Brand-New Duplex with Separate
826/828 DIPLOMAT PKWY E Cape Coral, FL 33909
826/828 DIPLOMAT PKWY E, Cape Coral, FL, 33909
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For Sale
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Newly built, vacant duplex in Cape Coral with two 3-bedroom, 2-bath units and separate utilities.
Property Size3,154 SF
Price / SF$174.35
Days on Market136
Property Features for 826/828 DIPLOMAT PKWY E
General Information
- Standard status
- Active
- Size
- 3,154 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2026
Listing agency
Invest Ready Realty
Listed by
Marisel Armenteros · License #3443478
Source
Crexi
Added: Mar 10 Updated: Jul 22 at 8:45AM Checked: Jul 22 at 8:45AM
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 Invest Ready Realty
Investment Insights
Based on property information with market context.
Brand-new construction duplex featuring two separate units, each offering 3 bedrooms and 2 bathrooms. Interiors include modern finishes and open-concept living areas, with separate utilities for added convenience. The property is currently vacant and move-in ready.
Located at 826/828 Diplomat Pkwy E in Cape Coral, FL, the duplex includes no HOA, offering straightforward ownership without association requirements. Each unit’s layout is designed for day-to-day livability and provides the option to occupy one unit while renting the other.
Located at 826/828 Diplomat Pkwy E in Cape Coral, FL, the duplex includes no HOA, offering straightforward ownership without association requirements. Each unit’s layout is designed for day-to-day livability and provides the option to occupy one unit while renting the other.
Key Highlights
- Brand‑new construction duplex (Year Built 2026) in Cape Coral
- Vacant and move‑in ready, with both units ready for immediate occupancy or rental
- Two separate units with 3 bedrooms and 2 bathrooms each
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.4k | $19.80 |
| − Vacancy | −$2.8k | −$0.89 |
| EGI | $59.6k | $18.91 |
| − OpEx | −$17.9k | −$5.67 |
| NOI | $41.7k | $13.24 |
3,154 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$596.4K
$521.8K – $695.8K
NOI $41,747 @ 7.0% cap · market cap 7.59%
Second Best
Apartment 5plus
$552.7K
$483.6K – $644.8K
NOI $38,688 @ 7.0% cap · market cap 7.04%
Theoretical Best
Office A
$818.4K
$716.1K – $954.8K
NOI $57,287 @ 7.0% cap · market cap 10.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Newly built, vacant duplex in Cape Coral with two 3-bedroom, 2-bath units and separate utilities.
Where is this duplex located?
The property is located at 826/828 DIPLOMAT PKWY E 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: Brand‑new construction duplex (Year Built 2026) in Cape Coral; Vacant and move‑in ready, with both units ready for immediate occupancy or rental; Two separate units with 3 bedrooms and 2 bathrooms each
