Duplex with Private
For Sale
$470,000
1136/1138 S Gilbert Avenue, Lehigh Acres, FL 33973
Both residences have three bedrooms, two bathrooms, a dedicated water filtration system, and a private one-car garage.
Property Size3,700 SF
Price / SF$167.86
Days on Market39
Property Features for 1136/1138 S Gilbert Avenue
General Information
Standard status
Active
Size
3,700 SF
Total Parking Spaces
6
Property subtype
Residential Income
Zoning
RM-2
Site & Location
Neighborhood
37feb17f-86df-4ec0-97d6-70e4e55782ee
Taxes and HOA fees
Annual Taxes
$4,737
Building Details
Building Size
3,700 SF
Year Built
2026
Stories
1
Listing Agency:
Royal Experience Realty Group
Listed By:
Daniela Garcia Toranzo
(786) 400-4995
Source:
Laerrealty
Added: Sep 24
Changed: Oct 25
Last Checked: Nov 1 at 2:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Royal Experience Realty Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Completed in 2026, this duplex contains 2,800 square feet across two residences. Each side has a three-bedroom, two-bathroom floor plan, a private one-car garage, and its own water filtration system. Hurricane impact glass is installed throughout, and the property includes recent landscaping on a 0.30-acre lot.
The property is zoned RM-2 and identified as outside a flood zone. Both residences are newly constructed and ready for occupancy.
The property is zoned RM-2 and identified as outside a flood zone. Both residences are newly constructed and ready for occupancy.
Key Highlights
- 2,800‑square‑foot duplex completed in 2026
- Two residences, each with 3 bedrooms and 2 bathrooms
- Private 1‑car garage and dedicated water filtration system for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,062
Cap Rate
7.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$741,240
$741.2K
Cap Rate 7%
$529,457
$529.5K
Cap Rate 9%
$411,800
$411.8K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$55.4K $19.80/SF
− Vacancy
−$2.5K −$0.89/SF
EGI
$52.9K $18.91/SF
− OpEx
−$15.9K −$5.67/SF
NOI
$37.1K $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%
$741,240
Cap Rate 7%
$529,457
Cap Rate 9%
$411,800
Alternative Uses
Best Use
Multifamily LT 5
$529.5K
$463.3K – $617.7K
NOI $37,062 @ 7.0% cap · market cap 7.89%
Second Best
Apartment 5plus
$490.6K
$429.3K – $572.4K
NOI $34,345 @ 7.0% cap · market cap 7.31%
Theoretical Best
Office A
$881.3K
$771.1K – $1.03M
NOI $61,690 @ 7.0% cap · market cap 13.13%
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
Open Analytics
Location Intelligence
Trade Area within ½ mile
83
Businesses Nearby
Explore this area
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
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
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have three bedrooms, two bathrooms, a dedicated water filtration system, and a private one-car garage.
Where is this duplex located?
The property is located at 1136/1138 S Gilbert Avenue Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: 2,800‑square‑foot duplex completed in 2026; Two residences, each with 3 bedrooms and 2 bathrooms; Private 1‑car garage and dedicated water filtration system for each unit
