New Construction Duplex with Large
For Sale
$459,900
873 Eisenhower Blvd, Lehigh Acres, FL 33974
Residential Income, Duplex, LEHIGH ACRES, FL
Property Size2,450 SF
Lot Size0.29 Acres
Price / SF$187.71
Days on Market30
Property Features for 873 Eisenhower Blvd
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RM-2
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 4, Bedroom 6, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 5
Pets allowed
Yes
Subdivision
LEHIGH ACRES
Lot features
Regular, Regular
Standard status
Active
APN
23-45-27-L3-15058.0090
Size
2,450 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LEHIGH ACSRES UNIT 15 BLK 58 PB 20 PG 35 LOTS 9 + 10
Tax Annual Amount
440
Legal Description
LEHIGH ACSRES UNIT 15 BLK 58 PB 20 PG 35 LOTS 9 + 10
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Well
Amenities
backyard
Building Details
Year built
2026
Number of units
2
Flooring type
Tile
Building materials
Concrete Block, Stucco
Roof type
Shingle
Architectural style
Other
Listing Agency:
Xclusive Homes LLC
(239) 228-6242
Listed By:
Jose Limpias · License #NAPLES-251500961
(239) 228-6242
Added: Aug 3
Changed: Aug 30
Last Checked: Sep 1 at 8:06AM
MLS# 226028264
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.
Completed in 2026, this duplex offers 2,450 square feet of residential space with a total of six bedrooms and four bathrooms. The interiors feature open-concept living areas, quartz countertops in the kitchens and bathrooms, white wood cabinetry, stainless steel appliances, and tile flooring. Impact-resistant windows, central electric heating, and central air conditioning add to the property's functional design. Concrete block and stucco construction, a shingle roof, well water, and septic service complete the physical improvements.
The property includes a 0.287-acre lot with a large backyard. It is located near hospitals, shopping centers, and pharmacies, with access to I-75 nearby. RM-2 zoning and the duplex configuration support its residential income property profile.
The property includes a 0.287-acre lot with a large backyard. It is located near hospitals, shopping centers, and pharmacies, with access to I-75 nearby. RM-2 zoning and the duplex configuration support its residential income property profile.
Key Highlights
- 2,450 square feet with six bedrooms and four bathrooms
- 2026 construction with concrete block and stucco exterior
- Open‑concept interiors with quartz countertops and white wood cabinetry
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$26,069
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.67%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$521,380
$521.4K
Cap Rate 7%
$372,414
$372.4K
Cap Rate 9%
$289,656
$289.7K
Market Conditions
NOI Build-Up for 2,450 SF
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.
Gross rent
$39.7K $16.20/SF
− Vacancy
−$2.4K −$1.00/SF
EGI
$37.2K $15.20/SF
− OpEx
−$11.2K −$4.56/SF
NOI
$26.1K $10.64/SF
Area
ZIP 33974
Vacancy
6.17%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$521,380
Cap Rate 7%
$372,414
Cap Rate 9%
$289,656
Alternative Uses
Best Use
Multifamily LT 5
$372.4K
$325.9K – $434.5K
NOI $26,069 @ 7.0% cap · market cap 5.67%
Second Best
Apartment 5plus
$324.0K
$283.5K – $378.0K
NOI $22,678 @ 7.0% cap · market cap 4.93%
Theoretical Best
Specialty Retail
$943.2K
$825.3K – $1.10M
NOI $66,022 @ 7.0% cap · market cap 14.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Explore this area
Business Placement
Demographics for 33974, FL
17,233
Population
5,771
Households
3
Avg Household Size
33
Median Age
16%
College-Educated
84%
High-School Grad
22.4 sq mi
ZIP Area
769
Density / Sq Mi
$65,809
Median Household Income
$33,982
Median Earnings
$1,698
Median Rent
$272,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Contemporary duplex with open-concept interiors, quartz finishes, stainless steel appliances, and impact-resistant windows.
Where is this duplex located?
The property is located at 873 Eisenhower Blvd Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $459,900.
What are key features of this property?
This property features: 2,450 square feet with six bedrooms and four bathrooms; 2026 construction with concrete block and stucco exterior; Open‑concept interiors with quartz countertops and white wood cabinetry
