Duplex with Attached
For Sale
$775,000
13511 Siesta Pines Ct, Fort Myers, FL 33908
Residential Income, 2 Story, FORT MYERS, FL
Property Size3,938 SF
Lot Size0.33 Acres
Price / SF$196.80
Days on Market95
Property Features for 13511 Siesta Pines Ct
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RM-2
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bedroom 5, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 4
Pets allowed
Yes
Subdivision
SIESTA PINES
Lot features
Cul-De-Sac, Cul-De-Sac
Standard status
Active
APN
02-46-23-06-00000.0090
Size
3,938 SF
Lot size
0.33 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SIESTA PINES PB 34 PG 34 LOT 9
Tax Annual Amount
7534
Legal Description
SIESTA PINES PB 34 PG 34 LOT 9
Utilities
Heating system
Electric (Heating), Central
Cooling system
Ceiling Fan(s), Central Air, Electric
Building Details
Year built
1993
Floors in Building
2
Number of units
2
Flooring type
Tile, Vinyl
Building materials
Wood Frame, Vinyl Siding
Roof type
Shingle
Architectural style
Other
Listing Agency:
Premiere Plus Realty Company
(239) 732-7837
Listed By:
William McGreevy, Jr. · License #NAPLES-249514372
(239) 784-6141
Added: Aug 3
Changed: Oct 23
Last Checked: Nov 5 at 9:06PM
MLS# 226028362
Copyright © 2026 Naples Area Board of REALTORS. 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.
Built in 1993, this duplex contains 3,938 square feet across two residences on a 0.334-acre parcel. Each side has three bedrooms, two bathrooms, and a two-car garage. Updated kitchens and bathrooms are in place, with vinyl and tile flooring and central electric heating and cooling. The property is zoned RM-2.
The property is 3 miles from Sanibal Island and 5.5 miles from Fort Myers Beach. Both residences offer a similar bedroom, bath, and garage configuration.
The property is 3 miles from Sanibal Island and 5.5 miles from Fort Myers Beach. Both residences offer a similar bedroom, bath, and garage configuration.
Key Highlights
- Two units, each with 3 bedrooms, 2 baths, and a 2‑car garage
- 3,938 square feet on a 0.334‑acre parcel
- RM‑2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,125
Cap Rate
6.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,042,500
$1.0M
Cap Rate 7%
$744,643
$744.6K
Cap Rate 9%
$579,167
$579.2K
Market Conditions
NOI Build-Up for 3,938 SF
Gross rent
$78.0K $19.80/SF
− Vacancy
−$3.5K −$0.89/SF
EGI
$74.5K $18.91/SF
− OpEx
−$22.3K −$5.67/SF
NOI
$52.1K $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%
$1,042,500
Cap Rate 7%
$744,643
Cap Rate 9%
$579,167
Alternative Uses
Best Use
Multifamily LT 5
$744.6K
$651.6K – $868.8K
NOI $52,125 @ 7.0% cap · market cap 6.73%
Second Best
Apartment 5plus
$690.1K
$603.8K – $805.1K
NOI $48,304 @ 7.0% cap · market cap 6.23%
Theoretical Best
Office A
$1.24M
$1.08M – $1.45M
NOI $86,762 @ 7.0% cap · market cap 11.20%
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
269
Businesses Nearby
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Business Placement
Demographics for 33908, FL
43,110
Population
32,067
Households
1.3
Avg Household Size
63
Median Age
44%
College-Educated
96%
High-School Grad
34.2 sq mi
ZIP Area
1,261
Density / Sq Mi
$74,711
Median Household Income
$50,063
Median Earnings
$1,829
Median Rent
$346,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences each offer three bedrooms, two bathrooms, and a private two-car garage.
Where is this duplex located?
The property is located at 13511 Siesta Pines Ct Fort Myers, FL.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Two units, each with 3 bedrooms, 2 baths, and a 2‑car garage; 3,938 square feet on a 0.334‑acre parcel; RM‑2 zoning
