1400/1402 W 12th Street Lehigh Acres, FL 33972
MULTI_FAMILY - Other - Lehigh Acres, FL
Property Features for 1400/1402 W 12th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2
- Pets allowed
- Yes
- Standard status
- Active
- APN
- 18-44-27-L3-2000S.0180
- Size
- 1,199 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- TWELFTH STREET PARK BLK S PB 15 PG 25 LOT 18
- Tax Annual Amount
- 349
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric, Ceiling Fan(s)
- Water source
- Well
- Water front features
- Canal Access
- Water front
- 1
Building Details
- Year built
- 2026
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Block, Concrete, Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Anabel Alvarez License #258022179 (239) 223-5953
Listing office Hamilton Franklin Realty LLC 1136 NE Pine Island Rd Ste 49, Cape Coral, FL (239) 236-1239
Listing date Apr 1, 2026
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.
Key Highlights
- Brand‑new duplex: Ideal for investors or multi‑generational living.
- Two spacious units: Each with 3 bedrooms, 2 bathrooms, and 1,199 sq. ft. under A/C.
- High‑end finishes: Quartz countertops, modern cabinets, stainless steel appliances.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.7k | $19.80 |
| − Vacancy | −$1.1k | −$0.89 |
| EGI | $22.7k | $18.91 |
| − OpEx | −$6.8k | −$5.67 |
| NOI | $15.9k | $13.24 |
