Duplex With Private
For Sale
$405,000
5234/5234 30th St SW, Lehigh Acres, FL 33973
Two separate residences provide private entrances, open living areas, and individual garages.
Property Size1,214 SF
Price / SF$333.61
Days on Market331
Property Features for 5234/5234 30th St SW
General Information
Standard status
Active
Size
1,214 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Building Details
Year Built
2005
Buildings
1
Listing Agency:
Marzucco Real Estate
(239) 269-6259
Listed By:
Melda Dupont · License #258033147
Source:
Napleshomesearcher
Added: Oct 6, 2025
Changed: Aug 31
Last Checked: Aug 31 at 5:45PM
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 Marzucco Real Estate
Investment Insights
Based on property information with market context.
Built in 2005, this duplex contains two independent residences, each with three bedrooms, two bathrooms, and a one-car garage. Separate entrances serve each side, while open living areas and natural light support comfortable day-to-day use. The property is positioned on an oversized lot at 5234/5234 30th St SW in Lehigh Acres.
Schools, shopping, restaurants, and major roads are located nearby, with access toward Fort Myers. The two-unit configuration offers distinct living spaces within one property, making the layout suitable for an owner-occupant arrangement or separate residential tenancy, as supported by the existing design.
Schools, shopping, restaurants, and major roads are located nearby, with access toward Fort Myers. The two-unit configuration offers distinct living spaces within one property, making the layout suitable for an owner-occupant arrangement or separate residential tenancy, as supported by the existing design.
Key Highlights
- Two‑unit duplex configuration with separate residences
- Each unit includes 3 bedrooms, 2 bathrooms, and a 1‑car garage
- Private entrance serves each side of the property
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,069
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.97%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$321,380
$321.4K
Cap Rate 7%
$229,557
$229.6K
Cap Rate 9%
$178,544
$178.5K
Market Conditions
NOI Build-Up for 1,214 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$24.0K $19.80/SF
− Vacancy
−$1.1K −$0.89/SF
EGI
$23.0K $18.91/SF
− OpEx
−$6.9K −$5.67/SF
NOI
$16.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$321,380
Cap Rate 7%
$229,557
Cap Rate 9%
$178,544
Alternative Uses
Best Use
Multifamily LT 5
$229.6K
$200.9K – $267.8K
NOI $16,069 @ 7.0% cap · market cap 3.97%
Second Best
Apartment 5plus
$212.7K
$186.1K – $248.2K
NOI $14,891 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$382.1K
$334.3K – $445.8K
NOI $26,747 @ 7.0% cap · market cap 6.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
213
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences provide private entrances, open living areas, and individual garages.
Where is this duplex located?
The property is located at 5234/5234 30th St SW Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $405,000.
What are key features of this property?
This property features: Two‑unit duplex configuration with separate residences; Each unit includes 3 bedrooms, 2 bathrooms, and a 1‑car garage; Private entrance serves each side of the property
