Commercially Zoned
5100 Buckingham Road, Fort Myers, FL 33905
For Sale
New
$899,000
ResidentialIncome, Fort Myers, FL
Property Size3,238 SF
Lot Size1.65 Acres
Price / SF$277.64
Days on Market2
Property Features for 5100 Buckingham Road
General Information
Property type
Property subtype
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Patio and Porch features
Pets allowed
Pool private
Exterior features
Fencing
Subdivision
Lot features
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Water front features
Water front
Amenities
pool
cabana
waterfront
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
Weichert Realtors Agency ONE
(239) 415-6500
Listed By:
Carla Kluch · License FL #258021283
(239) 849-7547
Added: Nov 9
Last Checked: Nov 10 at 12:06AM
MLS# 2026039660
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This duplex contains two residences, each arranged with two bedrooms and two bathrooms. Combined interior area is 3,238 square feet. Both homes have tile flooring, updated kitchens, and remodeled bathrooms; one also features granite counters, a vaulted wood-accented ceiling, and a sunken living room with a fireplace. A metal roof and central air-conditioning systems are among the property’s updates.
The 1.654-acre parcel fronts the Orange River and includes a private pool, cabana, patio, and fencing. Commercial zoning is in place; any business use is subject to county approval. The river connects to the Caloosahatchee River, with boating and paddle sports noted as recreational options.
The 1.654-acre parcel fronts the Orange River and includes a private pool, cabana, patio, and fencing. Commercial zoning is in place; any business use is subject to county approval. The river connects to the Caloosahatchee River, with boating and paddle sports noted as recreational options.
Key Highlights
- Commercial zoning; business use is subject to county approval
- Two residences, each with 2 bedrooms and 2 bathrooms
- 3,238 square feet of interior area on 1.654 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,852
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$817,040
$817.0K
Cap Rate 7%
$583,600
$583.6K
Cap Rate 9%
$453,911
$453.9K
Market Conditions
NOI Build-Up for 3,238 SF
Gross rent
$61.4K $18.96/SF
− Vacancy
−$3.0K −$0.94/SF
EGI
$58.4K $18.02/SF
− OpEx
−$17.5K −$5.41/SF
NOI
$40.9K $12.62/SF
Area
Lee County, FL
Vacancy
4.94%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$817,040
Cap Rate 7%
$583,600
Cap Rate 9%
$453,911
Alternative Uses
Best Use
Multifamily LT 5
$583.6K
$510.7K – $680.9K
NOI $40,852 @ 7.0% cap · market cap 4.54%
Second Best
Apartment 5plus
$538.3K
$471.0K – $628.1K
NOI $37,683 @ 7.0% cap · market cap 4.19%
Theoretical Best
Office A
$1.02M
$891.8K – $1.19M
NOI $71,340 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
47
Businesses Nearby
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Business Placement
Demographics for 33905, FL
37,692
Population
17,337
Households
2.2
Avg Household Size
41
Median Age
22%
College-Educated
79%
High-School Grad
40.2 sq mi
ZIP Area
938
Density / Sq Mi
$70,009
Median Household Income
$36,923
Median Earnings
$1,509
Median Rent
$260,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Fort Myers, FL
Properties on Market for Duplexes in Fort Myers
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two independent homes share river frontage, a private pool, and a cabana.
Where is this duplex located?
The property is located at 5100 Buckingham Road Fort Myers, FL.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Commercial zoning; business use is subject to county approval; Two residences, each with 2 bedrooms and 2 bathrooms; 3,238 square feet of interior area on 1.654 acres
