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Occupied Two-Unit Duplex
For Sale
$540,000

5425/5427 Centennial BLVD, Lehigh Acres, FL 33971

Two three-bedroom residences are currently leased, creating a fully occupied multifamily property.

Property Size3,200 SF
Days on Market53

Property Features for 5425/5427 Centennial BLVD

General Information

Standard status Active
Size 3,200 SF
Property subtype Duplex
Occupancy 100%

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $993

Building Details

Building Size 3,200 SF
Year Built 2025
Listing Agency: Mamba Realty LLC
Listed By: Carmen Ramos · License #279663153
Source: Kwelevate
Added: Aug 27 Changed: Oct 11 Last Checked: Oct 16 at 3:14PM

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 Mamba Realty LLC

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Investment Insights

Based on property information with market context.

Built in 2025, this 3200-square-foot duplex contains two residences, each arranged with three bedrooms and two bathrooms. The six-bedroom, four-bathroom property provides matching unit configurations and functional living areas across both sides.

Both units are currently rented, giving the property full occupancy at the time of listing. The duplex is located at 5425/5427 Centennial Blvd in Lehigh Acres, Florida, within ZIP code 33971.

Key Highlights

  • Two‑unit duplex with 6 bedrooms and 4 bathrooms
  • Each residence includes 3 bedrooms and 2 bathrooms
  • 3200 square feet of total property size

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,356
Cap Rate
7.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$847,120 $847.1K
Cap Rate 7%
$605,086 $605.1K
Cap Rate 9%
$470,622 $470.6K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$63.4K $19.80/SF
− Vacancy
−$2.9K −$0.89/SF
EGI
$60.5K $18.91/SF
− OpEx
−$18.2K −$5.67/SF
NOI
$42.4K $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%
$847,120
Cap Rate 7%
$605,086
Cap Rate 9%
$470,622

Alternative Uses

Best Use
Multifamily LT 5
$605.1K
$529.5K – $705.9K (±1% cap)
NOI $42,356 @ 7.0% cap · market cap 7.84%
Second Best
Apartment 5plus
$560.7K
$490.7K – $654.2K (±1% cap)
NOI $39,252 @ 7.0% cap · market cap 7.27%
Theoretical Best
Office A
$1.01M
$881.3K – $1.18M (±1% cap)
NOI $70,502 @ 7.0% cap · market cap 13.06%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Nail Salon Restaurant Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

70
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
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 three-bedroom residences are currently leased, creating a fully occupied multifamily property.
Where is this duplex located?
The property is located at 5425/5427 Centennial BLVD 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: Two‑unit duplex with 6 bedrooms and 4 bathrooms; Each residence includes 3 bedrooms and 2 bathrooms; 3200 square feet of total property size
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