Duplex with Two Private
813/815 SW 8th Street, Cape Coral, FL 33991
For Sale
$875,000
ResidentialIncome, Cape Coral, FL
Property Size3,600 SF
Lot Size0.29 Acres
Price / SF$243.06
Days on Market31
Property Features for 813/815 SW 8th Street
General Information
Property type
Property subtype
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Pets allowed
Pool private
Exterior features
Fencing
Subdivision
Lot features
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Water front features
Water front
Amenities
private saltwater pool
screened lanai
fenced privacy yard
irrigation system
impact-resistant windows and doors
full gutters
utility sinks
canal and basin views
Building Details
Year built
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Compass Florida LLC
(239) 268-8976
Listed By:
Mike Darda · License FL #252000001
(239) 256-3733
Added: Oct 14
Changed: Nov 12
Last Checked: Nov 13 at 2:06AM
MLS# 2026041306
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.
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Investment Insights
Based on property information with market context.
Completed in 2024, this 3,600-square-foot duplex contains two side-by-side residences, each with 3 bedrooms, 2 bathrooms, and a 2-car garage. The homes have no shared living walls; private storage units provide the only connection between them. Each residence includes its own saltwater pool with an electric heater, screened lanai, and fenced yard. Interior features include tile flooring, impact-resistant windows and doors, and a primary suite with direct pool access.
The 0.293-acre property has intersecting canal and basin views, canal access, and a seawall. A public boat launch nearby provides access to the freshwater canal and lake system. Public water and sewer service are in place.
The 0.293-acre property has intersecting canal and basin views, canal access, and a seawall. A public boat launch nearby provides access to the freshwater canal and lake system. Public water and sewer service are in place.
Key Highlights
- Two residences total 3,600 square feet on a 0.293‑acre lot
- Each residence has 3 bedrooms, 2 bathrooms, and a 2‑car garage
- Two private saltwater pools with electric heaters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,651
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$953,020
$953.0K
Cap Rate 7%
$680,729
$680.7K
Cap Rate 9%
$529,456
$529.5K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$71.3K $19.80/SF
− Vacancy
−$3.2K −$0.89/SF
EGI
$68.1K $18.91/SF
− OpEx
−$20.4K −$5.67/SF
NOI
$47.7K $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%
$953,020
Cap Rate 7%
$680,729
Cap Rate 9%
$529,456
Alternative Uses
Best Use
Multifamily LT 5
$680.7K
$595.6K – $794.2K
NOI $47,651 @ 7.0% cap · market cap 5.45%
Second Best
Apartment 5plus
$630.8K
$552.0K – $736.0K
NOI $44,158 @ 7.0% cap · market cap 5.05%
Theoretical Best
Office A
$934.1K
$817.4K – $1.09M
NOI $65,388 @ 7.0% cap · market cap 7.47%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
515
Businesses Nearby
Explore this area
Business Placement
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
$351,100
Median Home Value
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Market
Average Price Trend$/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 - Two separate residences offer private outdoor space, garages, and city water and sewer service.
Where is this duplex located?
The property is located at 813/815 SW 8th Street Cape Coral, FL.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Two residences total 3,600 square feet on a 0.293‑acre lot; Each residence has 3 bedrooms, 2 bathrooms, and a 2‑car garage; Two private saltwater pools with electric heaters
