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New Duplex Income Property

4709/4711 21 St SW Lehigh Acres, FL 33973

4709/4711 21 St SW, Lehigh Acres, FL, 33973
$499,000
For Sale
$499,000

MULTI_FAMILY - Other - LEHIGH ACRES, FL

Property Size2,396 SF
Lot Size0.28 Acres
Price / SF$208.26
Days on Market52

Property Features for 4709/4711 21 St SW

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
RM-2
Bedrooms
6
Bathrooms
4
Rooms
Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 3, Bedroom 5, Bathroom 4, Bathroom 1, Bedroom 3, Bedroom 6, Bathroom 2
Pets allowed
Yes
Standard status
Active
APN
04-45-26-L1-06003.0280
Size
2,396 SF
Lot size
0.28 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
LEHIGH ESTATES UNIT 6 BLK.3 PB 15 PG 86 LOT 28
Tax Annual Amount
629

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
Listed by Gio Valencia · License #249525717
Added: Jun 1 Updated: Jul 15 at 5:05PM Checked: Jul 22 at 4:06AM
MLS# 226022138

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.


Investment Insights

Based on property information with market context.

This brand-new 2025 duplex is positioned for residential income use under RM-2 zoning and features two mirrored units. Each side includes three bedrooms and two bathrooms, with 24x24 ceramic tile flooring, recessed LED lighting, and spiral pendant fixtures. Kitchens include quartz countertops with a waterfall edge, matching backsplash, window sills, stainless steel appliances, and wood cabinetry with black hardware. Bathrooms feature quartz vanities, and the primary suite includes rainfall shower heads with LED color options and handheld sprayers.

The property includes separate one-car garages for each unit, plus laundry areas and durable epoxy-style floors. Additional designed storage includes custom closets and ventilated pantry shelving. Exterior features cited in the remarks include impact-rated doors and windows, sprinkler irrigation, premium rock landscaping, and full gutters and soffits, with city water provided (no well).

A 1-year systems/appliance warranty and a 10-year structural warranty are conveyed. The seller notes that no security cameras are installed or included. The duplex is set on an oversized lot and is described as being near shopping and major routes.

Key Highlights

  • Brand‑new 2025 duplex currently under construction
  • 6 bedrooms and 4 bathrooms total (listing rooms include Bedroom 1–6 and Bathroom 1–4)
  • 24x24 ceramic tile flooring throughout

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 $47.4k $19.80
− Vacancy −$2.1k −$0.89
EGI $45.3k $18.91
− OpEx −$13.6k −$5.67
NOI $31.7k $13.24
2,396 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$453.1K
$396.4K – $528.6K (±1% cap)
NOI $31,714 @ 7.0% cap · market cap 6.36%
Second Best
Apartment 5plus
$419.9K
$367.4K – $489.8K (±1% cap)
NOI $29,390 @ 7.0% cap · market cap 5.89%
Theoretical Best
Office A
$754.1K
$659.9K – $879.8K (±1% cap)
NOI $52,789 @ 7.0% cap · market cap 10.58%
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 Restaurant Hair Salon Pharmacy Nail Salon Auto Parts Store Garden Center Kitchen & Bath Showroom Furniture & Home Goods

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

FAQs

What type of property is this?
Duplex - Brand-new 2025 duplex with two 3-bedroom units, each with a one-car garage and in-unit laundry areas.
Where is this duplex located?
The property is located at 4709/4711 21 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: Brand‑new 2025 duplex currently under construction; 6 bedrooms and 4 bathrooms total (listing rooms include Bedroom 1–6 and Bathroom 1–4); 24x24 ceramic tile flooring throughout
Contact an agent
More about this property
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