Duplex with Flexible Den
847 Meadow Road, Lehigh Acres, FL 33973
For Sale
New
$549,000
Each residence includes two bedrooms, two bathrooms, and a den.
Property Size2,330 SF
Price / SF$235.62
Days on Market4
Property Features for 847 Meadow Road
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
Tile
true
4
Impact Glass
false
Rectangular Lot,Sprinklers Automatic
Well
0.285
100 x 124 x 100 x 124
Plans
Paved
Sprinkler/Irrigation,Patio
2330
Building Details
Building Size
Year Built
Listing Agency:
(239) 499-3259
Listed By:
Pamela Weekly
Source:
Teamweekly
Added: Nov 10
Last Checked: Nov 13 at 5:29AM
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 Pamela Weekly
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Completed in 2025, this duplex contains 2,330 square feet. Each residence is configured with two bedrooms, two bathrooms, and a den. Interior features include tile flooring, quartz countertops, premium appliances, 10-foot ceilings, 8-foot doors, and impact glass. The property is zoned RM-2 and sits on a 0.285-acre lot measuring 100 x 124 x 100 x 124 feet.
Located at 847 Meadow Road in Lehigh Acres, the property has paved access. Exterior features include a patio, automatic sprinklers, and a well.
Located at 847 Meadow Road in Lehigh Acres, the property has paved access. Exterior features include a patio, automatic sprinklers, and a well.
Key Highlights
- Two residences, each with 2 bedrooms, 2 bathrooms, and a den
- 2,330 square feet; built in 2025
- 0.285‑acre lot with dimensions of 100 x 124 x 100 x 124 feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,396
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$587,920
$587.9K
Cap Rate 7%
$419,943
$419.9K
Cap Rate 9%
$326,622
$326.6K
Market Conditions
NOI Build-Up for 2,330 SF
Gross rent
$44.2K $18.96/SF
− Vacancy
−$2.2K −$0.94/SF
EGI
$42.0K $18.02/SF
− OpEx
−$12.6K −$5.41/SF
NOI
$29.4K $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%
$587,920
Cap Rate 7%
$419,943
Cap Rate 9%
$326,622
Alternative Uses
Best Use
Multifamily LT 5
$419.9K
$367.5K – $489.9K
NOI $29,396 @ 7.0% cap · market cap 5.35%
Second Best
Apartment 5plus
$387.4K
$339.0K – $451.9K
NOI $27,116 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$733.4K
$641.7K – $855.6K
NOI $51,335 @ 7.0% cap · market cap 9.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
62
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
$334,800
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Lehigh Acres, FL
Properties on Market for Duplexes in Lehigh Acres
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes two bedrooms, two bathrooms, and a den.
Where is this duplex located?
The property is located at 847 Meadow Road Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms, 2 bathrooms, and a den; 2,330 square feet; built in 2025; 0.285‑acre lot with dimensions of 100 x 124 x 100 x 124 feet
