Duplex with
For Sale
$514,000
913 913/915 Mohawk Pkwy, Cape Coral, FL 33914
Updated kitchens, individual garages, and a fenced lot add practical functionality for residents and ownership.
Property Size2,400 SF
Price / SF$214.17
Days on Market94
Property Features for 913 913/915 Mohawk Pkwy
General Information
Standard status
Active
Size
2,400 SF
Total Parking Spaces
4
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Amenities
pool
screened lanai
Building Details
Year Built
1982
Buildings
1
Listing Agency:
Xclusive Homes LLC
Listed By:
Norma Fernandez, PA
(239) 687-0177
Source:
Swfloridarealestate
Added: Jul 17
Changed: Oct 3
Last Checked: Oct 7 at 3:59PM
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 Xclusive Homes LLC
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Investment Insights
Based on property information with market context.
This duplex contains two residential units, each arranged with 2 bedrooms, 2 full bathrooms, an updated kitchen with stainless steel appliances, and a comfortable living area. The property also includes a pool, screened lanai, large fenced lot, and a two-car garage serving each unit. Built in 1982, the building has a roof installed in 2023 and A/C updated in 2020.
The property is located at 913/915 Mohawk Pkwy in Cape Coral, with access to Fort Myers. Its two-unit configuration, separate garage capacity, and outdoor improvements create a practical setup for residential income use or owner occupancy.
The property is located at 913/915 Mohawk Pkwy in Cape Coral, with access to Fort Myers. Its two-unit configuration, separate garage capacity, and outdoor improvements create a practical setup for residential income use or owner occupancy.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 2 full bathrooms per unit
- Two‑car garage for each unit
- Pool, screened lanai, and large fenced lot
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
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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 - Updated kitchens, individual garages, and a fenced lot add practical functionality for residents and ownership.
Where is this duplex located?
The property is located at 913 913/915 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: Two‑unit duplex with 2 bedrooms and 2 full bathrooms per unit; Two‑car garage for each unit; Pool, screened lanai, and large fenced lot
