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New Duplex with Garages
For Sale
$478,000

912-914 Ainsworth St W, Lehigh Acres, FL 33974

Two modern residential units feature open layouts, durable finishes, and private one-car garages.

Property Size2,694 SF
Price / SF$177.43
Days on Market595

Property Features for 912-914 Ainsworth St W

General Information

Standard status Active
Size 2,694 SF
Total Parking Spaces 2
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR+den/2BA
Multifamily Units 2

Building Details

Year Built 2025
Buildings 1
Listing Agency: eXp Realty LLC
Listed By: Lisset Franco, LLC · License #249515945
Source: Napleshomesearcher
Added: Jan 14, 2025 Changed: Aug 31 Last Checked: Aug 31 at 5:41PM

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 eXp Realty LLC

Investment Insights

Based on property information with market context.

Built in 2025, this duplex contains 2,694 square feet overall, with two separately configured units offering 1,347 square feet each. Every side includes two bedrooms plus a den, two bathrooms, a one-car garage, tile flooring, impact-resistant windows and doors, and an open-concept interior arrangement. Kitchens are equipped with stainless steel appliances, quartz countertops, and ample cabinetry, while the bathrooms include tiled showers.

The property is located at 912-914 Ainsworth St W in Lehigh Acres, Florida. Its two-unit configuration supports separate residential occupancy, with each side providing a comparable layout and finish package.

Key Highlights

  • Duplex completed in 2025 with 2,694 sqft. overall
  • Each unit offers 1,347 sqft., 2 bedrooms plus a den, and 2 bathrooms
  • One‑car garage included with each unit

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,665
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.00%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$573,300 $573.3K
Cap Rate 7%
$409,500 $409.5K
Cap Rate 9%
$318,500 $318.5K
Market Conditions
NOI Build-Up for 2,694 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$43.6K $16.20/SF
− Vacancy
−$2.7K −$1.00/SF
EGI
$41.0K $15.20/SF
− OpEx
−$12.3K −$4.56/SF
NOI
$28.7K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$573,300
Cap Rate 7%
$409,500
Cap Rate 9%
$318,500

Alternative Uses

Best Use
Multifamily LT 5
$409.5K
$358.3K – $477.8K (±1% cap)
NOI $28,665 @ 7.0% cap · market cap 6.00%
Second Best
Apartment 5plus
$356.2K
$311.7K – $415.6K (±1% cap)
NOI $24,937 @ 7.0% cap · market cap 5.22%
Theoretical Best
Specialty Retail
$1.04M
$907.5K – $1.21M (±1% cap)
NOI $72,598 @ 7.0% cap · market cap 15.19%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop Garden Center Auto Parts Store Spa & Massage Center Daycare Center Accounting Firm

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

27
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two modern residential units feature open layouts, durable finishes, and private one-car garages.
Where is this duplex located?
The property is located at 912-914 Ainsworth St W Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $478,000.
What are key features of this property?
This property features: Duplex completed in 2025 with 2,694 sqft. overall; Each unit offers 1,347 sqft., 2 bedrooms plus a den, and 2 bathrooms; One‑car garage included with each unit
More about this property
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