Waterfront Duplex with Private
For Sale
$830,000
333 333-335 Sw 47th Ter, Cape Coral, FL 33914
Two-unit waterfront property with heated saltwater pools, impact windows and doors, and private garages for each residence.
Property Size2,530 SF
Price / SF$328.06
Days on Market99
Property Features for 333 333-335 Sw 47th Ter
General Information
Standard status
Active
Size
2,530 SF
Total Parking Spaces
4
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Amenities
private heated salt water pools
impact windows and doors
high ceilings
Building Details
Year Built
2023
Buildings
1
Listing Agency:
Red 1 Realty LLC
Listed By:
Frederique Sluijters · License #2020004479
(614) 815-6602
Source:
Swfloridarealestate
Added: Jul 9
Changed: Oct 7
Last Checked: Oct 15 at 4:04AM
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 Red 1 Realty LLC
Investment Insights
Based on property information with market context.
Built in 2023, this waterfront duplex includes two separate residences, each with 3 bedrooms, 2 bathrooms, a 2-car garage, and a great room with high ceilings. Both sides feature private heated saltwater pools, while impact windows and doors add to the property’s physical improvements. The layout supports separate occupancy, multigenerational living, or rental use, including short-term rental use as stated in the property information.
The duplex sits on an oversized corner lot along a Gulf-access canal in Cape Coral. Shopping, dining, and entertainment are minutes away, and the canal provides boating access toward fishing areas and open water. The property also has potential for an RV garage, subject to applicable requirements.
The duplex sits on an oversized corner lot along a Gulf-access canal in Cape Coral. Shopping, dining, and entertainment are minutes away, and the canal provides boating access toward fishing areas and open water. The property also has potential for an RV garage, subject to applicable requirements.
Key Highlights
- Waterfront duplex on a Gulf‑access canal
- Each side offers 3 bedrooms, 2 bathrooms, and a 2‑car garage
- Two private heated saltwater pools
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,488
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$669,760
$669.8K
Cap Rate 7%
$478,400
$478.4K
Cap Rate 9%
$372,089
$372.1K
Market Conditions
NOI Build-Up for 2,530 SF
Gross rent
$50.1K $19.80/SF
− Vacancy
−$2.3K −$0.89/SF
EGI
$47.8K $18.91/SF
− OpEx
−$14.4K −$5.67/SF
NOI
$33.5K $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%
$669,760
Cap Rate 7%
$478,400
Cap Rate 9%
$372,089
Alternative Uses
Best Use
Multifamily LT 5
$478.4K
$418.6K – $558.1K
NOI $33,488 @ 7.0% cap · market cap 4.03%
Second Best
Apartment 5plus
$443.3K
$387.9K – $517.2K
NOI $31,034 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$656.5K
$574.4K – $765.9K
NOI $45,953 @ 7.0% cap · market cap 5.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
395
Businesses Nearby
Explore this area
Business Placement
Demographics for 33914, FL
42,222
Population
22,936
Households
1.8
Avg Household Size
52
Median Age
28%
College-Educated
95%
High-School Grad
22.4 sq mi
ZIP Area
1,885
Density / Sq Mi
$75,557
Median Household Income
$41,672
Median Earnings
$1,714
Median Rent
$408,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit waterfront property with heated saltwater pools, impact windows and doors, and private garages for each residence.
Where is this duplex located?
The property is located at 333 333-335 Sw 47th Ter Cape Coral, FL.
What is the asking price?
The asking price for this property is $830,000.
What are key features of this property?
This property features: Waterfront duplex on a Gulf‑access canal; Each side offers 3 bedrooms, 2 bathrooms, and a 2‑car garage; Two private heated saltwater pools
