Two-Unit Duplex with
For Sale
$495,000
3820 /3822 Sw 16th Pl, Cape Coral, FL 33914
Duplex featuring private garages, fenced outdoor space, and durable interior finishes in southwest Cape Coral.
Property Size2,416 SF
Price / SF$204.88
Days on Market80
Property Features for 3820 /3822 Sw 16th Pl
General Information
Standard status
Active
Size
2,416 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Amenities
tile flooring
granite countertops
wood cabinetry
volume ceilings
ceiling fans
bright kitchens with breakfast bars
tiled showers
storm shutters
fenced backyard
Building Details
Year Built
2019
Listing Agency:
Starlink Realty, Inc
Listed By:
Joshua Melendez · License #258029479
(239) 233-2838
Source:
Swfloridarealestate
Added: Jul 28
Changed: Oct 14
Last Checked: Oct 7 at 4:40PM
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 Starlink Realty, Inc
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Investment Insights
Based on property information with market context.
Built in 2019, this duplex contains two residential units, each with 3 bedrooms, 2 bathrooms, and a one-car garage. Interior details include tile flooring, granite countertops, wood cabinetry, volume ceilings, ceiling fans, breakfast bars, and tiled showers. Storm shutters and fenced backyard space add functional features to the property, while parking across the street provides additional guest or work-vehicle capacity.
The property is located in southwest Cape Coral near schools, shopping, dining, and health care. Its address is 3820/3822 SW 16th Pl, Cape Coral, FL 33914.
The property is located in southwest Cape Coral near schools, shopping, dining, and health care. Its address is 3820/3822 SW 16th Pl, Cape Coral, FL 33914.
Key Highlights
- Two‑unit duplex built in 2019
- Each unit includes 3 bedrooms, 2 bathrooms, and a one‑car garage
- Tile flooring, granite countertops, wood cabinetry, and volume ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,979
Cap Rate
6.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$639,580
$639.6K
Cap Rate 7%
$456,843
$456.8K
Cap Rate 9%
$355,322
$355.3K
Market Conditions
NOI Build-Up for 2,416 SF
Gross rent
$47.8K $19.80/SF
− Vacancy
−$2.2K −$0.89/SF
EGI
$45.7K $18.91/SF
− OpEx
−$13.7K −$5.67/SF
NOI
$32.0K $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%
$639,580
Cap Rate 7%
$456,843
Cap Rate 9%
$355,322
Alternative Uses
Best Use
Multifamily LT 5
$456.8K
$399.7K – $533.0K
NOI $31,979 @ 7.0% cap · market cap 6.46%
Second Best
Apartment 5plus
$423.4K
$370.4K – $493.9K
NOI $29,635 @ 7.0% cap · market cap 5.99%
Theoretical Best
Office A
$626.9K
$548.5K – $731.4K
NOI $43,882 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
200
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
Frequently Asked Questions
What type of property is this?
Duplex - Duplex featuring private garages, fenced outdoor space, and durable interior finishes in southwest Cape Coral.
Where is this duplex located?
The property is located at 3820 /3822 Sw 16th Pl Cape Coral, FL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Two‑unit duplex built in 2019; Each unit includes 3 bedrooms, 2 bathrooms, and a one‑car garage; Tile flooring, granite countertops, wood cabinetry, and volume ceilings
