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Remodeled Duplex with Fenced Yard

1117 Vineyard Street, Lehigh Acres, FL 33936

For Sale
New
$179,900

Residential, Lehigh Acres, FL

Property Size644 SF
Lot Size0.10 Acres
Price / SF$279.35
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, Dining Room, Bedroom 1, Bathroom 1
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 Electric (Heating), Central
Cooling system Electric, Ceiling Fan(s), Central Air
Water source Public

Amenities

stainless steel appliances
impact doors
video security system
high speed fiber optic internet
spacious back patio

Building Details

Year built 1965
Floors in Building 1
Flooring type Tile
Building materials Block, Concrete, Stucco
Roof type Shingle
Architectural style Other
Buildings 1
Listing Agency: Realty World-C Bagans 1st
Listed By: David Mulligan · License FL #258024407
Added: Nov 10 Last Checked: Nov 13 at 11:06PM
MLS# 2026047425

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.

Rey
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Investment Insights

Based on property information with market context.

This 644-square-foot duplex sits on a 0.101-acre lot in Lehigh Acres. Interior features include porcelain tile flooring, a split-bedroom layout, a walk-in closet with built-in organizers, and a kitchen with soft-close Shaker cabinetry and a glass-tile backsplash. The bathroom has a frameless glass shower and a custom LED mirror. A fenced yard and back patio extend the usable outdoor space.

Public water and sewer serve the property. Improvements include a 2022 shingle roof, impact doors, updated electrical and plumbing, and HVAC equipment and a water heater identified as 2026 installations. Stainless steel appliances, a video security system, and recessed lighting are also included.

Key Highlights

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

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$8,125
Cap Rate
4.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$162,500 $162.5K
Cap Rate 7%
$116,071 $116.1K
Cap Rate 9%
$90,278 $90.3K
Market Conditions
NOI Build-Up for 644 SF
Gross rent
$12.2K $18.96/SF
− Vacancy
−$603 −$0.94/SF
EGI
$11.6K $18.02/SF
− OpEx
−$3.5K −$5.41/SF
NOI
$8.1K $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%
$162,500
Cap Rate 7%
$116,071
Cap Rate 9%
$90,278

Alternative Uses

Best Use
Multifamily LT 5
$116.1K
$101.6K – $135.4K (±1% cap)
NOI $8,125 @ 7.0% cap · market cap 4.52%
Second Best
Apartment 5plus
$107.1K
$93.7K – $124.9K (±1% cap)
NOI $7,495 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$202.7K
$177.4K – $236.5K (±1% cap)
NOI $14,189 @ 7.0% cap · market cap 7.89%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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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

Average Price Trend$/SF for Duplexes in Lehigh Acres, FL

$202 Jul
$201 Aug
$197 Sep
$199 Oct

Properties on Market for Duplexes in Lehigh Acres

Jul
Aug
Sep
Oct

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 - Public water and sewer, impact doors, and a private patio add practical features to this updated Lehigh Acres property.
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 $179,900.
What are key features of this property?
This property features: 644‑square‑foot duplex on a 0.101‑acre lot; Fenced yard and back patio; Public water and public sewer
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