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Duplex With Two Garages

4531 18th Street Sw, Lehigh Acres, FL 33973

For Sale
New
$519,000

Both residences have separate driveways, individual garages, and independent utility service.

Property Size2,350 SF
Price / SF$220.85
Days on Market2

Property Features for 4531 18th Street Sw

General Information

Standard status Active
Size 2,350 SF
Total Parking Spaces 2
Property subtype Residential Income
Zoning RM-2

Site & Location

Neighborhood 37feb17f-86df-4ec0-97d6-70e4e55782ee
Highway Access Yes

Units

Multifamily Units 2
Individually Metered Utilities unspecified utilities

Taxes and HOA fees

Annual Taxes $557

Amenities

Tile
true
4
6
Impact Glass
false
Corner Lot
Well
0.2839
93 x 125 x 100 x 100
Plans
Patio
2350

Building Details

Building Size 2,350 SF
Year Built 2025
Listing Agency: 5 Stars Realty Corp
Listed By: Pamela Weekly
Source: Teamweekly
Added: Nov 10 Last Checked: Nov 10 at 2:12PM

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 5 Stars Realty Corp

Rey
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Investment Insights

Based on property information with market context.

Built in 2025, this duplex contains 2,350 square feet and is configured as two separate residences. Each side has a one-car garage and its own driveway, with separate utility service for the units. Additional property features include impact glass and a patio.

The property occupies a 0.2839-acre corner lot in Lehigh Acres and is zoned RM-2. Its listed lot dimensions are 93 x 125 x 100 x 100 feet. The location is described as minutes from Fort Myers, major highways, shopping, dining, and Southwest Florida International Airport.

Key Highlights

  • 2,350‑square‑foot duplex built in 2025
  • Two one‑car garages and separate driveways
  • Separate utility service for each residence

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,648
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$592,960 $593.0K
Cap Rate 7%
$423,543 $423.5K
Cap Rate 9%
$329,422 $329.4K
Market Conditions
NOI Build-Up for 2,350 SF
Gross rent
$44.6K $18.96/SF
− Vacancy
−$2.2K −$0.94/SF
EGI
$42.4K $18.02/SF
− OpEx
−$12.7K −$5.41/SF
NOI
$29.6K $12.62/SF
Area
Lee County, FL
Vacancy
4.94%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$592,960
Cap Rate 7%
$423,543
Cap Rate 9%
$329,422

Alternative Uses

Best Use
Multifamily LT 5
$423.5K
$370.6K – $494.1K (±1% cap)
NOI $29,648 @ 7.0% cap · market cap 5.71%
Second Best
Apartment 5plus
$390.7K
$341.9K – $455.8K (±1% cap)
NOI $27,348 @ 7.0% cap · market cap 5.27%
Theoretical Best
Office A
$739.6K
$647.2K – $862.9K (±1% cap)
NOI $51,775 @ 7.0% cap · market cap 9.98%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

101
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

Average Price Trend$/SF for Duplexes in Lehigh Acres, FL

$202 Jul
$201 Aug
$197 Sep
$199 Oct

Properties on Market for Duplexes in Lehigh Acres

Jul
Aug
Sep
Oct

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 - Both residences have separate driveways, individual garages, and independent utility service.
Where is this duplex located?
The property is located at 4531 18th Street Sw Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $519,000.
What are key features of this property?
This property features: 2,350‑square‑foot duplex built in 2025; Two one‑car garages and separate driveways; Separate utility service for each residence
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Includes: Price & PSF · Cap rate · Location · Zoning

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