1413/1415 SE 23rd Pl · Cape Coral, FL 33990

$425,000

6 bd · 4.0 ba · 2,322 sqft · MultiFamily · 182 Days on market

Built 1983 Good condition 0.26 ac lot $183/sqft · 13% below area Est $487k · 13% under

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +13.2/15.0
• Cash flow +10.6/30.0
• Schools +5.8/10.0
• Livability +3.9/5.0
• Condition / age +3.8/5.0
• 1% rule +3.1/10.0
• DSCR +3.1/10.0
• Rent growth +0.7/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (5+ Unit). Listing-text estimate: 2 units. estimate disagrees with records

5+ unit building — per-unit beds/baths from public records are typically unavailable; the breakdown below (if shown) is an estimate from the listing text.

Listing remarks

One or more photo(s) has been virtually staged, AI generated or rendered. Duplex located in the heart of Cape Coral. This property boasts 6 spacious bedrooms and 4 full bathrooms, providing ample space for comfort and relaxation. The duplex features a sleek tile floor, adding a touch of elegance to the overall aesthetic. The inclusion of a 2-car garage offers convenience and security for your vehicle or additional storage. Each unit/ apartment comes with all necessary appliances, reducing the hassle of moving and setting up. With its prime location this Cape Coral duplex is the perfect blend of style, comfort, and convenience. Plenty of open parking for both units.

Key facts

• Tile floor
• 2-car garage
• 0.26 acre lot

Tags

• TILE FLOOR
• 2-CAR GARAGE
• ONE YEAR HOME WARRANTY

What this means for you Summary

Snapshot

• This is a 2 × 3-bed/2.0-bath units multifamily listed at $425k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-633 ($-8k/yr) — negative. Per door: $-317/mo.
• To cash-flow at today's rent, offer at most $333k (21.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $346k (18.7% below list).
• Recommended offer: $333k (21.6% below list) — sets the bar for cash-flow.
• Cap rate 5.7% vs local median 3.1% in Cape Coral — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 77/100 on livability (#208 in FL, #3,098 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, amenities B+; Watch: commute F.
• Lee (suburban): math 47% / reading 50% proficiency, ranked #42 of 73 in FL (top 58%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Gulf Elementary School (math 70% / reading 65%, grade B+, #435 of 2,144 statewide, top 21%, 1,231 students, 38% FRL); Challenger Middle School (math 59% / reading 56%, grade B, #157 of 571 statewide, top 28%, 1,124 students, 50% FRL); Ida S. Baker High School (math 44% / reading 47%, grade D-, #223 of 667 statewide, top 34%, 1,933 students, 39% FRL) — zoned schools average 42% FRL vs 57% district-wide (15 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents falling (-7.1%/yr); 689 active listings in the ZIP; 15,411 units permitted in Lee County in 2024 (4,686 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $13k of value loss. Plan a longer hold.
• Lee County population projected at +44% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 182 days — a 12% lower offer ($374k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts; this cycle's ask has dropped $25k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→31/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $333,349 (21.6% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 182 days. Have you received any prior offers? Is the seller open to a 22% concession, seller financing, or rate buy-down credit?
3. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
4. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
5. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
9. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
10. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
11. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
12. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.81% ✗
• Cap rate: 5.71%
• Cash-on-cash: -2.09%
• DSCR: 0.91
• GRM: 10.2

CMA / ARV

• ARV (median comp): $487,131
• List price: $425,000
• Delta: -12.75%
• Verdict: UNDERPRICED
• Comps: 10 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1305 SE 8th Ave	2.05mi	6/4.0	2,278 (-2%)	0mo	$385,000	$169	61
823/825 Cultural Park Blvd S	2.16mi	6/4.0	2,418 (+4%)	1mo	$485,000	$201	58
1813 SE 8th Ave	2.12mi	4/3.0 (-2)	2,293 (-1%)	1mo	$635,000	$277	48
2106 SE 20th Ln	0.84mi	4/3.0 (-2)	2,377 (+2%)	1mo	$852,770	$359	46
1803 NE 2nd St	2.17mi	4/2.0 (-2)	2,377 (+2%)	0mo	$440,000	$185	43
2017 SE 17th Pl	1.11mi	4/2.0 (-2)	2,262 (-3%)	1mo	$650,000	$287	42
1912 Howe Ct	1.47mi	5/3.0 (-1)	2,031 (-12%)	1mo	$360,000	$177	34
2213 SE 19th Ave	1.22mi	4/3.0 (-2)	2,596 (+12%)	1mo	$850,000	$327	30
2506 SE 28th St	1.67mi	4/3.0 (-2)	2,654 (+14%)	2mo	$1,650,000	$622	26
2217 SE 19th Ave	1.24mi	4/3.0 (-2)	2,829 (+22%)	1mo	$865,000	$306	25
1817 NE Van Loon Ter	1.99mi	4/3.0 (-2)	1,727 (-26%)	1mo	$237,500	$138	25
2835 SE 18th Ave	2.11mi	4/2.0 (-2)	1,953 (-16%)	1mo	$675,000	$346	21

