2-Unit New Construction
For Sale
$529,900
Pending
2208-2210 WAYNE AVE S, Lehigh Acres, FL 33973
Both residences include private garages, in-unit laundry hookups, and contemporary interior finishes.
Property Size2,396 SF
Days on Market173
Property Features for 2208-2210 WAYNE AVE S
General Information
Standard status
Pending
Size
2,396 SF
Total Parking Spaces
2
Property subtype
Duplex
Site & Location
Neighborhood
8f9c5b1a-25dc-4701-Bf57-75ac3cebfaa3
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Parking per Unit
1
Taxes and HOA fees
Annual Taxes
$673
Amenities
in-unit laundry hookups
Building Details
Building Size
2,396 SF
Year Built
2026
Construction
concrete block
Listing Agency:
Panther Management
Listed By:
Mari Ruiz Vallejo · License #249528262
(239) 330-5071
Source:
Pelicanvistarealty
Added: May 13
Changed: Oct 31
Last Checked: Oct 30 at 2:39PM
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 Panther Management
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Investment Insights
Based on property information with market context.
Completed in 2026, this duplex contains two residences, each with 1,198 square feet, three bedrooms, two bathrooms, and an attached one-car garage. Laundry hookups are provided within each unit. The interiors combine LVP flooring in the main living areas with tile in the bathrooms and showers. Kitchens feature quartz counters and GE stainless steel appliances, while primary suites have glass shower enclosures. Ceiling height is 9 feet 4 inches, and the air handling units are located within conditioned space.
The building has a concrete block exterior, impact-rated windows, and water-resistant underlayment beneath the roof shingles. A one-year builder warranty is included. The units are described as ready for occupancy or leasing, with the layout allowing separate use of each residence.
The building has a concrete block exterior, impact-rated windows, and water-resistant underlayment beneath the roof shingles. A one-year builder warranty is included. The units are described as ready for occupancy or leasing, with the layout allowing separate use of each residence.
Key Highlights
- Built in 2026; two units of 1,198 square feet each
- Each residence has 3 bedrooms, 2 bathrooms, and an attached 1‑car garage
- 9'4" ceiling height in the units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,714
Cap Rate
5.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$634,280
$634.3K
Cap Rate 7%
$453,057
$453.1K
Cap Rate 9%
$352,378
$352.4K
Market Conditions
NOI Build-Up for 2,396 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%
$634,280
Cap Rate 7%
$453,057
Cap Rate 9%
$352,378
Alternative Uses
Best Use
Multifamily LT 5
$453.1K
$396.4K – $528.6K
NOI $31,714 @ 7.0% cap · market cap 5.98%
Second Best
Apartment 5plus
$419.9K
$367.4K – $489.8K
NOI $29,390 @ 7.0% cap · market cap 5.55%
Theoretical Best
Office A
$754.1K
$659.9K – $879.8K
NOI $52,789 @ 7.0% cap · market cap 9.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
74
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences include private garages, in-unit laundry hookups, and contemporary interior finishes.
Where is this duplex located?
The property is located at 2208-2210 WAYNE AVE S Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $529,900.
What are key features of this property?
This property features: Built in 2026; two units of 1,198 square feet each; Each residence has 3 bedrooms, 2 bathrooms, and an attached 1‑car garage; 9'4" ceiling height in the units
