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New Duplex

743/745 SW 9th Street, Cape Coral, FL 33991

For Sale
$499,500

ResidentialIncome, Cape Coral, FL

Property Size3,600 SF
Lot Size0.23 Acres
Price / SF$138.75
Days on Market10

Property Features for 743/745 SW 9th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Zoning description R3-W
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bedroom 4, Bedroom 5, Bathroom 4, Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 6, Bathroom 1, Bedroom 2
Pets allowed Yes
Subdivision CAPE CORAL
Lot features Corner Lot
Standard status Active
APN 22-44-23-C2-04491.0750
Size 3,600 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description CAPE CORAL UNIT 63 BLK 4491 PB 21 PG 81 LOTS 75 + 76
Tax Annual Amount 2291
Legal Description CAPE CORAL UNIT 63 BLK 4491 PB 21 PG 81 LOTS 75 + 76

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Ceiling Fan(s), Electric, Central Air
Water source Public

Amenities

Tile Thru out
Granite counters
Stainless Steel appliances

Building Details

Year built 2026
Floors in Building 1
Number of units 3
Flooring type Tile
Building materials Block, Concrete, Stucco
Roof type Shingle
Architectural style Ranch
Listing Agency: Vin-Starr Realty LLC
Listed By: Donald Hindle · License FL #258002256
Added: Nov 4 Changed: Nov 10 Last Checked: Nov 13 at 2:06AM
MLS# 2026046352

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.

Rey
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Investment Insights

Based on property information with market context.

This 3,600-square-foot duplex is under construction, with a stated 2026 year built. The planned finishes include tile throughout, granite countertops, and stainless steel appliances. The building is constructed of block, concrete, and stucco, with a shingle roof, central electric heating and air conditioning, and public water and sewer service.

The property occupies 0.23 acres in Cape Coral and is in Flood Zone X.

Key Highlights

  • 3,600‑square‑foot duplex on 0.23 acres
  • Under construction; stated year built is 2026
  • Flood Zone X

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$44,158
Cap Rate
8.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$883,160 $883.2K
Cap Rate 7%
$630,829 $630.8K
Cap Rate 9%
$490,644 $490.6K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$83.8K $23.28/SF
− Vacancy
−$3.5K −$0.98/SF
EGI
$80.3K $22.30/SF
− OpEx
−$36.1K −$10.04/SF
NOI
$44.2K $12.27/SF
Area
Cape Coral, FL
Vacancy
4.20%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$883,160
Cap Rate 7%
$630,829
Cap Rate 9%
$490,644

Alternative Uses

Best Use
Apartment 5plus
$630.8K
$552.0K – $736.0K (±1% cap)
NOI $44,158 @ 7.0% cap · market cap 8.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$934.1K
$817.4K – $1.09M (±1% cap)
NOI $65,388 @ 7.0% cap · market cap 13.09%
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

Location Intelligence

Trade Area within ½ mile

522
Businesses Nearby

Demographics for 33991, FL

26,381
Population
11,563
Households
2.3
Avg Household Size
45
Median Age
25%
College-Educated
94%
High-School Grad
12.8 sq mi
ZIP Area
2,061
Density / Sq Mi
$82,927
Median Household Income
$41,773
Median Earnings
$1,914
Median Rent
$351,100
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 Multifamily properties in Cape Coral, FL

$256 Jul
$226 Aug
$232 Sep
$219 Oct

Properties on Market for Multifamily properties in Cape Coral

Jul
Aug
Sep
Oct

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?
Multifamily property - A two-unit residential property features tile flooring, granite countertops, and stainless steel appliances.
Where is this multifamily property located?
The property is located at 743/745 SW 9th Street Cape Coral, FL.
What is the asking price?
The asking price for this property is $499,500.
What are key features of this property?
This property features: 3,600‑square‑foot duplex on 0.23 acres; Under construction; stated year built is 2026; Flood Zone X
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