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Duplex with New Roof
For Sale
$349,000

936-938 Eisenhower Blvd, Lehigh Acres, FL 33974

Two units offer screened outdoor enclosures, mixed tile and wood flooring, and recently painted interiors.

Property Size2,496 SF
Price / SF$139.82
Days on Market361

Property Features for 936-938 Eisenhower Blvd

General Information

Standard status Active
Size 2,496 SF
Property subtype Multi-Family

Additional Details

Highway Access Yes
Multifamily Units 2

Amenities

aluminum screened enclosure

Building Details

Year Built 2006
Buildings 1
Listing Agency: VIP Realty Group Inc
Listed By: Ben Rivera · License #258019363
Source: Naplesareahomesearch
Added: Oct 23, 2025 Changed: Oct 1 Last Checked: Oct 16 at 9:33AM

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 VIP Realty Group Inc

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Investment Insights

Based on property information with market context.

This duplex contains 2,496 square feet across two residential units and was built in 2006. Both sides include an aluminum screened enclosure, with tile and wood flooring throughout and fresh interior paint. A roof replacement completed in 2023 is also in place.

The property is located on Eisenhower Boulevard in Lehigh Acres, with access to State Road 82 and I-75 described as a short drive away. Shopping, schools, dining, and major commuter routes are also identified in the surrounding area.

Key Highlights

  • 2,496‑square‑foot duplex with two residential units
  • Roof installed in 2023
  • Aluminum screened enclosure at both units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,558
Cap Rate
7.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$531,160 $531.2K
Cap Rate 7%
$379,400 $379.4K
Cap Rate 9%
$295,089 $295.1K
Market Conditions
NOI Build-Up for 2,496 SF
Gross rent
$40.4K $16.20/SF
− Vacancy
−$2.5K −$1.00/SF
EGI
$37.9K $15.20/SF
− OpEx
−$11.4K −$4.56/SF
NOI
$26.6K $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%
$531,160
Cap Rate 7%
$379,400
Cap Rate 9%
$295,089

Alternative Uses

Best Use
Multifamily LT 5
$379.4K
$332.0K – $442.6K (±1% cap)
NOI $26,558 @ 7.0% cap · market cap 7.61%
Second Best
Apartment 5plus
$330.1K
$288.8K – $385.1K (±1% cap)
NOI $23,104 @ 7.0% cap · market cap 6.62%
Theoretical Best
Specialty Retail
$960.9K
$840.8K – $1.12M (±1% cap)
NOI $67,262 @ 7.0% cap · market cap 19.27%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Garden Center Auto Repair Shop (Bike/Boat/Book/etc) Store Auto Parts Store Daycare Center Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two units offer screened outdoor enclosures, mixed tile and wood flooring, and recently painted interiors.
Where is this duplex located?
The property is located at 936-938 Eisenhower Blvd Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 2,496‑square‑foot duplex with two residential units; Roof installed in 2023; Aluminum screened enclosure at both units
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