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -31.2%
• Equity multiple: -0.00×
• Total profit: $-119,023
• Equity at exit: $63,369

10-year hold

• IRR: -59.8%
• Equity multiple: -0.63×
• Total profit: $-193,452
• Equity at exit: $36,746

Cash invested: $119,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

Active competition Active MLS

• For sale now: 4 active
• Median asking: $464,000 ($191/sqft)
• Median days on market: 168 d
• This list price: lowest-priced of the active set
• ARV vs active asking: +9.9% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 33990

• Rents YoY: -7.1%
• Active inventory: 689
• Price-to-rent: 20.5×

Monthly cashflow live

• Estimated rent: $3,456 high
• Mortgage (P&I): −$2,229
• Tax est. 1.5%: −$531 /mo · $6,375/yr
• Insurance: −$177
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$726
• Net cashflow: $-633

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 2× units	3	2	$3,456
Total (2 units)			$3,456

Break-even live

Break-even rent $4,258

Max offer price $333,349

Occupancy floor —

Sensitivity live

Price	-10% $-340	-5% $-487	+0% $-633	+5% $-780	+10% $-927
Rent	-10% $-906	-5% $-770	+0% $-633	+5% $-497	+10% $-360
Rate	-1.0pp $-419	-0.5pp $-525	base $-633	+0.5pp $-744	+1.0pp $-856

