4893/4895 29TH STREET SW, Lehigh Acres, FL 33973
multifamily - LEHIGH ACRES, FL
- Added:
- Jun 7, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 8 at 10:06 am
Property Features for 4893/4895 29TH STREET SW
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Interior features
- CEILING FANS(S), UNFURNISHED
- Exterior features
- BLOCK, STUCCO
- Standard status
- Active
- Size
- 2,330 SF
- Lot size
- 0.28 Acres
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 2005
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Ryan Finnegan (941) 456-6107
Listing office Sunstar Realty 2421 Shreve Street, FL (941) 225-4663
Listing date Jun 7, 2026
Copyright © 2026 Coldwell Banker Schmidt 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
- Duplex built in 2005 with solid block and stucco exterior and a shingle roof
- Two 3‑bedroom, 2‑bath units, each with a 1‑car garage and private entrance
- Each side features over 1,100 SF with open floorplans and tile flooring in the main living areas
- Central heating and central air conditioning; each unit has ceiling fans and is currently unfurnished
- Separate, functional layouts with central water and septic service
- Located in Flood Zone X (no flood insurance required) and on an oversized corner lot with ample parking and easy access to SR‑82
Overview
The duplex sits on an oversized corner lot with ample parking, offering convenient access to SR-82 and connections toward Fort Myers, shopping, dining, and employment corridors.
For buyers seeking a residential income property, the asset’s two independent units and practical separation between living spaces can simplify tenanting and day-to-day management. One lease is currently below market at $1,495/month and expires June 30, according to the listing remarks, which may allow for re-pricing at renewal. With central water, septic, and block construction, this is positioned as a low-maintenance, owner-managed-friendly duplex in Lehigh Acres.
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 | $46.1k | $19.80 |
| − Vacancy | −$2.1k | −$0.89 |
| EGI | $44.1k | $18.91 |
| − OpEx | −$13.2k | −$5.67 |
| NOI | $30.8k | $13.24 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lehigh Acres
- County
- Lee
- State
- Florida
- Longitude
- -81.7404345
- Latitude
- 26.598097
