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Duplex with Private Garages
New
For Sale
$519,000

4531 18th Street Sw, Lehigh Acres, FL 33973

Separate utility service and individual driveways give each residence independent access and service.

Property Size2,350 SF
Price / SF$220.85
Days on Market3

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
Utilities to Site Yes

Additional Details

Multifamily Units 2

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
Buildings 1
Listing Agency:
Listed By: Ian Clausen
Source: Clausenproperties
Added: Oct 30 Changed: Oct 31 Last Checked: Oct 31 at 3:23AM

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 Ian Clausen

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Investment Insights

Based on property information with market context.

Built in 2025, this RM-2-zoned duplex contains 2350 square feet across two residences. Each side has an open-concept layout, a private one-car garage, and its own driveway; utility service is separate between the units. Tile flooring and impact glass are among the listed interior features, and the property includes a patio.

The property sits on a 0.2839-acre corner lot at 4531 18th Street SW in Lehigh Acres, Florida. The listed parcel dimensions are 93 x 125 x 100 x 100, and the property is served by a well.

Key Highlights

  • Two‑unit duplex built in 2025 with 2350 square feet
  • RM‑2 zoning
  • 0.2839‑acre corner lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,105
Cap Rate
5.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$622,100 $622.1K
Cap Rate 7%
$444,357 $444.4K
Cap Rate 9%
$345,611 $345.6K
Market Conditions
NOI Build-Up for 2,350 SF
Gross rent
$46.5K $19.80/SF
− Vacancy
−$2.1K −$0.89/SF
EGI
$44.4K $18.91/SF
− OpEx
−$13.3K −$5.67/SF
NOI
$31.1K $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%
$622,100
Cap Rate 7%
$444,357
Cap Rate 9%
$345,611

Alternative Uses

Best Use
Multifamily LT 5
$444.4K
$388.8K – $518.4K (±1% cap)
NOI $31,105 @ 7.0% cap · market cap 5.99%
Second Best
Apartment 5plus
$411.8K
$360.3K – $480.4K (±1% cap)
NOI $28,826 @ 7.0% cap · market cap 5.55%
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
Yes
Utilities to site

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

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 - Separate utility service and individual driveways give each residence independent access and 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: Two‑unit duplex built in 2025 with 2350 square feet; RM‑2 zoning; 0.2839‑acre corner lot
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Includes: Price & PSF · Cap rate · Location · Zoning

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