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New Construction Duplex with Garages
New
For Sale
$605,000

2924 Wallace Avenue S, Lehigh Acres, FL 33973

ResidentialIncome, Lehigh Acres, FL

Property SizeContact for details
Lot Size0.44 Acres
Days on Market1

Property Features for 2924 Wallace Avenue S

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Zoning description RM-2
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 6, Bedroom 7, Bedroom 8, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 3, Bathroom 4, Bedroom 3
Patio and Porch features Patio
Pets allowed Yes
Exterior features Patio, RoomForPool
Subdivision LEHIGH ACRES
Lot features Irregular Lot
Standard status Active
APN 31-44-26-L1-02001.0060
Lot size 0.44 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LEHIGH ESTATES UNIT 2 BLK 1 PB 15 PG 82 LOT 6
Tax Annual Amount 726
Legal Description LEHIGH ESTATES UNIT 2 BLK 1 PB 15 PG 82 LOT 6

Utilities

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

Building Details

Year built 2026
Number of units 2
Flooring type Tile
Building materials Block, Concrete, Stucco
Roof type Shingle
Architectural style Other
Listing Agency: Terra Realty Services
Listed By: Anabel Alcantara · License #279579383
Added: Sep 10 Last Checked: Sep 10 at 11:06PM
MLS# 2026038325

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.

This duplex is under construction and is projected for completion in 2026, with each unit providing approximately 2,240 square feet of total area. Both sides include an open kitchen and living arrangement, quartz countertops, extensive cabinetry, a full-size pantry, tile flooring, and bright dining and living spaces. Each unit also has a private 2-car garage, impact-rated garage door, impact windows and doors, plus a den converted to an additional room with a closet.

The 0.4357-acre property includes a patio and room for a pool. Construction uses block, concrete, and stucco, with shingle roofing, central electric heating, central air conditioning, a private well, and a septic tank. The property is awaiting its Certificate of Occupancy.

Key Highlights

  • Duplex with approximately 2,240 sq. ft. of total area per unit
  • 0.4357‑acre lot with patio and room for a pool
  • Private 2‑car garage for each unit

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Parking Lot & Garage Law Firm (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

539
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Each unit offers open-concept living, a private garage, impact-rated openings, and a flexible additional room.
Where is this duplex located?
The property is located at 2924 Wallace Avenue S Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $605,000.
What are key features of this property?
This property features: Duplex with approximately 2,240 sq. ft. of total area per unit; 0.4357‑acre lot with patio and room for a pool; Private 2‑car garage for each unit
More about this property
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