Newer Three-Bedroom
For Sale
$530,000
2325/2327 DANIEL AVENUE N, Lehigh Acres, FL 33971
Two matching residences offer updated finishes, private layouts, and central electric HVAC in a no-HOA setting.
Property Size2,492 SF
Price / SF$212.68
Days on Market9
Property Features for 2325/2327 DANIEL AVENUE N
General Information
Standard status
Active
Size
2,492 SF
Property subtype
Duplex
Building Details
Year Built
2022
Listing Agency:
DALTON WADE INC
(888) 668-8283
Listed By:
Linda Yang · License #3544589
Source:
Endlesssummerrealty
Added: Aug 21
Changed: Aug 28
Last Checked: Aug 29 at 10:02AM
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 DALTON WADE INC
Investment Insights
Based on property information with market context.
Built in 2022, this concrete block duplex contains two comparable residences, each arranged with three bedrooms and two bathrooms. The units are presented as move-in ready and include granite countertops, solid wood cabinetry, tile flooring throughout, and central electric HVAC. The rectangular parcel measures 0.29 acres and carries no HOA fees or restrictions.
The property is positioned in the Lehigh Park neighborhood near the Buckingham area. Harns Marsh Elementary and Middle Schools are less than 2 miles away, while Southwest Florida International Airport is under 20 miles from the duplex. Fort Myers is also within commuting distance, adding regional access for occupants.
The property is positioned in the Lehigh Park neighborhood near the Buckingham area. Harns Marsh Elementary and Middle Schools are less than 2 miles away, while Southwest Florida International Airport is under 20 miles from the duplex. Fort Myers is also within commuting distance, adding regional access for occupants.
Key Highlights
- 2022‑built concrete block duplex with two matching three‑bedroom, two‑bath units
- Each residence includes granite countertops, solid wood cabinets, and tile flooring throughout
- Central electric HVAC serves both units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$32,985
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$659,700
$659.7K
Cap Rate 7%
$471,214
$471.2K
Cap Rate 9%
$366,500
$366.5K
Market Conditions
NOI Build-Up for 2,492 SF
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.
Gross rent
$49.3K $19.80/SF
− Vacancy
−$2.2K −$0.89/SF
EGI
$47.1K $18.91/SF
− OpEx
−$14.1K −$5.67/SF
NOI
$33.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$659,700
Cap Rate 7%
$471,214
Cap Rate 9%
$366,500
Alternative Uses
Best Use
Multifamily LT 5
$471.2K
$412.3K – $549.8K
NOI $32,985 @ 7.0% cap · market cap 6.22%
Second Best
Apartment 5plus
$436.7K
$382.1K – $509.5K
NOI $30,567 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$784.3K
$686.3K – $915.1K
NOI $54,904 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
52
Businesses Nearby
Explore this area
Business Placement
Demographics for 33971, FL
26,333
Population
8,802
Households
3
Avg Household Size
33
Median Age
15%
College-Educated
85%
High-School Grad
17.0 sq mi
ZIP Area
1,549
Density / Sq Mi
$72,784
Median Household Income
$38,898
Median Earnings
$1,678
Median Rent
$271,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two matching residences offer updated finishes, private layouts, and central electric HVAC in a no-HOA setting.
Where is this duplex located?
The property is located at 2325/2327 DANIEL AVENUE N Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: 2022‑built concrete block duplex with two matching three‑bedroom, two‑bath units; Each residence includes granite countertops, solid wood cabinets, and tile flooring throughout; Central electric HVAC serves both units
