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    Modern Duplex with Two 3BR Residences Title is generated by Realmo AI

    4741/4743 29th St SW, Lehigh Acres, FL 33973

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    Claim this Listing
    For Sale
    $560,000

    MULTI_FAMILY - Other - LEHIGH ACRES, FL

    Type:Duplex
    Property size:
    2,398 SF
    Lot size:
    0.29 Acres
    Price / SF:
    $233/SF
    Added:
    Apr 9, 2026
    Days on Market:
    83
    Last Refresh:
    Jun 30 at 1:06 am

    Property Features for 4741/4743 29th St SW

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Property condition
    Under Construction
    Zoning
    RM-2
    Bedrooms
    4
    Bathrooms
    4
    Rooms
    Bathroom 3, Bedroom 2, Bedroom 1, Bathroom 4, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 2
    Patio and Porch features
    Patio
    Pets allowed
    Yes
    Standard status
    Active
    APN
    05-45-26-04-00018.0060
    Size
    2,398 SF
    Lot size
    0.29 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    LEHIGH ESTATES UNIT 4 BLK.18 PB 15 PG 84 LOT 6
    Tax Annual Amount
    496

    Utilities

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

    Building Details

    Year built
    2026
    Number of units
    2
    Flooring type
    Tile
    Building materials
    Concrete Block, Stucco
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Contact an agent
    Alyssa Pezzano

    Listing agent Alyssa Pezzano

    Listing office Downing Frye Realty Inc. 8950 Fontana del Sol Way #100, Naples, FL

    Listing date Apr 9, 2026

    MLS# 226014945 Listing URL

    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.

    HighLights

    • Under construction 2026 build duplex with two residences
    • Each unit has 3 bedrooms and 2 full bathrooms; total of 6 bedrooms and 4 full baths
    • Concrete block and stucco construction with tile flooring
    • Central heating and central air, plus electric heating and electric cooling
    • Patio included
    • Well water service and septic tank sewer

    Overview

    This modern duplex contains two well-designed residences, each offering 3 bedrooms and 2 full bathrooms. Combined, the property provides 6 bedrooms and 4 bathrooms, supporting a range of occupancy and rental strategies. The listing describes the duplex as brand-new, with each unit laid out as an independent home.

    The property is located in Lehigh Acres, Lee County, Florida at 4741/4743 29th St SW (33973). It is zoned RM-2 and sits on a 0.285-acre lot.

    For buyers, the two separate residences create practical flexibility for an owner who wants to live in one unit while renting the other, or for an investor seeking a multi-unit residential income setup. With bedrooms and full bathrooms configured similarly across both units, the property can support straightforward tenant planning and unit-by-unit turnover management.

    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 $47.5k $19.80
    − Vacancy −$2.1k −$0.89
    EGI $45.3k $18.91
    − OpEx −$13.6k −$5.67
    NOI $31.7k $13.24
    2,398 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $453.4K
    $396.8K – $529.0K (±1% cap)
    NOI $31,741 @ 7.0% cap · market cap 5.67%
    Second Best
    Apartment 5plus
    $420.2K
    $367.7K – $490.2K (±1% cap)
    NOI $29,414 @ 7.0% cap · market cap 5.25%
    Theoretical Best
    Office A
    $754.8K
    $660.4K – $880.6K (±1% cap)
    NOI $52,833 @ 7.0% cap · market cap 9.43%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Hair Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy Big Box & Wholesale Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Lehigh Acres
    County
    Lee
    State
    Florida
    Longitude
    -81.731742
    Latitude
    26.592141

    FAQs

    What type of property is this?
    Duplex - Two-unit duplex offering 3 bedrooms and 2 full bathrooms per side for flexible owner-occupant or rental use.
    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 $560,000.
    What are key features of this property?
    This property features: Under construction 2026 build duplex with two residences; Each unit has 3 bedrooms and 2 full bathrooms; total of 6 bedrooms and 4 full baths; Concrete block and stucco construction with tile flooring
    More about this property
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