Newly Built Duplex with
New
For Sale
$455,000
349/351 Rockland St, Lehigh Acres, FL 33972
Two separate residences each provide three bedrooms, two bathrooms, and a private garage.
Property Size2,390 SF
Price / SF$190.38
Days on Market4
Property Features for 349/351 Rockland St
General Information
Standard status
Active
Size
2,390 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Site & Location
Neighborhood
15868327-61f6-4666-9ac6-Ce848354fbe5
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Building Details
Year Built
2026
Buildings
1
Listing Agency:
Realty One Group MVP
Listed By:
Vanessa Pagan · License #274500881
(239) 977-9178
Source:
Propertiesforsaleinswflorida
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 7:38AM
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 Realty One Group MVP
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Investment Insights
Based on property information with market context.
Completed in 2026, this duplex contains 2,390 square feet across two separate residences. Each unit has three bedrooms, two bathrooms, and a private one-car garage, for a combined total of six bedrooms, four bathrooms, and two garages. Interior features include open-concept plans, quartz kitchen countertops, stainless steel appliances, luxury vinyl flooring, and abundant natural light.
The property is in the North Lehigh Acres area, near shopping, dining, schools, and major roadways. It has no HOA.
The property is in the North Lehigh Acres area, near shopping, dining, schools, and major roadways. It has no HOA.
Key Highlights
- 2,390‑square‑foot duplex built in 2026
- Two residences, each with 3 bedrooms and 2 bathrooms
- Private one‑car garage for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,635
Cap Rate
6.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$632,700
$632.7K
Cap Rate 7%
$451,929
$451.9K
Cap Rate 9%
$351,500
$351.5K
Market Conditions
NOI Build-Up for 2,390 SF
Gross rent
$47.3K $19.80/SF
− Vacancy
−$2.1K −$0.89/SF
EGI
$45.2K $18.91/SF
− OpEx
−$13.6K −$5.67/SF
NOI
$31.6K $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%
$632,700
Cap Rate 7%
$451,929
Cap Rate 9%
$351,500
Alternative Uses
Best Use
Multifamily LT 5
$451.9K
$395.4K – $527.3K
NOI $31,635 @ 7.0% cap · market cap 6.95%
Second Best
Apartment 5plus
$418.8K
$366.5K – $488.6K
NOI $29,316 @ 7.0% cap · market cap 6.44%
Theoretical Best
Office A
$752.2K
$658.2K – $877.6K
NOI $52,656 @ 7.0% cap · market cap 11.57%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
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Business Placement
Demographics for 33972, FL
14,727
Population
5,422
Households
2.7
Avg Household Size
37
Median Age
20%
College-Educated
87%
High-School Grad
25.3 sq mi
ZIP Area
582
Density / Sq Mi
$73,239
Median Household Income
$40,058
Median Earnings
$1,537
Median Rent
$290,300
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 - Two separate residences each provide three bedrooms, two bathrooms, and a private garage.
Where is this duplex located?
The property is located at 349/351 Rockland St Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: 2,390‑square‑foot duplex built in 2026; Two residences, each with 3 bedrooms and 2 bathrooms; Private one‑car garage for each unit
