6-Bedroom
2401/2403 OWEN Ave S, Lehigh Acres, FL 33973
For Sale
New
$479,900
Residential Income, Duplex, LEHIGH ACRES, FL
Property Size2,396 SF
Lot Size0.28 Acres
Price / SF$200.29
Days on Market5
Property Features for 2401/2403 OWEN Ave S
General Information
Property type
Property subtype
Property condition
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Pets allowed
Subdivision
Lot features
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
Water source
Building Details
Year built
Number of units
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
Premiere Plus Realty Company
(239) 732-7837
Listed By:
Gio Valencia · License FL #249525717
(239) 285-9065
Added: Nov 5
Changed: Nov 9
Last Checked: Nov 9 at 7:06PM
MLS# 226040321
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 residences with a combined 6 bedrooms and 4 bathrooms across 2,396 square feet. Interior finishes include tile flooring, impact-resistant windows, designer cabinetry, and stainless steel appliances. The property also has an irrigation system, central heating and air conditioning, a well, and a septic tank. Concrete block and stucco form the exterior, beneath a shingle roof.
The property occupies 0.278 acres in Lehigh Acres, Florida. RM-2 zoning is identified for the site.
The property occupies 0.278 acres in Lehigh Acres, Florida. RM-2 zoning is identified for the site.
Key Highlights
- Two‑unit duplex with 6 bedrooms and 4 bathrooms
- 2,396 square feet of building area
- 0.278‑acre parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,229
Cap Rate
6.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$604,580
$604.6K
Cap Rate 7%
$431,843
$431.8K
Cap Rate 9%
$335,878
$335.9K
Market Conditions
NOI Build-Up for 2,396 SF
Gross rent
$45.4K $18.96/SF
− Vacancy
−$2.2K −$0.94/SF
EGI
$43.2K $18.02/SF
− OpEx
−$13.0K −$5.41/SF
NOI
$30.2K $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%
$604,580
Cap Rate 7%
$431,843
Cap Rate 9%
$335,878
Alternative Uses
Best Use
Multifamily LT 5
$431.8K
$377.9K – $503.8K
NOI $30,229 @ 7.0% cap · market cap 6.30%
Second Best
Apartment 5plus
$398.3K
$348.6K – $464.7K
NOI $27,884 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$754.1K
$659.9K – $879.8K
NOI $52,789 @ 7.0% cap · market cap 11.00%
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
151
Businesses Nearby
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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
$334,800
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Lehigh Acres, FL
Properties on Market for Duplexes in Lehigh Acres
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences provide a combined six bedrooms and four bathrooms, with RM-2 zoning.
Where is this duplex located?
The property is located at 2401/2403 OWEN Ave S Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: Two‑unit duplex with 6 bedrooms and 4 bathrooms; 2,396 square feet of building area; 0.278‑acre parcel
