Modern Duplex
5016-5018 SW 24 ST Lehigh Acres, FL 33973
5016-5018 SW 24 ST, Lehigh Acres, FL, 33973
$579,000
For Sale
$579,000
MULTI_FAMILY - Lehigh Acres, FL
Property Size2,378 SF
Price / SF$243.48
Days on Market46
Property Features for 5016-5018 SW 24 ST
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 6
- Rooms
- Bathroom 3, Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 5, Bedroom 1, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 4
- Parking
- 8
- Patio and Porch features
- Patio
- Exterior features
- Patio
- Standard status
- Active
- APN
- 10328868
- Size
- 2,378 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LEHIGH ESTATES UNIT 3 BLK 6 PB 15 PG 83 LOT 25
- Tax Annual Amount
- 5623
Utilities
- Utilities
- Cable Available
- Sewer type
- Septic Tank
- Heating system
- Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 2023
- Floors in Building
- 1
- Flooring type
- Tile - Ceramic
- Building materials
- Block
- Roof type
- Shingle
Listing Agency
Miami New Realty
(305) 485-3100
2470 NW 102 Pl Ste 107, Doral, FL
Listed by
Fernando Fernandez · License #3090818
(786) 457-5609
Added: Jun 6 Updated: Jul 18 at 1:39 am Checked: Jul 21 at 4:06 am
MLS# A12030413
Listing URL
Copyright © 2026 Miami REALTORS®. 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 modern duplex was built in 2023 and presents in like-new condition. Each unit offers an open floor plan with three bedrooms and two bathrooms, along with a two-car garage. Interior finishes include tile flooring throughout, granite countertops, stainless steel appliances, specialty lighting, and contemporary finishes designed for everyday comfort and straightforward tenant living.
The property is located in Lehigh Acres, Florida. It is not located in a flood zone, which can simplify property risk considerations for owners and tenants. The duplex is configured as two separate units.
For investors and buyers seeking a residential income property with established in-place occupancy, both units are currently rented. The combination of a newer build date and updated finishes may appeal to tenants looking for a move-in-ready setup. This duplex may be a practical fit for an investor portfolio that prioritizes contemporary interior standards and self-contained unit layouts.
The property is located in Lehigh Acres, Florida. It is not located in a flood zone, which can simplify property risk considerations for owners and tenants. The duplex is configured as two separate units.
For investors and buyers seeking a residential income property with established in-place occupancy, both units are currently rented. The combination of a newer build date and updated finishes may appeal to tenants looking for a move-in-ready setup. This duplex may be a practical fit for an investor portfolio that prioritizes contemporary interior standards and self-contained unit layouts.
Key Highlights
- Modern duplex built in 2023 in Lehigh Acres; both units are currently rented
- Each unit has 1,189 SF of living space with 3 bedrooms and 2 bathrooms
- Includes 2‑car garage per unit; total area per unit is 1,687 SF
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 | $47.1k | $19.80 |
| − Vacancy | −$2.1k | −$0.89 |
| EGI | $45.0k | $18.91 |
| − OpEx | −$13.5k | −$5.67 |
| NOI | $31.5k | $13.24 |
2,378 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$449.7K
$393.5K – $524.6K
NOI $31,476 @ 7.0% cap · market cap 5.44%
Second Best
Apartment 5plus
$416.7K
$364.6K – $486.2K
NOI $29,169 @ 7.0% cap · market cap 5.04%
Theoretical Best
Office A
$748.5K
$654.9K – $873.2K
NOI $52,392 @ 7.0% cap · market cap 9.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Newer duplex with two 3-bedroom, 2-bath units, each with a 2-car garage and contemporary interior finishes.
Where is this duplex located?
The property is located at 5016-5018 SW 24 ST Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: Modern duplex built in 2023 in Lehigh Acres; both units are currently rented; Each unit has 1,189 SF of living space with 3 bedrooms and 2 bathrooms; Includes 2‑car garage per unit; total area per unit is 1,687 SF
