Duplex with Screened
For Sale
$425,000
3417/3419 Skyline Blvd, Cape Coral, FL 33914
Two leased units feature three bedrooms, two bathrooms, attached garages, updated kitchens and baths, and ceramic tile flooring.
Property Size2,200 SF
Price / SF$193.18
Days on Market176
Property Features for 3417/3419 Skyline Blvd
General Information
Standard status
Active
Size
2,200 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Parking per Unit
1
Additional Details
Utilities to Site
Yes
Amenities
ceramic tile floors
cathedral ceilings
large screened porches
Building Details
Year Built
2002
Buildings
1
Tenancy
Multi
Listing Agency:
MAKS Realty Inc
Listed By:
Manny Gonzalez · License #252010416
(239) 707-7967
Source:
Naplesareapropertysearch
Added: Apr 23
Changed: Oct 6
Last Checked: Oct 14 at 11:12PM
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 MAKS Realty Inc
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Investment Insights
Based on property information with market context.
This 2,200-square-foot duplex, built in 2002, contains two residential units with matching three-bedroom, two-bathroom layouts. Each unit includes a one-car attached garage, ceramic tile flooring, cathedral ceilings, remodeled kitchens and bathrooms, and a large screened porch. The roof was installed in 2017.
Both units are currently rented, providing established occupancy for the property. Municipal water and sewer serve the duplex, and all assessments are paid. The property is located at 3417/3419 Skyline Blvd in Cape Coral, with access to major roads, shopping, and dining in the surrounding area.
Both units are currently rented, providing established occupancy for the property. Municipal water and sewer serve the duplex, and all assessments are paid. The property is located at 3417/3419 Skyline Blvd in Cape Coral, with access to major roads, shopping, and dining in the surrounding area.
Key Highlights
- Two‑unit duplex totaling 2,200 square feet
- Each unit offers 3 bedrooms and 2 bathrooms
- One‑car attached garage included with each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,120
Cap Rate
6.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$582,400
$582.4K
Cap Rate 7%
$416,000
$416.0K
Cap Rate 9%
$323,556
$323.6K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$43.6K $19.80/SF
− Vacancy
−$2.0K −$0.89/SF
EGI
$41.6K $18.91/SF
− OpEx
−$12.5K −$5.67/SF
NOI
$29.1K $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%
$582,400
Cap Rate 7%
$416,000
Cap Rate 9%
$323,556
Alternative Uses
Best Use
Multifamily LT 5
$416.0K
$364.0K – $485.3K
NOI $29,120 @ 7.0% cap · market cap 6.85%
Second Best
Apartment 5plus
$385.5K
$337.3K – $449.8K
NOI $26,986 @ 7.0% cap · market cap 6.35%
Theoretical Best
Office A
$570.8K
$499.5K – $666.0K
NOI $39,959 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
213
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?
Duplex - Two leased units feature three bedrooms, two bathrooms, attached garages, updated kitchens and baths, and ceramic tile flooring.
Where is this duplex located?
The property is located at 3417/3419 Skyline Blvd Cape Coral, FL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,200 square feet; Each unit offers 3 bedrooms and 2 bathrooms; One‑car attached garage included with each unit
