Remodeled First-Floor Office
923 Del Prado Boulevard S Cape Coral, FL 33990
923 Del Prado Boulevard S, Cape Coral, FL, 33990
$224,000
Pending
For Sale
$224,000
Pending
SINGLE_FAMILY - Cape Coral, FL
Property Size864 SF
Lot Size0.16 Acres
Days on Market684
Property Features for 923 Del Prado Boulevard S
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Pending
- APN
- 20-44-24-C1-00300.1070
- Size
- 864 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- CORAL PROFESSIONAL COMPLEX OR 1620 PG 1151 UNIT 106
- Tax Annual Amount
- 1930
Building Details
- Year built
- 1982
- Floors in Building
- 1
Listing Agency
Phil Deems Real Estate
(239) 945-4545
2804 Del Prado Boulevard No. 202, Cape Coral, FL
Listed by
Phil Deems · License #252010067
(239) 945-4540
Added: Sep 1, 2024 Checked: Jul 16 at 9:06 pm
MLS# 224071047
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.
Investment Insights
Based on property information with market context.
This remodeled first-floor office condo features new paint and wood laminate flooring throughout. The floor plan includes an open lobby and reception area, one private office, one semi-private office, and a conference room. Additional interior space includes a large storage closet, as well as an open storage/file station area that is plumbed for a sink or kitchenette.
Located in Southeast Cape Coral along Del Prado Boulevard S, the unit has windows facing east along SE 16th Place. Access is described as easy from both Del Prado Boulevard S and SE 16th Place, with good signage. Parking and signage are noted as strong benefits for customer and staff convenience.
This layout supports a range of professional office uses that need both front-facing reception space and dedicated rooms for meetings and focused work. With its conference room, multiple office areas, and built-in storage plus plumbing for a sink or kitchenette, the condo is well suited for tenants seeking a move-in-ready, compartmentalized office environment.
Located in Southeast Cape Coral along Del Prado Boulevard S, the unit has windows facing east along SE 16th Place. Access is described as easy from both Del Prado Boulevard S and SE 16th Place, with good signage. Parking and signage are noted as strong benefits for customer and staff convenience.
This layout supports a range of professional office uses that need both front-facing reception space and dedicated rooms for meetings and focused work. With its conference room, multiple office areas, and built-in storage plus plumbing for a sink or kitchenette, the condo is well suited for tenants seeking a move-in-ready, compartmentalized office environment.
Key Highlights
- Remodeled office condo with new paint and wood laminate flooring.
- Located on Del Prado Blvd S in Southeast Cape Coral.
- Includes a conference room, private office, and semi‑private office.
Local Financial Insights For Office B
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 | $19.2k | $22.20 |
| − Vacancy | −$2.9k | −$3.33 |
| EGI | $16.3k | $18.87 |
| − OpEx | −$4.1k | −$4.72 |
| NOI | $12.2k | $14.15 |
864 SF · lease $22.20/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$174.7K
$152.9K – $203.8K
NOI $12,228 @ 7.0% cap · market cap 5.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$224.2K
$196.2K – $261.6K
NOI $15,693 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Access Endodontics
Dental Office
Gear Robert D ...
Dental Office
Apex Consulting Engineers ...
Structural Engineer
John A White Medical
Physician
Musca Law
Law Firm
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FAQs
What type of property is this?
Office units - First-floor office condo with multiple work areas, conference space, and parking, remodeled with new paint and laminate flooring.
Where is this office units located?
The property is located at 923 Del Prado Boulevard S Cape Coral, FL.
What is the asking price?
The asking price for this property is $224,000.
What are key features of this property?
This property features: Remodeled office condo with new paint and wood laminate flooring.; Located on Del Prado Blvd S in Southeast Cape Coral.; Includes a conference room, private office, and semi‑private office.
