Luxury Duplex with Quartz
1108/1110 CIRCLE Drive Lehigh Acres, FL 33973
1108/1110 CIRCLE Drive, Lehigh Acres, FL, 33973
$495,999
For Sale
$495,999
MULTI_FAMILY - Ranch - Lehigh Acres, FL
Property Size1,640 SF
Lot Size0.31 Acres
Price / SF$302.44
Days on Market553
Property Features for 1108/1110 CIRCLE Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Property condition
- Under Construction
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 6, Bathroom 4, Bedroom 5, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 3
- Pets allowed
- Yes
- Standard status
- Active
- APN
- 33-44-26-L4-08036.0030
- Size
- 1,640 SF
- Lot size
- 0.31 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LEHIGH ESTATES UNIT 8 BLK 36 PB 15 PG 88 LOT 3
- Tax Annual Amount
- 659
Utilities
- Sewer type
- Septic Tank
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
- Water source
- Well
Building Details
- Year built
- 2025
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Block, Concrete
- Roof type
- Shingle
- Architectural style
- Ranch
Listing Agency
MGR Realty Services, Inc.
(239) 491-6201
1140 Lee Blvd, Suite 110, Lehigh Acres, FL
Listed by
Katia Pazo · License #258023860
(239) 289-4312
Added: Jan 9, 2025 Checked: Jul 16 at 3:06 pm
MLS# 225003416
Listing URL
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. 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 newly constructed duplex at 1108/1110 Circle Drive offers two separate homes, each with a 2-bedroom layout plus a den and 2 bathrooms. Each side includes 1,196 square feet of living area and 1,640 square feet of total area, with porcelain tile flooring throughout. The kitchens feature stainless steel appliances, wood cabinetry, and quartz countertops, and the bathrooms also include quartz surfaces. Interior finishes and details include tray ceiling elements in select rooms, and the primary suite offers a walk-in master closet. Additional bath features noted include dual vanities and dual sinks in the master bath.
The property sits on a 0.31-acre lot. Public remarks indicate easy access to Fort Myers, and the duplex is stated as not located in a flood zone. Certificate of Occupancy has been issued, dated 04/09/2025.
This configuration can support a range of tenant and owner-operator needs by providing two independent living units within one parcel. With the combination of modern finishes and a recently issued CO, it may appeal to buyers looking for a ready-to-occupy residential income setup or an owner who wants to occupy one side while renting the other, subject to their underwriting and leasing goals.
The property sits on a 0.31-acre lot. Public remarks indicate easy access to Fort Myers, and the duplex is stated as not located in a flood zone. Certificate of Occupancy has been issued, dated 04/09/2025.
This configuration can support a range of tenant and owner-operator needs by providing two independent living units within one parcel. With the combination of modern finishes and a recently issued CO, it may appeal to buyers looking for a ready-to-occupy residential income setup or an owner who wants to occupy one side while renting the other, subject to their underwriting and leasing goals.
Key Highlights
- New duplex under construction with 2025 year built
- Each side offers 2 bedrooms plus a den and 2 bathrooms
- Per side: 1,196 SF living area and 1,640 SF total area
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 | $32.5k | $19.80 |
| − Vacancy | −$1.5k | −$0.89 |
| EGI | $31.0k | $18.91 |
| − OpEx | −$9.3k | −$5.67 |
| NOI | $21.7k | $13.24 |
1,640 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$310.1K
$271.4K – $361.8K
NOI $21,708 @ 7.0% cap · market cap 4.38%
Second Best
Apartment 5plus
$287.4K
$251.5K – $335.3K
NOI $20,117 @ 7.0% cap · market cap 4.06%
Theoretical Best
Office A
$516.2K
$451.7K – $602.2K
NOI $36,132 @ 7.0% cap · market cap 7.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Move-in-ready duplex with two-bedroom-plus-den layouts and quartz counters on each side.
Where is this duplex located?
The property is located at 1108/1110 CIRCLE Drive Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $495,999.
What are key features of this property?
This property features: New duplex under construction with 2025 year built; Each side offers 2 bedrooms plus a den and 2 bathrooms; Per side: 1,196 SF living area and 1,640 SF total area