New construction
Southwest Florida at a glance
Duplex · For sale
$499,000
6bd·4ba
1010/1012 Gerald AVE, LEHIGH ACRES, FL 33936
DuplexProperty type
2025Year built
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About this home
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
- Year built
- 2025
- Lot size
- 0.24 acres
- Community
- LEHIGH ACRES
- County
- Lee