Updated Two-Unit
For Sale
$565,000
A-4212 Se 19th Pl, Cape Coral, FL 33991
Mirror-image residences feature tiled interiors, granite counters, and stainless steel kitchen appliances.
Property Size2,588 SF
Price / SF$218.32
Days on Market63
Property Features for A-4212 Se 19th Pl
General Information
Standard status
Active
Size
2,588 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,666
Listing Agency:
Home Hunters USA, Inc
(239) 671-3511
Listed By:
Katherine McCaw · License #251536436
(239) 671-3511
Source:
Exprealty
Added: Jun 30
Changed: Aug 30
Last Checked: Aug 30 at 1:33PM
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 Home Hunters USA, Inc
Investment Insights
Based on property information with market context.
This duplex contains 2,588 SF with two matching residences, each offering three bedrooms and two bathrooms. Interior features include tile flooring throughout, granite kitchen countertops, and stainless steel appliances. The roof was replaced in 2023, while both bathrooms were renovated in 2025. A six-foot privacy fence separates the units.
The property is located at A-4212 SE 19th Pl in Cape Coral, just off Beach Parkway and within convenient reach of the South Cape Coral Bridge. Jaycee Park, a newly completed 11.8-acre park with a fitness station, gazebo, playground, grills, and additional amenities, is one block away.
The property is located at A-4212 SE 19th Pl in Cape Coral, just off Beach Parkway and within convenient reach of the South Cape Coral Bridge. Jaycee Park, a newly completed 11.8-acre park with a fitness station, gazebo, playground, grills, and additional amenities, is one block away.
Key Highlights
- 2,588 SF duplex with two matching 3‑bedroom, 2‑bath residences
- New roof installed in 2023
- Both bathrooms renovated in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$34,256
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$685,120
$685.1K
Cap Rate 7%
$489,371
$489.4K
Cap Rate 9%
$380,622
$380.6K
Market Conditions
NOI Build-Up for 2,588 SF
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.
Gross rent
$51.2K $19.80/SF
− Vacancy
−$2.3K −$0.89/SF
EGI
$48.9K $18.91/SF
− OpEx
−$14.7K −$5.67/SF
NOI
$34.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$685,120
Cap Rate 7%
$489,371
Cap Rate 9%
$380,622
Alternative Uses
Best Use
Multifamily LT 5
$489.4K
$428.2K – $570.9K
NOI $34,256 @ 7.0% cap · market cap 6.06%
Second Best
Apartment 5plus
$453.5K
$396.8K – $529.1K
NOI $31,745 @ 7.0% cap · market cap 5.62%
Theoretical Best
Office A
$671.5K
$587.6K – $783.4K
NOI $47,006 @ 7.0% cap · market cap 8.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
64
Businesses Nearby
Explore this area
Business Placement
Demographics for 33991, FL
26,381
Population
11,563
Households
2.3
Avg Household Size
45
Median Age
25%
College-Educated
94%
High-School Grad
12.8 sq mi
ZIP Area
2,061
Density / Sq Mi
$82,927
Median Household Income
$41,773
Median Earnings
$1,914
Median Rent
$351,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Mirror-image residences feature tiled interiors, granite counters, and stainless steel kitchen appliances.
Where is this duplex located?
The property is located at A-4212 Se 19th Pl 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: 2,588 SF duplex with two matching 3‑bedroom, 2‑bath residences; New roof installed in 2023; Both bathrooms renovated in 2025
