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Newly Built Three-Bedroom Duplex
For Sale
$499,000

4446-4448 24th St SW, Lehigh Acres, FL 33973

Each residence includes an attached garage and an open-concept kitchen with an island and breakfast bar.

Property Size2,400 SF
Price / SF$207.92
Days on Market268

Property Features for 4446-4448 24th St SW

General Information

Standard status Active
Size 2,400 SF
Total Parking Spaces 2
Property subtype Multi-Family

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2
Parking per Unit 1

Additional Details

Highway Access Yes

Amenities

high ceilings
tile floors
open-concept kitchen
island
breakfast bar
quartz countertops
hurricane impact windows
walk in shower
floor to ceiling tile
private patio
large backyard

Building Details

Year Built 2026
Buildings 1
Listing Agency: Compass Florida LLC
Listed By: Ian Alters · License #3509958
Source: Swflhousesforsale
Added: Jan 23 Changed: Oct 1 Last Checked: Oct 16 at 9:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Florida LLC

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Investment Insights

Based on property information with market context.

Completed in 2026, this duplex provides 2,400 square feet of living space across two residences. Each unit contains three bedrooms, two bathrooms, and a one-car attached garage. Interior features include high ceilings, tile flooring, quartz countertops, and open-concept kitchens with islands and breakfast bars. Hurricane impact windows and walk-in showers finished with floor-to-ceiling tile add to the property’s construction and interior specifications.

Outdoor features include a private patio and a large backyard. The property is next to Gateway Charter School and the Amazon fulfillment center, with access to State Route 82 for travel throughout Fort Myers and Southwest Florida. A Home Depot is also identified as coming soon in the surrounding area.

Key Highlights

  • Two‑unit duplex with 2,400 square feet of living space
  • Each unit offers 3 bedrooms, 2 bathrooms, and a one‑car attached garage
  • Built in 2026 with high ceilings and tile flooring throughout

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,767
Cap Rate
6.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$635,340 $635.3K
Cap Rate 7%
$453,814 $453.8K
Cap Rate 9%
$352,967 $353.0K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$47.5K $19.80/SF
− Vacancy
−$2.1K −$0.89/SF
EGI
$45.4K $18.91/SF
− OpEx
−$13.6K −$5.67/SF
NOI
$31.8K $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%
$635,340
Cap Rate 7%
$453,814
Cap Rate 9%
$352,967

Alternative Uses

Best Use
Multifamily LT 5
$453.8K
$397.1K – $529.5K (±1% cap)
NOI $31,767 @ 7.0% cap · market cap 6.37%
Second Best
Apartment 5plus
$420.6K
$368.0K – $490.7K (±1% cap)
NOI $29,439 @ 7.0% cap · market cap 5.90%
Theoretical Best
Office A
$755.4K
$661.0K – $881.3K (±1% cap)
NOI $52,877 @ 7.0% cap · market cap 10.60%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Restaurant Pharmacy

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

96
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence includes an attached garage and an open-concept kitchen with an island and breakfast bar.
Where is this duplex located?
The property is located at 4446-4448 24th St SW Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,400 square feet of living space; Each unit offers 3 bedrooms, 2 bathrooms, and a one‑car attached garage; Built in 2026 with high ceilings and tile flooring throughout
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