New Construction
For Sale
$480,000
Pending
109/111 Harry Ave S, Lehigh Acres, FL 33973
Two three-bedroom residences offer attached two-car garages, screened lanais, and contemporary interior finishes.
Property Size2,400 SF
Lot Size0.29 Acres
Days on Market60
Property Features for 109/111 Harry Ave S
General Information
Standard status
Pending
Size
2,400 SF
Lot size
0.29 Acres
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Parking per Unit
2
Building Details
Year Built
2025
Buildings
1
Listing Agency:
Debora Brito Sunshine 5 Star Realty Inc.
Listed By:
Debora Brito Martinez · License #258027723
(786) 288-6823
Source:
Napleshomesearches
Added: Aug 16
Changed: Oct 10
Last Checked: Oct 12 at 8:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Debora Brito Sunshine 5 Star Realty Inc.
Investment Insights
Based on property information with market context.
Completed in 2025, this duplex includes two separate residences, each with three bedrooms, two bathrooms, a two-car garage, and a screened lanai. The interiors use an open-concept layout with quartz countertops, stainless steel appliances, impact-resistant windows and doors, and contemporary finishes. The property sits on a 0.29-acre lot and has no HOA.
Located in Lehigh Acres, the duplex provides access to shopping, dining, schools, and major roads. Its two-unit configuration supports either owner occupancy with a second residence available for rent or use as a new-construction multifamily investment.
Located in Lehigh Acres, the duplex provides access to shopping, dining, schools, and major roads. Its two-unit configuration supports either owner occupancy with a second residence available for rent or use as a new-construction multifamily investment.
Key Highlights
- Two‑unit duplex completed in 2025
- Each unit includes 3 bedrooms and 2 bathrooms
- Each residence has a 2‑car garage and screened lanai
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,767
Cap Rate
6.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$635,340
$635.3K
Cap Rate 7%
$453,814
$453.8K
Cap Rate 9%
$352,967
$353.0K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$47.5K $19.80/SF
− Vacancy
−$2.1K −$0.89/SF
EGI
$45.4K $18.91/SF
− OpEx
−$13.6K −$5.67/SF
NOI
$31.8K $13.24/SF
Area
Lee County, FL
Vacancy
4.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$635,340
Cap Rate 7%
$453,814
Cap Rate 9%
$352,967
Alternative Uses
Best Use
Multifamily LT 5
$453.8K
$397.1K – $529.5K
NOI $31,767 @ 7.0% cap · market cap 6.62%
Second Best
Apartment 5plus
$420.6K
$368.0K – $490.7K
NOI $29,439 @ 7.0% cap · market cap 6.13%
Theoretical Best
Office A
$755.4K
$661.0K – $881.3K
NOI $52,877 @ 7.0% cap · market cap 11.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
201
Businesses Nearby
Explore this area
Business Placement
Demographics for 33973, FL
12,728
Population
4,286
Households
3
Avg Household Size
28
Median Age
11%
College-Educated
81%
High-School Grad
3.8 sq mi
ZIP Area
3,349
Density / Sq Mi
$57,216
Median Household Income
$34,676
Median Earnings
$1,432
Median Rent
$334,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences offer attached two-car garages, screened lanais, and contemporary interior finishes.
Where is this duplex located?
The property is located at 109/111 Harry Ave S Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Two‑unit duplex completed in 2025; Each unit includes 3 bedrooms and 2 bathrooms; Each residence has a 2‑car garage and screened lanai
