Two-Unit
17434 / 17436 E Carnegie Cir, Fort Myers, FL 33967
For Sale
$399,000
Residential Income, Duplex, FORT MYERS, FL
Property Size2,170 SF
Lot Size0.48 Acres
Price / SF$183.87
Days on Market54
Property Features for 17434 / 17436 E Carnegie Cir
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Pets allowed
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Building Details
Year built
Number of units
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
Cachon Realty Group. LLC
(239) 298-1991
Listed By:
Lisa Cachon · License FL #276513940
(239) 272-5329
Added: Sep 18
Changed: Oct 29
Last Checked: Nov 10 at 12:06AM
MLS# 226033101
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.
This duplex contains two units and was built in 1985. The property occupies 0.476 acres and has RM-2 zoning. Concrete block and stucco construction, tile flooring, central heating and air conditioning, and a metal roof are among its physical features.
The metal roof was installed in 2023, and the septic drain field was replaced in 2020. The air-conditioning system serving 17434 was replaced in 2020; the system serving 17436 dates to 2012. The property is in Fort Myers, Florida.
The metal roof was installed in 2023, and the septic drain field was replaced in 2020. The air-conditioning system serving 17434 was replaced in 2020; the system serving 17436 dates to 2012. The property is in Fort Myers, Florida.
Key Highlights
- Two‑unit duplex on 0.476 acres
- RM‑2 zoning
- Built in 1985 with concrete block and stucco construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,378
Cap Rate
6.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$547,560
$547.6K
Cap Rate 7%
$391,114
$391.1K
Cap Rate 9%
$304,200
$304.2K
Market Conditions
NOI Build-Up for 2,170 SF
Gross rent
$41.1K $18.96/SF
− Vacancy
−$2.0K −$0.94/SF
EGI
$39.1K $18.02/SF
− OpEx
−$11.7K −$5.41/SF
NOI
$27.4K $12.62/SF
Area
Lee County, FL
Vacancy
4.94%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$547,560
Cap Rate 7%
$391,114
Cap Rate 9%
$304,200
Alternative Uses
Best Use
Multifamily LT 5
$391.1K
$342.2K – $456.3K
NOI $27,378 @ 7.0% cap · market cap 6.86%
Second Best
Apartment 5plus
$360.8K
$315.7K – $420.9K
NOI $25,254 @ 7.0% cap · market cap 6.33%
Theoretical Best
Office A
$683.0K
$597.6K – $796.8K
NOI $47,809 @ 7.0% cap · market cap 11.98%
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
588
Businesses Nearby
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Business Placement
Demographics for 33967, FL
28,174
Population
11,685
Households
2.4
Avg Household Size
35
Median Age
36%
College-Educated
92%
High-School Grad
7.6 sq mi
ZIP Area
3,707
Density / Sq Mi
$84,787
Median Household Income
$48,792
Median Earnings
$1,695
Median Rent
$321,800
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Fort Myers, FL
Properties on Market for Duplexes in Fort Myers
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - RM-2 zoning and recent roof and septic improvements complement the established two-residence layout.
Where is this duplex located?
The property is located at 17434 / 17436 E Carnegie Cir Fort Myers, FL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Two‑unit duplex on 0.476 acres; RM‑2 zoning; Built in 1985 with concrete block and stucco construction
