2-Unit Modern
New
For Sale
$500,000
4741/4743 29th ST SW, Lehigh Acres, FL 33973
Each residence has three bedrooms and two full bathrooms, with the property offering a combined six-bedroom layout.
Property Size2,398 SF
Days on Market5
Property Features for 4741/4743 29th ST SW
General Information
Standard status
Active
Size
2,398 SF
Property subtype
Duplex
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$586
Building Details
Building Size
2,398 SF
Year Built
2026
Listing Agency:
Realty One Group MVP
Listed By:
Alyssa Pezzano
(239) 250-9434
Source:
Kwelevate
Added: Oct 14
Changed: Oct 17
Last Checked: Oct 16 at 1:07PM
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 Realty One Group MVP
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Investment Insights
Based on property information with market context.
This 2,398-square-foot duplex contains two residences, each configured with three bedrooms and two full bathrooms. Across both units, the property provides six bedrooms and four full bathrooms. The building was constructed in 2026.
Key Highlights
- Two residences, each with 3 bedrooms and 2 full bathrooms
- 2,398 square feet across the duplex
- Built in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,741
Cap Rate
6.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$634,820
$634.8K
Cap Rate 7%
$453,443
$453.4K
Cap Rate 9%
$352,678
$352.7K
Market Conditions
NOI Build-Up for 2,398 SF
Gross rent
$47.5K $19.80/SF
− Vacancy
−$2.1K −$0.89/SF
EGI
$45.3K $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%
$634,820
Cap Rate 7%
$453,443
Cap Rate 9%
$352,678
Alternative Uses
Best Use
Multifamily LT 5
$453.4K
$396.8K – $529.0K
NOI $31,741 @ 7.0% cap · market cap 6.35%
Second Best
Apartment 5plus
$420.2K
$367.7K – $490.2K
NOI $29,414 @ 7.0% cap · market cap 5.88%
Theoretical Best
Office A
$754.8K
$660.4K – $880.6K
NOI $52,833 @ 7.0% cap · market cap 10.57%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
83
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 - Each residence has three bedrooms and two full bathrooms, with the property offering a combined six-bedroom layout.
Where is this duplex located?
The property is located at 4741/4743 29th ST SW Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 full bathrooms; 2,398 square feet across the duplex; Built in 2026
