Elevated Duplex with
4934-4932 Viceroy Ct Cape Coral, FL 33904
New
4934-4932 Viceroy Ct, Cape Coral, FL, 33904
$489,900
For Sale
$489,900
MULTI_FAMILY - Other - CAPE CORAL, FL
Property Size2,416 SF
Lot Size0.23 Acres
Price / SF$202.77
Days on Market4
Property Features for 4934-4932 Viceroy Ct
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- RML
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 6, Bathroom 4, Bathroom 2, Bedroom 5, Bedroom 2, Bathroom 3
- Patio and Porch features
- Patio
- Pets allowed
- Yes
- Standard status
- Active
- APN
- 18-45-24-C1-00054.0160
- Size
- 2,416 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CAPE CORAL UNIT 6 PART 3 BLK 54 PB 11 PG 75 LOTS 16 + 17
- Tax Annual Amount
- 7548
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Ceiling Fan(s), Central Air
Building Details
- Year built
- 2007
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Concrete Block, Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
Realty One Group MVP
(800) 896-8790
1495 Pine Ridge Road Ste 1, Naples, FL
Listed by
Jeannette Di Leo
(239) 771-0525
Added: Jul 17 Checked: Jul 20 at 12:06 am
MLS# 226026506
Listing URL
Copyright © 2026 Naples Area Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-elevated duplex offers two spacious units, each featuring three bedrooms and two bathrooms. Each unit includes its own private attached one-car garage and a fenced private back patio area.
Both units are currently rented. The property is described as having historically remained occupied with little vacancy.
Updates include a roof installed in 2022, newer water heaters, and HVAC systems dated 2019 and 2012, with the 2012 system noted as maintained and still running well.
Both units are currently rented. The property is described as having historically remained occupied with little vacancy.
Updates include a roof installed in 2022, newer water heaters, and HVAC systems dated 2019 and 2012, with the 2012 system noted as maintained and still running well.
Key Highlights
- Two‑unit duplex in Downtown Cape Coral; each unit is a 3‑bedroom, 2‑bath layout
- Each unit includes a private attached 1‑car garage and a fenced private back patio area
- Currently rented; both units are occupied
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.8k | $19.80 |
| − Vacancy | −$2.2k | −$0.89 |
| EGI | $45.7k | $18.91 |
| − OpEx | −$13.7k | −$5.67 |
| NOI | $32.0k | $13.24 |
2,416 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$456.8K
$399.7K – $533.0K
NOI $31,979 @ 7.0% cap · market cap 6.53%
Second Best
Apartment 5plus
$423.4K
$370.4K – $493.9K
NOI $29,635 @ 7.0% cap · market cap 6.05%
Theoretical Best
Office A
$626.9K
$548.5K – $731.4K
NOI $43,882 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Well-elevated duplex with two rented 3-bedroom, 2-bath units, each with a private attached one-car garage.
Where is this duplex located?
The property is located at 4934-4932 Viceroy Ct Cape Coral, FL.
What is the asking price?
The asking price for this property is $489,900.
What are key features of this property?
This property features: Two‑unit duplex in Downtown Cape Coral; each unit is a 3‑bedroom, 2‑bath layout; Each unit includes a private attached 1‑car garage and a fenced private back patio area; Currently rented; both units are occupied
