2401-2403 Joe Avenue S Lehigh Acres, FL 33973
MULTI_FAMILY - Contemporary - Lehigh Acres, FL
Property Features for 2401-2403 Joe Avenue S
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 4, Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 5, Bedroom 3, Bedroom 6
- Pets allowed
- Yes
- Standard status
- Active
- APN
- 32-44-26-L4-03010.0010
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LEHIGH ESTATES UNIT 3 BLK.10 PB 15 PG 83 LOT 1
- Tax Annual Amount
- 4857
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air, Ceiling Fan(s)
- Water source
- Well
Building Details
- Year built
- 2024
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- MetalFrame, Stucco
- Roof type
- Metal, Flat, Rolled Hot Mop, Built-Up
- Architectural style
- Contemporary
Listing agent A.D. Diaz License #252012736 (239) 872-7936
Listing office Century 21 Sunbelt Realty 1326 SE 47th St, FL (239) 542-8611
Listing date Jan 9, 2026
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.
Key Highlights
- Brand‑new duplex (under construction) built in 2024 with contemporary architectural style
- Each side features 2 bedrooms plus a den, 2 bathrooms, and a 1‑car garage
- Includes 1,200 SF of living space per side
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 | $23.8k | $19.80 |
| − Vacancy | −$1.1k | −$0.89 |
| EGI | $22.7k | $18.91 |
| − OpEx | −$6.8k | −$5.67 |
| NOI | $15.9k | $13.24 |
