4 Bed Waterfront Home for Sale in Lehigh Acres
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For SaleMLS# 2026037315

$329,900

4 Bed Waterfront Home for Sale in Lehigh Acres

1500/1502 W 12th Street, Lehigh Acres, FL, 33972

4 beds4 baths1,928 sqft
BoatingWaterfront

About this home

INVESTMENT OPPORTUNITY | DUPLEX Offered at $329,900, this duplex in Lehigh Acres presents an excellent opportunity for investors or owner-occupants seeking an income-producing property with future potential. The property features 4 bedrooms, 4 bathrooms, and approximately 1,928 square feet of gross living area, with two separate units. The property has undergone some remodeling, although the renovations are not fully completed and additional cosmetic updates may be desired. This provides an opportunity for a new owner to complete improvements and add value over time. Both units are currently leased on a month-to-month basis, offering immediate rental income while providing flexibility for future rental strategies, renovations, or owner occupancy. One of the property's standout features is its canal-front rear exposure, offering a desirable setting, additional privacy, and an attractive outdoor environment. The property also has no HOA, helping simplify ownership and potentially reducing ongoing expenses. Whether you're looking to expand your rental portfolio, generate rental income, or take advantage of the flexibility provided by two separate units, this canal-front duplex is an opportunity worth exploring.

Property details

Type
Duplex
Year built
2005
Interior
1,928 sqft
Lot size
10,436.976 sqft
Acreage
0.24 acres
Garage
None
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,619/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Impact Windows/Doors
Exposure
South
Waterfront
Yes
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
$171/sqft
Comp median
$201/sqft
Difference
-15%

Based on the $/sqft of 18 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
1100 Congress AvenueMay 2026$375,0003/21,839$204
1220 Euclid AvenueJul 2026$410,0004/31,820$225
1102 W 11th StreetFeb 2026$340,0004/32,057$165
1312 Oak AvenueNov 2025$400,0004/31,864$215
1402 Congress AvenueFeb 2026$362,0003/21,788$202
1202 W 14th StreetJan 2026$320,9904/21,829$176
Average6 comps$367,998$198

Market trends, Lehigh Acres Park Area

Median list
$369,900
Median $/sqft
$215
Median sold (90d)
$360,000
Avg days on market
86
Active listings
32
Median sold price · Lehigh Acres Park Area
$360,000last 3 months3.6% vs $347,500 prior 3 months
Median closed price by month · Lehigh Acres Park Area
9% MoM
$328k$355k$383kFeb ’26Aug ’26
$327,500Aug ’26 · 4 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
  • Built 2005 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
  • Waterfront
  • Storm protection: Impact Windows/Doors
Consider
  • No garage listed
Location convenienceModerate
Hospital
2.2 mi
Lehigh Regional Medical Center
Beach
22.3 mi
Lovers Key State Park
Airport
9.7 mi
RSW Intl (Fort Myers)
Shopping
13.7 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.