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Lehigh Acres Ranch Duplex

4609/4611 Leonard Boulevard S Lehigh Acres, FL 33973

4609/4611 Leonard Boulevard S, Lehigh Acres, FL, 33973
$499,999
For Sale
Claim this Listing
$499,999

MULTI_FAMILY - Ranch - Lehigh Acres, FL

Property Size1,640 SF
Lot Size0.29 Acres
Price / SF$304.88
AddedJan 17, 2025
Days on Market545
Last RefreshJul 16 at 3:06 am

Property Features for 4609/4611 Leonard Boulevard S

General Information

Property type
Residential Multi Family
Property subtype
Single Family Residence
Property condition
Under Construction
Bedrooms
6
Bathrooms
4
Rooms
Bedroom 3, Bathroom 4, Bathroom 3, Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 6
Patio and Porch features
Patio
Pets allowed
Yes
Exterior features
Patio
Standard status
Active
APN
04-45-26-04-00002.0150
Size
1,640 SF
Lot size
0.29 Acres

Taxes and HOA fees

Tax Year
2023
Tax Description
LEHIGH ESTATES UNIT 4 BLK 2 PB 15 PG 84 LOT 15
Tax Annual Amount
450

Utilities

Sewer type
Septic Tank
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Well

Building Details

Year built
2025
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
Block, Concrete
Roof type
Shingle
Architectural style
Ranch

Listing agent Katia Pazo License #258023860

Listing office MGR Realty Services, Inc. 1140 Lee Blvd, Suite 110, Lehigh Acres, FL

Listing date Jan 17, 2025

MLS# 225007101 Listing URL

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This new duplex in Lehigh Acres, Florida, offers a ranch-style layout with upgrades throughout. Each side features 3 bedrooms and 2 bathrooms, with a living area of 1196 square feet and a total area of 1640 square feet. Interior finishes include porcelain tile flooring, stainless steel appliances, and quartz countertops in both the kitchen and bathrooms. Wood cabinets and dual sinks are present in the master bath, along with a walk-in master closet. The living room features double tray ceilings, while the dining room and master bedroom have single tray ceilings. The floor plan is designed to feel spacious. The property is located in an area with convenient access to Fort Myers and is not situated in a flood zone. It is ready for immediate occupancy, with the Certificate of Occupancy issued on March 9, 2025. The lot size is 0.286 acres.

Key Highlights

  • New duplex (under construction/2025) with Ranch style; block and concrete construction with shingle roof
  • Each side features 3 bedrooms and 2 bathrooms with 1,196 SF living area and 1,640 SF total area
  • Porcelain tile flooring throughout and central electric heating with central air conditioning

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $32.5k $19.80
− Vacancy −$1.5k −$0.89
EGI $31.0k $18.91
− OpEx −$9.3k −$5.67
NOI $21.7k $13.24
1,640 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$310.1K
$271.4K – $361.8K (±1% cap)
NOI $21,708 @ 7.0% cap · market cap 4.34%
Second Best
Apartment 5plus
$287.4K
$251.5K – $335.3K (±1% cap)
NOI $20,117 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$516.2K
$451.7K – $602.2K (±1% cap)
NOI $36,132 @ 7.0% cap · market cap 7.23%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Hair Salon Restaurant Pharmacy Nail Salon Furniture & Home Goods Garden Center Barber Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - New duplex with upgrades, ready to move in.
Where is this duplex located?
The property is located at 4609/4611 Leonard Boulevard S 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: New duplex (under construction/2025) with Ranch style; block and concrete construction with shingle roof; Each side features 3 bedrooms and 2 bathrooms with 1,196 SF living area and 1,640 SF total area; Porcelain tile flooring throughout and central electric heating with central air conditioning
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More about this property
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