Brand-New Duplex with Separate
For Sale
Contact for pricing
826/828 DIPLOMAT PKWY E, Cape Coral, FL 33909
Newly built, vacant duplex in Cape Coral with two 3-bedroom, 2-bath units and separate utilities.
Property Size3,154 SF
Price / SF$179.14
Days on Market231
Property Features for 826/828 DIPLOMAT PKWY E
General Information
Standard status
Active
Size
3,154 SF
Total Parking Spaces
6
Property subtype
Multifamily
Zoning
R3-D
Additional Details
Multifamily Units
2
Building Details
Year Built
2026
Units
2
Listing Agency:
Invest Ready Realty
Listed By:
Marisel Armenteros · License #3443478
(737) 781-2946
Source:
Crexi
Added: Mar 10
Changed: Oct 25
Last Checked: Oct 24 at 4:17PM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,747
Cap Rate
7.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$834,940
$834.9K
Cap Rate 7%
$596,386
$596.4K
Cap Rate 9%
$463,856
$463.9K
Market Conditions
NOI Build-Up for 3,154 SF
Gross rent
$62.4K $19.80/SF
− Vacancy
−$2.8K −$0.89/SF
EGI
$59.6K $18.91/SF
− OpEx
−$17.9K −$5.67/SF
NOI
$41.7K $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%
$834,940
Cap Rate 7%
$596,386
Cap Rate 9%
$463,856
Alternative Uses
Best Use
Multifamily LT 5
$596.4K
$521.8K – $695.8K
NOI $41,747 @ 7.0% cap · market cap 7.39%
Second Best
Apartment 5plus
$552.7K
$483.6K – $644.8K
NOI $38,688 @ 7.0% cap · market cap 6.85%
Theoretical Best
Office A
$818.4K
$716.1K – $954.8K
NOI $57,287 @ 7.0% cap · market cap 10.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
83
Businesses Nearby
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Business Placement
Demographics for 33909, FL
33,063
Population
14,051
Households
2.4
Avg Household Size
39
Median Age
25%
College-Educated
94%
High-School Grad
37.8 sq mi
ZIP Area
875
Density / Sq Mi
$79,096
Median Household Income
$39,912
Median Earnings
$1,773
Median Rent
$292,800
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
Frequently Asked Questions
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 $565,000.
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
