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Duplex With Individual Garages
For Sale
$544,900

610/612 SE 13th ST, Cape Coral, FL 33990

Two residential units offer open layouts, tile flooring, stainless steel appliances, and a one-car garage for each side.

Property Size2,420 SF
Price / SF$225.17
Days on Market124

Property Features for 610/612 SE 13th ST

General Information

Standard status Active
Size 2,420 SF
Total Parking Spaces 2
Property subtype Duplex

Additional Details

Utilities to Site Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $8,310

Building Details

Building Size 2,420 SF
Year Built 2023
Buildings 1
Listing Agency: Self Realty
Listed By: Otis Jonuskis · License #249514135
Source: Alfredrobbins
Added: Jun 30 Changed: Oct 26 Last Checked: Oct 30 at 6:47PM

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 Self Realty

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Investment Insights

Based on property information with market context.

Completed in 2023, this 2,420-square-foot duplex contains 6 bedrooms and 4 bathrooms. Each side has an open layout, tile flooring throughout, stainless steel appliances, white granite countertops, and a one-car garage. Master bathrooms include double sinks, and the interiors receive natural light.

The property is served by city water, sewer, and irrigation. All assessments have been paid.

Key Highlights

  • Built in 2023 with 2,420 square feet
  • 6 bedrooms and 4 bathrooms
  • Each side includes a one‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,032
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$640,640 $640.6K
Cap Rate 7%
$457,600 $457.6K
Cap Rate 9%
$355,911 $355.9K
Market Conditions
NOI Build-Up for 2,420 SF
Gross rent
$47.9K $19.80/SF
− Vacancy
−$2.2K −$0.89/SF
EGI
$45.8K $18.91/SF
− OpEx
−$13.7K −$5.67/SF
NOI
$32.0K $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%
$640,640
Cap Rate 7%
$457,600
Cap Rate 9%
$355,911

Alternative Uses

Best Use
Multifamily LT 5
$457.6K
$400.4K – $533.9K (±1% cap)
NOI $32,032 @ 7.0% cap · market cap 5.88%
Second Best
Apartment 5plus
$424.1K
$371.1K – $494.7K (±1% cap)
NOI $29,684 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$627.9K
$549.4K – $732.6K (±1% cap)
NOI $43,955 @ 7.0% cap · market cap 8.07%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

625
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer open layouts, tile flooring, stainless steel appliances, and a one-car garage for each side.
Where is this duplex located?
The property is located at 610/612 SE 13th ST Cape Coral, FL.
What is the asking price?
The asking price for this property is $544,900.
What are key features of this property?
This property features: Built in 2023 with 2,420 square feet; 6 bedrooms and 4 bathrooms; Each side includes a one‑car garage
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