Newer Duplex Income
608/610 W 12 Lehigh Acres, FL 33972
For Sale
Contact for pricing
Built in 2023, this duplex features two units with matching three-bedroom, two-bath layouts.
Property Size2,270 SF
Price / SF$211.41
Days on Market17
Property Features for 608/610 W 12
General Information
- Standard status
- Active
- Size
- 2,270 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2023
Listing Agency:
MG Realty & Appraisals, Inc
(305) 263-0084
Listed By:
Migdey Castro · License #3301340
Source:
Crexi
Added: Jul 7
Changed: Jul 22
Last Checked: Jul 22 at 6:32PM
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 MG Realty & Appraisals, Inc
Investment Insights
Based on property information with market context.
Built in 2023, this duplex is designed as a two-unit residential income property with each unit offering three bedrooms and two bathrooms. The overall configuration supports either an owner-occupant setup or a rental-focused approach, with separate, parallel unit layouts.
The property is located in Lehigh Acres, Florida, with convenient access to Buckingham Airport, RSW, and the Lehigh Acres Library.
Each side of the duplex is set up with the same bedroom and bathroom count, providing straightforward comparability between units.
The property is located in Lehigh Acres, Florida, with convenient access to Buckingham Airport, RSW, and the Lehigh Acres Library.
Each side of the duplex is set up with the same bedroom and bathroom count, providing straightforward comparability between units.
Key Highlights
- Duplex built in 2023 with two units featuring matching 3‑bedroom, 2‑bath layouts
- Each unit includes 3 bedrooms and 2 bathrooms
- Spacious 6‑bedroom, 4‑bath duplex overall
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.9k | $19.80 |
| − Vacancy | −$2.0k | −$0.89 |
| EGI | $42.9k | $18.91 |
| − OpEx | −$12.9k | −$5.67 |
| NOI | $30.0k | $13.24 |
2,270 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$429.2K
$375.6K – $500.8K
NOI $30,046 @ 7.0% cap · market cap 6.26%
Second Best
Apartment 5plus
$397.8K
$348.1K – $464.1K
NOI $27,844 @ 7.0% cap · market cap 5.80%
Theoretical Best
Office A
$714.5K
$625.2K – $833.6K
NOI $50,013 @ 7.0% cap · market cap 10.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Built in 2023, this duplex features two units with matching three-bedroom, two-bath layouts.
Where is this duplex located?
The property is located at 608/610 W 12 Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: Duplex built in 2023 with two units featuring matching 3‑bedroom, 2‑bath layouts; Each unit includes 3 bedrooms and 2 bathrooms; Spacious 6‑bedroom, 4‑bath duplex overall
