New Construction
303 Norwalk Ave Lehigh Acres, FL 33972
303 Norwalk Ave, Lehigh Acres, FL, 33972
$430,000
For Sale
$430,000
MULTI_FAMILY - Other - LEHIGH ACRES, FL
Property Size2,400 SF
Lot Size0.36 Acres
Price / SF$179.17
Days on Market23
Property Features for 303 Norwalk Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Zoning
- RM-2
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 3
- Pets allowed
- Yes
- Fencing
- Fenced
- Standard status
- Active
- APN
- 04-44-27-L3-18095.0050
- Size
- 2,400 SF
- Lot size
- 0.36 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- GREENBRIAR UNIT 18 PT E BLK 95 PB 27 PG 29 LOT 5
- Tax Annual Amount
- 497
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Well
Building Details
- Year built
- 2026
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Concrete Block, Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing agency
Xclusive Homes LLC
(239) 228-6242
Listed by
Maria Rojas · License #NAPLES-249522371
(239) 877-7394
Added: Jun 29 Updated: Jul 20 at 4:36PM Checked: Jul 21 at 3:06PM
MLS# 226024493
Copyright © 2026 Naples Area Board of REALTORS. 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.
New construction duplex on a secure lot with a metal fence, built as mirror-image residences. Each side includes three bedrooms and two bathrooms with a living area of approximately 1,200 square feet. Interiors feature porcelain tile flooring, stainless steel appliances, quartz countertops in the kitchen and baths, and white cabinetry. Both units also include an outdoor screed lanai and impact windows and doors.
Located in Lehigh Acres, the property offers easy access to Fort Myers. The site is positioned for residential income use under RM-2 zoning.
This duplex is designed for straightforward owner or investor ownership, with separate, fully equipped residential layouts on both sides.
Located in Lehigh Acres, the property offers easy access to Fort Myers. The site is positioned for residential income use under RM-2 zoning.
This duplex is designed for straightforward owner or investor ownership, with separate, fully equipped residential layouts on both sides.
Key Highlights
- Under construction duplex, built in 2026
- 3 bedrooms and 2 bathrooms on each side
- 1200 SF living area per side
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 | $47.5k | $19.80 |
| − Vacancy | −$2.1k | −$0.89 |
| EGI | $45.4k | $18.91 |
| − OpEx | −$13.6k | −$5.67 |
| NOI | $31.8k | $13.24 |
2,400 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$453.8K
$397.1K – $529.5K
NOI $31,767 @ 7.0% cap · market cap 7.39%
Second Best
Apartment 5plus
$420.6K
$368.0K – $490.7K
NOI $29,439 @ 7.0% cap · market cap 6.85%
Theoretical Best
Office A
$755.4K
$661.0K – $881.3K
NOI $52,877 @ 7.0% cap · market cap 12.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - New construction duplex with 3-bedroom, 2-bath layouts on each side and impact windows and doors.
Where is this duplex located?
The property is located at 303 Norwalk Ave Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Under construction duplex, built in 2026; 3 bedrooms and 2 bathrooms on each side; 1200 SF living area per side
