Lehigh Acres duplex for sale
Two Vacant Doors. More Possibilities.909/911 Homestead Road S
At $249,750 per unit, this newer duplex offers a flexible starting point for investors and owner-occupants alike.
Both Unit 909 and Unit 911 are vacant. Lease both residences, occupy one and rent the other, or establish a rental strategy that fits your goals, subject to applicable requirements.
Because the property was built in 2024 and has been further improved since purchase, it offers a cleaner alternative to older multifamily inventory that may carry more immediate repair and capital-expenditure risk.
- Layout3 Bed / 2 Bath
- Projected Rent$2,000 / Month
- Potential UseOccupy or Lease
- StatusVacant
- Layout3 Bed / 2 Bath
- Current StatusVacant
- Potential UseOccupy or Lease
- Showing AccessAvailable
- Total Living AreaApprox. 2,242 Sq Ft
- ConstructionConcrete Block
- ElectricityVerify New Lease Terms
- HOANone
Both units are vacant. At a projected $2,000 per unit per month, combined rent would be $4,000 per month, or $48,000 in projected annual gross rent. At the $499,500 asking price, that represents approximately 9.6% projected gross rental yield ($48,000 ÷ $499,500), before any expenses. These are projections, not current income or guaranteed results.
Seller-reported annual taxes are $5,073.01 and annual insurance is $889.79. Subtracting only those two expenses from projected annual gross rent leaves $42,037.20 (about $42,037), before vacancy, maintenance, management, reserves, utilities, and other operating costs. This is not net operating income, cash flow, or a cap rate; financing costs are also excluded. Rents, occupancy, yield, and expenses are not guaranteed. Buyers should independently verify rental assumptions, tax assessments, insurance coverage and premiums, and all operating costs.
The owners report completing a collection of practical improvements designed to support everyday use and long-term rental ownership.
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