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Duplex with Attached Garages
For Sale
$485,000

Lehigh Acres, FL 33973, Lehigh Acres, FL 33973

ResidentialIncome, Lehigh Acres, FL

Property Size3,162 SF
Lot Size0.30 Acres
Price / SF$153.38
Days on Market57

Property Features

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Zoning description RM-2
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bathroom 3, Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 5, Bathroom 1, Bedroom 6, Bathroom 4, Bedroom 4
Patio and Porch features Patio
Pets allowed Yes
Exterior features Patio
Lot features Rectangular Lot
Subdivision LEHIGH ACRES
Standard status Active
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 807

Utilities

Sewer type Septic Tank
Heating system Central, Electric (Heating)
Cooling system Electric, Central Air
Water source Well

Building Details

Year built 2026
Number of units 2
Flooring type Tile
Building materials Brick, Block, Concrete, Stucco
Roof type Shingle
Architectural style Other
Listing Agency: Realty One Group MVP
Listed By: Vanessa Pagan · License #258033527
Added: Aug 14 Changed: Oct 8 Last Checked: Oct 9 at 10:06AM
MLS# 2026034630

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.

Investment Insights

Based on property information with market context.

Under construction on a 0.3005-acre lot, this duplex is planned with two separate residences. Each side includes three bedrooms, two full bathrooms, an open living and kitchen area, a primary suite with walk-in closet, laundry room, covered lanai, and an attached one-car garage. The garages have electricity, running water, a window, and a separate exterior door. The building is scheduled for completion in 2026 and uses brick, block, concrete, and stucco construction with tile flooring and a shingle roof.

The property will have well water and a septic system. Each residence is designed with approximately 1,200 square feet of living area and 1,581 square feet under roof; combined, the duplex offers approximately 2,400 square feet of living area and 3,162 square feet under roof. Garage areas may offer flexibility for other uses, subject to permits, zoning requirements, and governmental approvals.

Key Highlights

  • Two‑residence duplex on a 0.3005‑acre lot
  • Each residence offers 3 bedrooms, 2 full bathrooms, and an attached one‑car garage
  • Approximately 2,400 square feet of combined living area and 3,162 square feet under roof

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$41,853
Cap Rate
8.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$837,060 $837.1K
Cap Rate 7%
$597,900 $597.9K
Cap Rate 9%
$465,033 $465.0K
Market Conditions
NOI Build-Up for 3,162 SF
Gross rent
$62.6K $19.80/SF
− Vacancy
−$2.8K −$0.89/SF
EGI
$59.8K $18.91/SF
− OpEx
−$17.9K −$5.67/SF
NOI
$41.9K $13.24/SF
Area
Lee County, FL
Vacancy
4.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$837,060
Cap Rate 7%
$597,900
Cap Rate 9%
$465,033

Alternative Uses

Best Use
Multifamily LT 5
$597.9K
$523.2K – $697.6K (±1% cap)
NOI $41,853 @ 7.0% cap · market cap 8.63%
Second Best
Apartment 5plus
$554.1K
$484.8K – $646.4K (±1% cap)
NOI $38,786 @ 7.0% cap · market cap 8.00%
Theoretical Best
Office A
$995.2K
$870.8K – $1.16M (±1% cap)
NOI $69,665 @ 7.0% cap · market cap 14.36%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

264
Businesses Nearby

Demographics for 33973, FL

12,728
Population
4,286
Households
3
Avg Household Size
28
Median Age
11%
College-Educated
81%
High-School Grad
3.8 sq mi
ZIP Area
3,349
Density / Sq Mi
$57,216
Median Household Income
$34,676
Median Earnings
$1,432
Median Rent
$334,800
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
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence has a private entrance, covered lanai, and three-bedroom, two-bathroom layout.
Where is this duplex located?
The property is located at Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Two‑residence duplex on a 0.3005‑acre lot; Each residence offers 3 bedrooms, 2 full bathrooms, and an attached one‑car garage; Approximately 2,400 square feet of combined living area and 3,162 square feet under roof
More about this property
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