Two-Unit Duplex with
1117/1119 Hightower Avenue S, Lehigh Acres, FL 33973
For Sale
$489,000
ResidentialIncome, Lehigh Acres, FL
Property Size2,392 SF
Lot Size0.29 Acres
Price / SF$204.43
Days on Market8
Property Features for 1117/1119 Hightower Avenue S
General Information
Property type
Property subtype
Property condition
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Patio and Porch features
Pets allowed
Exterior features
Subdivision
Lot features
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
marble-look tile flooring
high tray ceilings
ceiling fans
quartz countertops
stainless steel appliances
custom tile work
frameless glass walk-in showers
indoor laundry hookups
back patio
Building Details
Year built
Number of units
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
LoKation
(239) 676-6828
Listed By:
Richard Yang · License FL #258038881
(239) 246-8452
Added: Nov 3
Changed: Nov 10
Last Checked: Nov 10 at 3:06AM
MLS# 2026046051
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 2,392-square-foot duplex is under construction on a 0.2869-acre lot. The property includes six bedrooms and four bathrooms. Both units have tile floors, high tray ceilings, ceiling fans in every room, quartz kitchen counters, and stainless steel appliances. Primary-suite bathrooms feature custom tile finishes and frameless glass showers. Each residence also has an attached single-car garage, its own driveway, indoor laundry hookups, and a rear patio facing the yard.
The property offers access to Fort Myers and SR-82. Construction materials include block, concrete, and stucco; the home is scheduled as a 2026 build. Water is supplied by a well, and the property uses a septic tank.
The property offers access to Fort Myers and SR-82. Construction materials include block, concrete, and stucco; the home is scheduled as a 2026 build. Water is supplied by a well, and the property uses a septic tank.
Key Highlights
- 2,392‑square‑foot duplex on a 0.2869‑acre lot
- Six bedrooms and four bathrooms
- Each unit has an attached single‑car garage and individual driveway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,178
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$603,560
$603.6K
Cap Rate 7%
$431,114
$431.1K
Cap Rate 9%
$335,311
$335.3K
Market Conditions
NOI Build-Up for 2,392 SF
Gross rent
$45.4K $18.96/SF
− Vacancy
−$2.2K −$0.94/SF
EGI
$43.1K $18.02/SF
− OpEx
−$12.9K −$5.41/SF
NOI
$30.2K $12.62/SF
Area
Lee County, FL
Vacancy
4.94%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$603,560
Cap Rate 7%
$431,114
Cap Rate 9%
$335,311
Alternative Uses
Best Use
Multifamily LT 5
$431.1K
$377.2K – $503.0K
NOI $30,178 @ 7.0% cap · market cap 6.17%
Second Best
Apartment 5plus
$397.7K
$348.0K – $464.0K
NOI $27,837 @ 7.0% cap · market cap 5.69%
Theoretical Best
Office A
$752.9K
$658.8K – $878.4K
NOI $52,701 @ 7.0% cap · market cap 10.78%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
94
Businesses Nearby
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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
$334,800
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Lehigh Acres, FL
Properties on Market for Duplexes in Lehigh Acres
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Separate driveways, laundry hookups, and patios serve both residences.
Where is this duplex located?
The property is located at 1117/1119 Hightower Avenue S Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: 2,392‑square‑foot duplex on a 0.2869‑acre lot; Six bedrooms and four bathrooms; Each unit has an attached single‑car garage and individual driveway
