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Duplex with Impact Glass

259 Grant Boulevard, Lehigh Acres, FL 33974

For Sale
New
$499,000

Both residences feature three bedrooms and two bathrooms, with impact-rated windows and doors.

Property Size2,450 SF
Price / SF$203.67
Days on Market4

Property Features for 259 Grant Boulevard

General Information

Standard status Active
Size 2,450 SF
Property subtype Residential Income
Zoning RM-2

Taxes and HOA fees

Annual Taxes $473

Amenities

Tile
true
4
6
Impact Glass
false
Corner Lot,Oversized Lot
Well
0.2583
90 x 125 x 90 x 125
Appraiser
2450

Building Details

Building Size 2,450 SF
Year Built 2025
Tenancy Multi
Listing Agency:
Listed By: Pamela Weekly
Source: Teamweekly
Added: Nov 10 Last Checked: Nov 13 at 6:03AM

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
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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 2,450-square-foot duplex contains two matching residences, each with three bedrooms and two bathrooms. Interior details include tile flooring and quartz, and the windows and doors are impact-rated.

The property occupies a 0.2583-acre corner lot measuring 90 x 125 x 90 x 125. A well serves the site, and the zoning designation is RM-2.

Key Highlights

  • Two residences, each with 3 bedrooms and 2 bathrooms
  • 2,450‑square‑foot duplex built in 2025
  • Impact Glass windows and doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,069
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$521,380 $521.4K
Cap Rate 7%
$372,414 $372.4K
Cap Rate 9%
$289,656 $289.7K
Market Conditions
NOI Build-Up for 2,450 SF
Gross rent
$39.7K $16.20/SF
− Vacancy
−$2.4K −$1.00/SF
EGI
$37.2K $15.20/SF
− OpEx
−$11.2K −$4.56/SF
NOI
$26.1K $10.64/SF
Area
ZIP 33974
Vacancy
6.17%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$521,380
Cap Rate 7%
$372,414
Cap Rate 9%
$289,656

Alternative Uses

Best Use
Multifamily LT 5
$372.4K
$325.9K – $434.5K (±1% cap)
NOI $26,069 @ 7.0% cap · market cap 5.22%
Second Best
Apartment 5plus
$324.0K
$283.5K – $378.0K (±1% cap)
NOI $22,678 @ 7.0% cap · market cap 4.54%
Theoretical Best
Specialty Retail
$943.2K
$825.3K – $1.10M (±1% cap)
NOI $66,022 @ 7.0% cap · market cap 13.23%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

32
Businesses Nearby

Demographics for 33974, FL

17,233
Population
5,771
Households
3
Avg Household Size
33
Median Age
16%
College-Educated
84%
High-School Grad
22.4 sq mi
ZIP Area
769
Density / Sq Mi
$65,809
Median Household Income
$33,982
Median Earnings
$1,698
Median Rent
$272,800
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 - Both residences feature three bedrooms and two bathrooms, with impact-rated windows and doors.
Where is this duplex located?
The property is located at 259 Grant Boulevard Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 bathrooms; 2,450‑square‑foot duplex built in 2025; Impact Glass windows and doors
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Includes: Price & PSF · Cap rate · Location · Zoning

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