AracelyPerez
BEDS6
BATHS
SQUARE FEET2,330
MLS#C7526743
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONLEHIGH ESTATES
Property Description
Excellent investment opportunity in the rapidly growing Lehigh Acres market! This well-maintained duplex offers two spacious 3-bedroom, 2-bathroom units, each with a 1-car garage and private entrance, making it highly desirable for long-term tenants. Built in 2005 with solid block construction and located in Flood Zone X with no flood insurance required, this property checks all the boxes for investors seeking stable cash flow and low maintenance ownership.Each side features over 1,100 square feet of living space with open floorplans, tile flooring in main living areas, central water, septic, and separately functional layouts ideal for maximizing rental appeal. One lease is currently below market at $1,495/month and expires June 30, presenting immediate upside potential for increased income. Estimated market rents support strong future returns and improved cap rate potential.Situated on an oversized corner lot with ample parking and easy access to SR-82, Fort Myers, shopping, dining, and employment corridors, this duplex is positioned in an area experiencing continued residential growth and rental demand. Whether you're expanding your portfolio, house hacking, or seeking a solid income-producing asset, this property offers excellent long-term investment potential with room for rental growth.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Garage: 2 car attached
Heating: Central, Electric
Lot Size: 0.28 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $4,308
Year Built: 2005
Amenities
Ceiling Fans(s)
Private Entrance
Rain Gutters
Feature Descriptions
Annual Net Income: 30230.00
Directions: Starting on US-75, take exit 138 onto FL-82 E. Turn left onto Ray Ave S and then another left onto 29th St SW. The duplex will be on the left.
Exterior: Block, Stucco
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 0.28
Other Equipment: Private Entrance
Ownership: Fee Simple
Parking: Driveway, Off Street
Parking Notes: Driveway, Off Street
Patio/Porch: Patio
Pool: Lap
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Septic Tank
Showing Instructions: 24 Hour Notice, Appointment Only, Combination Lock Box, Do Not Contact Tenants, Lock Box Coded, Other, See Remarks, ShowingTime
Special Sale Provisions: None
Utilities: Cable Connected, Electricity Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RM-2
Local Schools
High School: Lehigh Acres High School
Middle School: Lehigh Acres Middle School
Elementary School: Gateway Elementary
Listed By / Shown By
Listed By
Agency Name: COLDWELL BANKER SUNSTAR REALTY
Agency Contact: 941-225-4663
Shown By
Agent Name: Aracely Perez
Agent Phone: Cell: (305) 333-2003
Agency Title: Realty 100
Estimate Your Payment
Estimated Payment
$ 1,321.84 per month $851.28 Principal & Interest $359.00 Property Tax $111.56 Homeowner's InsuranceChange Payment Information
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4893/4895 29th Street Sw | MLS# C7526743
This multi-family property located at 4893/4895 29th Street Sw, Lehigh Acres, FL 33973 is currently listed for sale with an asking price of $382,500. Search Lehigh Acres real estate on aperez.realty100.com today.