Two-Unit Duplex with
For Sale
$295,900
2406 Linhart Ave, Fort Myers, FL 33901
Unit interiors feature updated kitchens, stainless steel appliances, and tiled or luxury vinyl flooring throughout.
Property Size1,760 SF
Price / SF$168.13
Days on Market337
Property Features for 2406 Linhart Ave
General Information
Standard status
Active
Size
1,760 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
courtyard
Building Details
Year Built
1971
Buildings
1
Listing Agency:
Realty One Group MVP
Listed By:
Clay Bresnan · License #249517113
(239) 289-2942
Source:
Napleshomesearcher
Added: Nov 16, 2025
Changed: Oct 1
Last Checked: Oct 19 at 7:10AM
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 Realty One Group MVP
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Investment Insights
Based on property information with market context.
Built in 1971, this duplex contains 1,760 square feet across two residential units. Each side offers two bedrooms, one bathroom, and nearly 1,000 square feet of living space, creating a consistent layout across the property. A shared courtyard provides the common entry area, while flooring throughout the units consists of tile or luxury vinyl.
Both kitchens have been updated with stainless steel appliances. The combination of two-bedroom floor plans, separate unit interiors, and shared outdoor entry space supports the property’s multifamily configuration in Fort Myers, Florida.
Both kitchens have been updated with stainless steel appliances. The combination of two-bedroom floor plans, separate unit interiors, and shared outdoor entry space supports the property’s multifamily configuration in Fort Myers, Florida.
Key Highlights
- Two‑unit duplex with 1,760 square feet of total property size
- Each unit has 2 bedrooms, 1 bathroom, and nearly 1,000 square feet
- Shared courtyard entry serves both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,296
Cap Rate
7.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$465,920
$465.9K
Cap Rate 7%
$332,800
$332.8K
Cap Rate 9%
$258,844
$258.8K
Market Conditions
NOI Build-Up for 1,760 SF
Gross rent
$34.8K $19.80/SF
− Vacancy
−$1.6K −$0.89/SF
EGI
$33.3K $18.91/SF
− OpEx
−$10.0K −$5.67/SF
NOI
$23.3K $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%
$465,920
Cap Rate 7%
$332,800
Cap Rate 9%
$258,844
Alternative Uses
Best Use
Multifamily LT 5
$332.8K
$291.2K – $388.3K
NOI $23,296 @ 7.0% cap · market cap 7.87%
Second Best
Apartment 5plus
$308.4K
$269.9K – $359.8K
NOI $21,589 @ 7.0% cap · market cap 7.30%
Theoretical Best
Office A
$553.9K
$484.7K – $646.3K
NOI $38,776 @ 7.0% cap · market cap 13.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,484
Businesses Nearby
Explore this area
Business Placement
Demographics for 33901, FL
22,629
Population
11,709
Households
1.9
Avg Household Size
43
Median Age
29%
College-Educated
83%
High-School Grad
6.2 sq mi
ZIP Area
3,650
Density / Sq Mi
$51,579
Median Household Income
$37,233
Median Earnings
$1,291
Median Rent
$280,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Unit interiors feature updated kitchens, stainless steel appliances, and tiled or luxury vinyl flooring throughout.
Where is this duplex located?
The property is located at 2406 Linhart Ave Fort Myers, FL.
What is the asking price?
The asking price for this property is $295,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,760 square feet of total property size; Each unit has 2 bedrooms, 1 bathroom, and nearly 1,000 square feet; Shared courtyard entry serves both units
