1012 Gerald Avenue, Lehigh Acres, FL 33936
MULTI_FAMILY - Other - Lehigh Acres, FL
- Added:
- Jun 23, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 23 at 5:06 pm
Property Features for 1012 Gerald Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 1
- Patio and Porch features
- Patio
- Pets allowed
- Yes
- Exterior features
- Patio
- Standard status
- Active
- APN
- 22-44-27-L2-09033.0140
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LEHIGH ACRES UNIT 9 REPLT BLK 33 PB 12 PG 55 LOT 14
- Tax Annual Amount
- 393
Utilities
- Sewer type
- Septic Tank
- Cooling system
- Central Air, Electric
- Water source
- Well
Building Details
- Year built
- 2025
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Block, Concrete, Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Jorge Mata Mota License #279614858 (561) 299-1019
Listing office Verawood Realty Inc 95 Merrick Way FL 3, Coral Gables, FL (305) 424-7280
Listing date Jun 23, 2026
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- New construction duplex (2025) with 2 identical units, each offering 2 bedrooms, 2 bathrooms, a den, and a 1‑car garage
- 1,199 SF per unit with tile flooring throughout and quartz countertops
- Kitchen upgrades include stainless steel appliances and impact windows and doors
- Units are projected to lease at about $1,650/month each ($3,300/month combined gross income) based on current market rents
- Each unit is ready for immediate occupancy or tenant placement (no rental history reported)
- Built with block/stucco construction, shingle roof, central air (electric), plus patio; no HOA
Overview
The property is located at 1012 Gerald Avenue in Lehigh Acres, Florida (Lee County). The lot size is listed at 0.2399 acres.
This duplex configuration can work well for an owner-occupant who wants to live in one unit while the second helps offset the mortgage, or for an investor looking for a clean-slate asset with no rental history to underwrite. The marketing materials state that at current market rents, each unit is projected to lease at approximately $1,650 per month, for about $3,300 combined gross income. With both sides ready now, the property may support a straightforward near-term leasing plan.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.5k | $19.80 |
| − Vacancy | −$2.1k | −$0.89 |
| EGI | $45.3k | $18.91 |
| − OpEx | −$13.6k | −$5.67 |
| NOI | $31.7k | $13.24 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lehigh Acres
- County
- Lee
- State
- Florida
- Longitude
- -81.599416
- Latitude
- 26.637822
