Prime multi-family zoned lot on one of Lehigh Acres’ most convenient north-south corridors — perfect for investors looking to build income-producing duplex units in a rapidly growing community. This property offers strong accessibility, steady rental demand, and long-term value. Property Highlights Zoned for duplex construction — ideal for building two rental units or a multi-generational setup Generous lot size with flexible building options High-and-dry Florida living with utilities available in the area No HOA and no deed restrictionsStrong rental demand thanks to nearby schools, shopping, and commuter routes Surrounded by new construction, boosting long-term appreciation Location Benefits Positioned on Alabama Rd S, a well-connected roadway offering quick access across Lehigh Acres Minutes to SR-82, making commuting to Fort Myers, Gateway, and major employers simple Close to Publix, Walmart, restaurants, parks, and schools Easy access to Sunshine Blvd, Lee Blvd, and other major arteries Ideal for tenants who value convenience and short drive times Why This Lot Stands Out This stretch of Alabama Rd S is known for its steady growth, consistent rental demand, and ongoing development activity. Investors appreciate the area’s high occupancy rates, strong tenant pool, and excellent accessibility. Whether you’re building to rent or building to sell, this lot delivers long-term potential in one of Lehigh Acres’ most active multi-family corridors.
Alabama, located between Lee Boulevard and Sunshine Boulevard N, is a residential and semi-rural Lehigh Acres neighborhood with canal-lined streets and wide lots. The neighborhood’s character concentrates around the Lee Boulevard corridor near Gunnery Road N, where auto shops, local eateries, and everyday services set a practical, workday rhythm. Low-rise homes and newer infill sit beside palms, drainage canals, and long sightlines that keep the landscape feeling open. Trail access and boardwalk scenery at nearby Harns Marsh add a nature-forward counterpoint to the grid. For a local night out, The Cave Sports Bar & Grill and Lehigh Acres Italian Restaurant anchor the area’s independent dining scene. Shopping runs often center on the small-business mix at Lehigh Acres Town Center.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Multi-family use
Exterior features
Oversized lot
Lot dimensions approximately 89 x 125 x 94 x 126
Property faces east
Lot exposure to the west
Publicly maintained road access
Home design
Multi-family property
Zoned RM-2
Utilities
Electricity available
No sewer available
No public water available
HOA & community
Non-gated community
No association fee
Financial info
Offered for sale
Electricity and solar
View estimated energy costs and solar savings for this home
Duplex building parcel located in well establish neighborhood close to shopping and schools.
Public Records
Apr 8, 1987
Sold
$5,500
Year
Property tax
Land + Additions
Assessment*
2025
$5,966 (+466.2%)
2024
$1,054 (+198.8%)
2023
$353 (+12.5%)
2022
$314 (+11.2%)
2021
$282 (+2.6%)
2020
$275 (+112.8%)
2019
$129 (+10.1%)
$4,800
2018
$117 (+10.8%)
$4,800
2017
$106 (+9.1%)
$4,361
2016
$97 (+6.6%)
$4,361
2015
$91 (+30.0%)
$4,000
2014
$70
Public record
Public record
Zoning
Beds
4
Baths
4
Stories
1
Lot width
—
Lot depth
—
Lot size
0.26 Acres
Year renovated
2024
Finished Sq. Ft.
2,570
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,570
Year built
2024
Style
Multi-Family (2-4 Unit)
County
Lee County
APN
074527L2311650080
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jan 22, 2026.
RM-2
Multiple-Family District
The purpose of the RM multiple-family districts is to designate suitable locations for residential occupancy of various types of conventional residential buildings for projects which are not already approved planned unit developments or which fall below the criteria for residential planned developments, and for facilitating the proper development and protecting the subsequent use and enjoyment there of. The RM Districts are intended for use only within the future urban areas as designated by the Lee Plan and are subject to the range of densities for each land use category accommodating residential uses.
Permitted uses
Include but are not limited to:
Religious facility
Healthcare
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Bed & breakfast
Office
Educational / school
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 107° expected this year, 28 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Lehigh Acres, FL • 33974
Average low and high temperatures (°F)
74
51
80
55
83
59
87
64
91
71
92
73
91
74
91
75
90
75
85
70
81
60
78
57
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
99/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
7.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 550/548 Alabama Rd S
$53,657
$1,343 under list price of $55K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $161K to $240K.