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New Construction Duplex with Dens
For Sale
$534,999

945 Homestead Rd S, Lehigh Acres, FL 33974

Two independent residences offer flexible layouts, contemporary finishes, and convenient access to area shopping, dining, schools, and major roads.

Property Size2,400 SF
Price / SF$222.92
Days on Market213

Property Features for 945 Homestead Rd S

General Information

Standard status Active
Size 2,400 SF
Property subtype Multi-Family

Building Details

Year Built 2026
Listing Agency: Starlink Realty, Inc
Listed By: Yusimi Sousa · License #258009449
Source: Naplespropertyguide
Added: Mar 18 Changed: Oct 4 Last Checked: Oct 16 at 9:20AM

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 Starlink Realty, Inc

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Investment Insights

Based on property information with market context.

Built in 2026, this 2,400-square-foot duplex contains two separately accessed residences, with each entrance oriented toward a different street. Both units provide two bedrooms, a den, and two full bathrooms, along with open interiors finished with ceramic tile flooring. Kitchens feature quartz countertops, adding a contemporary finish to the practical residential layout.

The property is located in Lehigh Acres near shops, restaurants, schools, and major thoroughfares. It has no HOA fees and is outside a flood zone. Separate entrances and the additional den in each residence support a flexible configuration for occupants or rental use.

Key Highlights

  • 2,400 SF duplex completed in 2026
  • Each unit includes 2 bedrooms, a den, and 2 full bathrooms
  • Separate entrances face different streets

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,537
Cap Rate
4.77%
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 (±1% cap)
NOI $25,537 @ 7.0% cap · market cap 4.77%
Second Best
Apartment 5plus
$317.4K
$277.7K – $370.3K (±1% cap)
NOI $22,216 @ 7.0% cap · market cap 4.15%
Theoretical Best
Specialty Retail
$923.9K
$808.4K – $1.08M (±1% cap)
NOI $64,675 @ 7.0% cap · market cap 12.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Building Supply Real Estate Agency Auto Repair Shop Garden Center Grocery & Convenience Store Restaurant

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

Location Intelligence

Trade Area within ½ mile

11
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 independent residences offer flexible layouts, contemporary finishes, and convenient access to area shopping, dining, schools, and major roads.
Where is this duplex located?
The property is located at 945 Homestead Rd S Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $534,999.
What are key features of this property?
This property features: 2,400 SF duplex completed in 2026; Each unit includes 2 bedrooms, a den, and 2 full bathrooms; Separate entrances face different streets
More about this property
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