New Construction
For Sale
$499,999
874/876 E Duplex St, Lehigh Acres, FL 33974
Two spacious residences feature upgraded finishes, modern appliances, and direct access to Fort Myers.
Property Size2,392 SF
Price / SF$209.03
Days on Market49
Property Features for 874/876 E Duplex St
General Information
Standard status
Active
Size
2,392 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Building Details
Year Built
2026
Buildings
1
Listing Agency:
Premiere Plus Realty Company
(239) 732-7837
Listed By:
Ted Stout · License #274500881
(239) 313-8020
Source:
Realmarkrealty
Added: Aug 28
Changed: Oct 15
Last Checked: Oct 14 at 10:51PM
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 Premiere Plus Realty Company
Investment Insights
Based on property information with market context.
This duplex contains two separately configured residences, each with three bedrooms, two bathrooms, 1,196 square feet of living area, and 1,640 square feet of total area. Built in 2026, the property includes impact-resistant windows and doors, porcelain tile flooring, stainless steel appliances, quartz countertops, and wood cabinetry. Each residence also offers dual sinks in the primary bathroom, a walk-in primary closet, and tray-ceiling details in the living, dining, and primary bedroom areas.
The property is located at 874/876 E Duplex St in Lehigh Acres, with access to Fort Myers. It is not located in a flood zone.
The property is located at 874/876 E Duplex St in Lehigh Acres, with access to Fort Myers. It is not located in a flood zone.
Key Highlights
- Two residences, each with 3 bedrooms and 2 bathrooms
- Each side includes 1196 sf of living area and 1640 sf of total area
- Built in 2026 with impact windows and doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,452
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$509,040
$509.0K
Cap Rate 7%
$363,600
$363.6K
Cap Rate 9%
$282,800
$282.8K
Market Conditions
NOI Build-Up for 2,392 SF
Gross rent
$38.8K $16.20/SF
− Vacancy
−$2.4K −$1.00/SF
EGI
$36.4K $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%
$509,040
Cap Rate 7%
$363,600
Cap Rate 9%
$282,800
Alternative Uses
Best Use
Multifamily LT 5
$363.6K
$318.2K – $424.2K
NOI $25,452 @ 7.0% cap · market cap 5.09%
Second Best
Apartment 5plus
$316.3K
$276.8K – $369.0K
NOI $22,142 @ 7.0% cap · market cap 4.43%
Theoretical Best
Specialty Retail
$920.8K
$805.7K – $1.07M
NOI $64,459 @ 7.0% cap · market cap 12.89%
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
43
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two spacious residences feature upgraded finishes, modern appliances, and direct access to Fort Myers.
Where is this duplex located?
The property is located at 874/876 E Duplex St Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 bathrooms; Each side includes 1196 sf of living area and 1640 sf of total area; Built in 2026 with impact windows and doors
