10-Unit Two-Story Apartment
New
For Sale
$2,700,000
3410 S Skyline Blvd, Cape Coral, FL 33914
Each residence includes two bedrooms, two full bathrooms, in-unit laundry, and a patio or balcony.
Property Size10,952 SF
Price / SF$246.53
Days on Market2
Property Features for 3410 S Skyline Blvd
General Information
Standard status
Active
Size
10,952 SF
Total Parking Spaces
25
Property subtype
Multi-Family
Occupancy
100%
Site & Location
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
10 x 2BR/2BA
Multifamily Units
10
Building Details
Year Built
2026
Buildings
1
Stories
2
Construction
concrete block
Listing Agency:
Realty Executives Of Swfl
(239) 561-5600
Listed By:
Ted Stout
(239) 313-8020
Source:
Realmarkrealty
Added: Oct 19
Last Checked: Oct 19 at 6:14AM
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 Realty Executives Of Swfl
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Investment Insights
Based on property information with market context.
This 10-unit apartment building was built in 2026 and spans two stories, with six residences on the ground level and four above. Each unit has two bedrooms and two full bathrooms, plus a combined living and dining area, a kitchen with an island, a primary suite with a walk-in closet and private bath, in-unit laundry, and a patio or balcony. Concrete block construction, a stucco exterior, an architectural shingle roof, and impact-resistant windows and exterior doors are part of the building. Seller-owned appliances installed in the units are included in the sale.
The property is on Skyline Boulevard in Southwest Cape Coral, with access to Cape Coral Parkway and Veterans Memorial Parkway. It has 25 parking spaces and separate water and electric meters for each apartment. All units are occupied.
The property is on Skyline Boulevard in Southwest Cape Coral, with access to Cape Coral Parkway and Veterans Memorial Parkway. It has 25 parking spaces and separate water and electric meters for each apartment. All units are occupied.
Key Highlights
- 10 apartment units, built in 2026
- Two‑story layout with six ground‑floor units and four second‑floor units
- Each unit has 2 bedrooms and 2 full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$134,340
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,686,800
$2.7M
Cap Rate 7%
$1,919,143
$1.9M
Cap Rate 9%
$1,492,667
$1.5M
Market Conditions
NOI Build-Up for 10,952 SF
Gross rent
$255.0K $23.28/SF
− Vacancy
−$10.7K −$0.98/SF
EGI
$244.3K $22.30/SF
− OpEx
−$109.9K −$10.04/SF
NOI
$134.3K $12.27/SF
Area
Cape Coral, FL
Vacancy
4.20%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,686,800
Cap Rate 7%
$1,919,143
Cap Rate 9%
$1,492,667
Alternative Uses
Best Use
Apartment 5plus
$1.92M
$1.68M – $2.24M
NOI $134,340 @ 7.0% cap · market cap 4.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.84M
$2.49M – $3.32M
NOI $198,923 @ 7.0% cap · market cap 7.37%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
10
Residential units
100%
Occupancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
157
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Each residence includes two bedrooms, two full bathrooms, in-unit laundry, and a patio or balcony.
Where is this multifamily property located?
The property is located at 3410 S Skyline Blvd Cape Coral, FL.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 10 apartment units, built in 2026; Two‑story layout with six ground‑floor units and four second‑floor units; Each unit has 2 bedrooms and 2 full bathrooms
