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New Construction Duplex
For Sale
$430,000

496-498 Bell Blvd S, Lehigh Acres, FL 33974

Two separate residences feature modern finishes, stainless steel appliances, and screened lanais for outdoor use.

Property Size2,400 SF
Price / SF$179.17
Days on Market264

Property Features for 496-498 Bell Blvd S

General Information

Standard status Active
Size 2,400 SF
Property subtype Multi-Family

Units

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

Amenities

porcelain tile flooring
stainless steel appliances
quartz countertops
white cabinets
impact windows and doors
screened lanai
metal fence

Building Details

Year Built 2025
Buildings 1
Listing Agency: Xclusive Homes LLC
Listed By: Maria Rojas · License #NAPLES-249522371
Source: Napleshomesearches
Added: Jan 27 Changed: Oct 1 Last Checked: Oct 16 at 9:18AM

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 Xclusive Homes LLC

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Investment Insights

Based on property information with market context.

Completed in 2025, this duplex contains two separate residences, each with 3 bedrooms, 2 bathrooms, and 1200 sf of living area. The interiors include porcelain tile flooring, stainless steel appliances, quartz countertops in the kitchens and bathrooms, and white cabinetry. Impact windows and doors add to the building’s specifications, while each side also includes a screened lanai for outdoor entertaining.

The property is located at 496-498 Bell Blvd S in Lehigh Acres, with access to Fort Myers. A metal fence provides secured perimeter enclosure. With 2400 square feet across both residences, the configuration offers a newly built duplex format for an owner-occupant or investor.

Key Highlights

  • New construction completed in 2025
  • Two residences with 3 bedrooms and 2 bathrooms each
  • 1200 sf of living area per side; 2400 square feet total

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,537
Cap Rate
5.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,740 $510.7K
Cap Rate 7%
$364,814 $364.8K
Cap Rate 9%
$283,744 $283.7K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$38.9K $16.20/SF
− Vacancy
−$2.4K −$1.00/SF
EGI
$36.5K $15.20/SF
− OpEx
−$10.9K −$4.56/SF
NOI
$25.5K $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%
$510,740
Cap Rate 7%
$364,814
Cap Rate 9%
$283,744

Alternative Uses

Best Use
Multifamily LT 5
$364.8K
$319.2K – $425.6K (±1% cap)
NOI $25,537 @ 7.0% cap · market cap 5.94%
Second Best
Apartment 5plus
$317.4K
$277.7K – $370.3K (±1% cap)
NOI $22,216 @ 7.0% cap · market cap 5.17%
Theoretical Best
Specialty Retail
$923.9K
$808.4K – $1.08M (±1% cap)
NOI $64,675 @ 7.0% cap · market cap 15.04%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Auto Parts Store Hair Salon

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

Location Intelligence

Trade Area within ½ mile

33
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

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 - Two separate residences feature modern finishes, stainless steel appliances, and screened lanais for outdoor use.
Where is this duplex located?
The property is located at 496-498 Bell Blvd S 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: New construction completed in 2025; Two residences with 3 bedrooms and 2 bathrooms each; 1200 sf of living area per side; 2400 square feet total
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