Duplex with Attached
For Sale
$479,900
740-742 Gordon AVE S, Lehigh Acres, FL 33973
Built in 2026, the property includes one leased unit and a two-bedroom, two-bathroom layout with a den in each residence.
Property Size2,400 SF
Price / SF$199.96
Days on Market355
Property Features for 740-742 Gordon AVE S
General Information
Standard status
Active
Size
2,400 SF
Total Parking Spaces
4
Property subtype
Duplex
Site & Location
Neighborhood
37feb17f-86df-4ec0-97d6-70e4e55782ee
Highway Access
Yes
Units
Unit Mix
2 x 2BR/2BA/1Den
Multifamily Units
2
Parking per Unit
2
Additional Details
Sprinkler System
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$472
Amenities
water softener systems
Building Details
Building Size
2,400 SF
Year Built
2026
Buildings
1
Tenancy
Single
Listing Agency:
Sellstate 5 Star Realty
(239) 247-9872
Listed By:
Eddie Chen · License #258034903
(239) 491-2430
Source:
Alfredrobbins
Added: Nov 11, 2025
Changed: Oct 31
Last Checked: Oct 30 at 9:14PM
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 Sellstate 5 Star Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Completed in 2026, this 2,400-square-foot duplex contains two residences, each arranged with two bedrooms, two bathrooms, and a den. Each unit has a two-car garage, impact-rated windows and doors, tile floors, white cabinetry, granite countertops, and new appliances. Both residences also have water softeners and sprinkler systems. One unit is currently leased.
The property is near SR-82 and I-75, with access to Fort Myers and Cape Coral. Shopping, dining, schools, and major employers are also identified in the surrounding area.
The property is near SR-82 and I-75, with access to Fort Myers and Cape Coral. Shopping, dining, schools, and major employers are also identified in the surrounding area.
Key Highlights
- 2026‑built duplex with 2,400 square feet
- Two units, each with 2 bedrooms, 2 bathrooms, and a den
- Two‑car garage for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,767
Cap Rate
6.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$635,340
$635.3K
Cap Rate 7%
$453,814
$453.8K
Cap Rate 9%
$352,967
$353.0K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$47.5K $19.80/SF
− Vacancy
−$2.1K −$0.89/SF
EGI
$45.4K $18.91/SF
− OpEx
−$13.6K −$5.67/SF
NOI
$31.8K $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%
$635,340
Cap Rate 7%
$453,814
Cap Rate 9%
$352,967
Alternative Uses
Best Use
Multifamily LT 5
$453.8K
$397.1K – $529.5K
NOI $31,767 @ 7.0% cap · market cap 6.62%
Second Best
Apartment 5plus
$420.6K
$368.0K – $490.7K
NOI $29,439 @ 7.0% cap · market cap 6.13%
Theoretical Best
Office A
$755.4K
$661.0K – $881.3K
NOI $52,877 @ 7.0% cap · market cap 11.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Single-tenant
Tenancy
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
94
Businesses Nearby
Explore this area
Business Placement
Demographics for 33973, FL
12,728
Population
4,286
Households
3
Avg Household Size
28
Median Age
11%
College-Educated
81%
High-School Grad
3.8 sq mi
ZIP Area
3,349
Density / Sq Mi
$57,216
Median Household Income
$34,676
Median Earnings
$1,432
Median Rent
$334,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Built in 2026, the property includes one leased unit and a two-bedroom, two-bathroom layout with a den in each residence.
Where is this duplex located?
The property is located at 740-742 Gordon AVE S 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: 2026‑built duplex with 2,400 square feet; Two units, each with 2 bedrooms, 2 bathrooms, and a den; Two‑car garage for each residence
