Tenant-Occupied
915-917 Graystone Avenue, Lehigh Acres, FL 33974
For Sale
New
$439,900
ResidentialIncome, Lehigh Acres, FL
Property Size2,230 SF
Lot Size0.32 Acres
Price / SF$197.26
Days on Market5
Property Features for 915-917 Graystone Avenue
General Information
Property type
Property subtype
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Pets allowed
Exterior features
Fencing
Appliances
Subdivision
Lot features
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
tile flooring
granite countertops
wood cabinetry
stainless-steel appliances
in-unit laundry
fenced backyards
impact-resistant windows and doors
Building Details
Year built
Number of units
Flooring type
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
Coldwell Banker Realty · Coldwell Banker Real Estate
(239) 275-5500
Listed By:
Damon Vetere · License FL #258019645
(239) 851-5600
Added: Nov 6
Changed: Nov 10
Last Checked: Nov 10 at 3:06AM
MLS# 2026046652
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Completed in 2024, this 2,230-square-foot duplex contains two residences, each configured with three bedrooms and two bathrooms. Tile flooring runs throughout, and each kitchen has granite countertops, wood cabinetry, and stainless-steel appliances. The primary suite in each unit includes an en-suite bathroom and walk-in closet; both homes also have in-unit laundry and separately fenced backyards. Impact-resistant windows and doors are installed, and the property is in Flood Zone X.
The 0.3157-acre property at 915-917 Graystone Avenue is tenant-occupied. Unit 915 has a lease through March 2027, while unit 917 is leased through September 2027. Construction materials include block, concrete, and stucco. The property uses well water and a septic tank, with central electric heating and central air conditioning.
The 0.3157-acre property at 915-917 Graystone Avenue is tenant-occupied. Unit 915 has a lease through March 2027, while unit 917 is leased through September 2027. Construction materials include block, concrete, and stucco. The property uses well water and a septic tank, with central electric heating and central air conditioning.
Key Highlights
- 2024‑built duplex with 2,230 square feet of living area
- Two units, each with 3 bedrooms and 2 bathrooms
- Impact‑resistant windows and doors; property is in Flood Zone X
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,728
Cap Rate
5.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$474,560
$474.6K
Cap Rate 7%
$338,971
$339.0K
Cap Rate 9%
$263,644
$263.6K
Market Conditions
NOI Build-Up for 2,230 SF
Gross rent
$36.1K $16.20/SF
− Vacancy
−$2.2K −$1.00/SF
EGI
$33.9K $15.20/SF
− OpEx
−$10.2K −$4.56/SF
NOI
$23.7K $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%
$474,560
Cap Rate 7%
$338,971
Cap Rate 9%
$263,644
Alternative Uses
Best Use
Multifamily LT 5
$339.0K
$296.6K – $395.5K
NOI $23,728 @ 7.0% cap · market cap 5.39%
Second Best
Apartment 5plus
$294.9K
$258.0K – $344.0K
NOI $20,642 @ 7.0% cap · market cap 4.69%
Theoretical Best
Specialty Retail
$858.5K
$751.2K – $1.00M
NOI $60,094 @ 7.0% cap · market cap 13.66%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
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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
$272,800
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Lehigh Acres, FL
Properties on Market for Duplexes in Lehigh Acres
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences each offer three bedrooms, two bathrooms, private laundry, and a fenced backyard.
Where is this duplex located?
The property is located at 915-917 Graystone Avenue Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: 2024‑built duplex with 2,230 square feet of living area; Two units, each with 3 bedrooms and 2 bathrooms; Impact‑resistant windows and doors; property is in Flood Zone X
