Newly Built Upgraded
For Sale
$499,999
4532/4534 22nd St SW, Lehigh Acres, FL 33973
Two matching residences offer flexible layouts, contemporary finishes, and convenient access to Fort Myers.
Property Size2,392 SF
Price / SF$209.03
Days on Market369
Property Features for 4532/4534 22nd St SW
General Information
Standard status
Active
Size
2,392 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR+Den/2BA
Multifamily Units
2
Building Details
Year Built
2025
Listing Agency:
MGR Realty Services, Inc.
Listed By:
Katia Pazo · License #258023860
(239) 289-4312
Source:
Napleshomesearcher
Added: Oct 15, 2025
Changed: Oct 1
Last Checked: Oct 16 at 9:28AM
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 MGR Realty Services, Inc.
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Investment Insights
Based on property information with market context.
Completed in 2025, this duplex at 4532/4534 22nd St SW includes two residences, each with two bedrooms, a den, and two bathrooms. Each side offers 1,196 square feet of living area and 1,640 square feet of total area. The interiors feature porcelain tile flooring, stainless steel appliances, quartz countertops, wood cabinetry, dual sinks in the primary bathroom, and a walk-in primary closet. Tray ceilings add architectural detail to the living rooms, dining rooms, and primary bedrooms.
The property is in Lehigh Acres with access to Fort Myers and is not located in a flood zone. A certificate of occupancy was issued on 06/17/2025, and the completed construction supports immediate occupancy.
The property is in Lehigh Acres with access to Fort Myers and is not located in a flood zone. A certificate of occupancy was issued on 06/17/2025, and the completed construction supports immediate occupancy.
Key Highlights
- Duplex with 2 bedrooms, a den, and 2 bathrooms on each side
- Each side includes 1,196 sf of living area and 1,640 sf of total area
- Built in 2025; certificate of occupancy issued 06/17/2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,661
Cap Rate
6.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$633,220
$633.2K
Cap Rate 7%
$452,300
$452.3K
Cap Rate 9%
$351,789
$351.8K
Market Conditions
NOI Build-Up for 2,392 SF
Gross rent
$47.4K $19.80/SF
− Vacancy
−$2.1K −$0.89/SF
EGI
$45.2K $18.91/SF
− OpEx
−$13.6K −$5.67/SF
NOI
$31.7K $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%
$633,220
Cap Rate 7%
$452,300
Cap Rate 9%
$351,789
Alternative Uses
Best Use
Multifamily LT 5
$452.3K
$395.8K – $527.7K
NOI $31,661 @ 7.0% cap · market cap 6.33%
Second Best
Apartment 5plus
$419.2K
$366.8K – $489.0K
NOI $29,341 @ 7.0% cap · market cap 5.87%
Theoretical Best
Office A
$752.9K
$658.8K – $878.4K
NOI $52,701 @ 7.0% cap · market cap 10.54%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
2
Residential units
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two matching residences offer flexible layouts, contemporary finishes, and convenient access to Fort Myers.
Where is this duplex located?
The property is located at 4532/4534 22nd St SW Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: Duplex with 2 bedrooms, a den, and 2 bathrooms on each side; Each side includes 1,196 sf of living area and 1,640 sf of total area; Built in 2025; certificate of occupancy issued 06/17/2025
