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Duplex with Screened Lanais
For Sale
$480,000
Pending

109/111 Harry Avenue S, Lehigh Acres, FL 33973

ResidentialIncome, Lehigh Acres, FL

Property Size2,388 SF
Lot Size0.29 Acres
Days on Market61

Property Features for 109/111 Harry Avenue S

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Zoning description RM-2
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2
Patio and Porch features Patio
Pets allowed Yes
Exterior features IrrigationSprinklers, Patio
Subdivision LEHIGH ACRES
Lot features Rectangular Lot, Sprinklers Automatic
Directions USE GPS PLEASE. THANKS FOR SHOWING MY LISTING
Standard status Pending
APN 33-44-26-L2-07002.0200
Lot size 0.29 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LEHIGH ESTATES UNIT 7 BLK 2 PB 15 PG 87 LOT 20
Tax Annual Amount 805
Legal Description LEHIGH ESTATES UNIT 7 BLK 2 PB 15 PG 87 LOT 20

Utilities

Sewer type Septic Tank
Heating system Electric (Heating), Central
Cooling system Electric, Ceiling Fan(s), Central Air
Water source Well

Building Details

Year built 2025
Number of units 2
Flooring type Tile
Building materials Block, Concrete, Stucco, WoodFrame
Roof type Shingle
Architectural style Other
Listing Agency: Debora Brito Sunshine 5 Star Realty Inc.
Listed By: Debora Brito Martinez · License #258027723
Added: Aug 19 Changed: Oct 15 Last Checked: Oct 18 at 2:06PM
MLS# 2026035326

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.

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Investment Insights

Based on property information with market context.

This 2025 duplex contains two residences, each with three bedrooms, two bathrooms, a two-car garage, and a screened lanai. Together, the units provide approximately 2,388 square feet of A/C living area. Interior features include open-concept layouts, quartz countertops, stainless steel appliances, tile flooring, and impact-resistant windows and doors. The property occupies a 0.287-acre lot and has no HOA.

Located on Harry Avenue S in Lehigh Acres, the property is served by well water and a septic tank. Construction materials include block, concrete, stucco, and wood frame; the building has a shingle roof. Central air conditioning and electric heat are also listed.

Key Highlights

  • Two residences, each with 3 bedrooms and 2 bathrooms
  • Approximately 2,388 sq. ft. of total A/C living area
  • Each unit includes a 2‑car garage and screened lanai

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,608
Cap Rate
6.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$632,160 $632.2K
Cap Rate 7%
$451,543 $451.5K
Cap Rate 9%
$351,200 $351.2K
Market Conditions
NOI Build-Up for 2,388 SF
Gross rent
$47.3K $19.80/SF
− Vacancy
−$2.1K −$0.89/SF
EGI
$45.2K $18.91/SF
− OpEx
−$13.5K −$5.67/SF
NOI
$31.6K $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%
$632,160
Cap Rate 7%
$451,543
Cap Rate 9%
$351,200

Alternative Uses

Best Use
Multifamily LT 5
$451.5K
$395.1K – $526.8K (±1% cap)
NOI $31,608 @ 7.0% cap · market cap 6.59%
Second Best
Apartment 5plus
$418.5K
$366.2K – $488.2K (±1% cap)
NOI $29,292 @ 7.0% cap · market cap 6.10%
Theoretical Best
Office A
$751.6K
$657.7K – $876.9K (±1% cap)
NOI $52,612 @ 7.0% cap · market cap 10.96%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Spa & Massage Center Building Supply HVAC Service Grocery & Convenience Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

201
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence pairs an open-concept layout with quartz counters, stainless steel appliances, and a private two-car garage.
Where is this duplex located?
The property is located at 109/111 Harry Avenue 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 residences, each with 3 bedrooms and 2 bathrooms; Approximately 2,388 sq. ft. of total A/C living area; Each unit includes a 2‑car garage and screened lanai
More about this property
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