Duplex with Attached
For Sale
$485,000
4824/4826 28th St SW, Lehigh Acres, FL 33973
Two separate residences provide three bedrooms, two bathrooms, and an open living and kitchen area on each side.
Property Size2,400 SF
Price / SF$202.08
Days on Market78
Property Features for 4824/4826 28th St SW
General Information
Standard status
Active
Size
2,400 SF
Total Parking Spaces
2
Property subtype
Residential Income
Zoning
RM-2
Site & Location
Neighborhood
37feb17f-86df-4ec0-97d6-70e4e55782ee
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$807
Building Details
Building Size
2,400 SF
Year Built
2026
Buildings
1
Units
2
Listing Agency:
Realty One Group MVP
(800) 896-8790
Listed By:
Vanessa Pagan · License #258033527
(239) 810-4698
Source:
Jvegarealty
Added: Aug 14
Changed: Oct 30
Last Checked: Oct 30 at 2:21PM
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.
Planned for completion in 2026, this RM-2-zoned duplex contains two residences with approximately 2,400 square feet of combined living area and 3,162 square feet under roof. Each side offers three bedrooms, two full bathrooms, an open living room and kitchen, a primary suite with a walk-in closet, a laundry room, a covered lanai, a private entrance, and an attached one-car garage. Each garage has electricity, running water, a side window, and a separate exterior door.
The two residences together provide six bedrooms and four full bathrooms. The garage layout may allow conversion to additional living or work space, subject to permits, zoning requirements, and governmental approvals. Available finishes and upgrades are subject to builder approval, construction deadlines, and availability.
The two residences together provide six bedrooms and four full bathrooms. The garage layout may allow conversion to additional living or work space, subject to permits, zoning requirements, and governmental approvals. Available finishes and upgrades are subject to builder approval, construction deadlines, and availability.
Key Highlights
- Two‑residence duplex with approximately 2,400 square feet of combined living area
- 3,162 total square feet under roof
- Each residence has 3 bedrooms and 2 full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,767
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$635,340
$635.3K
Cap Rate 7%
$453,814
$453.8K
Cap Rate 9%
$352,967
$353.0K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$47.5K $19.80/SF
− Vacancy
−$2.1K −$0.89/SF
EGI
$45.4K $18.91/SF
− OpEx
−$13.6K −$5.67/SF
NOI
$31.8K $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%
$635,340
Cap Rate 7%
$453,814
Cap Rate 9%
$352,967
Alternative Uses
Best Use
Multifamily LT 5
$453.8K
$397.1K – $529.5K
NOI $31,767 @ 7.0% cap · market cap 6.55%
Second Best
Apartment 5plus
$420.6K
$368.0K – $490.7K
NOI $29,439 @ 7.0% cap · market cap 6.07%
Theoretical Best
Office A
$755.4K
$661.0K – $881.3K
NOI $52,877 @ 7.0% cap · market cap 10.90%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
84
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences provide three bedrooms, two bathrooms, and an open living and kitchen area on each side.
Where is this duplex located?
The property is located at 4824/4826 28th St SW Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Two‑residence duplex with approximately 2,400 square feet of combined living area; 3,162 total square feet under roof; Each residence has 3 bedrooms and 2 full bathrooms
