1010/1012 Gerald Avenue, Lehigh Acres, FL 33936
- $499,000
- 4
- BD
- 4
- BA
- 2,398
- SqFt
- List Price
- $499,000
- Status
- ACTIVE
- MLS#
- 2026027378
- Bedrooms
- 4
- Bathrooms
- 4
- Living Area
- 2,398
- Development
- Lehigh Acres
- Subdivision
- Lehigh Acres
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
- Taxes
- $393
- Building Design
- Duplex
- Year Built
- 2025
- Community Type
- None
- Construction
- Block, Concrete, Stucco
- Living Area
- 2,398
- Acres
- 0.24
- Amenities
- None
- Cooling
- Central Air, Electric
- Heating
- None
- Flooring
- Tile
- Exterior Features
- Patio
- Waterfront Description
- None
- Water
- Well
- Sewer
- Septic Tank
- Pets
- Yes
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Listing courtesy of Verawood Realty Inc.