NOT LISTED FOR SALE
4 Beds
4 Baths
-- Sq Ft
0.51 Acres

Last Sold September 20, 2023

Last sale price $430,000

14 Days on Market

Highlights

  • 0.51 Acre Lot
  • Concrete Block With Brick
  • Tile Flooring
  • Room in yard for a pool
  • Patio
  • Central Heating and Cooling System

About This Home

As of September 2023

Fantastic opportunity to own an income-producing property in a growing & highly convenient area of Lehigh Acres. This property is on a corner lot and offers .50 acres of land, perfect for anyone looking to invest in Florida real estate. Each unit features 2 bedrooms, 2 bathrooms, tile floors, spacious indoor laundry, and 1 car garage. The property is well maintained with a new shingle roof installed on 6/14/2022. Both units are currently tenant-occupied for $1,500 a month. Unit 4513 has a lease expiring on 8/30/2024 and unit 4515 is month to month. The tenants are responsible to pay their own light bill and refill their water system with softener salt. This property is located nearby shopping centers, restaurants, gas stations, and schools. It is only a short drive to Fort Myers, SR 82, & I-75 making it convenient for the tenants who work outside of Lehigh Acres.

Last Agent to Sell the Property

Lis Cruz

Realty One Group MVP License #NAPLES-249528333 Listed on: 07/10/2023

Co-Listed By

Liz Cruz

LPT Realty,LLC License #NAPLES-249527687

Last Buyer's Agent

Gemma Moreno Luna

Coldwell Banker Realty License #NAPLES-249528836

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,626

Year Built

  • Built in 1987

Lot Details

  • 0.51 Acre Lot
  • Paved or Partially Paved Lot

Home Design

  • Duplex
  • Concrete Block With Brick
  • Shingle Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Double Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Room in yard for a pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Well
  • Water Softener
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for full electric
  • Assessor Parcel Number 33-44-26-07-00002.0010
  • Tax Block 2
  • $3 Seller Concession

Community Details

Overview

  • 2 Units
  • Lehigh Acres Condos
  • Lehigh Acres Community

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $2,000
  • Net Operating Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,626

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Legal Description: LEHIGH ESTATES UNIT 7 BLK.2 PB 15 PG 87 LOT 1
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.612699$-81.718227$222.27$13.33$1.00$VCW-AnJ2N0tCJk9vU8Ws0w
  • Building Design: Duplex
  • Building Description: Duplex
  • Year Built: 1987
  • Property Information: Fantastic opportunity to own an income-producing property in a growing & highly convenient area of Lehigh Acres. This property is on a corner lot and offers .50 acres of land, perfect for anyone looking to invest in Florida real estate. Each unit features 2 bedrooms, 2 bathrooms, tile floors, spacious indoor laundry, and 1 car garage. The property is well maintained with a new shingle roof installed on 6/14/2022. Both units are currently tenant-occupied for $1,500 a month. Unit 4513 has a lease expiring on 8/30/2024 and unit 4515 is month to month. The tenants are responsible to pay their own light bill and refill their water system with softener salt. This property is located nearby shopping centers, restaurants, gas stations, and schools. It is only a short drive to Fort Myers, SR 82, & I-75 making it convenient for the tenants who work outside of Lehigh Acres.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Flooring: Tile
  • Windows: Double Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Irrigation: Well
  • Road: Access Road, Paved Road, Public Road
  • Exterior Features: Patio, Room for Pool
  • Exterior Finish: Stucco

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Septic
  • Water: Softener, Well

Association/Amenities

  • Pets: No Approval Needed
  • Development: Lehigh Acres
  • Community Type: Non-Gated
  • Units In Building: 2

Condo/Co-op/Association

  • Sub Condo Name: LEHIGH ACRES
  • Development Name: LEHIGH ACRES

Lot Info

  • Lot Unit: 1
  • Section: 33
  • Waterfront: No
  • Zoning Code: RM-2
  • Acres: 0.5060
  • Lot Description: Regular
  • Parcel Number: 33-44-26-07-00002.0010

Rental Info

  • Tenant Pays: Full Electric

Tax Info

  • Tax Description: County Only
  • Tax District Type: Municipal Service Tax Developmen
  • Taxes: 3625.87
  • Tax Year: 2022

Multi Family

  • Unit Count: 2
  • Gross Rental Income: 3000.00
  • Annual Expenses: 2000.00
  • Annual Net Operating Income: 21000.00
  • Total Buildings: 1

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2023 09/20/23 Sold $430,000 0.0% --
07/24/2023 07/24/23 Pending -- -- --
07/10/2023 07/10/23 For Sale $430,000 +132.4% --
06/03/2019 06/03/19 Sold $185,000 +740.9% --
05/04/2019 05/04/19 Pending -- -- --
09/28/2018 09/28/18 For Sale $22,000 -86.7% --
09/16/2016 09/16/16 Sold $164,900 +3.1% --
08/26/2016 08/26/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $159,900 -- --
Source: Naples Area Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223049162

Naples Area Board of REALTORS®