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $106,250
• Closing costs: $12,750
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1407 SE 24th Ave Unit 2 Cape Coral, FL	2.0	2.0	1010	$1,450	$1.44	71d	1	0.07mi
1407 SE 24th Ave Unit 2 Cape Coral, FL	2.0	2.0	1010	$1,450	$1.44	65d	1	0.07mi
1428 SE 24th Ave Cape Coral, FL	3.0	2.0	2194	$1,550	$0.71	119d	1	0.09mi
1428 SE 24th Ave Unit 1 Cape Coral, FL	3.0	2.0	—	$1,550	—	111d	1	0.09mi
1312 SE 24th Ave Unit B Cape Coral, FL	2.0	2.0	1792	$1,500	$0.84	97d	1	0.09mi
1315 SE 24th Ave Cape Coral, FL	2.0	2.0	1127	$1,295	$1.15	119d	1	0.10mi
1315 SE 24th Ave Cape Coral, FL	2.0	2.0	1127	$1,295	$1.15	85d	1	0.10mi
1240 SE 24th Ave Cape Coral, FL	3.0	2.0	—	$1,600	—	7d	1	0.15mi
2210 SE 15th St Cape Coral, FL	3.0	2.0	1666	$1,820	$1.09	71d	1	0.19mi
2210 SE 15th St Cape Coral, FL	3.0	2.0	1666	$1,675	$1.01	62d	1	0.19mi
1227 SE 23rd Pl Cape Coral, FL	2.0	2.0	1010	$1,499	$1.48	119d	1	0.19mi
1225 SE 24th Ave Unit A Cape Coral, FL	3.0	2.0	1130	$1,750	$1.55	9d	1	0.21mi
1218 SE 24th Ave Cape Coral, FL	3.0	2.0	1200	$1,549	$1.29	7d	1	0.23mi
1214 SE 24th Ave Cape Coral, FL	3.0	2.0	1205	$1,500	$1.24	7d	1	0.25mi
1214 SE 24th Ave Unit 1214 Cape Coral, FL	3.0	2.0	1205	$1,550	$1.29	7d	1	0.25mi
1206 SE 23rd Pl Cape Coral, FL	3.0	2.0	1226	$2,700	$2.20	9d	1	0.26mi
1111 SE 23rd Pl Unit 3 Cape Coral, FL	2.0	2.0	992	$1,250	$1.26	117d	1	0.32mi
1104 SE 24th Ave #1104 Cape Coral, FL	3.0	2.0	—	$1,600	—	9d	1	0.35mi
1101 SE 24th Ave Cape Coral, FL	3.0	2.0	1360	$1,595	$1.17	119d	1	0.37mi
1031 SE 24th Ave Cape Coral, FL	3.0	2.0	1360	$1,595	$1.17	109d	1	0.37mi
1024 SE 24th Ave Cape Coral, FL	2.0	1.0	1300	$1,295	$1.00	119d	1	0.39mi
5828 Littlestone Ct North Fort Myers, FL	2.0	2.0	1221	$1,900	$1.56	119d	1	0.43mi
2063 Ottersrest Ln Cape Coral, FL	3.0	2.0	1414	$2,095	$1.48	119d	1	0.45mi
5827 Littlestone Ct North Fort Myers, FL	2.0	2.0	1372	$1,500	$1.09	119d	1	0.47mi
1113 SE 20th Ct Cape Coral, FL	3.0	2.0	1687	$6,000	$3.56	119d	1	0.48mi
940 SE 24th Ave Cape Coral, FL	2.0	1.0	—	$1,299	—	111d	1	0.50mi
5860 Littlestone Ct North Fort Myers, FL	2.0	2.0	1000	$1,375	$1.38	71d	1	0.51mi
2006 SE 13th St Cape Coral, FL	3.0	2.0	1389	$2,200	$1.58	119d	1	0.51mi
1110 SE 20th Ct Cape Coral, FL	4.0	2.0	2023	$1,900	$0.94	65d	1	0.51mi
938 SE 24th Ave Cape Coral, FL	3.0	4.0	1200	$1,375	$1.15	119d	1	0.51mi
1799 Four Mile Cove Pkwy Cape Coral, FL	2.0	2.0	1226	$1,800	$1.47	9d	1	0.51mi
933 SE 24th Ave Unit A Cape Coral, FL	3.0	1.5	1150	$1,600	$1.39	9d	1	0.53mi
1428 SE 20th Ave Cape Coral, FL	3.0	2.0	1435	$2,150	$1.50	65d	1	0.54mi
1428 SE 20th Ave Cape Coral, FL	3.0	2.0	1435	$1,980	$1.38	9d	1	0.54mi
3920 Orange Grove Blvd #3 North Fort Myers, FL	2.0	2.0	1007	$1,395	$1.39	65d	1	0.54mi
3920 Orange Grove Blvd #3 North Fort Myers, FL	2.0	2.0	1007	$1,400	$1.39	85d	1	0.54mi
929 SE 24th Ave Unit A Cape Coral, FL	2.0	1.0	792	$1,250	$1.58	111d	1	0.55mi
3914 Orange Grove Blvd #5 North Fort Myers, FL	2.0	2.0	1007	$1,475	$1.46	9d	1	0.57mi
1795 Four Mile Cove Pkwy #834 Cape Coral, FL	2.0	2.0	1226	$3,300	$2.69	119d	1	0.57mi
2371 Coral Point Dr Cape Coral, FL	3.0	3.5	2871	$5,599	$1.95	0d	1	0.57mi

Property features AI

Finance

• Other: Property is a two-unit building (duplex)Lot dimensions approximately 80 x 140 (regular lot)Lot area about 0.257 acresCity- and county-maintained paved public road accessPossession at closing
• HOA & community: No HOA amenitiesNon-gated community

Exterior

• Utilities: Water assessments paidSewer assessments paidCable available
• Home design: Residential income propertyDuplexOne-story/Ranch designBuilt in 1983Located in Cape Coral developmentZoning: RML
• Construction: Concrete block constructionBrick and stucco exterior finishShingle roofNo canal/dock (none)
• Exterior features: Fenced yardPatioRoom for a poolSingle-hung and sliding windows (see remarks)

Interior

• Flooring: Tile
• Bathrooms: 4 full bathrooms
• Heating & cooling: Central electric heatingCentral electric coolingCeiling fans
• Interior features: Tile flooring

