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New Construction Duplex

5249-5251 Centennial BLVD, Lehigh Acres, FL 33971

For Sale
$529,000

Each residence has a three-bedroom layout, covered lanai, indoor laundry, and an attached one-car garage.

Property Size2,388 SF
Price / SF$221.52
Days on Market140

Property Features for 5249-5251 Centennial BLVD

General Information

Standard status Active
Size 2,388 SF
Property subtype Duplex

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $563

Building Details

Building Size 2,388 SF
Year Built 2025
Buildings 3
Listing Agency: Florida Elite Realty Inc
Listed By: Mirela Roman
Source: Mdmnaplesrealestate
Added: Jun 23 Changed: Nov 7 Last Checked: Nov 8 at 3:57PM

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 Florida Elite Realty Inc

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Investment Insights

Based on property information with market context.

Completed in 2025, this newly built duplex contains 2,388 square feet. Each of its two residences offers three bedrooms and two bathrooms, a spacious living area, indoor laundry, and a covered lanai. The open kitchen includes white shaker cabinetry, an island with seating or a breakfast bar, granite countertops, and stainless steel appliances. Tile flooring runs throughout, and each unit has a one-car garage with a large driveway.

The property is in the Lehigh Estates area of Lehigh Acres, with access to SR 82 and Colonial/Lee Boulevard. Shopping centers, banks, restaurants, a golf course, Southwest Florida International Airport, and beaches are among the destinations noted nearby. Two additional duplexes under the same ownership may be purchased separately or together with this property.

Key Highlights

  • Two‑unit duplex built in 2025
  • 2,388 square feet
  • Each unit has 3 bedrooms, 2 bathrooms, and a one‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,128
Cap Rate
5.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$602,560 $602.6K
Cap Rate 7%
$430,400 $430.4K
Cap Rate 9%
$334,756 $334.8K
Market Conditions
NOI Build-Up for 2,388 SF
Gross rent
$45.3K $18.96/SF
− Vacancy
−$2.2K −$0.94/SF
EGI
$43.0K $18.02/SF
− OpEx
−$12.9K −$5.41/SF
NOI
$30.1K $12.62/SF
Area
Lee County, FL
Vacancy
4.94%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$602,560
Cap Rate 7%
$430,400
Cap Rate 9%
$334,756

Alternative Uses

Best Use
Multifamily LT 5
$430.4K
$376.6K – $502.1K (±1% cap)
NOI $30,128 @ 7.0% cap · market cap 5.70%
Second Best
Apartment 5plus
$397.0K
$347.4K – $463.2K (±1% cap)
NOI $27,791 @ 7.0% cap · market cap 5.25%
Theoretical Best
Office A
$751.6K
$657.7K – $876.9K (±1% cap)
NOI $52,612 @ 7.0% cap · market cap 9.95%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

75
Businesses Nearby

Demographics for 33971, FL

26,333
Population
8,802
Households
3
Avg Household Size
33
Median Age
15%
College-Educated
85%
High-School Grad
17.0 sq mi
ZIP Area
1,549
Density / Sq Mi
$72,784
Median Household Income
$38,898
Median Earnings
$1,678
Median Rent
$271,900
Median Home Value

Market

Average Price Trend$/SF for Duplexes in Lehigh Acres, FL

$202 Jul
$201 Aug
$197 Sep
$199 Oct

Properties on Market for Duplexes in Lehigh Acres

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has a three-bedroom layout, covered lanai, indoor laundry, and an attached one-car garage.
Where is this duplex located?
The property is located at 5249-5251 Centennial BLVD Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $529,000.
What are key features of this property?
This property features: Two‑unit duplex built in 2025; 2,388 square feet; Each unit has 3 bedrooms, 2 bathrooms, and a one‑car garage
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