1010/1012 Gerald Avenue $499,000

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.
General Amenities
  • None
    Exterior Amenities
    • Patio
      Landscape Amenities
      • Rectangular Lot
        Community Amenities
        • None
          Beds
          4
          Baths
          4.00
          Lot Acres
          0.24
          Year Built
          2025
          Heat
          None
          Roof
          Shingle
          Virtual Tour
          1010/1012 Gerald Avenue
          Lehigh Acres, Florida 33936
          United States
          Subdivision: LEHIGH ACRES
          County: Lee
          Sale Type: For Sale
          Ref #: 2026027378
          Category: Multi-Family
          Listed by Verawood Realty Inc
          Beds
          4
          Baths
          4.00
          Total Units
          2
          Lot Acres
          0.24
          Heat
          None
          Cooling
          CentralAir,Electric
          Roof
          Shingle
          Year Built
          2025
          Beds
          4
          Baths
          4.00
          Lot Acres
          0.24
          Year Built
          2025
          Heat
          None
          Roof
          Shingle
          Virtual Tour
          1010/1012 Gerald Avenue
          Lehigh Acres, Florida 33936
          United States
          Subdivision: LEHIGH ACRES
          County: Lee
          Sale Type: For Sale
          Ref #: 2026027378
          Category: Multi-Family
          Listed by Verawood Realty Inc