3 Bed SingleFamilyResidence for Sale in Lehigh Acres
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For SaleMLS# 2026002543

$359,900

3 Bed SingleFamilyResidence for Sale in Lehigh Acres

5540 Banning Street, Lehigh Acres, FL, 33971

3 beds2 baths1,485 sqft2 garage
Gated

About this home

FANTASTIC HOME IN SOUGHT AFTER AREA OF LEHIGH ACRES: This house is full of upgrades. 3 bedrooms, 2 bathrooms, back lanai with 2 car garage, double driveway; one driveway to the 2-car garage and the second driveway to the house back patio. House perimeter is completely fenced. Large size concrete back patio with a gazebo. This property has an upgraded metal roof consisting of metal barrel Mediterranean tile type. Kitchen has deluxe custom-made cabinets with granite countertops. Upscale appliances: Stainless steel refrigerator (side by side doors with freezer on bottom), wall-mounted stainless steel double oven and stove top with stainless steel ventilation hood. Kitchen also offers a stylish backsplash on the wall surfaces and a spacious island with granite countertop. Master bedroom has a spacious walk-in closet, bathroom with double sinks and granite countertop, shower & separate toilet enclosure. Spacious guest bedrooms. All interior doors are solid pine wood. Bathrooms have deluxe custom-made cabinets with elegant faucets. Wood front door with glass provides beautiful visual appeal and light during the day. Interior laundry with washer & dryer. Sprinkler system. There is a pre-wired connection (for generator), so the property has electric supply after a storm. The front of the house has a beautiful landscape and in the back; mango, lemon and lychee trees. GREAT LOCATION: This house is located half a block east of Alvin Ave and 3 blocks north of Lee Blvd offering easy drive to Fort Myers and Cape Coral. Close to shopping centers, restaurants and schools. MAKE THIS YOUR DREAM HOME. A MUST SEE!

Property details

Type
SingleFamilyResidence
Year built
2006
Interior
1,485 sqft
Lot size
10,890 sqft
Acreage
0.25 acres
Garage
2 car
Days on market
204
Total association fees
None
CDD
None
Est. taxes (1.4%)
$5,039/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
North
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Well
Sewer
Septic Tank
New construction
No
Pets
Yes
County
Lee

Amenities

SeeRemarks

Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.

Above marketThis home is priced above comparable recent sales.
This home
$242/sqft
Comp median
$211/sqft
Difference
+15%

Based on the $/sqft of 10 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.

AddressSoldSold priceBeds/BathsSq ft$/sqft
5525 Berryman StreetDec 2025$345,0003/21,615$214
5504 Beauty StreetJan 2026$349,9993/21,656$211
1027 Alfreda AvenueNov 2025$315,0003/21,473$214
831 Angelo AvenueAug 2026$318,0003/21,534$207
1013 Agnes AvenueNov 2025$334,9003/21,416$237
1013 Anson AvenueAug 2026$385,0003/21,640$235
Average6 comps$341,317$220

Market trends, Lehigh Acres

Median list
$319,990
Median $/sqft
$205
Median sold (90d)
$306,000
Avg days on market
77
Active listings
1,583
Median sold price · Lehigh Acres
$306,000last 3 months0.7% vs $304,000 prior 3 months
Median closed price by month · Lehigh Acres
0.9% MoM3.2% YoY
$297k$311k$324kJul ’25Aug ’26
$305,000Aug ’26 · 208 sales

Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $30,000 (7.7%) from the original list price.

Aug 12, 2026Price reducedfrom $364,900$359,900
Jan 20, 2026Listed$389,900

The good, the trade-offs & the location

Pros
  • Built 2006 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
  • 2-car garage
Location convenienceHigh
Hospital
7.6 mi
Lehigh Regional Medical Center
Beach
17.2 mi
Fort Myers Beach
Airport
6.1 mi
RSW Intl (Fort Myers)
Shopping
7.7 mi
Edison Mall (Fort Myers)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.