Duplex with Screened
5887 Littlestone Court A & B, North Fort Myers, FL 33903
For Sale
New
$499,500
Both residences have three bedrooms, two full bathrooms, and private two-car garages.
Property Size3,200 SF
Lot Size0.32 Acres
Price / SF$156.09
Days on Market5
Property Features for 5887 Littlestone Court A & B
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Units
Unit Mix
Multifamily Units
Parking per Unit
Taxes and HOA fees
Annual Taxes
Amenities
screened patio
fenced backyard
garden
fruit trees
interior laundry
custom blinds
upgraded lighting
newer appliances
electric patio shade
storage shed
Tile
true
4
6
Single Hung,Sliding
false
Oversized Lot,Sprinklers Automatic
Assessment Paid,Public
0.322
145 x 145 x 145 x 145
Appraiser
Paved
Courtyard,Fruit Trees,Irrigation Sprinklers,Patio,Room For Pool
3200
Public Maintained Road
Building Details
Building Size
Year Built
Listing Agency:
(239) 499-3259
Listed By:
Pamela Weekly
Source:
Teamweekly
Added: Nov 10
Last Checked: Nov 13 at 6:10AM
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 Pamela Weekly
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Investment Insights
Based on property information with market context.
This 2005 duplex includes two residences totaling 3,200 square feet on a 0.322-acre lot. Each unit has three bedrooms, two full bathrooms, a split-bedroom layout, an attached two-car garage, and interior laundry. Open great rooms and tile floors are complemented by screened patios, fenced yards, and fruit trees. The property also has a garden and automatic irrigation sprinklers.
Roof shingles, both air-conditioning systems, and the water heater were installed in 2023. Zoning is RM-2. Both units are included in the sale under one deed, and the property is accessed from a paved, public-maintained road.
Roof shingles, both air-conditioning systems, and the water heater were installed in 2023. Zoning is RM-2. Both units are included in the sale under one deed, and the property is accessed from a paved, public-maintained road.
Key Highlights
- Two residences totaling 3,200 square feet
- Each unit has 3 bedrooms, 2 full bathrooms, and a 2‑car garage
- 0.322‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,372
Cap Rate
8.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$807,440
$807.4K
Cap Rate 7%
$576,743
$576.7K
Cap Rate 9%
$448,578
$448.6K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$60.7K $18.96/SF
− Vacancy
−$3.0K −$0.94/SF
EGI
$57.7K $18.02/SF
− OpEx
−$17.3K −$5.41/SF
NOI
$40.4K $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%
$807,440
Cap Rate 7%
$576,743
Cap Rate 9%
$448,578
Alternative Uses
Best Use
Multifamily LT 5
$576.7K
$504.7K – $672.9K
NOI $40,372 @ 7.0% cap · market cap 8.08%
Second Best
Apartment 5plus
$532.0K
$465.5K – $620.7K
NOI $37,240 @ 7.0% cap · market cap 7.46%
Theoretical Best
Office A
$1.01M
$881.3K – $1.18M
NOI $70,502 @ 7.0% cap · market cap 14.11%
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
131
Businesses Nearby
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Business Placement
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
$135,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Lee County, FL
Properties on Market for Duplexes in Lee County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have three bedrooms, two full bathrooms, and private two-car garages.
Where is this duplex located?
The property is located at 5887 Littlestone Court A & B North Fort Myers, FL.
What is the asking price?
The asking price for this property is $499,500.
What are key features of this property?
This property features: Two residences totaling 3,200 square feet; Each unit has 3 bedrooms, 2 full bathrooms, and a 2‑car garage; 0.322‑acre lot
