New Construction Waterfront
New
For Sale
$564,900
542/544 SE 6th Ter, Cape Coral, FL 33990
MULTI_FAMILY - Ranch - CAPE CORAL, FL
Property Size2,400 SF
Lot Size0.34 Acres
Price / SF$235.38
Days on Market5
Property Features for 542/544 SE 6th Ter
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
R3-W
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bedroom 1, Bathroom 4, Bathroom 1, Bedroom 3, Bedroom 6, Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 4
Pets allowed
Yes
Subdivision
CAPE CORAL
Standard status
Active
APN
13-44-23-C3-01143.0380
Lot size
0.34 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
CAPE CORAL UNIT 23 BLK 1143 PB 14 PG 42 LOTS 38 THRU 40
Tax Annual Amount
3169
Legal Description
CAPE CORAL UNIT 23 BLK 1143 PB 14 PG 42 LOTS 38 THRU 40
Utilities
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Well
Water front
1
Building Details
Year built
2026
Number of units
2
Flooring type
Tile
Building materials
Concrete Block, Stucco
Roof type
Shingle
Architectural style
Ranch
Listing Agency:
Beycome of Florida LLC
(804) 656-5007
Listed By:
Steven Koleno · License #3469487
(804) 656-5007
Added: Jul 31
Changed: Aug 3
Last Checked: Aug 4 at 9:06AM
MLS# 226027918
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.
Under construction, 2026 ranch-style waterfront duplex at 542/544 SE 6th Ter in Cape Coral. The property sits on a 0.34-acre three-lot site and includes two separately metered residences, each designed with an open-concept layout and 10-foot ceilings. Each home offers approximately 1,200 square feet of living area with 3 bedrooms and 2 bathrooms, plus a private one-car garage. Interiors feature tile flooring, impact-resistant windows and doors, and wood cabinetry with soft-close doors and drawers. Primary suites include barn doors leading to bathrooms with dual sinks.
Outside, a south-facing backyard overlooks a peaceful freshwater canal, providing space for a future pool or outdoor entertaining. The property is located outside the Special Flood Hazard Area. Each unit has its own utility meters to support individual occupancy and rental management.
Construction is concrete block with stucco exterior finishes and a shingle roof. Utilities include well water, with central electric heating and central air conditioning.
Outside, a south-facing backyard overlooks a peaceful freshwater canal, providing space for a future pool or outdoor entertaining. The property is located outside the Special Flood Hazard Area. Each unit has its own utility meters to support individual occupancy and rental management.
Construction is concrete block with stucco exterior finishes and a shingle roof. Utilities include well water, with central electric heating and central air conditioning.
Key Highlights
- South‑facing backyard overlooking a peaceful freshwater canal
- Two separately metered residences for individual occupancy and rental management
- Approximately 1,200 SF per unit with 3 bedrooms and 2 bathrooms
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 | $47.5k | $19.80 |
| − Vacancy | −$2.1k | −$0.89 |
| EGI | $45.4k | $18.91 |
| − OpEx | −$13.6k | −$5.67 |
| NOI | $31.8k | $13.24 |
2,400 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$453.8K
$397.1K – $529.5K
NOI $31,767 @ 7.0% cap · market cap 5.62%
Second Best
Apartment 5plus
$420.6K
$368.0K – $490.7K
NOI $29,439 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$622.7K
$544.9K – $726.5K
NOI $43,592 @ 7.0% cap · market cap 7.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
201
Businesses Nearby
Explore this area
Business Placement
Demographics for 33990, FL
32,717
Population
15,483
Households
2.1
Avg Household Size
47
Median Age
24%
College-Educated
89%
High-School Grad
9.3 sq mi
ZIP Area
3,518
Density / Sq Mi
$70,278
Median Household Income
$38,588
Median Earnings
$1,643
Median Rent
$330,500
Median Home Value
Market
Properties on Market for Duplexes in Lee County
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Under-construction duplex with separately metered residences, private garages, and a south-facing backyard overlooking a freshwater canal.
Where is this duplex located?
The property is located at 542/544 SE 6th Ter Cape Coral, FL.
What is the asking price?
The asking price for this property is $564,900.
What are key features of this property?
This property features: South‑facing backyard overlooking a peaceful freshwater canal; Two separately metered residences for individual occupancy and rental management; Approximately 1,200 SF per unit with 3 bedrooms and 2 bathrooms
