Updated Duplex with Screened
For Sale
$499,900
5887 Littlestone Ct Unit B, North Fort Myers, FL 33903
Two three-bedroom residences offer private primary suites, garages, fenced yards, and open living areas.
Property Size3,200 SF
Lot Size0.32 Acres
Price / SF$156.22
Days on Market55
Property Features for 5887 Littlestone Ct Unit B
General Information
Standard status
Active
Size
3,200 SF
Lot size
0.32 Acres
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Parking per Unit
2
Amenities
screened patios
fenced backyards
garden
fruit trees
Building Details
Year Built
2005
Buildings
1
Listing Agency:
Realty One Group MVP
Listed By:
Brandon Lucas · License #258025293
(239) 464-8056
Source:
Swfloridahomeguide
Added: Aug 20
Changed: Oct 10
Last Checked: Oct 12 at 8:21PM
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 Realty One Group MVP
Investment Insights
Based on property information with market context.
Built in 2005, this duplex contains approximately 3,200 total square feet across two residences. Each unit has 3 bedrooms, 2 full bathrooms, a 2-car garage, split-bedroom arrangement, and a primary suite with an ensuite bath featuring dual sinks. Interior features include open great rooms, diagonal tile flooring, custom blinds, updated lighting, newer appliances, and dedicated laundry areas.
Outdoor amenities include a screened patio for each residence, fenced backyards, a garden, fruit trees, and an open rear lawn with no immediate rear neighbor. Both units received 2023 dimensional shingle roofs and 2023 air-conditioning systems. Unit A includes updated fixtures, newer interior paint, and an additional garage refrigerator. Unit B offers fresh paint, an electric patio shade, a storage shed, and an optional furniture package.
The property is located at 5887 Littlestone Ct Unit B, North Fort Myers, FL 33903, near the Caloosahatchee River. Proposed plans for the land behind the property include a future golf course.
Outdoor amenities include a screened patio for each residence, fenced backyards, a garden, fruit trees, and an open rear lawn with no immediate rear neighbor. Both units received 2023 dimensional shingle roofs and 2023 air-conditioning systems. Unit A includes updated fixtures, newer interior paint, and an additional garage refrigerator. Unit B offers fresh paint, an electric patio shade, a storage shed, and an optional furniture package.
The property is located at 5887 Littlestone Ct Unit B, North Fort Myers, FL 33903, near the Caloosahatchee River. Proposed plans for the land behind the property include a future golf course.
Key Highlights
- Approximately 3,200 total square feet with two 3‑bedroom, 2‑bath residences
- Each unit includes a 2‑car garage and screened patio
- 2023 dimensional shingle roof and 2023 air‑conditioning systems for both units
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
NOI $42,356 @ 7.0% cap · market cap 8.47%
Second Best
Apartment 5plus
$560.7K
$490.7K – $654.2K
NOI $39,252 @ 7.0% cap · market cap 7.85%
Theoretical Best
Office A
$1.01M
$881.3K – $1.18M
NOI $70,502 @ 7.0% cap · market cap 14.10%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
131
Businesses Nearby
Explore this area
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
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences offer private primary suites, garages, fenced yards, and open living areas.
Where is this duplex located?
The property is located at 5887 Littlestone Ct Unit B 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: Approximately 3,200 total square feet with two 3‑bedroom, 2‑bath residences; Each unit includes a 2‑car garage and screened patio; 2023 dimensional shingle roof and 2023 air‑conditioning systems for both units
