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    Modern Duplex Investment Title is generated by Realmo AI

    5016-5018 SW 24 ST, Lehigh Acres, FL 33973

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    For Sale
    $579,000

    MULTI_FAMILY - Lehigh Acres, FL

    Property size:
    2,378 SF
    Price / SF:
    $243/SF
    Added:
    Jun 6, 2026
    Days on Market:
    26
    Last Refresh:
    Jul 1 at 6:06 pm

    Property Features for 5016-5018 SW 24 ST

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Rooms
    Bedroom 1, Bedroom 5, Bedroom 6, Bathroom 1, Bathroom 2, Bedroom 2, Bathroom 4, Bathroom 3, Bedroom 4, Bedroom 3
    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

    We can help!

    Contact an agent
    Fernando Fernandez

    Listing agent Fernando Fernandez License #3090818

    Listing office Miami New Realty 2470 NW 102 Pl Ste 107, Doral, FL

    Listing date Jun 6, 2026

    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.

    HighLights

    • Modern duplex built in 2023 with two units, each offering 3 bedrooms and 2 bathrooms
    • Each unit includes 1,189 SF of living space with a total area of 1,687 SF and a 2‑car garage
    • Open floor plan in both units with ceramic tile flooring, granite countertops, and stainless steel appliances
    • Central air with electric heating, plus specialty lighting and contemporary finishes throughout
    • Both units have a patio; roof is shingle and construction is block
    • Utilities include cable available; sewer via septic tank and reported not located in a flood zone

    Overview

    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.

    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 (±1% cap)
    NOI $31,476 @ 7.0% cap · market cap 5.44%
    Second Best
    Apartment 5plus
    $416.7K
    $364.6K – $486.2K (±1% cap)
    NOI $29,169 @ 7.0% cap · market cap 5.04%
    Theoretical Best
    Office A
    $748.5K
    $654.9K – $873.2K (±1% cap)
    NOI $52,392 @ 7.0% cap · market cap 9.05%
    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 Law Firm Restaurant Spa & Massage Center Dental Office Building Supply Gym & Fitness Center Skin Care Clinic Accounting Firm Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lehigh Acres
    County
    Lee
    State
    Florida
    Longitude
    -81.743324
    Latitude
    26.607065

    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 with two units, each offering 3 bedrooms and 2 bathrooms; Each unit includes 1,189 SF of living space with a total area of 1,687 SF and a 2‑car garage; Open floor plan in both units with ceramic tile flooring, granite countertops, and stainless steel appliances
    More about this property
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