Sands REPM

1010/1012 Gerald AVE photos

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1010/1012 Gerald AVE, LEHIGH ACRES

Duplex

Active

$499,000

6

Beds

4

Baths

Est. $3,156/mo · Get pre-qualified

Home Type: DuplexYear Built: 2025Lot Size: 0.2399 acres

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.

66 days on market · Listing updated August 25, 2026

Location

Facts & Features

Flooring:
Tile
Heating:
None
Cooling:
Central Electric
Utilities:
Cable Not Available
Sewer:
Septic Tank
Water Source:
Well
Construction:
Concrete Block, Stucco
Roof:
Shingle
Patio / Porch:
Patio
Waterfront:
None
Lot Features:
Regular
Irrigation:
None
Road Surface:
Paved
Road Frontage:
Public Road
Structure Type:
Duplex
Windows:
Impact Resistant, Single Hung, Sliding
Community Features:
None, No Subdivision
Subdivision:
LEHIGH ACRES
Zoning:
RM-2
Annual Taxes:
$393
Pets Allowed:
No Approval Needed
Possession:
Close Of Escrow
Listing Terms:
Buyer Finance/Cash, FHA, VA Loan

Price History

DateEventPrice
Jun 23, 2026Original list price$499,000

Reflects listing data on file, not a complete transaction history.

Listed by Jorge Mata Mota, Verawood Realty Inc

$499,000

1010/1012 Gerald AVE, LEHIGH ACRES

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$3,156

est. monthly payment

Estimate only — actual payment depends on your lender, credit profile, and final loan terms.

The data relating to real estate for sale displayed on this Website comes in part from the Multiple Listing Service of the Bonita Springs-Estero Association of REALTORS®, Inc., under License No. BK3468074. Properties displayed on this Website include properties listed with brokerage firms other than Sands Real Estate & Property Management. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service, or contained in the database compilation of the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service.