Duplex with Central
For Sale
$130,430
10 Temple Ct, Lehigh Acres, FL 33936
SINGLE_FAMILY - Other - LEHIGH ACRES, FL
Property Size962 SF
Lot Size0.04 Acres
Price / SF$135.58
Days on Market149
Property Features for 10 Temple Ct
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Family Room, Bedroom 1, Bedroom 2, Bathroom 1, Laundry Room
Parking features
Assigned, Driveway
Exterior features
Awning(s)
Appliances
Range, Refrigerator/Freezer
Subdivision
ORANGE GROVE PARK
Lot features
Regular, Regular
Standard status
Active
APN
05-45-27-20-0000F.0110
Size
962 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
ORANGE GROVE PK CONDO TRACT F OR 794 PG 576 UNIT 11
Tax Annual Amount
1706
HOA Fee
$840 Annually
Legal Description
ORANGE GROVE PK CONDO TRACT F OR 794 PG 576 UNIT 11
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Amenities
laundry
Building Details
Year built
1972
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
Wood Frame, Stucco
Roof type
Shingle
Architectural style
Other
Listing Agency:
Saggio Realty, Inc
(239) 352-5353
Listed By:
Jonathan Ramos
(239) 333-9705
Added: Apr 12
Changed: Aug 13
Last Checked: Sep 7 at 10:06AM
MLS# 226016684
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 962-square-foot duplex was built in 1972 on a 0.037-acre lot at 10 Temple Ct in Lehigh Acres. The residence includes two bedrooms, two bathrooms, a kitchen, dining area, living space, family room, and laundry room. Interior features include tile flooring, while wood-frame and stucco construction is paired with a shingle roof and an awning. Central electric heating and cooling serve the property, with a brand-new AC unit recently installed.
The property is rented and includes driveway and assigned parking. Its Lehigh Acres location is described as being near a shopping center, gas stations, and additional services. Appliances include a range and refrigerator/freezer.
The property is rented and includes driveway and assigned parking. Its Lehigh Acres location is described as being near a shopping center, gas stations, and additional services. Appliances include a range and refrigerator/freezer.
Key Highlights
- 962 SF duplex on a 0.037‑acre lot
- Two bedrooms, two bathrooms, living, dining, family, kitchen, and laundry areas
- Brand‑new AC unit recently installed
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
$11,800
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
9.05%
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%
$236,000
$236.0K
Cap Rate 7%
$168,571
$168.6K
Cap Rate 9%
$131,111
$131.1K
Market Conditions
NOI Build-Up for 962 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
$22.4K $23.28/SF
− Vacancy
−$941 −$0.98/SF
EGI
$21.5K $22.30/SF
− OpEx
−$9.7K −$10.04/SF
NOI
$11.8K $12.27/SF
Area
Lee County, FL
Vacancy
4.20%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
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%
$236,000
Cap Rate 7%
$168,571
Cap Rate 9%
$131,111
Alternative Uses
Best Use
Multifamily LT 5
$181.9K
$159.2K – $212.2K
NOI $12,733 @ 7.0% cap · market cap 9.76%
Second Best
Apartment 5plus
$168.6K
$147.5K – $196.7K
NOI $11,800 @ 7.0% cap · market cap 9.05%
Theoretical Best
Office A
$302.8K
$264.9K – $353.3K
NOI $21,195 @ 7.0% cap · market cap 16.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
114
Businesses Nearby
Explore this area
Business Placement
Demographics for 33936, FL
24,051
Population
10,820
Households
2.2
Avg Household Size
45
Median Age
14%
College-Educated
78%
High-School Grad
36.1 sq mi
ZIP Area
666
Density / Sq Mi
$48,260
Median Household Income
$27,363
Median Earnings
$1,260
Median Rent
$205,500
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 - Central air, tile flooring, laundry, and a kitchen equipped with a range and refrigerator/freezer.
Where is this duplex located?
The property is located at 10 Temple Ct Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $130,430.
What are key features of this property?
This property features: 962 SF duplex on a 0.037‑acre lot; Two bedrooms, two bathrooms, living, dining, family, kitchen, and laundry areas; Brand‑new AC unit recently installed
