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Duplex with Screened Lanais

4712/4714 Leonard Boulevard S, Lehigh Acres, FL 33973

For Sale
New
$369,000

ResidentialIncome, Lehigh Acres, FL

Property Size2,196 SF
Lot Size0.29 Acres
Price / SF$168.03
Days on Market1

Property Features for 4712/4714 Leonard Boulevard S

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description RM-2
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 5, Bathroom 2, Bedroom 2, Bedroom 6, Bathroom 4, Bedroom 4, Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 1
Patio and Porch features Patio
Pets allowed Yes
Exterior features Patio, PrivacyWall
Fencing Privacy
Appliances WaterSoftener
Subdivision LEHIGH ACRES
Lot features Rectangular Lot
Directions USE GPS
Standard status Active
APN 05-45-26-L2-06004.0290
Size 2,196 SF
Lot size 0.29 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description LEHIGH ESTATES UNIT 6 BLK 4 PB 15 PG 86 LOT 29
Tax Annual Amount 4409
Legal Description LEHIGH ESTATES UNIT 6 BLK 4 PB 15 PG 86 LOT 29

Utilities

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

Amenities

screened lanai patio

Building Details

Year built 2005
Number of units 2
Flooring type Tile
Building materials Block, Concrete, Stucco
Roof type Shingle
Architectural style Other
Buildings 1
Listing Agency: RE/MAX Realty Team · RE/MAX International
Listed By: Jazmin Montas Sosa · License FL #258035272
Added: Nov 12 Last Checked: Nov 12 at 11:06PM
MLS# 2026047828

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.

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Investment Insights

Based on property information with market context.

Built in 2005, this duplex contains two separate residences, each arranged with three bedrooms and two bathrooms. Together, the units provide 2,196 square feet on a 0.287-acre parcel. Both residences have screened lanais, and the building has block and stucco construction with tile flooring. A shingle roof was installed in 2024. Central air conditioning and heating serve the property; water comes from a well and wastewater is handled by a septic tank.

One residence is tenant-occupied. The property is on a high-traffic street with access to shopping, restaurants, schools, and major roadways, including connections toward Fort Myers and nearby Southwest Florida communities.

Key Highlights

  • Two units, each with 3 bedrooms and 2 bathrooms
  • 2,196 square feet of building area on a 0.287‑acre parcel
  • Roof installed in 2024

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,706
Cap Rate
7.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$554,120 $554.1K
Cap Rate 7%
$395,800 $395.8K
Cap Rate 9%
$307,844 $307.8K
Market Conditions
NOI Build-Up for 2,196 SF
Gross rent
$41.6K $18.96/SF
− Vacancy
−$2.1K −$0.94/SF
EGI
$39.6K $18.02/SF
− OpEx
−$11.9K −$5.41/SF
NOI
$27.7K $12.62/SF
Area
Lee County, FL
Vacancy
4.94%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$554,120
Cap Rate 7%
$395,800
Cap Rate 9%
$307,844

Alternative Uses

Best Use
Multifamily LT 5
$395.8K
$346.3K – $461.8K (±1% cap)
NOI $27,706 @ 7.0% cap · market cap 7.51%
Second Best
Apartment 5plus
$365.1K
$319.5K – $425.9K (±1% cap)
NOI $25,556 @ 7.0% cap · market cap 6.93%
Theoretical Best
Office A
$691.2K
$604.8K – $806.4K (±1% cap)
NOI $48,382 @ 7.0% cap · market cap 13.11%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

78
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
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Market

Average Price Trend$/SF for Duplexes in Lehigh Acres, FL

$202 Jul
$201 Aug
$197 Sep
$199 Oct

Properties on Market for Duplexes in Lehigh Acres

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom residences share one parcel, with one currently occupied by a tenant.
Where is this duplex located?
The property is located at 4712/4714 Leonard Boulevard S Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 2 bathrooms; 2,196 square feet of building area on a 0.287‑acre parcel; Roof installed in 2024
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