Great investment opportunity, 2 bedroom 2 bathroom plus den on each side. Single car garages, long driveways. Den can be used as a bedroom. Tile throughout, large open kitchen and living rooms. New A/C in 2023, new roof in 2022. Great location close to SR 82, RSW, shopping and dining. Quick assess to Fort Myers.
Multi-familyProperty Type
2007Year Built
0.28 acresLot Size
$196Price/Sq.Ft.
2 car garageParking
Listed by Debra Dupree• Douglas Realty & Development
Lehigh Estates, located between Lee Boulevard and Sunshine Boulevard, is a residential and semi-rural Lehigh Acres neighborhood with a canal-laced street grid and wide-lot homesites. The area reads as Florida inland: palms, drainage canals, and long, straight roads that favor garages, screened lanais, and backyard space. The neighborhood’s character concentrates around the Lee Blvd & Gunnery Rd S intersection, where local plazas, taquerias, barbershops, and service counters set a practical, everyday rhythm. Nearby, Lehigh Acres Trailhead Park frames the outdoor routine with multiuse paths and open fields. For local staples, places like Lehigh Acres Community Park and Veterans Park host courts, playgrounds, and shaded picnic pockets. Life here centers on driving loops, weekend park time, and a low-rise landscape that stays open to the sky.
Provided by Walk Score and Local Logic
Offer insights
123 Meadow Rd · $449,000
$446K and above
75% chance or better to win
Why $446K+ is a strong offer
DAYS ON MARKET
355 days
The average home goes pending in 78 days.
SALE-TO-LIST
95.2%
Most homes are selling 5% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Single hung windows
Tile flooring
Bedrooms
Two 2-bedroom units
Bathrooms
Each unit has 2 full bathrooms (4 full bathrooms total)
Kitchen
Unit 2 includes dishwasher, range, refrigerator
Laundry & utility
Laundry area in garage for both units
Flooring
Tile
Heating & cooling
Central heating (electric)
Central air conditioning (electric)
Ceiling fans
Exterior features
Rectangular lot
No additional exterior amenities listed
Home design
Multifamily property with 2 units
Resale condition
Zoned RM-2
Parking
Each unit has an attached 1-car garage
Auto garage door on Unit 2
Construction
Block, concrete and stucco construction
Shingle roof
Utilities
Cable available
Septic tank
Well water
HOA & community
No association fee
Financial info
Gross scheduled income: $3,300
Operating expenses: $2,800
Actual rent: $1,650 per unit
Pro forma rent: $1,650 per unit
Other
Pets allowed
Tenants responsible for application fee, credit check, cable TV, departure cleaning, grounds care, janitorial service, pest control, pet deposit and security
Electricity and solar
View estimated energy costs and solar savings for this home
Prime location in Lehigh Acres, across from Gateway. Current long-term tenant at 121 side is month-to-month for $1,000/mo. The current tenant at 123 side has a lease until August 31, 2022 - $1,100/mo. This side has new carpet, paint, kitchen, new vanities in both bathrooms. New water systems on both sides. AC units less than 6 years old.
NAPLESMLS #222013016
Feb 21, 2022
Listed
$389,000
$170/sq ft
Feb 21, 2022
Listing Removed
—
Public Records
Nov 25, 2015
Sold
$137,000
$60/sq ft
FORTMLS #201052804
Mar 2, 2015
Price Changed
$64,900
$28/sq ft
Jan 19, 2011
Sold
$66,100
$29/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,434 (+8.2%)
$51,551 + $301,093
$352,644
2024
$5,022 (+3.3%)
$32,635 + $290,794
$323,429
2023
$4,862 (+31.1%)
$32,635 + $290,794
$323,429
2022
$3,708 (+17.7%)
2021
$3,151 (+4.5%)
2020
$3,014 (−6.8%)
2019
$3,233 (+7.5%)
2018
$3,008 (+5.6%)
2017
$2,849 (+12.1%)
$3,900 + $137,401
$141,301
2016
$2,541 (+16.6%)
$3,900 + $137,401
$141,301
2015
$2,180 (+28.0%)
$3,900 + $105,525
$109,425
2014
$1,703
Public record
Beds
6
Baths
4
Stories
1
Lot width
—
Lot depth
—
Lot size
0.32 Acres
Year renovated
2008
Finished Sq. Ft.
2,228
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,228
Year built
2007
Style
Multi-Family (2-4 Unit)
County
Lee County
APN
314426L1020270200
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 16, 2026.
Historical weather
Lehigh Acres, FL • 33973
Average low and high temperatures (°F)
73
51
79
56
83
60
86
64
91
71
92
74
91
75
91
75
90
75
85
70
82
61
78
57
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
7.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 123 Meadow Rd
$421,531
$27K under list price of $449K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $360K to $540K.