5119 24th St SW Lehigh Acres, FL 33973
MULTI_FAMILY - Other - LEHIGH ACRES, FL
Property Features for 5119 24th St SW
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Zoning
- RM-2
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bedroom 6, Bedroom 4, Bathroom 3, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 5
- Pets allowed
- Yes
- Standard status
- Active
- APN
- 31-44-26-L2-02006.0040
- Size
- 2,400 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LEHIGH ESTATES UNIT 2 BLK 6 PB 15 PG 82 LOT 4
- Tax Annual Amount
- 807
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Well
Building Details
- Year built
- 2026
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Concrete Block, Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Gio Valencia License #NAPLES-249525717 (239) 285-9065
Listing office Premiere Plus Realty Company 9015 Strada Stell Ct. #104, Naples, FL (239) 732-7837
Listing date Apr 14, 2026
Copyright © 2026 Naples Area Board of REALTORS. 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.
The property is set on an oversized lot and is zoned RM-2. Additional exterior and utility elements include gutters and soffits surrounding the entire property, and garage laundry areas with Kilz epoxy imitation painted flooring. The listing notes premium landscaping and a one-year warranty on appliances and systems, supported by a ten-year structural warranty.
With unit layouts designed for everyday convenience, this duplex may fit buyers seeking a residential income property with modern finishes and included security and irrigation features. The seller also mentions an estimated rental income of up to $60,000 per year, and realtors are welcome to call for details.
Key Highlights
- 2026‑built duplex under construction with 6 bedrooms and 4 bathrooms
- Up to an estimated $60,000/year rental income and seller offering concessions for closing costs
- 24x24 ceramic tile flooring, recessed LED lighting, and stainless steel kitchen appliances
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.5k | $19.80 |
| − Vacancy | −$2.1k | −$0.89 |
| EGI | $45.4k | $18.91 |
| − OpEx | −$13.6k | −$5.67 |
| NOI | $31.8k | $13.24 |
