1010/1012 Gerald Avenue, Lehigh Acres, FL 33936

$499,000
6
BD
4
BA
2,398
SqFt

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List Price
$499,000
Listing Price
$499,000
Days on Market
83
MLS#
2026027378
Development
Lehigh Acres
Building Design
Duplex
County
Lee
Region
LA01 - North Lehigh Acres
Development
Lehigh Acres
Subdivision
Lehigh Acres
Year Built
2025

Property Description

New construction duplex built in 2025 — fully leased and generating income from day one. Two identical units, each with a one-car garage. 1,199 SF per unit. Tile floors throughout, quartz countertops, stainless steel appliances, and impact windows and doors. No HOA. Both units are leased at $1,650/month ($3,300/month combined) with leases commencing August 2026. Annual lease terms. No lease-up risk, no vacancy period — contracted cash flow in place at closing. Well water and septic eliminate water and sewer costs entirely for tenants.

Additional Information

Units
2
Bathrooms
4
Approximate Living Area
2,398
Building Description
Duplex
Lot Size
0.2399
Construction
Block, Concrete, Stucco
Amenities
None
Exterior Features
Patio
Water
Well
Sewer
Septic Tank
Cooling
Central Air, Electric
Waterfront Description
None
Community Type
None

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Verawood Realty Inc.