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Brand-New Duplex with Two Bedrooms

700 E 12th St Lehigh Acres, FL 33972

700 E 12th St, Lehigh Acres, FL, 33972
$449,990
For Sale
$449,990

SINGLE_FAMILY - Other - LEHIGH ACRES, FL

Property Size1,136 SF
Lot Size0.24 Acres
Price / SF$396.12
Days on Market103

Property Features for 700 E 12th St

General Information

Property type
Residential
Property subtype
Duplex
Property condition
Under Construction
Zoning
RM-2
Bedrooms
6
Bathrooms
4
Rooms
Bedroom 5, Bedroom 4, Bathroom 4, Bedroom 6, Family Room, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 3, Den, Bedroom 3
Parking
2
Parking features
Assigned
Pets allowed
Yes
Interior features
Built-In Cabinets, Pantry
Appliances
Dishwasher, Microwave, Refrigerator
Standard status
Active
APN
21-44-27-L2-2000K.0140
Size
1,136 SF
Lot size
0.24 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
TWELFTH STREET PARK BLK K PB 15 PG 25 LOT 14
Tax Annual Amount
391

Utilities

Sewer type
Septic Tank
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Well

Building Details

Year built
2026
Floors in Building
1
Number of units
1
Flooring type
Tile
Building materials
Concrete Block, Stucco
Roof type
Shingle
Architectural style
Other
Listing Agency EXP Realty LLC
1217 Piper Blvd Suite 102, Jacksonville, FL
Listed by Claire Gogan · License #3253947
Added: Apr 9 Updated: Jul 11 at 9:34 am Checked: Jul 20 at 7:06 pm
MLS# 226014761 Listing URL

Copyright © 2026 Naples Area Board of REALTORS. 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.

Brand-new construction duplex featuring two separate units. Each side includes two bedrooms plus a den and two full bathrooms, creating a flexible layout with den space on both sides. The interiors are finished with porcelain tile throughout and impact-resistant windows and doors. Kitchens are equipped with brand-new stainless steel GE appliances, and both units include pantry cabinetry for added storage. Bathrooms feature glass-enclosed shower and tub combinations. A one-year builder warranty is included.

The property is located in Lehigh Acres, Florida within RM-2 zoning. The address is 700 E 12th St.

Ideal for owner-occupants or investors seeking a duplex configuration with four bedrooms plus two dens and four full baths total across the property.

Key Highlights

  • Brand‑new duplex under construction, built in 2026, offering a live‑in‑and‑rent setup
  • Each side includes 2 bedrooms plus a den and 2 full bathrooms, with a total of 4 bedrooms and 4 full baths per duplex
  • Kitchen features include pantry and built‑in cabinets, plus GE dishwasher, microwave, and refrigerator

Local 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 $22.5k $19.80
− Vacancy −$1.0k −$0.89
EGI $21.5k $18.91
− OpEx −$6.4k −$5.67
NOI $15.0k $13.24
1,136 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$214.8K
$188.0K – $250.6K (±1% cap)
NOI $15,036 @ 7.0% cap · market cap 3.34%
Second Best
Apartment 5plus
$199.1K
$174.2K – $232.2K (±1% cap)
NOI $13,934 @ 7.0% cap · market cap 3.10%
Theoretical Best
Office A
$357.5K
$312.9K – $417.1K (±1% cap)
NOI $25,028 @ 7.0% cap · market cap 5.56%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Building Supply Auto Repair Shop HVAC Service Kitchen & Bath Showroom Garden Center Plumbing Service (Bike/Boat/Book/etc) Store Gym & Fitness Center Pet Grooming Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Newly constructed duplex offers two residences, each with two bedrooms, a den, and two full bathrooms.
Where is this duplex located?
The property is located at 700 E 12th St Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $449,990.
What are key features of this property?
This property features: Brand‑new duplex under construction, built in 2026, offering a live‑in‑and‑rent setup; Each side includes 2 bedrooms plus a den and 2 full bathrooms, with a total of 4 bedrooms and 4 full baths per duplex; Kitchen features include pantry and built‑in cabinets, plus GE dishwasher, microwave, and refrigerator
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