Six-Bedroom Duplex Under
For Sale
$499,900
Pending
105/107 Meadow Rd, Lehigh Acres, FL 33973
Residential Income, Duplex, LEHIGH ACRES, FL
Property Size3,140 SF
Lot Size0.28 Acres
Days on Market95
Property Features for 105/107 Meadow Rd
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
RM-2
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bedroom 6, Bedroom 1, Bedroom 5, Bathroom 4, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 2, Bathroom 3
Pets allowed
Yes
Subdivision
LEHIGH ACRES
Lot features
Regular, Regular
Standard status
Pending
APN
31-44-26-L1-02027.0160
Size
3,140 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LEHIGH ESTATES UNIT 2 BLK 27 PB 15 PG 82 LOT 16
Tax Annual Amount
928
Legal Description
LEHIGH ESTATES UNIT 2 BLK 27 PB 15 PG 82 LOT 16
Utilities
Sewer type
Septic Tank
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Well
Amenities
security camera system
Building Details
Year built
2026
Number of units
2
Flooring type
Tile
Building materials
Concrete Block, Stucco
Roof type
Shingle
Architectural style
Other
Listing Agency:
Premiere Plus Realty Company
(239) 732-7837
Listed By:
Gio Valencia · License #249525717
(239) 285-9065
Added: Jul 15
Changed: Oct 16
Last Checked: Oct 17 at 12:06AM
MLS# 226025438
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.
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Investment Insights
Based on property information with market context.
Under construction for 2026 completion, this duplex contains 3,140 square feet with six bedrooms and four bathrooms. Each residence includes a one-car garage, laundry area, tile flooring, recessed LED lighting, wood cabinetry, stainless steel appliances, and quartz surfaces in the kitchens and bathrooms. Primary suites feature rainfall shower heads with handheld sprayers. Custom closets and ventilated pantry shelving add organized storage.
The property sits on a 0.28-acre lot in Lehigh Acres near shopping and everyday conveniences. Construction includes concrete block and stucco, impact-rated doors and windows, a security camera system, sprinkler irrigation, rock landscaping, gutters, and soffits. Electric central heating and central air, a shingle roof, well water, and a septic tank are also specified. A one-year systems and appliance warranty and a 10-year structural warranty convey.
The property sits on a 0.28-acre lot in Lehigh Acres near shopping and everyday conveniences. Construction includes concrete block and stucco, impact-rated doors and windows, a security camera system, sprinkler irrigation, rock landscaping, gutters, and soffits. Electric central heating and central air, a shingle roof, well water, and a septic tank are also specified. A one-year systems and appliance warranty and a 10-year structural warranty convey.
Key Highlights
- 3,140‑square‑foot duplex with six bedrooms and four bathrooms
- Under construction with a 2026 year built
- Each residence includes a one‑car garage and separate laundry area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,562
Cap Rate
8.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$831,240
$831.2K
Cap Rate 7%
$593,743
$593.7K
Cap Rate 9%
$461,800
$461.8K
Market Conditions
NOI Build-Up for 3,140 SF
Gross rent
$62.2K $19.80/SF
− Vacancy
−$2.8K −$0.89/SF
EGI
$59.4K $18.91/SF
− OpEx
−$17.8K −$5.67/SF
NOI
$41.6K $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%
$831,240
Cap Rate 7%
$593,743
Cap Rate 9%
$461,800
Alternative Uses
Best Use
Multifamily LT 5
$593.7K
$519.5K – $692.7K
NOI $41,562 @ 7.0% cap · market cap 8.31%
Second Best
Apartment 5plus
$550.2K
$481.5K – $641.9K
NOI $38,516 @ 7.0% cap · market cap 7.70%
Theoretical Best
Office A
$988.3K
$864.8K – $1.15M
NOI $69,180 @ 7.0% cap · market cap 13.84%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
344
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - RM-2-zoned duplex with private garages, contemporary finishes, and separate laundry areas for each residence.
Where is this duplex located?
The property is located at 105/107 Meadow Rd Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 3,140‑square‑foot duplex with six bedrooms and four bathrooms; Under construction with a 2026 year built; Each residence includes a one‑car garage and separate laundry area
