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Duplex with Private Garages
For Sale
$525,000

243-245 Greenbriar Blvd, Lehigh Acres, FL 33972

Each residence offers a three-bedroom, two-bath layout with dedicated garage parking and outdoor space.

Property Size2,400 SF
Lot Size0.50 Acres
Price / SF$218.75
Days on Market47

Property Features for 243-245 Greenbriar Blvd

General Information

Standard status Active
Size 2,400 SF
Total Parking Spaces 4
Lot size 0.50 Acres
Property subtype Multi-Family

Site & Location

Neighborhood 15868327-61f6-4666-9ac6-Ce848354fbe5

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2
Parking per Unit 2

Amenities

fully fenced lot

Building Details

Year Built 2025
Buildings 1
Listing Agency: Keller Williams Elite Realty
Listed By: Ted Stout · License #274500881
Source: Realmarkrealty
Added: Sep 12 Changed: Oct 27 Last Checked: Oct 28 at 8:22AM

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 Elite Realty

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Investment Insights

Based on property information with market context.

Built in 2025, this duplex contains 2400 square feet with two separate residences. Each unit provides 3 bedrooms, 2 bathrooms, and its own two-car garage, creating a consistent layout across both sides of the property.

The building sits on a half-acre lot enclosed by fencing. The site provides private outdoor area in addition to the garage parking, with the property configuration accommodating separate residential spaces on one parcel.

Key Highlights

  • Two‑unit duplex built in 2025
  • 2400‑square‑foot property
  • Each unit has 3 bedrooms and 2 bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,767
Cap Rate
6.05%
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 (±1% cap)
NOI $31,767 @ 7.0% cap · market cap 6.05%
Second Best
Apartment 5plus
$420.6K
$368.0K – $490.7K (±1% cap)
NOI $29,439 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$755.4K
$661.0K – $881.3K (±1% cap)
NOI $52,877 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

Demographics for 33972, FL

14,727
Population
5,422
Households
2.7
Avg Household Size
37
Median Age
20%
College-Educated
87%
High-School Grad
25.3 sq mi
ZIP Area
582
Density / Sq Mi
$73,239
Median Household Income
$40,058
Median Earnings
$1,537
Median Rent
$290,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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 offers a three-bedroom, two-bath layout with dedicated garage parking and outdoor space.
Where is this duplex located?
The property is located at 243-245 Greenbriar Blvd Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two‑unit duplex built in 2025; 2400‑square‑foot property; Each unit has 3 bedrooms and 2 bathrooms
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