Duplex with Two-Car
For Sale
$464,000
832 Burns Ave S, Lehigh Acres, FL 33974
Newly built duplex featuring durable tile finishes, granite countertops, and wood cabinetry in both residences.
Property Size2,400 SF
Price / SF$193.33
Days on Market81
Property Features for 832 Burns Ave S
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Parking per Unit
2
Building Details
Year Built
2026
Buildings
1
Listing Agency:
RB Real Estate LLC
Listed By:
D'Nayla McGee
(239) 745-2627
Source:
Naplesareapropertysearch
Added: Jul 28
Changed: Oct 1
Last Checked: Oct 12 at 8:32PM
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 RB Real Estate LLC
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Investment Insights
Based on property information with market context.
Completed in 2026, this 2,400-square-foot duplex contains two residences, each offering three bedrooms, two bathrooms, and a two-car garage. The interiors feature tile flooring throughout, granite countertops, and wood cabinetry, providing a consistent finish package across both units.
The property is located at 832 Burns Ave S in Lehigh Acres, Florida. Its two-unit configuration supports a range of ownership strategies, including occupying one residence while leasing the other, accommodating extended family, or operating both units as a residential income property.
The property is located at 832 Burns Ave S in Lehigh Acres, Florida. Its two-unit configuration supports a range of ownership strategies, including occupying one residence while leasing the other, accommodating extended family, or operating both units as a residential income property.
Key Highlights
- 2026‑built duplex with 2,400 square feet
- Each unit includes 3 bedrooms and 2 bathrooms
- 2‑car garage provided for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,537
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,740
$510.7K
Cap Rate 7%
$364,814
$364.8K
Cap Rate 9%
$283,744
$283.7K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$38.9K $16.20/SF
− Vacancy
−$2.4K −$1.00/SF
EGI
$36.5K $15.20/SF
− OpEx
−$10.9K −$4.56/SF
NOI
$25.5K $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%
$510,740
Cap Rate 7%
$364,814
Cap Rate 9%
$283,744
Alternative Uses
Best Use
Multifamily LT 5
$364.8K
$319.2K – $425.6K
NOI $25,537 @ 7.0% cap · market cap 5.50%
Second Best
Apartment 5plus
$317.4K
$277.7K – $370.3K
NOI $22,216 @ 7.0% cap · market cap 4.79%
Theoretical Best
Specialty Retail
$923.9K
$808.4K – $1.08M
NOI $64,675 @ 7.0% cap · market cap 13.94%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
14
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 - Newly built duplex featuring durable tile finishes, granite countertops, and wood cabinetry in both residences.
Where is this duplex located?
The property is located at 832 Burns Ave S Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $464,000.
What are key features of this property?
This property features: 2026‑built duplex with 2,400 square feet; Each unit includes 3 bedrooms and 2 bathrooms; 2‑car garage provided for each unit
