2024 Duplex with Attached
4945-4947 Viceroy Court, Cape Coral, FL 33904
For Sale
$499,000
ResidentialIncome, Cape Coral, FL
Property Size2,348 SF
Lot Size0.26 Acres
Price / SF$212.52
Days on Market175
Property Features for 4945-4947 Viceroy Court
General Information
Property type
Property subtype
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Patio and Porch features
Pets allowed
Interior features
Exterior features
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Individually Metered Utilities
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Building Details
Year built
Number of units
Flooring type
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
LSI Companies Inc.
(239) 489-4066
Listed By:
Justin Milcetich · License FL #258034861
(239) 287-8616
Added: May 21
Changed: Nov 10
Last Checked: Nov 11 at 12:06AM
MLS# 2026045116
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.
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Investment Insights
Based on property information with market context.
Built in 2024, this block, concrete and stucco duplex contains 2,348 square feet across two residences. Each unit offers three bedrooms, two bathrooms and approximately 1,174 square feet, with open-concept interiors, upgraded finishes and a private screened lanai. Attached garages serve both residences, and the building has tile and vinyl flooring with central heating and air conditioning.
The property occupies a 0.258-acre lot in South Cape Coral, with access to Cape Coral Parkway, the Cape Coral Bridge, Downtown Cape Coral, shopping and waterfront dining. Water and electric are individually metered, and tenants pay their utility costs. Utility assessments are fully paid.
The property occupies a 0.258-acre lot in South Cape Coral, with access to Cape Coral Parkway, the Cape Coral Bridge, Downtown Cape Coral, shopping and waterfront dining. Water and electric are individually metered, and tenants pay their utility costs. Utility assessments are fully paid.
Key Highlights
- 2024 construction; 2,348‑square‑foot building on 0.258 acres
- Two units, each approximately 1,174 square feet with 3 bedrooms and 2 bathrooms
- Open‑concept interiors, upgraded finishes and private screened lanais
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,079
Cap Rate
6.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$621,580
$621.6K
Cap Rate 7%
$443,986
$444.0K
Cap Rate 9%
$345,322
$345.3K
Market Conditions
NOI Build-Up for 2,348 SF
Gross rent
$46.5K $19.80/SF
− Vacancy
−$2.1K −$0.89/SF
EGI
$44.4K $18.91/SF
− OpEx
−$13.3K −$5.67/SF
NOI
$31.1K $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%
$621,580
Cap Rate 7%
$443,986
Cap Rate 9%
$345,322
Alternative Uses
Best Use
Multifamily LT 5
$444.0K
$388.5K – $518.0K
NOI $31,079 @ 7.0% cap · market cap 6.23%
Second Best
Apartment 5plus
$411.4K
$360.0K – $480.0K
NOI $28,801 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$609.2K
$533.1K – $710.8K
NOI $42,647 @ 7.0% cap · market cap 8.55%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,349
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
$347,100
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Cape Coral, FL
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Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences feature screened lanais, upgraded finishes and separate water and electric meters.
Where is this duplex located?
The property is located at 4945-4947 Viceroy Court Cape Coral, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 2024 construction; 2,348‑square‑foot building on 0.258 acres; Two units, each approximately 1,174 square feet with 3 bedrooms and 2 bathrooms; Open‑concept interiors, upgraded finishes and private screened lanais
