Sold Jun 21, 2026
$459,999Offered at $499,000Active
- beds
- 6
- baths
- 4
- sq ft
- 2,398
- Built
- 2025
1010/1012 Gerald Avenue
Lehigh Acres, FL 33936
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.
Listing last checked: Listing updated:
Listed by Jorge Mata Mota · Verawood Realty Inc · MLS #2026027378
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Details at a glance
Interior3 property facts
- Heating
- None
- Cooling
- Central Air, Electric
- Flooring
- Tile
Building3 property facts
- Style
- Duplex
- Year built
- 2025
- Roof
- Shingle
Land & utilities3 property facts
- Lot size
- 0.2399 acres
- Water
- Well
- Sewer
- Septic Tank
Financial3 property facts
- Annual taxes
- $393
- Assessment year
- 2025
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $499,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$2,556 / monthAdjust
- Principal & interest
- $2,523
- Property tax
- $33
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $393. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.
Partial estimate: add insurance to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
More property insights
Comparable properties 3 supplied
Sold Aug 19, 2026
$450,000326/328 Limerick Avenue S
Sold Jun 24, 2026
$480,000521 Lillon Avenue S
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About 1010/1012 Gerald Avenue
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