Duplex with Attached
For Sale
$520,000
845-847 Meadow RD, Lehigh Acres, FL 33973
Both residences offer three-bedroom layouts, private garages, and contemporary interior finishes.
Property Size2,332 SF
Price / SF$222.98
Days on Market179
Property Features for 845-847 Meadow RD
General Information
Standard status
Active
Size
2,332 SF
Total Parking Spaces
2
Property subtype
Duplex
Site & Location
Neighborhood
37feb17f-86df-4ec0-97d6-70e4e55782ee
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,474
Building Details
Building Size
2,332 SF
Year Built
2025
Buildings
1
Listing Agency:
Keller Williams Realty Naples
(248) 795-8544
Listed By:
Sonja Packwood
(239) 449-1000
Source:
Mdmnaplesrealestate
Added: May 5
Changed: Oct 30
Last Checked: Oct 30 at 1:45AM
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 Keller Williams Realty Naples
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Investment Insights
Based on property information with market context.
Completed in 2025, this 2,332-square-foot duplex contains two residences, each with three bedrooms, two bathrooms, and an attached one-car garage. Interior features include 10-foot ceilings, 8-foot doors, quartz surfaces, upgraded appliances, and open-concept living areas. The garages have epoxy flooring, and the property uses durable, low-maintenance materials.
The property is located in Lehigh Acres, with access toward Fort Myers and the SR 82 and Daniels Parkway corridor.
The property is located in Lehigh Acres, with access toward Fort Myers and the SR 82 and Daniels Parkway corridor.
Key Highlights
- Two residences, each with 3 bedrooms and 2 bathrooms
- 2,332 square feet; built in 2025
- Attached one‑car garage for each residence, with epoxy flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,867
Cap Rate
5.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$617,340
$617.3K
Cap Rate 7%
$440,957
$441.0K
Cap Rate 9%
$342,967
$343.0K
Market Conditions
NOI Build-Up for 2,332 SF
Gross rent
$46.2K $19.80/SF
− Vacancy
−$2.1K −$0.89/SF
EGI
$44.1K $18.91/SF
− OpEx
−$13.2K −$5.67/SF
NOI
$30.9K $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%
$617,340
Cap Rate 7%
$440,957
Cap Rate 9%
$342,967
Alternative Uses
Best Use
Multifamily LT 5
$441.0K
$385.8K – $514.5K
NOI $30,867 @ 7.0% cap · market cap 5.94%
Second Best
Apartment 5plus
$408.6K
$357.6K – $476.8K
NOI $28,605 @ 7.0% cap · market cap 5.50%
Theoretical Best
Office A
$734.0K
$642.2K – $856.3K
NOI $51,379 @ 7.0% cap · market cap 9.88%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
67
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer three-bedroom layouts, private garages, and contemporary interior finishes.
Where is this duplex located?
The property is located at 845-847 Meadow RD Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 bathrooms; 2,332 square feet; built in 2025; Attached one‑car garage for each residence, with epoxy flooring
