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Duplex Property
For Sale
$484,990
Pending

1507 Hank Avenue, Lehigh Acres, FL 33973

Interior features include central air and electric systems.

Property Size2,395 SF
Days on Market73

Property Features for 1507 Hank Avenue

General Information

Standard status Pending
Size 2,395 SF
Property subtype Residential Income
Zoning RM-2

Taxes and HOA fees

Annual Taxes $805

Amenities

Central Air, Electric
Central, Electric

Building Details

Building Size 2,395 SF
Year Built 2026
Listing Agency: Starlink Realty
Listed By: Arturo Sanchez Caram · License #258034583
Source: Evrealestate
Added: Jul 27 Changed: Sep 30 Last Checked: Oct 7 at 12:23PM

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 Starlink Realty

Investment Insights

Based on property information with market context.

This duplex property is identified at 1507 Hank Avenue in Lehigh Acres, Florida. The interior features central air and electric systems, while no exterior features are specified. The property was built in 2026 and is located in Lee County.

Key Highlights

  • Duplex property at 1507 Hank Avenue, Lehigh Acres, FL 33973
  • Built in 2026
  • Central air and electric interior systems

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,701
Cap Rate
6.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$634,020 $634.0K
Cap Rate 7%
$452,871 $452.9K
Cap Rate 9%
$352,233 $352.2K
Market Conditions
NOI Build-Up for 2,395 SF
Gross rent
$47.4K $19.80/SF
− Vacancy
−$2.1K −$0.89/SF
EGI
$45.3K $18.91/SF
− OpEx
−$13.6K −$5.67/SF
NOI
$31.7K $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%
$634,020
Cap Rate 7%
$452,871
Cap Rate 9%
$352,233

Alternative Uses

Best Use
Multifamily LT 5
$452.9K
$396.3K – $528.4K (±1% cap)
NOI $31,701 @ 7.0% cap · market cap 6.54%
Second Best
Apartment 5plus
$419.7K
$367.2K – $489.6K (±1% cap)
NOI $29,378 @ 7.0% cap · market cap 6.06%
Theoretical Best
Office A
$753.8K
$659.6K – $879.5K (±1% cap)
NOI $52,767 @ 7.0% cap · market cap 10.88%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Restaurant Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

101
Businesses Nearby

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

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

What type of property is this?
Duplex - Interior features include central air and electric systems.
Where is this duplex located?
The property is located at 1507 Hank Avenue Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $484,990.
What are key features of this property?
This property features: Duplex property at 1507 Hank Avenue, Lehigh Acres, FL 33973; Built in 2026; Central air and electric interior systems
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