For Sale Duplex MLS# 2026027378

1010/1012 Gerald AVE

LEHIGH ACRES, FL 33936

$499,000

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About 1010/1012 Gerald AVE

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.

Property details

Property

Type
Duplex
MLS type
Duplex
Status
Active
Year built
2025
Living area
2,398 sqft
Price / sqft
$208
Lot
0.2399
Full baths
4
Original price
$499,000
MLS #
2026027378

Interior

Features
true, Central Electric, false, Tile
Flooring
Tile
Cooling
true, Central Electric

Exterior & lot

Features
Duplex
Construction
Concrete Block, Stucco, Concrete Block, Shingle
Roof
Shingle
Foundation
Concrete Block
Lot
RM-2, LEHIGH ACRES UNIT 9 REPLT BLK 33 PB 12 PG 55 LOT 14, 22-44-27-L2-09033.0140

Schools

District
Lee County School District

Utilities

Utilities
Septic Tank, Well
Water
Well
Sewer
Septic Tank

Financial

Financial
Florida Gulf Coast
Annual tax
$393
Tax year
2025
Parcel
22-44-27-L2-09033.0140
Legal
LEHIGH ACRES UNIT 9 REPLT BLK 33 PB 12 PG 55 LOT 14

Location

Subdivision
LEHIGH ACRES
Area
LEHIGH ACRES
County
Lee
Neighborhood
Joel
Community
Lee, Paved, Florida Gulf Coast

Location

Neighborhood
Joel
Subdivision
LEHIGH ACRES
School district
Lee County School District

Ask about this property

Questions on 1010/1012 Gerald AVE, LEHIGH ACRES, FL 33936, or want to see it in person?

Listed by Jorge Mata Mota, Verawood Realty Inc

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.