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Duplex with Separate Entrances

2406 Hightower Avenue S, Lehigh Acres, FL 33973

For Sale
New
$559,500

Each residence has two bedrooms, two bathrooms, and a den in this 2025-built property.

Property Size2,388 SF
Price / SF$234.30
Days on Market2

Property Features for 2406 Hightower Avenue S

General Information

Standard status Active
Size 2,388 SF
Property subtype Residential Income
Zoning RM-2

Site & Location

Neighborhood 37feb17f-86df-4ec0-97d6-70e4e55782ee

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $635

Amenities

Tile
true
4
Impact Glass
false
Corner Lot,Sprinklers Automatic
Well
0.28
100 x 124 x 100 x 124
Plans
Paved
Sprinkler/Irrigation,Patio
2388

Building Details

Building Size 2,388 SF
Year Built 2025
Buildings 1
Listing Agency:
Listed By: Pamela Weekly
Source: Teamweekly
Added: Nov 10 Last Checked: Nov 10 at 2:25PM

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 Pamela Weekly

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 2025, this 2,388-square-foot duplex contains two residences, each with two bedrooms, two bathrooms, and a den. Separate entrances face different streets on the corner lot. Interior features include tile, impact glass, 10-foot ceilings, 8-foot doors, quartz countertops, and open living areas. The property also includes a patio and automatic sprinklers.

The 0.28-acre parcel is at 2406 Hightower Avenue S in Lehigh Acres. It is zoned RM-2 and has a well and paved access.

Key Highlights

  • Two residences, each with 2 bedrooms, 2 bathrooms, and a den
  • 2,388‑square‑foot duplex built in 2025
  • 0.28‑acre corner lot with separate entrances facing different streets

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,128
Cap Rate
5.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$602,560 $602.6K
Cap Rate 7%
$430,400 $430.4K
Cap Rate 9%
$334,756 $334.8K
Market Conditions
NOI Build-Up for 2,388 SF
Gross rent
$45.3K $18.96/SF
− Vacancy
−$2.2K −$0.94/SF
EGI
$43.0K $18.02/SF
− OpEx
−$12.9K −$5.41/SF
NOI
$30.1K $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%
$602,560
Cap Rate 7%
$430,400
Cap Rate 9%
$334,756

Alternative Uses

Best Use
Multifamily LT 5
$430.4K
$376.6K – $502.1K (±1% cap)
NOI $30,128 @ 7.0% cap · market cap 5.38%
Second Best
Apartment 5plus
$397.0K
$347.4K – $463.2K (±1% cap)
NOI $27,791 @ 7.0% cap · market cap 4.97%
Theoretical Best
Office A
$751.6K
$657.7K – $876.9K (±1% cap)
NOI $52,612 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

85
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

Average Price Trend$/SF for Duplexes in Lehigh Acres, FL

$202 Jul
$201 Aug
$197 Sep
$199 Oct

Properties on Market for Duplexes in Lehigh Acres

Jul
Aug
Sep
Oct

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 has two bedrooms, two bathrooms, and a den in this 2025-built property.
Where is this duplex located?
The property is located at 2406 Hightower Avenue S Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $559,500.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms, 2 bathrooms, and a den; 2,388‑square‑foot duplex built in 2025; 0.28‑acre corner lot with separate entrances facing different streets
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Includes: Price & PSF · Cap rate · Location · Zoning

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