Vacant Duplex With Two
4824 Leonard Boulevard S Lehigh Acres, FL 33973
New
For Sale
$320,000
MULTI_FAMILY - Ranch - Lehigh Acres, FL
Property Size2,364 SF
Lot Size0.29 Acres
Price / SF$135.36
Days on Market3
Property Features for 4824 Leonard Boulevard S
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 2, Bathroom 4
- Patio and Porch features
- Patio
- Pets allowed
- Yes
- Exterior features
- Patio
- Standard status
- Active
- APN
- 32-44-26-09-00027.0180
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LEHIGH ESTATES UNIT 9 BLK 27 PB 15 PG 89 LOT 18
- Tax Annual Amount
- 5268
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Well
Building Details
- Year built
- 2006
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Block, Concrete, Stucco
- Roof type
- Shingle
- Architectural style
- Ranch
Listing Agency:
Sefair Investments, Inc
(800) 233-5334
Listed By:
Daniel Sefair · License #261523656
(813) 842-5615
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 26 at 10:06AM
MLS# 2026031740
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.
Investment Insights
Based on property information with market context.
This duplex offers two separate, vacant units and a total configuration of 4 bedrooms and 4 bathrooms, with a reported total living area of 2,364 square feet. The property includes a 1-car garage and presents as clean units. The sale is being offered as-is with the right to inspect.
The property is located in Lehigh Acres, Florida, within Lee County. Buyers and their agents are responsible for verifying all room measurements, utilities information, lot size, schools and zoning, building addition permits, building materials, and any other property details referenced in the listing.
The lot size is listed at 0.293 acres. This duplex is being presented as a straightforward residential income opportunity with both units available for occupancy upon closing, subject to the terms of the sale.
The property is located in Lehigh Acres, Florida, within Lee County. Buyers and their agents are responsible for verifying all room measurements, utilities information, lot size, schools and zoning, building addition permits, building materials, and any other property details referenced in the listing.
The lot size is listed at 0.293 acres. This duplex is being presented as a straightforward residential income opportunity with both units available for occupancy upon closing, subject to the terms of the sale.
Key Highlights
- Duplex in Lehigh Estates: 4 bedrooms, 4 bathrooms, 2,364 SF total
- Both units are vacant and offered as‑is with right to inspect
- Ranch‑style construction built in 2006 with block, concrete, and stucco exterior materials
Financial Insights For Apartment 5plus
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 | $55.0k | $23.28 |
| − Vacancy | −$2.3k | −$0.98 |
| EGI | $52.7k | $22.30 |
| − OpEx | −$23.7k | −$10.04 |
| NOI | $29.0k | $12.27 |
2,364 SF · lease $23.28/SF/yr · vacancy 4.20% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$447.0K
$391.1K – $521.5K
NOI $31,291 @ 7.0% cap · market cap 9.78%
Second Best
Apartment 5plus
$414.2K
$362.5K – $483.3K
NOI $28,997 @ 7.0% cap · market cap 9.06%
Theoretical Best
Office A
$744.1K
$651.1K – $868.1K
NOI $52,084 @ 7.0% cap · market cap 16.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex with two vacant units, 4 bedrooms, and 4 bathrooms, sold as-is with right to inspect.
Where is this duplex located?
The property is located at 4824 Leonard Boulevard S Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Duplex in Lehigh Estates: 4 bedrooms, 4 bathrooms, 2,364 SF total; Both units are vacant and offered as‑is with right to inspect; Ranch‑style construction built in 2006 with block, concrete, and stucco exterior materials
