Duplex with Recent AC
For Sale
$130,430
10 Temple Ct, Lehigh Acres, FL 33936
Residential, Duplex, LEHIGH ACRES, FL
Property Size962 SF
Lot Size0.04 Acres
Price / SF$135.58
Days on Market149
Property Features for 10 Temple Ct
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Family Room, Laundry Room, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2
Parking features
Assigned, Driveway
Exterior features
Awning(s)
Appliances
Range, Refrigerator/Freezer
Subdivision
ORANGE GROVE PARK
Lot features
Regular, Regular
Standard status
Active
APN
05-45-27-20-0000F.0110
Size
962 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
ORANGE GROVE PK CONDO TRACT F OR 794 PG 576 UNIT 11
Tax Annual Amount
1706
HOA Fee
$840 Annually
Legal Description
ORANGE GROVE PK CONDO TRACT F OR 794 PG 576 UNIT 11
Utilities
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Amenities
laundry
Building Details
Year built
1972
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
Wood Frame, Stucco
Roof type
Shingle
Architectural style
Other
Listing Agency:
Saggio Realty, Inc
(239) 352-5353
Listed By:
Jonathan Ramos
(941) 229-0888
Added: Apr 12
Changed: Sep 7
Last Checked: Sep 7 at 4:06PM
MLS# 226016684
Copyright © 2026 Naples Area Board of REALTORS. 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 962-square-foot duplex property, built in 1972, offers a two-bedroom, two-bath layout with a family room, dining area, kitchen, living space, and laundry room. Tile flooring, wood-frame and stucco construction, a shingle roof, and an awning are among the existing features. The kitchen includes a range and refrigerator/freezer, while assigned parking and a driveway provide on-site parking options. Central electric heating and central air conditioning serve the home, with the air-conditioning unit recently installed.
The property is in Lehigh Acres, near a shopping center, gas stations, and additional nearby services. The 0.037-acre lot provides the setting for the residence, and the property is currently rented.
The property is in Lehigh Acres, near a shopping center, gas stations, and additional nearby services. The 0.037-acre lot provides the setting for the residence, and the property is currently rented.
Key Highlights
- Duplex property with 962 square feet of interior space
- Two bedrooms and two bathrooms with family, dining, living, and laundry areas
- Recently installed AC unit with central air conditioning
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
$11,800
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
9.05%
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%
$236,000
$236.0K
Cap Rate 7%
$168,571
$168.6K
Cap Rate 9%
$131,111
$131.1K
Market Conditions
NOI Build-Up for 962 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
$22.4K $23.28/SF
− Vacancy
−$941 −$0.98/SF
EGI
$21.5K $22.30/SF
− OpEx
−$9.7K −$10.04/SF
NOI
$11.8K $12.27/SF
Area
Lee County, FL
Vacancy
4.20%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
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%
$236,000
Cap Rate 7%
$168,571
Cap Rate 9%
$131,111
Alternative Uses
Best Use
Multifamily LT 5
$181.9K
$159.2K – $212.2K
NOI $12,733 @ 7.0% cap · market cap 9.76%
Second Best
Apartment 5plus
$168.6K
$147.5K – $196.7K
NOI $11,800 @ 7.0% cap · market cap 9.05%
Theoretical Best
Office A
$302.8K
$264.9K – $353.3K
NOI $21,195 @ 7.0% cap · market cap 16.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
114
Businesses Nearby
Explore this area
Business Placement
Demographics for 33936, FL
24,051
Population
10,820
Households
2.2
Avg Household Size
45
Median Age
14%
College-Educated
78%
High-School Grad
36.1 sq mi
ZIP Area
666
Density / Sq Mi
$48,260
Median Household Income
$27,363
Median Earnings
$1,260
Median Rent
$205,500
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 - Two-bedroom, two-bath layout includes a laundry room, tile flooring, and central air conditioning.
Where is this duplex located?
The property is located at 10 Temple Ct Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $130,430.
What are key features of this property?
This property features: Duplex property with 962 square feet of interior space; Two bedrooms and two bathrooms with family, dining, living, and laundry areas; Recently installed AC unit with central air conditioning
