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Newly Built 3-Bedroom Duplex
For Sale
$539,900

4713/4715 24th St SW, Lehigh Acres, FL 33973

Two updated residential units offer spacious layouts, upgraded finishes, and convenient access to Fort Myers.

Property Size2,392 SF
Price / SF$225.71
Days on Market558

Property Features for 4713/4715 24th St SW

General Information

Standard status Active
Size 2,392 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Building Details

Year Built 2025
Buildings 1
Listing Agency: MGR Realty Services, Inc.
Listed By: Katia Pazo · License #258023860
Source: Napleshomesearcher
Added: Apr 10, 2025 Changed: Oct 1 Last Checked: Oct 19 at 7:12AM

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 MGR Realty Services, Inc.

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Investment Insights

Based on property information with market context.

Completed in 2025, this duplex contains two separate residences with matching layouts. Each side provides three bedrooms, two bathrooms, 1,196 square feet of living area, and 1,640 square feet of total area. Interior finishes include porcelain tile flooring, quartz countertops in the kitchens and bathrooms, stainless steel appliances, wood cabinetry, dual sinks in the primary bathroom, and a walk-in primary closet. Tray ceilings accent the living room, dining room, and primary bedroom, while the floor plan is designed for a spacious interior feel.

The property is located in Lehigh Acres with access to Fort Myers and is identified as not being in a flood zone. A certificate of occupancy was issued on 05/07/2025, and the duplex is described as ready for occupancy.

Key Highlights

  • Duplex with two 3‑bedroom, 2‑bathroom units
  • Each side includes 1,196 SF of living area and 1,640 SF of total area
  • 2025 construction with CO issued 05/07/2025

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,661
Cap Rate
5.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$633,220 $633.2K
Cap Rate 7%
$452,300 $452.3K
Cap Rate 9%
$351,789 $351.8K
Market Conditions
NOI Build-Up for 2,392 SF
Gross rent
$47.4K $19.80/SF
− Vacancy
−$2.1K −$0.89/SF
EGI
$45.2K $18.91/SF
− OpEx
−$13.6K −$5.67/SF
NOI
$31.7K $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%
$633,220
Cap Rate 7%
$452,300
Cap Rate 9%
$351,789

Alternative Uses

Best Use
Multifamily LT 5
$452.3K
$395.8K – $527.7K (±1% cap)
NOI $31,661 @ 7.0% cap · market cap 5.86%
Second Best
Apartment 5plus
$419.2K
$366.8K – $489.0K (±1% cap)
NOI $29,341 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$752.9K
$658.8K – $878.4K (±1% cap)
NOI $52,701 @ 7.0% cap · market cap 9.76%
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

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
View Realmo Analytics

Market

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 updated residential units offer spacious layouts, upgraded finishes, and convenient access to Fort Myers.
Where is this duplex located?
The property is located at 4713/4715 24th St SW Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $539,900.
What are key features of this property?
This property features: Duplex with two 3‑bedroom, 2‑bathroom units; Each side includes 1,196 SF of living area and 1,640 SF of total area; 2025 construction with CO issued 05/07/2025
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