
Median Household Income
$38,588
Median Earnings
$1,643
Median Rent
$330,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units provide separate floor plans with split-bedroom configurations.
Where is this duplex located?
The property is located at 315 SE 24th Ave Cape Coral, FL.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: 2,266‑square‑foot duplex; Two separate residential units; Split‑bedroom layout in each unit
