1010/1012 Gerald Ave, Lehigh Acres, FL 33936
- $499,000
- 4
- BD
- 4
- BA
- List Price
- $499,000
- Listing Price
- $499,000
- Days on Market
- 53
- MLS#
- 2026027378
- Development
- Lehigh Acres
- Building Design
- Duplex
- County
- Lee
- Region
- LA01 - North Lehigh Acres
- Development
- Lehigh Acres
- Subdivision
- Lehigh Acres
- Year Built
- 2025
- Total Area
- 10,450
Property Description
New construction duplex built in 2025 — fully leased and generating income from day one. Two identical units, each with 2 bedrooms, 2 bathrooms, a den, and 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.
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Additional Information
- Units
- 2
- Bathrooms
- 4
- Lot Description
- Regular
- Lot Frontage
- 95
- Construction
- Concrete Block, Stucco
- Amenities
- None, No Subdivision
- Windows
- Impact Resistant, Single Hung, Sliding
- Water
- Well
- Sewer
- Septic Tank
- Cooling
- Central Electric
- Irrigation
- None
- Waterfront Description
- None
- Boat Access
- None
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Listing courtesy of Verawood Realty Inc.