Renovated
617/619 SE 12th Court, Cape Coral, FL 33990
For Sale
$499,900
ResidentialIncome, Cape Coral, FL
Property Size1,235 SF
Lot Size0.26 Acres
Price / SF$404.78
Days on Market13
Property Features for 617/619 SE 12th Court
General Information
Property type
Property subtype
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Patio and Porch features
Pets allowed
Exterior features
Fencing
Subdivision
Lot features
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
screened lanai
individually fenced yards
Building Details
Year built
Number of units
Flooring type
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
Sposen Realty & Development
(239) 244-8858
Listed By:
Ellison Espinal · License FL #258020755
(239) 699-1974
Added: Nov 3
Changed: Nov 10
Last Checked: Nov 15 at 10:06AM
MLS# 2026046183
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Cape Coral duplex contains two three-bedroom, two-bath residences, each with 1,235 square feet of living area. Both units have screened lanais, individually fenced yards, and two-car garages. Renovation work includes new flooring, cabinetry, quartz countertops, Samsung stainless steel appliances, replumbing, interior doors, trim, and baseboards. The building was constructed in 1994 and has a shingle roof. The 0.258-acre property is served by public water and sewer, with assessments paid in full. It is in Flood Zone X and has no HOA fees.
The property is in southeast Cape Coral, with access to both bridges to Fort Myers and close proximity to Cape Coral Hospital.
The property is in southeast Cape Coral, with access to both bridges to Fort Myers and close proximity to Cape Coral Hospital.
Key Highlights
- Two duplex units, each with 3 bedrooms, 2 bathrooms, and 1,235 square feet of living area
- Each unit has a two‑car garage, screened lanai, and fenced yard
- Renovations include quartz countertops, new cabinets, Samsung stainless steel appliances, and complete replumbing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,347
Cap Rate
3.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,940
$326.9K
Cap Rate 7%
$233,529
$233.5K
Cap Rate 9%
$181,633
$181.6K
Market Conditions
NOI Build-Up for 1,235 SF
Gross rent
$24.5K $19.80/SF
− Vacancy
−$1.1K −$0.89/SF
EGI
$23.4K $18.91/SF
− OpEx
−$7.0K −$5.67/SF
NOI
$16.3K $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%
$326,940
Cap Rate 7%
$233,529
Cap Rate 9%
$181,633
Alternative Uses
Best Use
Multifamily LT 5
$233.5K
$204.3K – $272.5K
NOI $16,347 @ 7.0% cap · market cap 3.27%
Second Best
Apartment 5plus
$216.4K
$189.4K – $252.5K
NOI $15,149 @ 7.0% cap · market cap 3.03%
Theoretical Best
Office A
$320.5K
$280.4K – $373.9K
NOI $22,432 @ 7.0% cap · market cap 4.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,741
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
$330,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Cape Coral, FL
Properties on Market for Duplexes in Cape Coral
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers three bedrooms, two bathrooms, a screened lanai, and a two-car garage.
Where is this duplex located?
The property is located at 617/619 SE 12th Court Cape Coral, FL.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Two duplex units, each with 3 bedrooms, 2 bathrooms, and 1,235 square feet of living area; Each unit has a two‑car garage, screened lanai, and fenced yard; Renovations include quartz countertops, new cabinets, Samsung stainless steel appliances, and complete replumbing
