305-307 Hightower Ave S Lehigh Acres, FL 33973
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 305-307 Hightower Ave S
- Year built
- 2022
- Property type
- Commercial real estate
- APN
- 33-44-26-08-00021.0020
Description
This exceptional investment opportunity presents a meticulously maintained, two-unit duplex located at 305-307 Hightower Ave S, Lehigh Acres, FL 33973. Built in 2022, this property boasts a prime location in Lee County and offers significant potential for strong rental income. Each of the two units features three bedrooms and two full bathrooms, complete with modern amenities including granite countertops, stainless steel appliances, and beautiful large-format tile flooring throughout. Both units include in-unit washer and dryer hookups. Currently, both units are leased on annual terms, generating a combined monthly rental income of $4,600 ($2,300 per unit). This translates to a potential gross annual income of $55,200. A significant advantage is the property's location outside of a FEMA designated flood zone, eliminating the need for costly flood insurance premiums. The property's APN is 33-44-26-08-00021.0020. The asking price for this turnkey investment is $542,000, representing a price per unit of $271,000. Note that photos were taken before current tenants occupied the units. This is a rare opportunity to acquire a high-performing, low-maintenance multifamily property in a desirable location. Don't miss out on this chance to add a valuable asset to your portfolio.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lehigh Acres
- County
- Lee
- State
- Florida
- Longitude
- -81.71937
- Latitude
- 26.607658
