New-Construction
For Sale
$459,900
873 Eisenhower Blvd, Lehigh Acres, FL 33974
MULTI_FAMILY - Other - LEHIGH ACRES, FL
Property Size3,675 SF
Lot Size0.29 Acres
Price / SF$125.14
Days on Market12
Property Features for 873 Eisenhower Blvd
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RM-2
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bedroom 5, Bedroom 6, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 4
Pets allowed
Yes
Subdivision
LEHIGH ACRES
Lot features
Regular, Regular
Standard status
Active
APN
23-45-27-L3-15058.0090
Size
3,675 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LEHIGH ACSRES UNIT 15 BLK 58 PB 20 PG 35 LOTS 9 + 10
Tax Annual Amount
440
Legal Description
LEHIGH ACSRES UNIT 15 BLK 58 PB 20 PG 35 LOTS 9 + 10
Utilities
Sewer type
Septic Tank
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Well
Amenities
large backyard
Building Details
Year built
2026
Number of units
2
Flooring type
Tile
Building materials
Concrete Block, Stucco
Roof type
Shingle
Architectural style
Other
Listing Agency:
Xclusive Homes LLC
(239) 228-6242
Listed By:
Jose Limpias · License #NAPLES-251500961
(239) 771-1521
Added: Aug 3
Changed: Aug 13
Last Checked: Aug 14 at 7:06PM
MLS# 226028264
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.
Built in 2026, this duplex offers 3,675 square feet on a 0.287-acre parcel with concrete-block and stucco construction. The interior plan includes tile flooring, quartz countertops, white wood cabinetry, stainless steel appliances, and central heating and cooling. Impact-resistant windows and a shingle roof add to the building’s current construction profile, while the large backyard provides additional outdoor space.
The property is located at 873 Eisenhower Blvd in Lehigh Acres, near hospitals, shopping centers, and pharmacies, with access to I-75. RM-2 zoning, well water, and a septic tank are also in place. The duplex format and modern finishes support both owner-occupant and rental-property use as described in the listing information.
The property is located at 873 Eisenhower Blvd in Lehigh Acres, near hospitals, shopping centers, and pharmacies, with access to I-75. RM-2 zoning, well water, and a septic tank are also in place. The duplex format and modern finishes support both owner-occupant and rental-property use as described in the listing information.
Key Highlights
- Duplex completed in 2026 with 3,675 square feet of building area
- 0.287‑acre parcel with a large backyard
- RM‑2 zoning with well water and septic tank
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$39,103
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.50%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$782,060
$782.1K
Cap Rate 7%
$558,614
$558.6K
Cap Rate 9%
$434,478
$434.5K
Market Conditions
NOI Build-Up for 3,675 SF
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.
Gross rent
$59.5K $16.20/SF
− Vacancy
−$3.7K −$1.00/SF
EGI
$55.9K $15.20/SF
− OpEx
−$16.8K −$4.56/SF
NOI
$39.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$782,060
Cap Rate 7%
$558,614
Cap Rate 9%
$434,478
Alternative Uses
Best Use
Multifamily LT 5
$558.6K
$488.8K – $651.7K
NOI $39,103 @ 7.0% cap · market cap 8.50%
Second Best
Apartment 5plus
$486.0K
$425.2K – $567.0K
NOI $34,018 @ 7.0% cap · market cap 7.40%
Theoretical Best
Specialty Retail
$1.41M
$1.24M – $1.65M
NOI $99,033 @ 7.0% cap · market cap 21.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - RM-2-zoned income property with contemporary finishes, impact-resistant windows, and central air conditioning.
Where is this duplex located?
The property is located at 873 Eisenhower Blvd Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $459,900.
What are key features of this property?
This property features: Duplex completed in 2026 with 3,675 square feet of building area; 0.287‑acre parcel with a large backyard; RM‑2 zoning with well water and septic tank
