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5518 Billings Street

Lehigh Acres, FL 33971

6 beds
6 baths
3,280 sqft
6,874 sqft lot
$131 per sqft
2008 build
– on site

Hard to find turnkey duplex investment opportunity in the heart of Lehigh Acres. This well-constructed property boasts two separate 3 bed, 2.5 bath, with 1,640 sqft each, offering ample space for multiple tenants. Currently occupied by a mix of month-to-month and one-year lease tenants. Live in one & rent the other, or continue to rent both for excellent chance to increase your cash flow. Nestled in the vibrant neighborhood of Centennial Park, the property enjoys proximity to desirable amenities. Lehigh Senior High School is just a short distance away, perfect for families with teenagers. Nature enthusiasts will appreciate the nearby Buckingham Community Park, providing a serene escape for outdoor recreation. The quality of construction ensures long-term value and minimal maintenance concerns. With its strategic location and robust rental income potential, this multi-family home is an ideal addition to any real estate portfolio. Don't miss the opportunity to enhance your investment strategy with this promising property in a growing community. Investor notes: Potential yearly gross rents for combined units: $52,800+. Roof 16 years old. No HOA/CDD. CC credits and buy down rate options available. Feel free to soft pitch purchase agreements to listing agent before writing anything up. Ask me anything, big or small. I’m happy to help. IF THIS IS “NOT ON MY MLS," please just reach out to listing agent below for disclosures and MLS info sheet. No assignable contracts accepted.

Listing courtesy of STELLAR_MLS / RICHARD PETERS REALTY LLC

Last checked: Checking… • Last updated Feb 1, 2025 •

MLS# T3546876 —

The Building

Year Built:

2008
New Construction:

false
Construction Materials:

Stucco
Levels:

Two
Roof:

Shingle
Foundation Details:

Block
Building Area Total:

4528
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Other
Flooring:

Carpet
Fireplace:

false

Room Dimensions

Living Area:

3280
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Take I-75 S towards exit 138 for FL-82 toward Fort Myers/Immokalee/Martin Luther King Blvd. Use the left 2 lanes to turn left onto FL-82 E. Drive 1.9 miles & use the left 2 lanes to turn left onto Buckingham Rd. Drive 2.3 miles & Turn right onto Alaska Ave. Drive 341 ft. & turn left at the 1st cross street onto Billings St. Destination will be on the left in 338 ft.
Latitude:

26.635807
Longitude:

-81.744673
Coordinates:

-81.744673, 26.635807

The Property

Parcel Number:

194426L205023.0100
Property Type:

Residential
Property Subtype:

Single Family Residence
Lot Size Acres:

0.16
Lot Size Area:

6874
Lot Size SqFt:

6874
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

RM-2
Direction Faces:

South
View:

false
Exterior Features:

Private Mailbox
Water Source:

Well
Road Surface Type:

Asphalt
Flood Zone Code:

X
Flood Zone Panel:

12071C0313F
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

10
Tax Block:

23
Tax Legal Description:

LEHIGH ACRES UNIT 5 BLK 23 PB 26 PG 26 E 1/2 OF LOT 10
Tax Book Number:

26-26
Tax Annual Amount:

2540

Beds

Bedrooms Total:

6

Baths

Total Baths:

5
Total Baths:

6
Full Baths:

4
Half Baths:

2

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/T3546876
Special Listing Conditions:

None

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Public
Sewer:

Septic Tank

Appliances

Appliances:

Electric Water Heater
Laundry Features:

Common Area

The Community

Subdivision Name:

LEHIGH ACRES
Senior Community:

false
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

2
Carport:

false
Covered Spaces:

2

Monthly cost estimate

Asking price

$429,999

Expense	Monthly cost
Mortgage	$2,302
Taxes	$211
Insurance	$118
Utilities	$191 See report
Total	$2,822/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
1/2/25 Jan 2, 2025	Price Changed	STELLAR_MLS	$429,999	-1.4%
11/20/24 Nov 20, 2024	Price Changed	STELLAR_MLS	$435,999	-0.9%
11/7/24 Nov 7, 2024	Price Changed	STELLAR_MLS	$439,999	-2.2%

House For Sale

$429,999

Cost Est.

$2,822/mo.

Price drop −$6,000

Listing provided by broker:

KEVIOUS DOUGLAS

RICHARD PETERS REALTY LLC

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This house located in Centennial, Lehigh Acres, FL 33971 is currently for sale for $429,999. 5518 Billings Street is a 3,280 square foot house with 6 beds and 6 baths that has been on Estately for 239 days. 5518 Billings Street is in the Centennial neighborhood of Lehigh Acres and has a WalkScore® of 1, making it car-dependent. This house is in the attendance area of James Stephens Elementary, Oak Hammock Middle School, East Lee County High School, Sunshine Elementary School, River Hall Elementary School, Tortuga Preserve Elementary School, The Alva School, Mirror Lakes Elementary School, Varstiy Lakes Middle School, and Lehigh Senior High School.

Listing Courtesy of: STELLAR_MLS and RICHARD PETERS REALTY LLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.