1010/1012 Gerald Avenue, Lehigh Acres, FL 33936
- $499,000
- 4
- BD
- 4
- BA
- 2,398
- SqFt
- List Price
- $499,000
- Status
- ACTIVE
- Days on Market
- 45
- MLS#
- 2026027378
- Subtype
- Residential Income
- Style
- Duplex
- Architectural Style
- Duplex
- Year Built
- 2025
- Bedrooms
- 4
- Bathrooms
- 4
- Full Baths
- 4
- Living Area
- 2,398
- Acres
- 0.24
- Subdivision
- Lehigh Acres
- Neighborhood
- Lehigh Acres
- MLS Area Major
- LA01 - North 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.
Additional Information
- Amenities
- None
- Exterior Features
- Patio
- Taxes
- $393
- Property Description
- Duplex
- Zoning
- RM-2
- Flooring
- Tile
- Heating
- None
- Air Conditioning
- Central Air, Electric
- Exterior Construction
- Block, Concrete, Stucco
- Roof
- Shingle
Courtesy of Verawood Realty Inc