Listing history 50 events

1. 2026-09-23
   days on market $425,000 Active 182 DOM
2. 2026-09-22
   days on market $425,000 Active 181 DOM
3. 2026-09-21
   days on market $425,000 Active 180 DOM
4. 2026-09-17
   days on market $425,000 Active 176 DOM
5. 2026-09-14
   days on market $425,000 Active 173 DOM
6. 2026-09-13
   days on market $425,000 Active 172 DOM
7. 2026-09-13
   days on market $425,000 Active 171 DOM
8. 2026-09-11
   days on market $425,000 Active 170 DOM
9. 2026-09-05
   days on market $425,000 Active 164 DOM
10. 2026-09-04
    days on market $425,000 Active 163 DOM
11. 2026-09-03
    days on market $425,000 Active 162 DOM
12. 2026-08-31
    days on market $425,000 Active 159 DOM
13. 2026-08-28
    days on market $425,000 Active 156 DOM
14. 2026-08-26
    days on market $425,000 Active 154 DOM
15. 2026-08-24
    days on market $425,000 Active 152 DOM
16. 2026-08-23
    days on market $425,000 Active 151 DOM
17. 2026-08-21
    days on market $425,000 Active 149 DOM
18. 2026-08-20
    days on market $425,000 Active 148 DOM
19. 2026-08-19
    days on market $425,000 Active 147 DOM
20. 2026-08-18
    days on market $425,000 Active 146 DOM
21. 2026-08-16
    days on market $425,000 Active 144 DOM
22. 2026-08-15
    days on market $425,000 Active 143 DOM
23. 2026-08-13
    days on market $425,000 Active 141 DOM
24. 2026-08-12
    days on market $425,000 Active 140 DOM
25. 2026-08-11
    days on market $425,000 Active 139 DOM
26. 2026-08-10
    days on market $425,000 Active 138 DOM
27. 2026-08-09
    days on market $425,000 Active 137 DOM
28. 2026-08-07
    days on market $425,000 Active 135 DOM
29. 2026-08-06
    days on market $425,000 Active 134 DOM
30. 2026-08-05
    days on market $425,000 Active 133 DOM
31. 2026-08-04
    days on market $425,000 Active 132 DOM
32. 2026-07-30
    days on market $425,000 Active 126 DOM
33. 2026-07-28
    days on market $425,000 Active 125 DOM
34. 2026-07-26
    days on market $425,000 Active 123 DOM
35. 2026-07-24
    days on market $425,000 Active 121 DOM
36. 2026-07-23
    days on market $425,000 Active 120 DOM
37. 2026-07-22
    days on market $425,000 Active 119 DOM
38. 2026-07-21
    days on market $425,000 Active 118 DOM
39. 2026-07-18
    days on market $425,000 Active 115 DOM
40. 2026-07-18
    days on market $425,000 Active 114 DOM
41. 2026-07-16
    days on market $425,000 Active 113 DOM
42. 2026-07-15
    days on market $425,000 Active 112 DOM
43. 2026-07-14
    days on market $425,000 Active 111 DOM
44. 2026-07-13
    days on market $425,000 Active 110 DOM
45. 2026-07-13
    days on market $425,000 Active 109 DOM
46. 2026-07-12
    days on market $425,000 Active 108 DOM
47. 2026-07-10
    days on market $425,000 Active 107 DOM
48. 2026-07-09
    days on market $425,000 Active 106 DOM
49. 2026-07-07
    days on market $425,000 Active 104 DOM
50. 2026-07-06
    days on market $425,000 Active 103 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 8/10 Severe FEMA zone AE · 97% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 31 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $41,472
• − Mortgage interest: −$23,807
• − Property taxes: −$6,375
• − Insurance: −$7,244
• − Repairs & maintenance: −$3,318
• − Management: −$3,318
• − Depreciation: −$12,364
• Taxable loss: −$14,952
• Est. tax savings @ 24.0%: +$3,589
• After-tax cash flow: $-4,012/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 13 photos

Good 75/100 Cosmetic rehab Est. rehab $11,610–$34,830 screening

This well-maintained, move-in-ready duplex in Cape Coral offers spacious living areas and ample amenities, making it an excellent investment opportunity.

