Duplex with Central
For Sale
$364,000
732/734 Holmes Avenue, Lehigh Acres, FL 33974
The 2008 residential property has electric central air conditioning and ceiling fans.
Property Size2,330 SF
Days on Market130
Property Features for 732/734 Holmes Avenue
General Information
Standard status
Active
Size
2,330 SF
Property subtype
Residential Income
Zoning
RM-2
Net Operating Income
$17,280
Taxes and HOA fees
Annual Taxes
$5,175
Amenities
Central Air, Ceiling Fan(s), Electric
Central, Electric
Duplex
Building Details
Building Size
2,330 SF
Year Built
2008
Listing Agency:
Keller Williams Realty Naples
Listed By:
Denny Grimes · License #258000307
(239) 689-7600
Source:
Evrealestate
Added: Jun 13
Changed: Oct 19
Last Checked: Oct 19 at 2:23PM
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 Keller Williams Realty Naples
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Investment Insights
Based on property information with market context.
This duplex in Lehigh Acres was built in 2008 and has central air conditioning, electric service, and ceiling fans. The property is zoned RM-2.
The address is 732/734 Holmes Avenue, Lehigh Acres, Florida 33974. Access is described from SR 82 via Jaguar Boulevard and Holmes Avenue.
The address is 732/734 Holmes Avenue, Lehigh Acres, Florida 33974. Access is described from SR 82 via Jaguar Boulevard and Holmes Avenue.
Key Highlights
- Built in 2008
- RM‑2 zoning
- Central air conditioning and ceiling fans
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,792
Cap Rate
6.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$495,840
$495.8K
Cap Rate 7%
$354,171
$354.2K
Cap Rate 9%
$275,467
$275.5K
Market Conditions
NOI Build-Up for 2,330 SF
Gross rent
$37.7K $16.20/SF
− Vacancy
−$2.3K −$1.00/SF
EGI
$35.4K $15.20/SF
− OpEx
−$10.6K −$4.56/SF
NOI
$24.8K $10.64/SF
Area
ZIP 33974
Vacancy
6.17%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$495,840
Cap Rate 7%
$354,171
Cap Rate 9%
$275,467
Alternative Uses
Best Use
Multifamily LT 5
$354.2K
$309.9K – $413.2K
NOI $24,792 @ 7.0% cap · market cap 6.81%
Second Best
Apartment 5plus
$308.1K
$269.6K – $359.5K
NOI $21,568 @ 7.0% cap · market cap 5.93%
Theoretical Best
Specialty Retail
$897.0K
$784.9K – $1.05M
NOI $62,789 @ 7.0% cap · market cap 17.25%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
37
Businesses Nearby
Explore this area
Business Placement
Demographics for 33974, FL
17,233
Population
5,771
Households
3
Avg Household Size
33
Median Age
16%
College-Educated
84%
High-School Grad
22.4 sq mi
ZIP Area
769
Density / Sq Mi
$65,809
Median Household Income
$33,982
Median Earnings
$1,698
Median Rent
$272,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The 2008 residential property has electric central air conditioning and ceiling fans.
Where is this duplex located?
The property is located at 732/734 Holmes Avenue Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $364,000.
What are key features of this property?
This property features: Built in 2008; RM‑2 zoning; Central air conditioning and ceiling fans
