New Construction
For Sale
$519,900
824 Abrams Blvd, Lehigh Acres, FL 33971
Recently built income property with open interiors, modern finishes, and an attached one-car garage.
Property Size1,980 SF
Price / SF$262.58
Days on Market117
Property Features for 824 Abrams Blvd
General Information
Standard status
Active
Size
1,980 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
2026
Buildings
1
Listing Agency:
South Seas Realty & Invest
Listed By:
Debora Fortunato · License #258010815
(239) 989-7034
Source:
Napleshomesearcher
Added: Jun 19
Changed: Oct 1
Last Checked: Oct 12 at 7:54PM
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 South Seas Realty & Invest
Investment Insights
Based on property information with market context.
This duplex is scheduled for completion in 2026 and contains 1,980 square feet of residential space. The design includes open-concept living areas, modern finishes, low-maintenance energy-efficient appliances, and a one-car garage. Each residence is described with three bedrooms and two bathrooms, though the source does not clarify whether that configuration applies per unit or to the property overall.
The property is at 824 Abrams Blvd in Lehigh Acres, Florida, with shopping, dining, schools, and major highways identified in the surrounding area. Its duplex configuration supports both owner-occupant and investment-oriented use, while the new construction provides a recently completed building with contemporary interior features.
The property is at 824 Abrams Blvd in Lehigh Acres, Florida, with shopping, dining, schools, and major highways identified in the surrounding area. Its duplex configuration supports both owner-occupant and investment-oriented use, while the new construction provides a recently completed building with contemporary interior features.
Key Highlights
- Duplex property with 1,980 SF of residential space
- Year built: 2026
- Open‑concept interiors with modern finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,208
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$524,160
$524.2K
Cap Rate 7%
$374,400
$374.4K
Cap Rate 9%
$291,200
$291.2K
Market Conditions
NOI Build-Up for 1,980 SF
Gross rent
$39.2K $19.80/SF
− Vacancy
−$1.8K −$0.89/SF
EGI
$37.4K $18.91/SF
− OpEx
−$11.2K −$5.67/SF
NOI
$26.2K $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%
$524,160
Cap Rate 7%
$374,400
Cap Rate 9%
$291,200
Alternative Uses
Best Use
Multifamily LT 5
$374.4K
$327.6K – $436.8K
NOI $26,208 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$347.0K
$303.6K – $404.8K
NOI $24,287 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$623.2K
$545.3K – $727.1K
NOI $43,623 @ 7.0% cap · market cap 8.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
383
Businesses Nearby
Explore this area
Business Placement
Demographics for 33971, FL
26,333
Population
8,802
Households
3
Avg Household Size
33
Median Age
15%
College-Educated
85%
High-School Grad
17.0 sq mi
ZIP Area
1,549
Density / Sq Mi
$72,784
Median Household Income
$38,898
Median Earnings
$1,678
Median Rent
$271,900
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
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Frequently Asked Questions
What type of property is this?
Duplex - Recently built income property with open interiors, modern finishes, and an attached one-car garage.
Where is this duplex located?
The property is located at 824 Abrams Blvd Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $519,900.
What are key features of this property?
This property features: Duplex property with 1,980 SF of residential space; Year built: 2026; Open‑concept interiors with modern finishes