Value-add opportunities

• Both Paint exterior — Enhances curb appeal and property value. ↑
• Both Landscaping — Improves curb appeal and enhances property value. ↑
• Both Replace ceiling fans — Modernize and improve air circulation in living spaces. ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

D Composite school gradezoned avg 58/100

Zoned Schools

Elementary Caloosa Elementary School B FL #601/2,144 Nat'l #6,111/41,679 Middle Caloosa Middle School D FL #310/571 Nat'l #4,622/14,009 High North Fort Myers High School B FL #73/667 Nat'l #2,694/17,239

Schools (NCES district)

• District: Lee
• NCES district ID: 1201080
• Math proficiency: 47% ▼ -11.00%
• Reading proficiency: 50% ▼ -4.00%
• Median HH income: $49,518
• Composite: 41.49/100
• National rank: #3458
• State rank: #42 of 73 in FL

B Composite livability gradescore 77/100

Livability — Cape Coral

• Score: 77/100
• State rank: #208
• US rank: #3098

Category grades

Amenities B+ Commute F Cost of living B Crime B- Employment C+ Housing A+ Health & safety A+ User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Cape Coral, FL
• County: Lee County · 871,946 people
• City population: 217,388
• Metro: Cape Coral-Fort Myers, FL
• Population (ZIP): 34,713
• Household income: $70,665
• Rent vs Own: 27.4% rent · 72.6% own
• Severe rent burden: 18% of renters

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Population outlook (Lee County) Hauer SSP2

• Today (2025): 871,946 people
• By 2030: 955,468 · +9.6%
• By 2040: 1,113,587 · +27.7%
• By 2050: 1,256,891 · +44.1%
• By 2075: 1,560,270 · +78.9%
• By 2100: 1,726,848 · +98.0%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (64%)
• Race & ethnicity: White 64% Hispanic / Latino 26% Two or more races 17% Asian 3% Black 3%
• Hispanic origin (detail): Mexican 4% Puerto Rican 5% Cuban 8% Dominican 2%
• Common ancestry: Romanian 3% Lithuanian 3% Italian 3%
• Foreign-born: 20% · Canada, Jamaica, China
• Languages at home: 74% English-only · Spanish 20% Other Indo-European 2% Russian/Polish/Slavic 1%

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Political lean MEDSL · Lee

• 2024 margin: Strong R (+28.4) · D 35.5% · R 63.9%
• 2008→2024 swing: -18.0pp toward R · 2008: -10.4pp · 2024: -28.4pp
• All cycles: 2024: R+28.4 2020: R+19.2 2016: R+20.4 2012: R+16.6 2008: R+10.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -196.42%
• Current HPI: 289.1969
• Rent YoY: ▼ -7.11%
• Metro: Cape Coral-Fort Myers, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

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Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Property features AI

Finance

• Other: Property is a two-unit building (duplex)Lot dimensions approximately 80 x 140 (regular lot)Lot area about 0.257 acresCity- and county-maintained paved public road accessPossession at closing
• HOA & community: No HOA amenitiesNon-gated community

Exterior

• Utilities: Water assessments paidSewer assessments paidCable available
• Home design: Residential income propertyDuplexOne-story/Ranch designBuilt in 1983Located in Cape Coral developmentZoning: RML
• Construction: Concrete block constructionBrick and stucco exterior finishShingle roofNo canal/dock (none)
• Exterior features: Fenced yardPatioRoom for a poolSingle-hung and sliding windows (see remarks)

Interior

• Flooring: Tile
• Bathrooms: 4 full bathrooms
• Heating & cooling: Central electric heatingCentral electric coolingCeiling fans
• Interior features: Tile flooring

Price history

+22268.4% since first listed

20 events — show timeline

• 2026-04-07 Price Changed $425,000 NAPLESMLS
• 2026-03-25 Listed $450,000 NAPLESMLS
• 2026-03-09 Listing Removed — NAPLESMLS
• 2026-02-23 Price Changed $349,900 NAPLESMLS
• 2026-02-11 Price Changed $359,900 NAPLESMLS
• 2026-01-14 Listed $379,900 NAPLESMLS
• 2025-09-01 Rental Removed $1,650 APPFOLIO
• 2025-08-30 Listed for Rent $1,650 APPFOLIO
• 2025-08-30 Rental Removed $1,650 FORTMLS
• 2025-08-09 Price Changed $1,650 FORTMLS
• 2025-08-09 Price Changed $1,700 FORTMLS
• 2025-08-07 Price Changed $1,650 FORTMLS
• 2025-07-16 Listed for Rent $1,700 FORTMLS
• 2025-07-16 Rental Removed $1,700 APPFOLIO
• 2025-07-03 Listed for Rent $1,700 APPFOLIO
• 2025-07-03 Rental Removed $1,700 FORTMLS
• 2025-07-03 Listed for Rent $1,700 FORTMLS
• 2025-05-14 Rental Removed $1,800 FORTMLS
• 2025-05-02 Price Changed $1,800 FORTMLS
• 2025-04-14 Listed for Rent $1,900 FORTMLS