Corner-Lot Duplex with
For Sale
$524,900
884-886 Milwaukee Blvd, Lehigh Acres, FL 33974
Newly built duplex with private unit orientations, modern finishes, and one residence already producing rental income.
Property Size2,400 SF
Price / SF$218.71
Days on Market92
Property Features for 884-886 Milwaukee Blvd
General Information
Standard status
Active
Size
2,400 SF
Total Parking Spaces
1
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
2026
Buildings
1
Listing Agency:
Realty One Group MVP
Listed By:
Gloria Velez, LLC · License #249515950
(239) 784-6427
Source:
Naplesareapropertysearch
Added: Jul 14
Changed: Oct 1
Last Checked: Oct 12 at 8:03PM
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 Realty One Group MVP
Investment Insights
Based on property information with market context.
Completed in 2026, this 2,400-square-foot duplex is designed with each residence oriented toward a separate street, providing added separation between the units. Each side includes three bedrooms, two full bathrooms, a one-car garage, and an open living area connected to a modern kitchen. The interiors feature quartz countertops, kitchen islands, stainless steel Whirlpool appliances, porcelain tile flooring, high ceilings, tray ceilings in select rooms, and impact-resistant windows.
One unit is currently rented, while the second can support owner occupancy or an additional lease. The property is positioned near golf courses, shopping, schools, restaurants, and other local amenities.
One unit is currently rented, while the second can support owner occupancy or an additional lease. The property is positioned near golf courses, shopping, schools, restaurants, and other local amenities.
Key Highlights
- 2,400 SF duplex completed in 2026
- Each unit faces a different street for added separation
- Both residences offer 3 bedrooms, 2 full bathrooms, and a 1‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,537
Cap Rate
4.87%
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 4.87%
Second Best
Apartment 5plus
$317.4K
$277.7K – $370.3K
NOI $22,216 @ 7.0% cap · market cap 4.23%
Theoretical Best
Specialty Retail
$923.9K
$808.4K – $1.08M
NOI $64,675 @ 7.0% cap · market cap 12.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
38
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
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Frequently Asked Questions
What type of property is this?
Duplex - Newly built duplex with private unit orientations, modern finishes, and one residence already producing rental income.
Where is this duplex located?
The property is located at 884-886 Milwaukee Blvd Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $524,900.
What are key features of this property?
This property features: 2,400 SF duplex completed in 2026; Each unit faces a different street for added separation; Both residences offer 3 bedrooms, 2 full bathrooms, and a 1‑car garage
