Corner Lot Duplex With Impact
For Sale
$525,000
Pending
1100 Homer Ave S, Lehigh Acres, FL 33973
MULTI_FAMILY - Other - LEHIGH ACRES, FL
Property Size2,400 SF
Lot Size0.28 Acres
Days on Market538
Property Features for 1100 Homer Ave S
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
RM-2
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bedroom 6, Bedroom 2, Bathroom 4, Bedroom 5, Bathroom 3, Bedroom 4, Bathroom 1, Bedroom 3, Bathroom 2
Pets allowed
Yes
Subdivision
LEHIGH ACRES
Lot features
Corner Lot, Corner Lot
Standard status
Pending
APN
33-44-26-L4-08038.0220
Size
2,400 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LEHIGH ESTATES UNIT 8 BLK.38 PB 15 PG 88 LOT 22
Tax Annual Amount
630
Legal Description
LEHIGH ESTATES UNIT 8 BLK.38 PB 15 PG 88 LOT 22
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Well
Building Details
Year built
2025
Number of units
2
Flooring type
Tile
Building materials
Concrete Block, Stucco
Roof type
Shingle
Architectural style
Other
Listing Agency:
Mato Realty, LLC
(239) 259-6286
Listed By:
Nathalia Mato · License #NAPLES-249523804
(239) 285-7784
Added: Feb 7, 2025
Changed: Jul 29
Last Checked: Jul 30 at 7:06PM
MLS# 225016462
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 is set on a corner lot and offers multiple facing entrances, providing separation between the two sides. Each unit features three bedrooms and two bathrooms, along with a 1-car garage. The interior is described as upgraded, with open-concept living spaces designed to bring in natural light. Impact windows and impact doors are installed throughout, supporting a more secure build.
The property is located at 1100 Homer Ave S in Lehigh Acres, Lee County, Florida, and is identified under zoning RM-2. Public remarks note the duplex is centrally located and just minutes from local shops, schools, restaurants, and other everyday needs.
The layout supports a range of residential income or lifestyle uses, whether you plan to occupy one side and rent the other or operate both units as rentals. With three-bedroom configurations on each side, the property may appeal to tenants seeking additional space while maintaining practical, garage-supported convenience. The corner-lot arrangement and multiple entrances are features that can help maintain privacy and day-to-day usability for both units.
The property is located at 1100 Homer Ave S in Lehigh Acres, Lee County, Florida, and is identified under zoning RM-2. Public remarks note the duplex is centrally located and just minutes from local shops, schools, restaurants, and other everyday needs.
The layout supports a range of residential income or lifestyle uses, whether you plan to occupy one side and rent the other or operate both units as rentals. With three-bedroom configurations on each side, the property may appeal to tenants seeking additional space while maintaining practical, garage-supported convenience. The corner-lot arrangement and multiple entrances are features that can help maintain privacy and day-to-day usability for both units.
Key Highlights
- Duplex under construction with Year Built 2025—ready to move in per remarks
- Concrete block and stucco exterior; shingle roof; tile flooring throughout
- Each side offers 3 bedrooms and 2 bathrooms with a 1‑car garage
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
NOI $31,767 @ 7.0% cap · market cap 6.05%
Second Best
Apartment 5plus
$420.6K
$368.0K – $490.7K
NOI $29,439 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$755.4K
$661.0K – $881.3K
NOI $52,877 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
98
Businesses Nearby
Explore this area
Business Placement
Demographics for 33973, FL
12,728
Population
4,286
Households
3
Avg Household Size
28
Median Age
11%
College-Educated
81%
High-School Grad
3.8 sq mi
ZIP Area
3,349
Density / Sq Mi
$57,216
Median Household Income
$34,676
Median Earnings
$1,432
Median Rent
$334,800
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 - Owner-occupy or rent a two-unit duplex with separate entrances, three bedrooms per side, and a 1-car garage each unit.
Where is this duplex located?
The property is located at 1100 Homer Ave S Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Duplex under construction with Year Built 2025—ready to move in per remarks; Concrete block and stucco exterior; shingle roof; tile flooring throughout; Each side offers 3 bedrooms and 2 bathrooms with a 1‑car garage
