3 Bed SingleFamilyResidence for Sale in Lehigh Acres, FL
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For SaleMLS# 2026032897

$269,000

3 Bed SingleFamilyResidence for Sale in Lehigh Acres, FL

514 Palmetto Avenue, Lehigh Acres, FL, 33972

3 beds2 baths1,352 sqft2 garage
Gated

About this home

LAND, SPACE AND POTENTIAL! Situated on a fully fenced half-acre lot, this 3-bedroom, 2-bath home offers an affordable opportunity to move in now and remodel at your own pace. The 1,352-square-foot, single-story layout features split bedrooms, vaulted ceilings, new LVP flooring throughout much of the home, a spacious living and dining area, pantry, inside laundry and a walk-in closet in the primary bedroom. The kitchen and bathrooms are functional today while offering the perfect opportunity to update and personalize over time. French doors open to a concrete patio and an expansive backyard with a variety of fruit trees, a storage shed and plenty of room to create your future Florida oasis; envision a pool, beautiful fit pit area, garden or expanded outdoor living area. Valuable improvements include a 2023 roof, the well replaced in 2024, copper plumbing replaced in 2024, a newer dishwasher, recently pumped septic system and manual storm shutters. An attached two-car garage and no HOA add even more flexibility. Historically rented for $1,800 per month, the property also offers potential as an income-producing investment. Whether you are purchasing your first home, seeking convenient one-level living or building your rental portfolio, this property delivers land, flexibility and the chance to make it your own.

Property details

Type
SingleFamilyResidence
Year built
1991
Interior
1,352 sqft
Lot size
21,780 sqft
Acreage
0.50 acres
Garage
2 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$3,766/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
East
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

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.

Below marketThis home is priced below comparable recent sales — a potential value.
This home
$199/sqft
Comp median
$215/sqft
Difference
-7%

Based on the $/sqft of 5 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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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
1206 Archdale StreetAug 2025$285,0003/21,320$216
327 Allenwood AvenueOct 2025$240,0002/21,318$182
907 W 9th StreetNov 2025$310,0003/21,365$227
204 Stanford StreetJan 2026$260,0002/21,207$215
115 Georgia RoadSep 2025$209,9002/21,211$173
Average5 comps$260,980$203

Market trends — Lehigh Acres Park Area

Median list
$375,000
Median $/sqft
$212
Median sold (90d)
$357,500
Avg days on market
80
Active listings
34
Median sold price · Lehigh Acres Park Area
$357,500last 3 months0% vs $357,500 prior 3 months
Median closed price by month · Lehigh Acres Park Area
1.5% MoM
$329k$356k$383kFeb ’26Jul ’26
$360,000Jul ’26 · 7 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 community medians from the MLS · see all listings. Indicative, not an appraisal.

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • 2-car garage
Consider
  • Built 1991 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceModerate
Hospital
1 mi
Lehigh Regional Medical Center
Beach
21.4 mi
Lovers Key State Park
Airport
9 mi
RSW Intl (Fort Myers)
Shopping
12.8 mi
Gulf Coast Town Center

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.