4893/4895 29TH ST SW, LEHIGH ACRES, FL, 33973
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4893/4895 29TH ST SW, LEHIGH ACRES, FL, 33973
$382,500
Residential Income
Bedrooms
6
Bathrooms
4
Living Area
2,330 Sqft
Lot Size
12,371 Sqft
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 Details
Property Features Property Features
MLS ID: MFRC7526743 Year Built: 2005
Construction Materials: Block, Stucco Cooling: Central Air
Country: US County Or Parish: Lee
Exterior Features: Private Entrance, Rain Gutters Foundation Details: Slab
Furnished: Unfurnished Heating: Central, Electric
Laundry Features: In Garage Levels: One
Listing Agreement: Exclusive Right To Sell Other Equipment: Private Entrance
Parking Features: Driveway, Off Street Patio And Porch Features: Patio
Pool Features: Lap Possession: Close Of Escrow
Property Condition: Completed Property Sub Type: Duplex
Property Type: Residential Income Road Surface Type: Paved
Roof: Shingle Sewer: Septic Tank
Showing Requirements: 24 Hour Notice, Appointment Only, Combination Lock Box, Do Not Contact Tenants, Lock Box Coded, Other, See Remarks, ShowingTime Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Cable Connected, Electricity Connected, Water Connected Water Source: Public
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