Duplex with Private
For Sale
$514,000
913/915 Mohawk Pkwy, Cape Coral, FL 33914
Residential Income, Duplex, CAPE CORAL, FL
Property Size2,400 SF
Lot Size0.47 Acres
Price / SF$214.17
Days on Market252
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Property Features for 913/915 Mohawk Pkwy
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RML
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bathroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 3
Spa
1
Pets allowed
Yes
Pool private
1
Subdivision
CAPE CORAL
Lot features
Regular, Regular
Standard status
Active
APN
03-45-23-C3-03298.0430
Size
2,400 SF
Lot size
0.47 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
CAPE CORAL UNIT 66 BLK 3298 PB 22 PG 5 LOTS 43 THRU 46
Tax Annual Amount
4693
Legal Description
CAPE CORAL UNIT 66 BLK 3298 PB 22 PG 5 LOTS 43 THRU 46
Utilities
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Amenities
pool
screened lanai
Building Details
Year built
1982
Number of units
2
Building materials
Concrete Block, Stucco
Roof type
Shingle
Architectural style
Other
Listing Agency:
Xclusive Homes LLC
(239) 228-6242
Listed By:
Norma Fernandez, PA
(239) 687-0177
Added: Feb 5
Changed: Oct 13
Last Checked: Oct 15 at 1:06PM
MLS# 226006028
Copyright © 2026 Naples Area Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex contains 2,400 square feet across two residential units, with each unit offering two bedrooms, two full bathrooms, an updated kitchen with stainless steel appliances, and a living area. The property includes two-car garages for each unit, a private pool, spa, screened lanai, and fenced grounds. Built in 1982, the structure uses concrete block and stucco construction with a shingle roof. The roof was updated in 2023, and the A/C systems date to 2020.
The 0.47-acre property is located at 913/915 Mohawk Pkwy in Cape Coral, Florida, with access to Fort Myers. It carries RML zoning and includes central electric heating and central air conditioning.
The 0.47-acre property is located at 913/915 Mohawk Pkwy in Cape Coral, Florida, with access to Fort Myers. It carries RML zoning and includes central electric heating and central air conditioning.
Key Highlights
- 2,400 square feet configured as a duplex
- Each unit includes 2 bedrooms and 2 full bathrooms
- Two‑car garage for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,767
Cap Rate
6.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$635,340
$635.3K
Cap Rate 7%
$453,814
$453.8K
Cap Rate 9%
$352,967
$353.0K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$47.5K $19.80/SF
− Vacancy
−$2.1K −$0.89/SF
EGI
$45.4K $18.91/SF
− OpEx
−$13.6K −$5.67/SF
NOI
$31.8K $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%
$635,340
Cap Rate 7%
$453,814
Cap Rate 9%
$352,967
Alternative Uses
Best Use
Multifamily LT 5
$453.8K
$397.1K – $529.5K
NOI $31,767 @ 7.0% cap · market cap 6.18%
Second Best
Apartment 5plus
$420.6K
$368.0K – $490.7K
NOI $29,439 @ 7.0% cap · market cap 5.73%
Theoretical Best
Office A
$622.7K
$544.9K – $726.5K
NOI $43,592 @ 7.0% cap · market cap 8.48%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
248
Businesses Nearby
Explore this area
Business Placement
Demographics for 33914, FL
42,222
Population
22,936
Households
1.8
Avg Household Size
52
Median Age
28%
College-Educated
95%
High-School Grad
22.4 sq mi
ZIP Area
1,885
Density / Sq Mi
$75,557
Median Household Income
$41,672
Median Earnings
$1,714
Median Rent
$408,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units occupy a fenced parcel with screened outdoor space and updated kitchens.
Where is this duplex located?
The property is located at 913/915 Mohawk Pkwy Cape Coral, FL.
What is the asking price?
The asking price for this property is $514,000.
What are key features of this property?
This property features: 2,400 square feet configured as a duplex; Each unit includes 2 bedrooms and 2 full bathrooms; Two‑car garage for each unit
