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Remodeled Duplex with Fenced Yard
New
For Sale
$180,000

1117 Vineyard Street, Lehigh Acres, FL 33936

Residential, Lehigh Acres, FL

Property Size644 SF
Lot Size0.10 Acres
Price / SF$279.50
Days on Market4

Property Features for 1117 Vineyard Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description RM-2
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 2, Bathroom 1, Bedroom 1, Dining Room
Parking features Driveway
Security features Security
Patio and Porch features Patio
Pets allowed Yes
Interior features BuiltInFeatures, ClosetCabinetry, LivingDiningRoom, MultipleShowerHeads, CustomMirrors, Pantry, TubShower, CableTv, WalkInClosets, WindowTreatments, SplitBedrooms
Exterior features Fence, SecurityHighImpactDoors, Patio, RoomForPool
Fencing Fenced
Appliances Dryer, Freezer, Microwave, Range, Refrigerator, Washer
Subdivision LEHIGH ACRES
Lot features Rectangular Lot
Standard status Active
APN 31-44-27-L3-00004.0090
Size 644 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description HOMESTEAD PARK BLK 4 PB 13 PG 175 LOT 9
Tax Annual Amount 735
Legal Description HOMESTEAD PARK BLK 4 PB 13 PG 175 LOT 9

Utilities

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

Amenities

security system
high-speed fiber optic internet
back patio
recessed lighting
impact doors

Building Details

Year built 1965
Floors in Building 1
Flooring type Tile
Building materials Block, Concrete, Stucco
Roof type Shingle
Architectural style Other
Listing Agency: Realty World-C Bagans 1st
Listed By: David Mulligan · License #258024407
Added: Oct 10 Last Checked: Oct 13 at 5:06PM
MLS# 2026042597

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.

This 644-square-foot duplex property occupies a 0.101-acre lot in Lehigh Acres. Interior finishes include porcelain tile flooring, shaker cabinetry, a walk-in closet with built-in organizers, and a bathroom with a frameless glass shower and custom LED mirror. A split-bedroom layout and in-unit laundry add practical features. The yard is fenced, and a patio extends the usable outdoor area.

The property is connected to public water and sewer. Improvements include a 2022 dimensional shingle roof, a 2026 HVAC system and ductwork, and a 2026 water heater. New electrical and plumbing, impact doors, and a video security system are also noted.

Key Highlights

  • 644‑square‑foot duplex property on a 0.101‑acre lot
  • Fenced yard and patio
  • Public water and sewer

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$8,524
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$170,480 $170.5K
Cap Rate 7%
$121,771 $121.8K
Cap Rate 9%
$94,711 $94.7K
Market Conditions
NOI Build-Up for 644 SF
Gross rent
$12.8K $19.80/SF
− Vacancy
−$574 −$0.89/SF
EGI
$12.2K $18.91/SF
− OpEx
−$3.7K −$5.67/SF
NOI
$8.5K $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%
$170,480
Cap Rate 7%
$121,771
Cap Rate 9%
$94,711

Alternative Uses

Best Use
Multifamily LT 5
$121.8K
$106.6K – $142.1K (±1% cap)
NOI $8,524 @ 7.0% cap · market cap 4.74%
Second Best
Apartment 5plus
$112.8K
$98.7K – $131.7K (±1% cap)
NOI $7,899 @ 7.0% cap · market cap 4.39%
Theoretical Best
Office A
$202.7K
$177.4K – $236.5K (±1% cap)
NOI $14,189 @ 7.0% cap · market cap 7.88%
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 Electrical Service (Bike/Boat/Book/etc) Store Gym & Fitness Center Garden Center Acupuncture Veterinary Clinic

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

1
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

835
Businesses Nearby

Demographics for 33936, FL

24,051
Population
10,820
Households
2.2
Avg Household Size
45
Median Age
14%
College-Educated
78%
High-School Grad
36.1 sq mi
ZIP Area
666
Density / Sq Mi
$48,260
Median Household Income
$27,363
Median Earnings
$1,260
Median Rent
$205,500
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
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Frequently Asked Questions

What type of property is this?
Duplex - Public water and sewer serve this updated residence, which also features impact doors and a private patio.
Where is this duplex located?
The property is located at 1117 Vineyard Street Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: 644‑square‑foot duplex property on a 0.101‑acre lot; Fenced yard and patio; Public water and sewer
More about this property
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