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New-Construction Duplex
New
For Sale
$478,000

2235 Wayne Avenue S, Lehigh Acres, FL 33973

Each residence offers three bedrooms and two bathrooms in an open-plan layout.

Property Size1,200 SF
Price / SF$398.33
Days on Market4

Property Features for 2235 Wayne Avenue S

General Information

Standard status Active
Size 1,200 SF
Property subtype Duplex

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Additional Details

Highway Access Yes
Sprinkler System Yes

Building Details

Year Built 2026
Listing Agency: Goldpen Realty Group
Listed By: Juniel Verdecia · License #3365751
Source: Lehmannflorida
Added: Oct 17 Changed: Oct 19 Last Checked: Oct 19 at 7:19AM

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 Goldpen Realty Group

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Investment Insights

Based on property information with market context.

Completed in 2026, this duplex contains two three-bedroom, two-bath residences. Both feature impact-rated windows and doors, tile floors, white cabinetry, Samsung appliances, and open layouts designed to bring in natural light. Water softeners and sprinkler systems serve each unit.

The property is near SR-82 and I-75, with access to Fort Myers, Cape Coral, shopping, dining, schools, and major employers.

Key Highlights

  • Two residences, each with 3 bedrooms and 2 bathrooms
  • 2026 construction
  • Impact windows and doors in both units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,884
Cap Rate
3.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$317,680 $317.7K
Cap Rate 7%
$226,914 $226.9K
Cap Rate 9%
$176,489 $176.5K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$23.8K $19.80/SF
− Vacancy
−$1.1K −$0.89/SF
EGI
$22.7K $18.91/SF
− OpEx
−$6.8K −$5.67/SF
NOI
$15.9K $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%
$317,680
Cap Rate 7%
$226,914
Cap Rate 9%
$176,489

Alternative Uses

Best Use
Multifamily LT 5
$226.9K
$198.6K – $264.7K (±1% cap)
NOI $15,884 @ 7.0% cap · market cap 3.32%
Second Best
Apartment 5plus
$210.3K
$184.0K – $245.3K (±1% cap)
NOI $14,719 @ 7.0% cap · market cap 3.08%
Theoretical Best
Office A
$377.7K
$330.5K – $440.6K (±1% cap)
NOI $26,438 @ 7.0% cap · market cap 5.53%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units
Yes
Sprinkler system
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

78
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence offers three bedrooms and two bathrooms in an open-plan layout.
Where is this duplex located?
The property is located at 2235 Wayne Avenue S Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $478,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 bathrooms; 2026 construction; Impact windows and doors in both units
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