Duplex With Attached
For Sale
$484,000
4602/4604 Skyline Blvd, Cape Coral, FL 33914
Two well-maintained residences feature open living areas, updated mechanical systems, and established tenants.
Property Size2,410 SF
Price / SF$200.83
Days on Market195
Property Features for 4602/4604 Skyline Blvd
General Information
Standard status
Active
Size
2,410 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Building Details
Year Built
2006
Buildings
1
Tenancy
Multi
Listing Agency:
Premiere Plus Realty Company
Listed By:
Robert Bridges · License #249528804
(239) 216-9665
Source:
Swflhousesforsale
Added: Apr 7
Changed: Oct 1
Last Checked: Oct 16 at 8:52AM
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 Premiere Plus Realty Company
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Investment Insights
Based on property information with market context.
Built in 2006, this 2,410-square-foot duplex contains two three-bedroom, two-bath residences, each with an attached garage. Both units provide open-concept living areas with cathedral ceilings, ceiling fans, and kitchens equipped with generous cabinet storage and breakfast bars. The property is occupied by long-term tenants, with both residences offering the same bedroom and bath configuration.
The roof and both AC units were replaced in 2022. The duplex is located on Skyline Boulevard in Cape Coral, near shopping, entertainment, and major roads. Its paired residential layout and existing tenancy provide a straightforward multifamily configuration for an owner-user or investor.
The roof and both AC units were replaced in 2022. The duplex is located on Skyline Boulevard in Cape Coral, near shopping, entertainment, and major roads. Its paired residential layout and existing tenancy provide a straightforward multifamily configuration for an owner-user or investor.
Key Highlights
- 2,410 SF duplex built in 2006
- Two 3‑bedroom, 2‑bath units
- Attached garage serving each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,899
Cap Rate
6.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$637,980
$638.0K
Cap Rate 7%
$455,700
$455.7K
Cap Rate 9%
$354,433
$354.4K
Market Conditions
NOI Build-Up for 2,410 SF
Gross rent
$47.7K $19.80/SF
− Vacancy
−$2.1K −$0.89/SF
EGI
$45.6K $18.91/SF
− OpEx
−$13.7K −$5.67/SF
NOI
$31.9K $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%
$637,980
Cap Rate 7%
$455,700
Cap Rate 9%
$354,433
Alternative Uses
Best Use
Multifamily LT 5
$455.7K
$398.7K – $531.7K
NOI $31,899 @ 7.0% cap · market cap 6.59%
Second Best
Apartment 5plus
$422.3K
$369.5K – $492.7K
NOI $29,562 @ 7.0% cap · market cap 6.11%
Theoretical Best
Office A
$625.3K
$547.2K – $729.6K
NOI $43,773 @ 7.0% cap · market cap 9.04%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
372
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 - Two well-maintained residences feature open living areas, updated mechanical systems, and established tenants.
Where is this duplex located?
The property is located at 4602/4604 Skyline Blvd Cape Coral, FL.
What is the asking price?
The asking price for this property is $484,000.
What are key features of this property?
This property features: 2,410 SF duplex built in 2006; Two 3‑bedroom, 2‑bath units; Attached garage serving each unit
