Duplex with Quartz
For Sale
$489,000
2416/2418 Joe Ave S, Lehigh Acres, FL 33973
Each residence includes a den, built-in closet storage, large-format tile, and newly installed appliances.
Property Size3,126 SF
Price / SF$156.43
Days on Market50
Property Features for 2416/2418 Joe Ave S
General Information
Standard status
Active
Size
3,126 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
37feb17f-86df-4ec0-97d6-70e4e55782ee
Units
Unit Mix
2 x 2BR/2BA + Den
Multifamily Units
2
Amenities
Quartz countertops
Brand-new appliances
Large-format tile
Built-in cabinetry
Building Details
Year Built
2026
Buildings
1
Listing Agency:
Magna Realty, LLC
Listed By:
Zavier Bravo · License #258031556
(239) 321-9282
Source:
Findhousesinnaples
Added: Sep 12
Changed: Oct 26
Last Checked: Oct 30 at 2:19PM
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 Magna Realty, LLC
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Investment Insights
Based on property information with market context.
This 2026-built duplex contains two separately configured units, each offering 2 bedrooms, 2 bathrooms, a den, and approximately 1,570 square feet of living space. Quartz surfaces are installed in the kitchens and bathrooms, while brand-new appliances and large-format tile contribute to the interior finish package. Built-in cabinetry within the closets adds organized storage, and each den can accommodate office, hobby, or supplemental living use.
The property is located at 2416/2418 Joe Ave S in Lehigh Acres, east of Fort Myers. The surrounding area includes local dining, parks, golf, and outdoor recreation. The two-unit layout supports ownership with separate residences under one property, subject to the owner’s intended use.
The property is located at 2416/2418 Joe Ave S in Lehigh Acres, east of Fort Myers. The surrounding area includes local dining, parks, golf, and outdoor recreation. The two-unit layout supports ownership with separate residences under one property, subject to the owner’s intended use.
Key Highlights
- Two‑unit duplex completed in 2026
- Each unit includes 2 bedrooms, 2 bathrooms, a den, and approximately 1,570 square feet
- Quartz countertops in kitchens and bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,377
Cap Rate
8.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$827,540
$827.5K
Cap Rate 7%
$591,100
$591.1K
Cap Rate 9%
$459,744
$459.7K
Market Conditions
NOI Build-Up for 3,126 SF
Gross rent
$61.9K $19.80/SF
− Vacancy
−$2.8K −$0.89/SF
EGI
$59.1K $18.91/SF
− OpEx
−$17.7K −$5.67/SF
NOI
$41.4K $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%
$827,540
Cap Rate 7%
$591,100
Cap Rate 9%
$459,744
Alternative Uses
Best Use
Multifamily LT 5
$591.1K
$517.2K – $689.6K
NOI $41,377 @ 7.0% cap · market cap 8.46%
Second Best
Apartment 5plus
$547.8K
$479.3K – $639.1K
NOI $38,344 @ 7.0% cap · market cap 7.84%
Theoretical Best
Office A
$983.9K
$860.9K – $1.15M
NOI $68,872 @ 7.0% cap · market cap 14.08%
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
84
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
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes a den, built-in closet storage, large-format tile, and newly installed appliances.
Where is this duplex located?
The property is located at 2416/2418 Joe Ave S Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: Two‑unit duplex completed in 2026; Each unit includes 2 bedrooms, 2 bathrooms, a den, and approximately 1,570 square feet; Quartz countertops in kitchens and bathrooms
