Duplex With Attached
For Sale
$520,000
2404-2406 Hightower AVE S, Lehigh Acres, FL 33973
Each residence has a private entrance, an open living area, and a one-car garage.
Property Size2,400 SF
Price / SF$216.67
Days on Market180
Property Features for 2404-2406 Hightower AVE S
General Information
Standard status
Active
Size
2,400 SF
Total Parking Spaces
2
Property subtype
Duplex
Site & Location
Neighborhood
37feb17f-86df-4ec0-97d6-70e4e55782ee
Road Access
Yes
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Parking per Unit
1
Taxes and HOA fees
Annual Taxes
$739
Building Details
Building Size
2,400 SF
Year Built
2025
Buildings
1
Listing Agency:
Keller Williams Realty Naples
(248) 795-8544
Listed By:
Sonja Packwood
(239) 449-1000
Source:
Alfredrobbins
Added: May 5
Changed: Oct 30
Last Checked: Oct 31 at 4:18AM
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 Keller Williams Realty Naples
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Investment Insights
Based on property information with market context.
Built in 2025, this 2,400-square-foot duplex contains two residences, each with three bedrooms, two bathrooms, and an attached one-car garage. Separate entrances on different streets provide independent access to each unit. Interior features include 10-foot ceilings, 8-foot doors, quartz countertops, premium appliances, and open-concept living spaces. The garage floors have epoxy finishes.
The property is in Lehigh Acres, with access toward Fort Myers. The source identifies SR 82 and Daniels Parkway as nearby corridors and notes planned retail development at Gateway Marketplace, including Publix and Home Depot, with completion slated for 2027. Daniels Parkway widening is also noted as an ongoing road improvement.
The property is in Lehigh Acres, with access toward Fort Myers. The source identifies SR 82 and Daniels Parkway as nearby corridors and notes planned retail development at Gateway Marketplace, including Publix and Home Depot, with completion slated for 2027. Daniels Parkway widening is also noted as an ongoing road improvement.
Key Highlights
- Two‑unit duplex with 2,400 square feet; built in 2025
- Each residence has 3 bedrooms and 2 bathrooms
- One attached garage per unit, with epoxy flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,767
Cap Rate
6.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$635,340
$635.3K
Cap Rate 7%
$453,814
$453.8K
Cap Rate 9%
$352,967
$353.0K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$47.5K $19.80/SF
− Vacancy
−$2.1K −$0.89/SF
EGI
$45.4K $18.91/SF
− OpEx
−$13.6K −$5.67/SF
NOI
$31.8K $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%
$635,340
Cap Rate 7%
$453,814
Cap Rate 9%
$352,967
Alternative Uses
Best Use
Multifamily LT 5
$453.8K
$397.1K – $529.5K
NOI $31,767 @ 7.0% cap · market cap 6.11%
Second Best
Apartment 5plus
$420.6K
$368.0K – $490.7K
NOI $29,439 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$755.4K
$661.0K – $881.3K
NOI $52,877 @ 7.0% cap · market cap 10.17%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
85
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has a private entrance, an open living area, and a one-car garage.
Where is this duplex located?
The property is located at 2404-2406 Hightower AVE S Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,400 square feet; built in 2025; Each residence has 3 bedrooms and 2 bathrooms; One attached garage per unit, with epoxy flooring
