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Duplex with Screened Patios
For Sale
$499,900

5887 Littlestone Court, North Fort Myers, FL 33903

ResidentialIncome, North Fort Myers, FL

Property Size3,200 SF
Lot Size0.32 Acres
Price / SF$156.22
Days on Market53

Property Features for 5887 Littlestone Court

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description RM-2
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 5, Bathroom 4
Patio and Porch features Patio
Pets allowed Yes
Exterior features Courtyard, FruitTrees, IrrigationSprinklers, Patio, RoomForPool
Subdivision LOCHMOOR
Lot features Oversized Lot, Sprinklers Automatic
Standard status Active
APN 21-44-24-16-00000.0370
Lot size 0.32 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOCHMOOR UNIT 2 PB 28 PG 116 LOT 37
Tax Annual Amount 6831
Legal Description LOCHMOOR UNIT 2 PB 28 PG 116 LOT 37

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Electric, Ceiling Fan(s), Central Air
Water source Public

Amenities

screened patio
fenced backyards
garden
fruit trees

Building Details

Year built 2005
Number of units 2
Flooring type Tile
Building materials Block, Concrete, Stucco
Roof type Shingle
Architectural style Other
Listing Agency: Realty One Group MVP
Listed By: Brandon Lucas · License #258025293
Added: Aug 23 Changed: Oct 13 Last Checked: Oct 14 at 3:06PM
MLS# 2026035754

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.

Investment Insights

Based on property information with market context.

This 2005 duplex contains two residences under one deed, with approximately 3,200 square feet of combined living area on a 0.322-acre parcel. Each side has three bedrooms, two full bathrooms, a two-car garage, tile flooring, and a screened patio. Fenced backyards, fruit trees, and room for a pool add outdoor features. The buildings are constructed of block and stucco.

A 2023 shingle roof and 2023 air-conditioning systems serve the property. Public water and sewer are available. The property is near the Caloosahatchee River.

Key Highlights

  • Two residences conveyed under one deed
  • Approximately 3,200 square feet of combined living space on 0.322 acres
  • Each residence has 3 bedrooms, 2 full bathrooms, and a 2‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,356
Cap Rate
8.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$847,120 $847.1K
Cap Rate 7%
$605,086 $605.1K
Cap Rate 9%
$470,622 $470.6K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$63.4K $19.80/SF
− Vacancy
−$2.9K −$0.89/SF
EGI
$60.5K $18.91/SF
− OpEx
−$18.2K −$5.67/SF
NOI
$42.4K $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%
$847,120
Cap Rate 7%
$605,086
Cap Rate 9%
$470,622

Alternative Uses

Best Use
Multifamily LT 5
$605.1K
$529.5K – $705.9K (±1% cap)
NOI $42,356 @ 7.0% cap · market cap 8.47%
Second Best
Apartment 5plus
$560.7K
$490.7K – $654.2K (±1% cap)
NOI $39,252 @ 7.0% cap · market cap 7.85%
Theoretical Best
Office A
$1.01M
$881.3K – $1.18M (±1% cap)
NOI $70,502 @ 7.0% cap · market cap 14.10%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Hair Salon Spa & Massage Center Nail Salon Pharmacy Skin Care Clinic

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

131
Businesses Nearby

Demographics for 33903, FL

23,294
Population
15,400
Households
1.5
Avg Household Size
61
Median Age
24%
College-Educated
89%
High-School Grad
11.3 sq mi
ZIP Area
2,061
Density / Sq Mi
$56,317
Median Household Income
$32,452
Median Earnings
$1,152
Median Rent
$135,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences include private garages, fenced yards, and outdoor space for everyday use.
Where is this duplex located?
The property is located at 5887 Littlestone Court North Fort Myers, FL.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Two residences conveyed under one deed; Approximately 3,200 square feet of combined living space on 0.322 acres; Each residence has 3 bedrooms, 2 full bathrooms, and a 2‑car garage
More about this property
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