New Construction
For Sale
$499,000
4540/4542 22ND St SW, Lehigh Acres, FL 33973
Residential Income, Duplex, LEHIGH ACRES, FL
Property Size3,140 SF
Lot Size0.28 Acres
Price / SF$158.92
Days on Market144
Property Features for 4540/4542 22ND St SW
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
RM-2
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 6, Bedroom 5, Bathroom 3, Bathroom 2, Bathroom 4, Bedroom 4
Pets allowed
Yes
Subdivision
LEHIGH ACRES
Lot features
Oversize, Oversize
Standard status
Active
APN
04-45-26-L1-05008.0360
Size
3,140 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LEHIGH ESTATES UNIT 5 BLK 8 PB 15 PG 85 LOT 36
Tax Annual Amount
629
Legal Description
LEHIGH ESTATES UNIT 5 BLK 8 PB 15 PG 85 LOT 36
Utilities
Sewer type
Septic Tank
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Well
Building Details
Year built
2025
Number of units
2
Flooring type
Tile
Building materials
Concrete Block, Stucco
Roof type
Shingle
Architectural style
Other
Listing Agency:
Premiere Plus Realty Company
(239) 732-7837
Listed By:
Gio Valencia
(239) 285-9065
Added: Jun 1
Changed: Oct 16
Last Checked: Oct 22 at 1:06PM
MLS# 226022157
Copyright © 2026 Naples Area Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2025 duplex is under construction and provides 3,140 square feet across two residences, with six bedrooms and four bathrooms in total. Each unit includes a one-car garage, laundry area, custom closet storage, and pantry shelving. Interior details include tile flooring, recessed LED lighting, quartz kitchen and bathroom surfaces, stainless steel appliances, wood cabinetry, and upgraded shower fixtures. The building uses concrete block and stucco construction with central air, electric heating, a shingle roof, impact-rated doors and windows, sprinkler irrigation, gutters, and soffits.
The property occupies 0.278 acres at 4540/4542 22ND St SW in Lehigh Acres, Florida 33973. It is positioned near shopping, major routes, and everyday conveniences. A 1-year systems and appliance warranty and 10-year structural warranty convey with the property. Zoning is RM-2.
The property occupies 0.278 acres at 4540/4542 22ND St SW in Lehigh Acres, Florida 33973. It is positioned near shopping, major routes, and everyday conveniences. A 1-year systems and appliance warranty and 10-year structural warranty convey with the property. Zoning is RM-2.
Key Highlights
- 2025 duplex under construction with 3,140 square feet
- Six bedrooms and four bathrooms across two residences
- Each unit has a one‑car garage and dedicated 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
NOI $41,562 @ 7.0% cap · market cap 8.33%
Second Best
Apartment 5plus
$550.2K
$481.5K – $641.9K
NOI $38,516 @ 7.0% cap · market cap 7.72%
Theoretical Best
Office A
$988.3K
$864.8K – $1.15M
NOI $69,180 @ 7.0% cap · market cap 13.86%
Zoning and permitted uses should be independently verified with authorities.
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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
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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 attached residences offer modern finishes, private garages, and separate laundry areas in an income-producing configuration.
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 duplex under construction with 3,140 square feet; Six bedrooms and four bathrooms across two residences; Each unit has a one‑car garage and dedicated laundry area
