For sale

$1,650,000

0.3 acresBuilt 2004

5008-5010 Leonard BlvdLehigh Acres, FL 33973

Multifamily property · MLS 11985338 · Listed 128 days ago (Jun 29, 2026)

Report a problem

Active: Listed and available according to the MyStateMLS feed.

About this property

Rare opportunity to acquire a turnkey five-unit residential income portfolio in fast-growing Lehigh Acres, offered asa single sale. The collection pairs a 2023-built single-family home with two well-maintained duplexes (built 2004and 2006), spreading income across three separate parcels and five rentable units. Combined gross scheduled rent of approximately $120,600 per year supports stable cash flow, with a lean operating profile that converts roughly 80% of collected rent to net operating income. The newer single-family residence offers modern finishes and lower near-term maintenance, while the duplexes add per-door yield and multi-tenant diversification. All three properties sit within one market, simplifying oversight.

Description provided by the listing brokerage.

Key facts

Asking price
$1,650,000
Status
For sale
Property type
MultifamilyFrom the MLS property class
Land area
0.3 acresSource field LotSizeAcres
Year built
2004
MLS number
11985338

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.

Price

Asking price
$1,650,000

Building and site

Stories
1
County
Lee County

Reported features

  • Public water (from a listing field)

A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.

Listing details

Flooring

  • Tile

Heating

  • Other
  • Electric

Water

  • Public (Water Source)

Sewer

  • Other

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Lehigh Acres or multifamily property in Lehigh Acres.

Why this listing is on Commercial Only

  • Multi-unit income property class. (PropertyTypeDetail: multi-unit)

How listings qualify. Something wrong? Report it.

Price and status history

    Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.

    Similar listings

    Multifamily property listings for sale in Lee County, asking $825,000 to $2,475,000, newest first. Each one passes the same eligibility and display rules on its own. See all matches

    Photo 1 of 19, commercial property at 3505 Skyline Blvd, Cape Coral, FL 33914
    For sale

    $1,800,000

    Multifamily property

    0.36 acres

    3505 Skyline BlvdCape Coral, FL 33914

    Listing courtesy of Compass Florida LLC · MyStateMLS #11616999

    Guides

    Listing courtesy of The Cardenas Group Realty. Listing agent: Carlos Cardenas. Listings provided by MyStateMLS.

    Listing last modified at the source Oct 7, 2026, 7:46 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 2:00 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.