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    New Lehigh Acres Duplex Title is generated by Realmo AI

    4429-4431 28th St SW, Lehigh Acres, FL 33973

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    For Sale
    $550,000

    MULTI_FAMILY - Other - LEHIGH ACRES, FL

    Type:Duplex
    Property size:
    3,360 SF
    Lot size:
    0.29 Acres
    Price / SF:
    $163/SF
    Added:
    Mar 19, 2026
    Days on Market:
    104
    Last Refresh:
    Jun 30 at 7:06 pm

    Property Features for 4429-4431 28th St SW

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Property condition
    Under Construction
    Zoning
    RM-2
    Bedrooms
    4
    Rooms
    Bedroom 2, Bedroom 4, Bedroom 3, Bedroom 1
    Pets allowed
    Yes
    Standard status
    Active
    APN
    04-45-26-L3-05021.0220
    Size
    3,360 SF
    Lot size
    0.29 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LEHIGH ESTATES UNIT 5 BLK 21 PB 15 PG 85 LOT 22
    Tax Annual Amount
    805

    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

    We can help!

    Contact an agent
    Reinier Perez

    Listing agent Reinier Perez License #NAPLES-249528682

    Listing office Xclusive Homes LLC 5425 Golden Gate Pkwy Ste 4, Naples, FL

    Listing date Mar 19, 2026

    MLS# 226011849 Listing URL

    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.

    HighLights

    • Brand new oversized duplex under construction, planned for 2026 completion (3,360 total SF).
    • Each unit is set up as 2 bedrooms plus den/office with 2 bathrooms and additional storage.
    • Planned interior finishes include solid wood cabinetry and quartz countertops.
    • Utilities: well water and septic tank sewer system.
    • Climate systems: central air with electric heating and 4 independent A/C systems for unit control.
    • Exterior/structure: concrete block with stucco; shingle roof.

    Overview

    This new construction duplex in Lehigh Acres offers a rare opportunity with its larger-than-average size of 3,360 total sqft. Located in one of Lehigh Acres' fastest-growing areas, this property provides significantly more space than typical duplexes in the area. Each unit includes 2 bedrooms, a den/office, 2 bathrooms, and additional storage, creating flexible living spaces suitable for tenants or owner-occupants. The interior finishes feature solid wood cabinetry, quartz countertops, and a modern design. Constructed for durability and efficiency, the property includes impact-resistant windows and 4 independent A/C systems, allowing each unit full control and reducing long-term maintenance concerns. The property sits on a 0.2899-acre lot. The zoning is RM-2. The estimated rental income is $1,900-$2,200 per unit, making this a strong income-producing asset with excellent long-term potential. It is perfect for investors or buyers looking to live in one unit while generating income from the other.

    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 $66.5k $19.80
    − Vacancy −$3.0k −$0.89
    EGI $63.5k $18.91
    − OpEx −$19.1k −$5.67
    NOI $44.5k $13.24
    3,360 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $635.3K
    $555.9K – $741.2K (±1% cap)
    NOI $44,474 @ 7.0% cap · market cap 8.09%
    Second Best
    Apartment 5plus
    $588.8K
    $515.2K – $686.9K (±1% cap)
    NOI $41,215 @ 7.0% cap · market cap 7.49%
    Theoretical Best
    Office A
    $1.06M
    $925.4K – $1.23M (±1% cap)
    NOI $74,028 @ 7.0% cap · market cap 13.46%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Auto Repair Shop Gym & Fitness Center Pharmacy Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lehigh Acres
    County
    Lee
    State
    Florida
    Longitude
    -81.716511
    Latitude
    26.586908

    FAQs

    What type of property is this?
    Duplex - New construction duplex with high income potential in Lehigh Acres.
    Where is this duplex located?
    The property is located at 4429-4431 28th St SW Lehigh Acres, FL.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: Brand new oversized duplex under construction, planned for 2026 completion (3,360 total SF).; Each unit is set up as 2 bedrooms plus den/office with 2 bathrooms and additional storage.; Planned interior finishes include solid wood cabinetry and quartz countertops.
    More about this property
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