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New Construction Duplex
For Sale
$465,000

5336/5338 29th ST SW, Lehigh Acres, FL 33973

Two-unit residential property features den space, new appliances, and separate laundry areas for each unit.

Property Size2,278 SF
Price / SF$204.13
Days on Market319

Property Features for 5336/5338 29th ST SW

General Information

Standard status Active
Size 2,278 SF
Property subtype Duplex

Site & Location

Neighborhood 7e6cda58-9b31-48e6-96fa-D378bf2709bf
Highway Access Yes

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,154

Amenities

private laundry area

Building Details

Building Size 2,278 SF
Year Built 2025
Listing Agency: Realty Hub
Listed By: Federico Burger · License #258033575
Source: Alfredrobbins
Added: Dec 17, 2025 Changed: Oct 29 Last Checked: Oct 31 at 4:18AM

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 Realty Hub

Rey
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Investment Insights

Based on property information with market context.

Built in 2025, this duplex contains 2,278 square feet and is configured with three bedrooms, two bathrooms, and a den. The layout can be adapted to create a two-bedroom, one-bath unit alongside a two-bedroom, two-bath unit. Each residence has its own laundry area at the rear, and the property is equipped with new appliances.

The property is located minutes from I-75, Publix, and a range of shops and services. A driveway serves the duplex.

Key Highlights

  • 2025 construction with 2,278 square feet
  • Three bedrooms, two bathrooms, and a den
  • Layout can be reconfigured as a 2‑bedroom/1‑bath unit and a 2‑bedroom/2‑bath unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,152
Cap Rate
6.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$603,040 $603.0K
Cap Rate 7%
$430,743 $430.7K
Cap Rate 9%
$335,022 $335.0K
Market Conditions
NOI Build-Up for 2,278 SF
Gross rent
$45.1K $19.80/SF
− Vacancy
−$2.0K −$0.89/SF
EGI
$43.1K $18.91/SF
− OpEx
−$12.9K −$5.67/SF
NOI
$30.2K $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%
$603,040
Cap Rate 7%
$430,743
Cap Rate 9%
$335,022

Alternative Uses

Best Use
Multifamily LT 5
$430.7K
$376.9K – $502.5K (±1% cap)
NOI $30,152 @ 7.0% cap · market cap 6.48%
Second Best
Apartment 5plus
$399.2K
$349.3K – $465.7K (±1% cap)
NOI $27,942 @ 7.0% cap · market cap 6.01%
Theoretical Best
Office A
$717.0K
$627.4K – $836.5K (±1% cap)
NOI $50,189 @ 7.0% cap · market cap 10.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

344
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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 - Two-unit residential property features den space, new appliances, and separate laundry areas for each unit.
Where is this duplex located?
The property is located at 5336/5338 29th ST SW Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: 2025 construction with 2,278 square feet; Three bedrooms, two bathrooms, and a den; Layout can be reconfigured as a 2‑bedroom/1‑bath unit and a 2‑bedroom/2‑bath unit
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