2-Unit Duplex with Private
New
For Sale
$580,000
4502 SW 22nd St, Lehigh Acres, FL 33973
Both residences have independent access, contemporary kitchens, and private garages.
Property Size2,410 SF
Price / SF$240.66
Days on Market5
Property Features for 4502 SW 22nd St
General Information
Standard status
Active
Size
2,410 SF
Total Parking Spaces
4
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Parking per Unit
2
Additional Details
Utilities to Site
Yes
Building Details
Year Built
2024
Buildings
1
Construction
concrete block
Listing Agency:
Sellstate 5 Star Realty
(239) 491-2430
Listed By:
Ted Stout · License #274500881
(239) 313-8020
Source:
Realmarkrealty
Added: Oct 9
Changed: Oct 13
Last Checked: Oct 12 at 8:07PM
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 Sellstate 5 Star Realty
Investment Insights
Based on property information with market context.
Built in 2024, this 2,410-square-foot duplex contains two residences, each with three bedrooms, two bathrooms, and a private two-car garage. Separate entrances serve the units, which feature open layouts, porcelain tile flooring, white cabinetry, quartz counters, and stainless steel appliances. Each residence also includes a primary suite with a walk-in closet and dual sinks. The concrete-block structure has a stucco exterior, impact windows, a new roof, and separate utility meters. There is no HOA.
The property is in southwest Lehigh Acres, with access to Lee Boulevard, Gunnery Road, and Sunshine Boulevard. Shopping, dining, and schools are identified in the surrounding area, and Fort Myers and RSW Airport are accessible by car.
The property is in southwest Lehigh Acres, with access to Lee Boulevard, Gunnery Road, and Sunshine Boulevard. Shopping, dining, and schools are identified in the surrounding area, and Fort Myers and RSW Airport are accessible by car.
Key Highlights
- Two residences, each with 3 bedrooms, 2 bathrooms, and a private 2‑car garage
- 2,410 square feet; built in 2024
- Concrete‑block construction with stucco exterior, impact windows, and a new roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,899
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$637,980
$638.0K
Cap Rate 7%
$455,700
$455.7K
Cap Rate 9%
$354,433
$354.4K
Market Conditions
NOI Build-Up for 2,410 SF
Gross rent
$47.7K $19.80/SF
− Vacancy
−$2.1K −$0.89/SF
EGI
$45.6K $18.91/SF
− OpEx
−$13.7K −$5.67/SF
NOI
$31.9K $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%
$637,980
Cap Rate 7%
$455,700
Cap Rate 9%
$354,433
Alternative Uses
Best Use
Multifamily LT 5
$455.7K
$398.7K – $531.7K
NOI $31,899 @ 7.0% cap · market cap 5.50%
Second Best
Apartment 5plus
$422.3K
$369.5K – $492.7K
NOI $29,562 @ 7.0% cap · market cap 5.10%
Theoretical Best
Office A
$758.5K
$663.7K – $885.0K
NOI $53,097 @ 7.0% cap · market cap 9.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
105
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences have independent access, contemporary kitchens, and private garages.
Where is this duplex located?
The property is located at 4502 SW 22nd St Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms, 2 bathrooms, and a private 2‑car garage; 2,410 square feet; built in 2024; Concrete‑block construction with stucco exterior, impact windows, and a new roof
