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New-Construction Duplex

436 Bell Blvd S, Lehigh Acres, FL 33974

For Sale
$440,000

One home is leased, and the other has not yet been occupied.

Property Size2,444 SF
Price / SF$180.03
Days on Market14

Property Features for 436 Bell Blvd S

General Information

Standard status Active
Size 2,444 SF
Property subtype Residential Income

Site & Location

Neighborhood B2c9a812-B849-444a-A1a9-Dca31766ad8e
Highway Access Yes

Additional Details

Multifamily Units 2
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $441

Building Details

Buildings 1
Listing Agency: William Raveis Real Estate
Listed By: Alberto Tinedo · License FL #249529884
Source: Exprealty
Added: Oct 27 Changed: Nov 7 Last Checked: Nov 8 at 8:07AM

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 William Raveis Real Estate

Rey
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Investment Insights

Based on property information with market context.

At 436 Bell Blvd S in Lehigh Acres, this newly built duplex contains 2,444 square feet across two residences. Each residence has two bedrooms, a den, and two full bathrooms. One side is occupied by a tenant; the other has never been lived in, leaving its next use open to the owner.

The property offers access to State Road 82, area shopping, dining, and local parks, with connections to Fort Myers and other Southwest Florida destinations.

Key Highlights

  • 2,444‑square‑foot duplex with two residences
  • Each side includes two bedrooms, a den, and two full bathrooms
  • One residence is rented; the other has never been occupied

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,005
Cap Rate
5.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$520,100 $520.1K
Cap Rate 7%
$371,500 $371.5K
Cap Rate 9%
$288,944 $288.9K
Market Conditions
NOI Build-Up for 2,444 SF
Gross rent
$39.6K $16.20/SF
− Vacancy
−$2.4K −$1.00/SF
EGI
$37.1K $15.20/SF
− OpEx
−$11.1K −$4.56/SF
NOI
$26.0K $10.64/SF
Area
ZIP 33974
Vacancy
6.17%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$520,100
Cap Rate 7%
$371,500
Cap Rate 9%
$288,944

Alternative Uses

Best Use
Multifamily LT 5
$371.5K
$325.1K – $433.4K (±1% cap)
NOI $26,005 @ 7.0% cap · market cap 5.91%
Second Best
Apartment 5plus
$323.2K
$282.8K – $377.1K (±1% cap)
NOI $22,623 @ 7.0% cap · market cap 5.14%
Theoretical Best
Specialty Retail
$940.9K
$823.3K – $1.10M (±1% cap)
NOI $65,861 @ 7.0% cap · market cap 14.97%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

29
Businesses Nearby

Demographics for 33974, FL

17,233
Population
5,771
Households
3
Avg Household Size
33
Median Age
16%
College-Educated
84%
High-School Grad
22.4 sq mi
ZIP Area
769
Density / Sq Mi
$65,809
Median Household Income
$33,982
Median Earnings
$1,698
Median Rent
$272,800
Median Home Value

Market

Average Price Trend$/SF for Duplexes in Lehigh Acres, FL

$202 Jul
$201 Aug
$197 Sep
$199 Oct

Properties on Market for Duplexes in Lehigh Acres

Jul
Aug
Sep
Oct

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 - One home is leased, and the other has not yet been occupied.
Where is this duplex located?
The property is located at 436 Bell Blvd S Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: 2,444‑square‑foot duplex with two residences; Each side includes two bedrooms, a den, and two full bathrooms; One residence is rented; the other has never been occupied
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