Two-Unit Duplex with
For Sale
$479,900
304-306 Gordon AVE S, Lehigh Acres, FL 33973
Both residences are leased and include separate two-car garages.
Property Size2,400 SF
Price / SF$199.96
Days on Market363
Property Features for 304-306 Gordon AVE S
General Information
Standard status
Active
Size
2,400 SF
Total Parking Spaces
4
Property subtype
Duplex
Occupancy
100%
Site & Location
Neighborhood
37feb17f-86df-4ec0-97d6-70e4e55782ee
Highway Access
Yes
Units
Unit Mix
2 x 2BR/2BA/1Den
Multifamily Units
2
Parking per Unit
2
Additional Details
Sprinkler System
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$491
Amenities
impact windows and doors
tile flooring
white cabinetry
granite countertops
brand-new appliances
open floor plan
natural light
water softener system
Building Details
Building Size
2,400 SF
Year Built
2026
Buildings
1
Listing Agency:
Sellstate 5 Star Realty
(239) 247-9872
Listed By:
Eddie Chen · License #258034903
(239) 491-2430
Source:
Alfredrobbins
Added: Nov 3, 2025
Changed: Oct 26
Last Checked: Oct 31 at 4:44AM
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.
Built in 2026, this duplex contains 2,400 square feet across two residences. Each unit offers two bedrooms, two bathrooms, and a den, along with an open-plan layout, tile floors, impact-rated windows and doors, white cabinetry, granite counters, and new appliances. A water softener system and sprinkler system serve each unit, and both residences have a two-car garage. Both units are currently rented.
The property is near SR-82 and I-75, with access to Fort Myers, Cape Coral, shopping, dining, schools, and major employers.
The property is near SR-82 and I-75, with access to Fort Myers, Cape Coral, shopping, dining, schools, and major employers.
Key Highlights
- Two‑unit duplex built in 2026 with 2,400 square feet
- Each unit has 2 bedrooms, 2 baths, and 1 den
- Two‑car garage for each residence
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
NOI $31,767 @ 7.0% cap · market cap 6.62%
Second Best
Apartment 5plus
$420.6K
$368.0K – $490.7K
NOI $29,439 @ 7.0% cap · market cap 6.13%
Theoretical Best
Office A
$755.4K
$661.0K – $881.3K
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
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
161
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are leased and include separate two-car garages.
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: Two‑unit duplex built in 2026 with 2,400 square feet; Each unit has 2 bedrooms, 2 baths, and 1 den; Two‑car garage for each residence
