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Duplex with Two Three-Bedroom Units
New
For Sale
$598,900

4332/4334 Santa Barbara Boulevard, Cape Coral, FL 33914

ResidentialIncome, Cape Coral, FL

Property Size2,200 SF
Lot Size0.23 Acres
Price / SF$272.23
Days on Market2

Property Features for 4332/4334 Santa Barbara Boulevard

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description RML
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bedroom 6, Bedroom 2, Bathroom 3, Bedroom 3, Bathroom 4, Bedroom 1, Bathroom 2, Bedroom 5, Bedroom 4
Patio and Porch features Patio
Pets allowed Yes
Interior features HighSpeedInternet
Exterior features OutdoorKitchen, Patio
Subdivision CAPE CORAL
Lot features Rectangular Lot
Standard status Active
APN 11-45-23-C2-01633.0510
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CAPE CORAL UNIT 30 BLK 1633 PB 16 PG 32 LOTS 51 + 52
Tax Annual Amount 8981
Legal Description CAPE CORAL UNIT 30 BLK 1633 PB 16 PG 32 LOTS 51 + 52

Utilities

Heating system Central, Electric (Heating)
Cooling system Central Air, Electric

Building Details

Year built 2024
Floors in Building 1
Flooring type Tile
Building materials Block, Concrete, Stucco
Roof type Shingle
Architectural style Ranch
Buildings 1
Listing Agency: EXP Realty LLC
Listed By: Yisbel Bera Damiron · License #258028645
Added: Nov 1 Changed: Nov 2 Last Checked: Nov 2 at 6:06PM
MLS# 2026045885

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Built in 2024, this block, concrete, and stucco duplex contains two residences, each with three bedrooms and two bathrooms. Both units offer approximately 1,100 square feet of living space, a one-car garage, tile flooring, and an open kitchen that overlooks the living area. New stainless steel appliances are provided in each unit, and the interiors receive natural light. Central electric heating and central air conditioning serve the property.

The 0.2296-acre parcel is located on Santa Barbara Boulevard in Cape Coral, Florida. The property also includes a patio and outdoor kitchen. The assessments have been paid.

Key Highlights

  • Two units, each with 3 bedrooms and 2 bathrooms
  • Approximately 1,100 square feet of living space per unit
  • Each unit has a 1‑car garage and open kitchen

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,120
Cap Rate
4.86%
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 (±1% cap)
NOI $29,120 @ 7.0% cap · market cap 4.86%
Second Best
Apartment 5plus
$385.5K
$337.3K – $449.8K (±1% cap)
NOI $26,986 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$570.8K
$499.5K – $666.0K (±1% cap)
NOI $39,959 @ 7.0% cap · market cap 6.67%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

313
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence includes a private garage, tile flooring, and an open kitchen connected to the living area.
Where is this duplex located?
The property is located at 4332/4334 Santa Barbara Boulevard Cape Coral, FL.
What is the asking price?
The asking price for this property is $598,900.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 2 bathrooms; Approximately 1,100 square feet of living space per unit; Each unit has a 1‑car garage and open kitchen
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