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New Construction Duplex with Garages
For Sale
$499,000

4540/4542 22ND ST SW, Lehigh Acres, FL 33973

Two residences offer contemporary finishes, private laundry areas, and dedicated garage space for each unit.

Property Size3,140 SF
Days on Market133

Property Features for 4540/4542 22ND ST SW

General Information

Standard status Active
Size 3,140 SF
Total Parking Spaces 2
Property subtype Duplex

Units

Multifamily Units 2
Parking per Unit 1

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $629

Building Details

Building Size 3,140 SF
Year Built 2025
Buildings 1
Listing Agency: Premiere Plus Realty Company
Listed By: Gio Valencia · License #249525717
Source: Kwelevate
Added: Jun 5 Changed: Oct 13 Last Checked: Oct 13 at 12:44AM

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 Premiere Plus Realty Company

Investment Insights

Based on property information with market context.

Completed in 2025, this 3,140 SF duplex contains 6 bedrooms and 4 bathrooms across two residences. Interior features include 24x24 ceramic tile, recessed LED lighting, quartz kitchen surfaces with waterfall edges, stainless steel appliances, wood cabinetry, quartz bathroom vanities, custom closets, and ventilated pantry shelving. Each unit has a one-car garage, laundry area, and epoxy-style flooring.

The property includes impact-rated doors and windows, sprinkler irrigation, rock landscaping, full gutters and soffits, and city water without a well. A 1-year systems and appliance warranty and 10-year structural warranty convey. The duplex sits on an oversized lot near shopping, major routes, and everyday conveniences in Lehigh Acres.

Key Highlights

  • 2025‑built duplex with 3,140 SF of building area
  • 6 bedrooms and 4 bathrooms across two units
  • Each unit includes a one‑car garage and laundry area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$41,562
Cap Rate
8.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$831,240 $831.2K
Cap Rate 7%
$593,743 $593.7K
Cap Rate 9%
$461,800 $461.8K
Market Conditions
NOI Build-Up for 3,140 SF
Gross rent
$62.2K $19.80/SF
− Vacancy
−$2.8K −$0.89/SF
EGI
$59.4K $18.91/SF
− OpEx
−$17.8K −$5.67/SF
NOI
$41.6K $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%
$831,240
Cap Rate 7%
$593,743
Cap Rate 9%
$461,800

Alternative Uses

Best Use
Multifamily LT 5
$593.7K
$519.5K – $692.7K (±1% cap)
NOI $41,562 @ 7.0% cap · market cap 8.33%
Second Best
Apartment 5plus
$550.2K
$481.5K – $641.9K (±1% cap)
NOI $38,516 @ 7.0% cap · market cap 7.72%
Theoretical Best
Office A
$988.3K
$864.8K – $1.15M (±1% cap)
NOI $69,180 @ 7.0% cap · market cap 13.86%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

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

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
Utilities to site

Location Intelligence

Trade Area within ½ mile

105
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residences offer contemporary finishes, private laundry areas, and dedicated garage space for each unit.
Where is this duplex located?
The property is located at 4540/4542 22ND 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: 2025‑built duplex with 3,140 SF of building area; 6 bedrooms and 4 bathrooms across two units; Each unit includes a one‑car garage and laundry area
More about this property
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