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Duplex with Private Garages
For Sale
$549,900

610 /612 Se 13th St, Cape Coral, FL 33990

Two-unit property with open layouts, private garages, and city utility service.

Property Size2,420 SF
Price / SF$227.23
Days on Market63

Property Features for 610 /612 Se 13th St

General Information

Standard status Active
Size 2,420 SF
Total Parking Spaces 2
Property subtype Multi-Family

Additional Details

Utilities to Site Yes
Multifamily Units 2

Building Details

Year Built 2023
Buildings 1
Listing Agency: Self Realty
Listed By: Otis Jonuskis · License #249514135
Source: Swfloridarealestate
Added: Aug 13 Changed: Sep 15 Last Checked: Oct 7 at 5:43PM

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

Investment Insights

Based on property information with market context.

Completed in 2023, this duplex contains 2,420 square feet with a combined six bedrooms and four bathrooms. Each side includes a one-car garage, a large driveway, and an open interior layout finished with tile flooring throughout. White granite countertops, stainless steel appliances, double sinks in the primary bathrooms, and abundant natural light add practical appeal to the interiors.

The property at 610/612 SE 13th St. in Cape Coral is served by city water, sewer, and irrigation. It was built to current building codes, does not require flood insurance, and all assessments have been paid.

Key Highlights

  • 2023‑built duplex with 2,420 square feet
  • Combined six bedrooms and four bathrooms
  • One‑car garage on each side, plus large driveways

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,032
Cap Rate
5.83%
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 5.83%
Second Best
Apartment 5plus
$424.1K
$371.1K – $494.7K (±1% cap)
NOI $29,684 @ 7.0% cap · market cap 5.40%
Theoretical Best
Office A
$627.9K
$549.4K – $732.6K (±1% cap)
NOI $43,955 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Law Firm Restaurant Hair Salon Nail Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with open layouts, private garages, and city utility service.
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 $549,900.
What are key features of this property?
This property features: 2023‑built duplex with 2,420 square feet; Combined six bedrooms and four bathrooms; One‑car garage on each side, plus large driveways
More about this property
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