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2026 Duplex Income Property

104/106 Hightower Ave S Lehigh Acres, FL 33973

New
104/106 Hightower Ave S, Lehigh Acres, FL, 33973
$499,900
For Sale
Claim this Listing
$499,900

MULTI_FAMILY - Other - LEHIGH ACRES, FL

Property Size2,400 SF
Lot Size0.28 Acres
Price / SF$208.29
AddedJul 10
Days on Market6
Last RefreshJul 15 at 5:06 pm

Property Features for 104/106 Hightower Ave S

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
RM-2
Bedrooms
6
Bathrooms
4
Rooms
Bedroom 4, Bedroom 6, Bedroom 3, Bathroom 4, Bedroom 1, Bathroom 3, Bathroom 1, Bedroom 5, Bedroom 2, Bathroom 2
Pets allowed
Yes
Standard status
Active
APN
33-44-26-L1-08011.0160
Size
2,400 SF
Lot size
0.28 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
LEHIGH ESTATES UNIT 8 BLK 11 PB 15 PG 88 LOT 16
Tax Annual Amount
1264

Utilities

Sewer type
Septic Tank
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Well

Building Details

Year built
2026
Number of units
2
Flooring type
Tile
Building materials
Concrete Block, Stucco
Roof type
Shingle
Architectural style
Other

Listing agent Gio Valencia License #NAPLES-249525717

Listing office Premiere Plus Realty Company 9015 Strada Stell Ct. #104, Naples, FL

Listing date Jul 10, 2026

MLS# 226025443 Listing URL

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 for-sale duplex (new build for 2026) is configured as two separate units and designed for straightforward income use. The overall layout includes 6 bedrooms and 4 bathrooms across the property, with 24x24 ceramic tile flooring, recessed LED lighting, and spiral pendant fixtures. Kitchens include quartz countertops with a waterfall edge, coordinating backsplash and window sills, stainless steel appliances, and wood cabinetry with black hardware. Bathrooms feature quartz vanities, and the primary showers include rainfall shower heads with LED color options plus handheld sprayers. Additional interior details include custom closets, ventilated pantry shelving, dedicated laundry areas, and epoxy-style flooring.

Each unit has its own one-car garage. The exterior includes impact-rated doors and windows, sprinkler irrigation, rock landscaping, and full gutters and soffits. A 1-year systems and appliance warranty and a 10-year structural warranty are included.

The property is located in Lehigh Acres, Lee County, Florida at 104/106 Hightower Ave S (RM-2 zoning). The lot size is approximately 0.28 acres.

Key Highlights

  • Brand‑new 2026 duplex under construction with 6 bedrooms and 4 bathrooms total
  • Each unit includes a one‑car garage plus in‑unit laundry area
  • 24x24 ceramic tile flooring, recessed LED lighting, and spiral pendant fixtures

Local Financial Insights For Multifamily LT 5

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 $47.5k $19.80
− Vacancy −$2.1k −$0.89
EGI $45.4k $18.91
− OpEx −$13.6k −$5.67
NOI $31.8k $13.24
2,400 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$453.8K
$397.1K – $529.5K (±1% cap)
NOI $31,767 @ 7.0% cap · market cap 6.35%
Second Best
Apartment 5plus
$420.6K
$368.0K – $490.7K (±1% cap)
NOI $29,439 @ 7.0% cap · market cap 5.89%
Theoretical Best
Office A
$755.4K
$661.0K – $881.3K (±1% cap)
NOI $52,877 @ 7.0% cap · market cap 10.58%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Spa & Massage Center Pharmacy Building Supply Electrical Service HVAC Service Grocery & Convenience Store Bakery Plumbing Service Barber Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Newer duplex with two units, each featuring a one-car garage, 6 bedrooms, and 4 bathrooms total.
Where is this duplex located?
The property is located at 104/106 Hightower Ave S Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Brand‑new 2026 duplex under construction with 6 bedrooms and 4 bathrooms total; Each unit includes a one‑car garage plus in‑unit laundry area; 24x24 ceramic tile flooring, recessed LED lighting, and spiral pendant fixtures
Contact an agent
More about this property
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