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New Two-Unit Duplex
For Sale
$479,900

304-306 Gordon Ave S, Lehigh Acres, FL 33973

Separate residences feature open layouts, private garages, impact windows, and contemporary kitchen finishes.

Property Size2,400 SF
Price / SF$199.96
Days on Market376

Property Features for 304-306 Gordon Ave S

General Information

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

Units

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

Additional Details

Highway Access Yes

Amenities

water softener system
impact windows and doors

Building Details

Year Built 2026
Buildings 1
Construction stucco
Listing Agency: Sellstate 5 Star Realty
Listed By: Eddie Chen · License #258034903
Source: Napleshomesearches
Added: Oct 8, 2025 Changed: Oct 1 Last Checked: Oct 16 at 9:37AM

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 Sellstate 5 Star Realty

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Investment Insights

Based on property information with market context.

Completed in 2025, this 2,400-square-foot duplex contains two three-bedroom, two-bath residences designed with open living areas and abundant natural light. Each unit includes a two-car garage, tile flooring, white cabinetry, granite countertops, and new appliances. Impact-resistant windows and doors provide an additional exterior feature, while the stucco facade gives the building a durable finished exterior.

Both residences include water softener systems and sprinkler systems. The property is located near SR 82 and I-75, with access to Cape Coral and Fort Myers, as well as nearby shopping, dining, schools, and major employers. The address is 304-306 Gordon Ave S in Lehigh Acres, Florida.

Key Highlights

  • 2025‑built duplex with two 3‑bedroom, 2‑bath units
  • Each unit includes a 2‑car garage
  • 2,400 SF total property size

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,767
Cap Rate
6.62%
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 6.62%
Second Best
Apartment 5plus
$420.6K
$368.0K – $490.7K (±1% cap)
NOI $29,439 @ 7.0% cap · market cap 6.13%
Theoretical Best
Office A
$755.4K
$661.0K – $881.3K (±1% cap)
NOI $52,877 @ 7.0% cap · market cap 11.02%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Spa & Massage Center Building Supply Skin Care Clinic Grocery & Convenience Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

161
Businesses Nearby

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
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 - Separate residences feature open layouts, private garages, impact windows, and contemporary kitchen finishes.
Where is this duplex located?
The property is located at 304-306 Gordon Ave S Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: 2025‑built duplex with two 3‑bedroom, 2‑bath units; Each unit includes a 2‑car garage; 2,400 SF total property size
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