Duplex on Oversized
For Sale
$325,000
4905 Viceroy St Unit 1, Cape Coral, FL 33904
Two matching residences provide a two-bedroom, two-bathroom layout on each side.
Property Size1,600 SF
Lot Size0.34 Acres
Price / SF$203.13
Days on Market12
Property Features for 4905 Viceroy St Unit 1
General Information
Standard status
Active
Size
1,600 SF
Lot size
0.34 Acres
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1963
Listing Agency:
RE/MAX Realty Team
Listed By:
Jenn Spears · License #258028717
(239) 218-3250
Source:
Naplespropertyguide
Added: Oct 21
Changed: Oct 31
Last Checked: Nov 1 at 5:37AM
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 RE/MAX Realty Team
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Investment Insights
Based on property information with market context.
This duplex, built in 1963, contains 1,600 square feet across two sides. Each side has two bedrooms and two bathrooms, for a total of four bedrooms and four bathrooms. The property sits on a 0.34-acre lot in Cape Coral.
Downtown Cape Coral is nearby, with restaurants, shopping, entertainment, and everyday conveniences in the surrounding area.
Downtown Cape Coral is nearby, with restaurants, shopping, entertainment, and everyday conveniences in the surrounding area.
Key Highlights
- Two‑bedroom, two‑bathroom configuration on each side
- 1,600‑square‑foot duplex built in 1963
- 0.34‑acre lot in Cape Coral
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,178
Cap Rate
6.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$423,560
$423.6K
Cap Rate 7%
$302,543
$302.5K
Cap Rate 9%
$235,311
$235.3K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$31.7K $19.80/SF
− Vacancy
−$1.4K −$0.89/SF
EGI
$30.3K $18.91/SF
− OpEx
−$9.1K −$5.67/SF
NOI
$21.2K $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%
$423,560
Cap Rate 7%
$302,543
Cap Rate 9%
$235,311
Alternative Uses
Best Use
Multifamily LT 5
$302.5K
$264.7K – $353.0K
NOI $21,178 @ 7.0% cap · market cap 6.52%
Second Best
Apartment 5plus
$280.4K
$245.3K – $327.1K
NOI $19,626 @ 7.0% cap · market cap 6.04%
Theoretical Best
Office A
$415.2K
$363.3K – $484.4K
NOI $29,061 @ 7.0% cap · market cap 8.94%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,280
Businesses Nearby
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Business Placement
Demographics for 33904, FL
32,029
Population
20,401
Households
1.6
Avg Household Size
56
Median Age
29%
College-Educated
95%
High-School Grad
9.7 sq mi
ZIP Area
3,302
Density / Sq Mi
$66,933
Median Household Income
$43,829
Median Earnings
$1,665
Median Rent
$347,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two matching residences provide a two-bedroom, two-bathroom layout on each side.
Where is this duplex located?
The property is located at 4905 Viceroy St Unit 1 Cape Coral, FL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bathroom configuration on each side; 1,600‑square‑foot duplex built in 1963; 0.34‑acre lot in Cape Coral
