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    1412 12Th St Lehigh Acres, FL 33972

    For Sale
    $460,000

    Six-bedroom, four-bathroom duplex, high income potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    Exceptional investment opportunity: This fully renovated 2005-built, one-story duplex in Lehigh Acres, FL (Lee County, zip code 33972) is priced at $460,000. The property boasts six bedrooms and four bathrooms, configured as two 3/2 units. Each unit is currently rented for $1,680 per month, generating a substantial annual gross income of $40,320. Importantly, the current rental rate is considered below market value, suggesting significant upside potential for future income growth. Recent, comprehensive renovations include the installation of impact-resistant windows and doors on both units, along with new water systems. Kitchens have been fully updated with granite countertops and wood cabinets. Both units feature fresh interior paint, new interior doors throughout, eight new ceiling fans, and upgraded LED lighting. The four bathrooms have also undergone complete upgrades. This turnkey property offers a strong return on investment with excellent, established tenants in place. Located at 1412 1414 W 12th St, this duplex presents a rare opportunity for immediate income and future appreciation.

    Property Features for 1412 12Th St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    2005
    Stories
    1

    HighLights

    • Fully renovated six‑bedroom, four‑bathroom duplex (3/2 per unit).
    • Generating $40,320 annual gross income from two fully occupied units, each renting for $1,680 (below market).
    • Recent upgrades include impact windows/doors, new water systems, granite kitchen renovations, fresh paint, new interior doors, eight new ceiling fans, and LED lighting.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Spa & Massage Auto Repair Shop Kitchen & Bath HVAC Service Garden Center Electrical Service Furniture Store Computer & Electronic Repair Tech Support Center Travel Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lehigh Acres
    County
    Lee
    State
    Florida
    Longitude
    -81.6519313
    Latitude
    26.6429794

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    FAQs

    What type of property is this?
    Multifamily property - Six-bedroom, four-bathroom duplex, high income potential.
    Where is this multifamily property located?
    The property is located at 1412 12Th St Lehigh Acres, FL.
    What is the asking price?
    The asking price for this property is $460,000.
    What are key features of this property?
    This property features: Fully renovated six-bedroom, four-bathroom duplex (3/2 per unit).; Generating $40,320 annual gross income from two fully occupied units, each renting for $1,680 (below market).; Recent upgrades include impact windows/doors, new water systems, granite kitchen renovations, fresh paint, new interior doors, eight new ceiling fans, and LED lighting.
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    1412 12Th St Lehigh Acres, FL 33972
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    Lehigh Acres, FL 33972
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1412 12Th St Lehigh Acres, FL 33972
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