Fenced
For Sale
$367,000
5144/5146 28th Street SW, Lehigh Acres, FL 33973
RM-2-zoned duplex with central air, electric systems, and ceiling fans.
Property Size2,166 SF
Days on Market378
Property Features for 5144/5146 28th Street SW
General Information
Standard status
Active
Size
2,166 SF
Property subtype
Residential Income
Zoning
RM-2
Taxes and HOA fees
Annual Taxes
$3,985
Amenities
Central Air, Ceiling Fan(s), Electric
Central, Electric
Fenced
Duplex
Building Details
Building Size
2,166 SF
Year Built
2003
Buildings
1
Listing Agency:
RE/MAX Realty Group
Listed By:
Danene Bazon · License #258021457
(239) 224-8477
Source:
Evrealestate
Added: Oct 6, 2025
Changed: Oct 7
Last Checked: Oct 16 at 7:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Realty Group
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Investment Insights
Based on property information with market context.
Built in 2003, this duplex at 5144/5146 28th Street SW features central air conditioning, electric service, and ceiling fans. The property also includes fencing and is configured as a duplex.
The property is located in Lehigh Acres, Florida, within Lee County. Access from Colonial Boulevard, Lee Boulevard, Sunshine Boulevard N, and 51st Street W provides the stated route to the site.
The property is located in Lehigh Acres, Florida, within Lee County. Access from Colonial Boulevard, Lee Boulevard, Sunshine Boulevard N, and 51st Street W provides the stated route to the site.
Key Highlights
- Duplex property with fenced exterior
- Built in 2003
- RM‑2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,670
Cap Rate
7.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$573,400
$573.4K
Cap Rate 7%
$409,571
$409.6K
Cap Rate 9%
$318,556
$318.6K
Market Conditions
NOI Build-Up for 2,166 SF
Gross rent
$42.9K $19.80/SF
− Vacancy
−$1.9K −$0.89/SF
EGI
$41.0K $18.91/SF
− OpEx
−$12.3K −$5.67/SF
NOI
$28.7K $13.24/SF
Area
Lee County, FL
Vacancy
4.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$573,400
Cap Rate 7%
$409,571
Cap Rate 9%
$318,556
Alternative Uses
Best Use
Multifamily LT 5
$409.6K
$358.4K – $477.8K
NOI $28,670 @ 7.0% cap · market cap 7.81%
Second Best
Apartment 5plus
$379.6K
$332.1K – $442.8K
NOI $26,569 @ 7.0% cap · market cap 7.24%
Theoretical Best
Office A
$681.7K
$596.5K – $795.4K
NOI $47,721 @ 7.0% cap · market cap 13.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
211
Businesses Nearby
Explore this area
Business Placement
Demographics for 33973, FL
12,728
Population
4,286
Households
3
Avg Household Size
28
Median Age
11%
College-Educated
81%
High-School Grad
3.8 sq mi
ZIP Area
3,349
Density / Sq Mi
$57,216
Median Household Income
$34,676
Median Earnings
$1,432
Median Rent
$334,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - RM-2-zoned duplex with central air, electric systems, and ceiling fans.
Where is this duplex located?
The property is located at 5144/5146 28th Street SW Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $367,000.
What are key features of this property?
This property features: Duplex property with fenced exterior; Built in 2003; RM‑2 zoning
