Duplex with Private
For Sale
$449,000
1116 Augusta Street E, Lehigh Acres, FL 33974
ResidentialIncome, Lehigh Acres, FL
Property Size3,280 SF
Lot Size0.26 Acres
Price / SF$136.89
Days on Market14
Property Features for 1116 Augusta Street E
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
RM-2
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bedroom 2, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 5, Bedroom 3, Bedroom 6, Bedroom 4, Bedroom 1
Patio and Porch features
Patio
Pets allowed
Yes
Exterior features
Patio
Subdivision
LEHIGH ACRES
Lot features
Rectangular Lot
Directions
Easy to locate using maps or GPS
Standard status
Active
APN
13-45-27-L1-01003.0030
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LEHIGH ACRES UT 1 REPLAT SEC 13 BLK 3 PB 35 PG 55 LOT 2
Tax Annual Amount
5793
Legal Description
LEHIGH ACRES UT 1 REPLAT SEC 13 BLK 3 PB 35 PG 55 LOT 2
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Well
Amenities
garage
indoor laundry
lanai
Building Details
Year built
2023
Number of units
2
Flooring type
Tile
Building materials
Block, Concrete, Stucco
Roof type
Shingle
Architectural style
Other
Buildings
1
Listing Agency:
Century 21 AllPoints Realty
(239) 415-5881
Listed By:
Robert Farabaugh · License #258025289
(419) 685-0446
Added: Oct 18
Changed: Oct 30
Last Checked: Oct 31 at 1:06PM
MLS# 2026043863
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.
Built in 2023, this block, concrete, and stucco duplex contains 3,280 square feet across two mirrored units. Each residence has three bedrooms and two bathrooms, tile flooring, an open living and dining area, custom cabinetry, granite countertops, and stainless steel appliances. Private one-car garages, indoor laundry, and rear lanais serve both sides.
The property occupies a 0.2575-acre lot in Lehigh Acres. It is served by well water and a septic system, with central heating and air conditioning.
The property occupies a 0.2575-acre lot in Lehigh Acres. It is served by well water and a septic system, with central heating and air conditioning.
Key Highlights
- Built in 2023 with 3,280 square feet
- Two mirrored units, each with 3 bedrooms and 2 bathrooms
- Private 1‑car garage, indoor laundry, and rear lanai for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,900
Cap Rate
7.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$698,000
$698.0K
Cap Rate 7%
$498,571
$498.6K
Cap Rate 9%
$387,778
$387.8K
Market Conditions
NOI Build-Up for 3,280 SF
Gross rent
$53.1K $16.20/SF
− Vacancy
−$3.3K −$1.00/SF
EGI
$49.9K $15.20/SF
− OpEx
−$15.0K −$4.56/SF
NOI
$34.9K $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 Rate 5%
$698,000
Cap Rate 7%
$498,571
Cap Rate 9%
$387,778
Alternative Uses
Best Use
Multifamily LT 5
$498.6K
$436.3K – $581.7K
NOI $34,900 @ 7.0% cap · market cap 7.77%
Second Best
Apartment 5plus
$433.7K
$379.5K – $506.0K
NOI $30,361 @ 7.0% cap · market cap 6.76%
Theoretical Best
Specialty Retail
$1.26M
$1.10M – $1.47M
NOI $88,389 @ 7.0% cap · market cap 19.69%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
16
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two mirrored residences offer three bedrooms, two bathrooms, and separate indoor laundry areas on each side.
Where is this duplex located?
The property is located at 1116 Augusta Street E Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Built in 2023 with 3,280 square feet; Two mirrored units, each with 3 bedrooms and 2 bathrooms; Private 1‑car garage, indoor laundry, and rear lanai for each unit
