3 months on rocket

5518 Billings St, Lehigh Acres, FL, 33971

$439,999

Home List Price

$5,225*

Closing Credit

6 Bedrooms
4 Full Baths, 2 Partial
3,280 SqFt
$134/SqFt
House

Location

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5518 Billings St, Lehigh Acres$439,999

Buyer Closing Credits

$5,225*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built2008
HeatingElectric
CoolingCentral Air
MLS #T3546876
Lot Size0.16 Acres
StatusActive

About 5518 Billings St

Highest & best by 11/11! 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.

Property Details

Property Features

Property Information:

  • Year Built: 2008
  • Living Area: 3,280 SqFt

Listing Office:

  • Office Name: RICHARD PETERS REALTY LLC
  • Listing Agent: KEVIOUS DOUGLAS

Interior Features

Interior Information:

  • Appliances: Electric Water Heater
  • Flooring Type: Carpet, Tile
  • Interior: Other, Tray Ceiling(s), Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Private Mailbox

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 5518 Billings St
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

Other

Directions Information:

  • 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $439,999
  • Price Per SqFt: $134/SqFt

Tax Information:

  • Annual Amount: $1,958
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lehigh Acres, FL.

Med. Sold Price

$365.3K

Med. Price/SqFt

$222

Avg. Days On Market

66

# of Sold Homes

272

5518 Billings St vs Lehigh Acres

101 DAYS ON ROCKET

+35 Days

$439,999

+$74.6K More

$134/SqFt

-$89 Less

KEY TAKEAWAY

This property is $74.6K more than the Median Sold Price and $89/SqFt less than other homes in Lehigh Acres, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #T3546876

Listing Office:

  • Office Name: RICHARD PETERS REALTY LLC
  • Listing Agent: KEVIOUS DOUGLAS

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 7:19:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 12, 2010Home Sold
$40,000
Apr 02, 2007Home Sold
$27,500
Dec 27, 2006Home Sold
$39,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,958$110,637
2019$2,005$106,811
2018$1,892$97,101
2017$1,755$90,428

History based on county public records data.

Payment Calculator

$2,264

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,386

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-374250
4
/10
  • Tortuga Preserve Elementary School

  • 1711 Gunnery Rd N

  • 1.75 miles

  • Public District Grades KG-5

school-card-donut-374251
4
/10
  • Harns Marsh Elementary School

  • 1800 Unice Ave N

  • 3.17 miles

  • Public District Grades KG-5

school-card-donut-374252
4
/10
  • Sunshine Elementary School

  • 601 Sara Ave N

  • 3.60 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,574. Typical income of Lehigh Acres, FL residents is between $35k-100k annually. Residents typically live in married, with kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5518 Billings St

What is the listing price of this property?

The listing price of 5518 Billings St property is $439,999.

What type of property is this?

The property 5518 Billings St is a house located in Lehigh Acres, Florida, 33971.

Is this property for sale now?

Active Listing: 5518 Billings St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,958 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 12, 2010 for $40,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5518 Billings St has 6 bedrooms and 4 full and 2 half bathrooms.

What is the square footage of this property?

The property 5518 Billings St is 3,280 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5518 Billings St is 2008.

Rocket HomesFloridaLee CountyLehigh Acres339715518 Billings St

This home is located at 5518 Billings St in Lehigh Acres, FL and zip code 33971 in the Centennial neighborhood. This 3,280 square foot home, which was built in 2008, sits on a 0.16 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since August 07, 2024 and is currently priced at $439,999.

In October 2024, from all listings sold in Lehigh Acres, FL there were more than 29 sold above asking price, over 175 sold below and more than 68 were sold right at the asked price. Between September 2024 and October 2024, Lehigh Acres, FL real estate market has seen increase in the number of listings by 4.5%. The median list price of listings available in October 2024 was $365,312, while the average time on the real estate market was 66 days.

From Rocket Homes Real Estate and based on county public records data.

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