916 SE 14th Avenue, Cape Coral, FL 33990
SINGLE_FAMILY - Cape Coral, FL
- Added:
- Jun 17, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 19 at 6:06 pm
Property Features for 916 SE 14th Avenue
General Information
- Property type
- Residential
- Property subtype
- Retail
- Fencing
- Fenced
- Standard status
- Active
- APN
- 19-44-24-C2-00778.0230
- Lot size
- 0.52 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CAPE CORAL UNIT 22 BLK 778 PB 14 PG 16 LOT 21 THRU 23
- Tax Annual Amount
- 11025
Building Details
- Year built
- 1977
- Floors in Building
- 1
Listing agent Rachael Guertin License #258021902 (239) 600-0038
Listing office RE/MAX Nautical Realty 1337 Cape Coral Pkwy E, Cape Coral, FL (239) 542-3332
Listing date Jun 17, 2026
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.
HighLights
- Well‑known Leone's restaurant location in Cape Coral’s heavy industrial zoning district
- Under‑air size just under 5,000 SF
- On 0.52 acres with a fully fenced yard
- Fencing available on the property
- Built in 1977
Overview
Located in Cape Coral, the property is described as being in a heavy industrial zoning district. That industrial zoning context is a key part of the opportunity, particularly for buyers looking to align an existing site with industrial-area requirements.
From a tenant or buyer standpoint, the combination of an operating restaurant setup and enclosed outdoor space can be useful for hospitality concepts that rely on an exterior yard. For other buyers, the same structure and fenced grounds may support repositioning, including a return to industrial use, subject to applicable approvals. The listing also notes that properties within this district are increasingly difficult to acquire, framing the sale as a strategic option for those specifically targeting industrial-area locations in Cape Coral.
Local Financial Insights For Specialty Retail
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 | $108.0k | $21.60 |
| − Vacancy | −$2.2k | −$0.43 |
| EGI | $105.8k | $21.17 |
| − OpEx | −$26.5k | −$5.29 |
| NOI | $79.4k | $15.88 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cape Coral
- County
- Lee
- State
- Florida
- Longitude
- -81.944861
- Latitude
- 26.63516
