509/511 Piedmont St Lehigh Acres, FL 33974
509/511 Piedmont St, Lehigh Acres, FL, 33974
$540,000
For Sale
$540,000
SINGLE_FAMILY - Other - LEHIGH ACRES, FL
Property Size2,364 SF
Lot Size0.26 Acres
Price / SF$228.43
Days on Market59
Property Features for 509/511 Piedmont St
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bedroom 2, Bathroom 1, Bathroom 3, Laundry Room, Bedroom 1, Bathroom 2, Bedroom 3
- Parking
- 3
- Parking features
- Carport
- Pets allowed
- Yes
- Interior features
- Smoke Detectors
- Appliances
- Electric Cooktop, Dishwasher, Dryer, Microwave, Refrigerator/Freezer
- Standard status
- Active
- APN
- 08-45-27-L3-24121.0180
- Size
- 2,364 SF
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- SOUTHWOOD UNIT 24 BLK 121 PB 26 PG 88 LOT 18
- Tax Annual Amount
- 5592
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Well
Building Details
- Year built
- 2024
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Concrete Block, Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing agency
eXp Realty LLC
(888) 883-8509
Listed by
Luis Chirillo · License #NAPLES-249529323
(239) 888-4458
Added: May 24 Updated: Jul 11 at 9:34AM Checked: Jul 21 at 9:06AM
MLS# 226020652
Copyright © 2026 Naples Area Board of 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.
Key Highlights
- 2024‑built duplex with 6 bedrooms and 4 bathrooms
- Modern kitchen with quartz countertops and stainless steel appliances, including electric cooktop, dishwasher, microwave, and refrigerator/freezer
- Impact windows and sealed, long driveway plus a paved patio for BBQ
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 | $38.3k | $16.20 |
| − Vacancy | −$2.4k | −$1.00 |
| EGI | $35.9k | $15.20 |
| − OpEx | −$10.8k | −$4.56 |
| NOI | $25.2k | $10.64 |
2,364 SF · lease $16.20/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$359.3K
$314.4K – $419.2K
NOI $25,154 @ 7.0% cap · market cap 4.66%
Second Best
Apartment 5plus
$312.6K
$273.5K – $364.7K
NOI $21,882 @ 7.0% cap · market cap 4.05%
Theoretical Best
Specialty Retail
$910.1K
$796.3K – $1.06M
NOI $63,705 @ 7.0% cap · market cap 11.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
Where is this duplex located?
The property is located at 509/511 Piedmont St Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: 2024‑built duplex with 6 bedrooms and 4 bathrooms; Modern kitchen with quartz countertops and stainless steel appliances, including electric cooktop, dishwasher, microwave, and refrigerator/freezer; Impact windows and sealed, long driveway plus a paved patio for BBQ
