Two-Unit Duplex with
New
For Sale
$489,900
2667 Gretchen AVE S, Lehigh Acres, FL 33973
Two separate residences offer flexible occupancy, with open-plan interiors and tile flooring.
Property Size2,400 SF
Days on Market4
Property Features for 2667 Gretchen AVE S
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Duplex
Site & Location
Neighborhood
37feb17f-86df-4ec0-97d6-70e4e55782ee
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$746
Building Details
Building Size
2,400 SF
Year Built
2026
Buildings
1
Listing Agency:
Hustle Bees Realty LLC
Listed By:
Michael Alonzo Hernandez · License #258035889
(786) 226-6084
Source:
Kwelevate
Added: Oct 29
Changed: Oct 31
Last Checked: Nov 1 at 2:39PM
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 Hustle Bees Realty LLC
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Investment Insights
Based on property information with market context.
Completed in 2026, this duplex contains two separate residences, each with three bedrooms and two bathrooms. An attached one-car garage serves the property. Both units have open-plan layouts, tile floors, modern finishes, and dedicated living areas. The corner-lot property is in Lehigh Acres near SR 82, with access to Fort Myers and area shopping and dining. There is no HOA or CDD.
Key Highlights
- Two residences, each with 3 bedrooms and 2 bathrooms
- Built in 2026
- Attached 1‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,767
Cap Rate
6.48%
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
NOI $31,767 @ 7.0% cap · market cap 6.48%
Second Best
Apartment 5plus
$420.6K
$368.0K – $490.7K
NOI $29,439 @ 7.0% cap · market cap 6.01%
Theoretical Best
Office A
$755.4K
$661.0K – $881.3K
NOI $52,877 @ 7.0% cap · market cap 10.79%
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
75
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 - Two separate residences offer flexible occupancy, with open-plan interiors and tile flooring.
Where is this duplex located?
The property is located at 2667 Gretchen AVE S Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $489,900.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 bathrooms; Built in 2026; Attached 1‑car garage
