New Duplex Investment
1400/1402 W 12th Street Lehigh Acres, FL 33972
For Sale
$475,000
MULTI_FAMILY - Other - Lehigh Acres, FL
Property Size1,618 SF
Lot Size0.24 Acres
Price / SF$293.57
Days on Market115
Property Features for 1400/1402 W 12th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 3
- Pets allowed
- Yes
- Standard status
- Active
- APN
- 18-44-27-L3-2000S.0180
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- TWELFTH STREET PARK BLK S PB 15 PG 25 LOT 18
- Tax Annual Amount
- 349
Utilities
- Sewer type
- Septic Tank
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Ceiling Fan(s), Electric
- Water source
- Well
- Water front features
- Canal Access
- Water front
- 1
Building Details
- Year built
- 2026
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Block, Concrete, Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency:
Hamilton Franklin Realty LLC
(239) 236-1239
Listed By:
Anabel Alvarez · License #258022179
(239) 223-5953
Added: Apr 1
Changed: Jul 18
Last Checked: Jul 24 at 1:06PM
MLS# 2026015497
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 brand-new duplex in Lehigh Acres, Florida, presents an investment opportunity with two modern units. Each unit features 3 bedrooms, 2 bathrooms, and 1,199 square feet of living space under air conditioning, totaling 1618 square feet under roof. The property is centrally located. The kitchens feature polished quartz countertops, combined white and grey cabinets, and stainless steel appliances. Impact-resistant windows and doors ensure safety. Porcelain tile flooring is installed throughout the home. The bathrooms feature tile work. Each unit includes a 1-car garage with in-unit laundry, including a washer and dryer. Situated on a 0.2376-acre lot, this duplex is suited for families seeking to generate extra income or investors aiming to capitalize on the rental market.
Key Highlights
- Under construction duplex, built in 2026, with canal access
- Each unit is 3 bedrooms and 2 bathrooms, with 1,199 sq. ft. under A/C
- Total of 1‑car garage per unit, with in‑unit laundry including washer and dryer
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 | $32.0k | $19.80 |
| − Vacancy | −$1.4k | −$0.89 |
| EGI | $30.6k | $18.91 |
| − OpEx | −$9.2k | −$5.67 |
| NOI | $21.4k | $13.24 |
1,618 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$305.9K
$267.7K – $356.9K
NOI $21,416 @ 7.0% cap · market cap 4.51%
Second Best
Apartment 5plus
$283.5K
$248.1K – $330.8K
NOI $19,847 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$509.3K
$445.6K – $594.1K
NOI $35,648 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Brand-new duplex with high-end finishes, ideal for investors.
Where is this duplex located?
The property is located at 1400/1402 W 12th Street Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Under construction duplex, built in 2026, with canal access; Each unit is 3 bedrooms and 2 bathrooms, with 1,199 sq. ft. under A/C; Total of 1‑car garage per unit, with in‑unit laundry including washer and dryer
