1111/1113 CIRCLE Drive Lehigh Acres, FL 33973
MULTI_FAMILY - Ranch - Lehigh Acres, FL
Property Features for 1111/1113 CIRCLE Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Property condition
- Under Construction
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 3, Bedroom 6, Bathroom 1, Bathroom 4, Bathroom 2
- Patio and Porch features
- Patio
- Pets allowed
- Yes
- Exterior features
- Patio
- Standard status
- Active
- APN
- 33-44-26-L4-08028.0180
- Size
- 1,640 SF
- Lot size
- 0.41 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LEHIGH ESTATES UNIT 8 BLK 28 PB 15 PG 88 LOT 18
- Tax Annual Amount
- 766
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Well
Building Details
- Year built
- 2025
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Block, Concrete
- Roof type
- Shingle
- Architectural style
- Ranch
Listing agent Katia Pazo License #258023860 (239) 289-4312
Listing office MGR Realty Services, Inc. 1140 Lee Blvd, Suite 110, Lehigh Acres, FL (239) 491-6201
Listing date Apr 23, 2025
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
- Duplex under construction (Year Built 2025) with CO issued 06/11/2025
- Two units, each with 3 bedrooms and 2 bathrooms
- Living area: 1,196 SF per side; total area: 1,640 SF 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 | $32.5k | $19.80 |
| − Vacancy | −$1.5k | −$0.89 |
| EGI | $31.0k | $18.91 |
| − OpEx | −$9.3k | −$5.67 |
| NOI | $21.7k | $13.24 |
