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Newly Built Duplex with Private Entrances

2404-2406 Hightower Ave S Lehigh Acres, FL 33973

2404-2406 Hightower Ave S, Lehigh Acres, FL, 33973
$520,000
For Sale
$520,000

MULTI_FAMILY - Other - LEHIGH ACRES, FL

Property Size2,400 SF
Lot Size0.28 Acres
Price / SF$216.67
Days on Market112

Property Features for 2404-2406 Hightower Ave S

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
RM-2
Bedrooms
6
Bathrooms
4
Rooms
Bedroom 5, Bedroom 4, Bathroom 4, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 3
Patio and Porch features
Patio
Pets allowed
Yes
Standard status
Active
APN
04-45-26-04-00004.0160
Size
2,400 SF
Lot size
0.28 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
LEHIGH ESTATES UNIT 4 BLK 4 PB 15 PG 84 LOT 16
Tax Annual Amount
739

Utilities

Sewer type
Septic Tank
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Well

Building Details

Year built
2025
Number of units
2
Flooring type
Tile
Building materials
Concrete Block, Stucco
Roof type
Shingle
Architectural style
Other
Listing Agency Keller Williams Realty Naples
7955 Airport Pulling Rd Ste104, Naples, FL
Listed by Sonja Packwood
Added: Mar 28 Checked: Jul 17 at 8:06 pm
MLS# 226014230 Listing URL

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.


Investment Insights

Based on property information with market context.

This newly constructed duplex is set up for separate living with private entrances on two different streets. Each side features 3 bedrooms and 2 bathrooms, along with an attached 1-car garage with an epoxy floor. Interiors are designed with 10-foot ceilings and 8-foot interior doors, and the living areas include an open-concept layout. Kitchens are finished with quartz countertops, and the home includes premium appliances. Built for durability and efficiency, the property is offered with seller incentives toward down payment or closing costs.

The duplex sits on a corner lot in Lehigh Acres, Lee County, Florida, and is positioned close to a desirable area of the community with quick access toward Fort Myers. The remarks cite nearby access to SR 82 and Daniels Parkway, and note the planned Gateway Marketplace anchored by Publix and Home Depot, slated for completion in 2027. The area is also described as having ongoing road improvements, including the widening of Daniels Parkway.

With RM-2 zoning and a configuration that supports tenant independence, the property may fit investors seeking a straightforward duplex layout with attached parking and separate entries for each residence. It also provides a family-friendly 3-bedroom, 2-bath plan on both sides, supported by finished interior features such as quartz countertops and open-concept living space. The seller’s listed incentives may help reduce buyer closing costs or required down payment, depending on terms.

Key Highlights

  • Duplex under construction, built in 2025, with durable concrete block and stucco construction
  • Each unit offers 3 bedrooms and 2 bathrooms with a private entrance, with units on separate streets
  • Two 1‑car attached garages per unit, each with epoxy floors

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $47.5k $19.80
− Vacancy −$2.1k −$0.89
EGI $45.4k $18.91
− OpEx −$13.6k −$5.67
NOI $31.8k $13.24
2,400 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$453.8K
$397.1K – $529.5K (±1% cap)
NOI $31,767 @ 7.0% cap · market cap 6.11%
Second Best
Apartment 5plus
$420.6K
$368.0K – $490.7K (±1% cap)
NOI $29,439 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$755.4K
$661.0K – $881.3K (±1% cap)
NOI $52,877 @ 7.0% cap · market cap 10.17%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Hair Salon Restaurant Pharmacy Nail Salon Furniture & Home Goods Garden Center (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - New duplex on a corner lot with two separate street-accessible entrances and attached 1-car garages for each unit.
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: Duplex under construction, built in 2025, with durable concrete block and stucco construction; Each unit offers 3 bedrooms and 2 bathrooms with a private entrance, with units on separate streets; Two 1‑car attached garages per unit, each with epoxy floors
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