Back to Search
Duplex with Attached Garages

3003 Gilbert Avenue S Lehigh Acres, FL 33973

3003 Gilbert Avenue S, Lehigh Acres, FL, 33973
$359,000
For Sale
Claim this Listing
$359,000

MULTI_FAMILY - Other - Lehigh Acres, FL

Property Size2,220 SF
Lot Size0.29 Acres
Price / SF$161.71
AddedJul 8
Days on Market8
Last RefreshJul 15 at 2:06 pm

Property Features for 3003 Gilbert Avenue S

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Rooms
Bathroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 4, Bathroom 3
Pets allowed
Yes
Exterior features
RoomForPool
Standard status
Active
APN
04-45-26-L3-05022.0280
Lot size
0.29 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
LEHIGH ACRES UNIT 5 BLK 22 PB 15 PG 85 LOT 28
Tax Annual Amount
4671

Utilities

Sewer type
Septic Tank
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric, Ceiling Fan(s)
Water source
Well

Building Details

Year built
2007
Number of units
2
Flooring type
Tile
Building materials
Block, Concrete, Stucco
Roof type
Shingle
Architectural style
Other

Listing agent Dennis Warson License #249514775

Listing office Keller Williams Realty Fort Myers and the Islands 12840 University Dr, Fort Myers, FL

Listing date Jul 8, 2026

MLS# 2026029141 Listing URL

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This duplex offers two separate units with mirrored layouts, each featuring two bedrooms and two full bathrooms plus a den. Each side includes all tile flooring and high ceilings in the living area. The property also has a one-car attached garage per side. Interior improvements include fresh paint, and mechanical updates reported in the remarks include a newer AC system, a newer water treatment system, and new hot water heaters.

Set on a small lot in Lehigh Acres, the home is described as one of the first neighborhoods within the area, with convenient access to I-75, the airport, and Fort Myers. The left side is currently occupied by a long-term tenant, while the right side is ready for immediate occupancy or rental income.

For buyers seeking a residential income setup, the duplex configuration provides two self-contained living spaces within one property. The current occupancy status and the readiness of the right side may appeal to owner-occupants who want to live in one unit while renting the other. The combination of den space, attached garages, and reported recent systems can support a range of tenant or household needs.

Key Highlights

  • Duplex built in 2007 with central air and central electric heating
  • Over 2,220 sq ft under AC, with 1,119 sq ft per side
  • Each side features 2 bedrooms, 2 full bathrooms, a den, and a one‑car attached garage

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $44.0k $19.80
− Vacancy −$2.0k −$0.89
EGI $42.0k $18.91
− OpEx −$12.6k −$5.67
NOI $29.4k $13.24
2,220 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$419.8K
$367.3K – $489.8K (±1% cap)
NOI $29,385 @ 7.0% cap · market cap 8.19%
Second Best
Apartment 5plus
$389.0K
$340.4K – $453.9K (±1% cap)
NOI $27,231 @ 7.0% cap · market cap 7.59%
Theoretical Best
Office A
$698.7K
$611.4K – $815.2K (±1% cap)
NOI $48,911 @ 7.0% cap · market cap 13.62%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Spa & Massage Center Hair Salon Pharmacy Restaurant Nail Salon Furniture & Home Goods HVAC Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Freshly painted duplex with two-bed units, full baths, den space, and attached one-car garages per side.
Where is this duplex located?
The property is located at 3003 Gilbert Avenue S Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: Duplex built in 2007 with central air and central electric heating; Over 2,220 sq ft under AC, with 1,119 sq ft per side; Each side features 2 bedrooms, 2 full bathrooms, a den, and a one‑car attached garage
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message