5016-5018 SW 24 ST, Lehigh Acres, FL 33973
- 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
Listing agent Fernando Fernandez License #3090818 (786) 457-5609
Listing office Miami New Realty 2470 NW 102 Pl Ste 107, Doral, FL (305) 485-3100
Listing date Jun 6, 2026
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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lehigh Acres
- County
- Lee
- State
- Florida
- Longitude
- -81.743324
- Latitude
- 26.607065