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614 Locust AVE S photos

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614 Locust AVE S, LEHIGH ACRES

Multi Family

Active

$1,840,000

0.2296 ac

Lot Size

Est. $10,293/mo · Get pre-qualified

Type: Multi FamilyLot Size: 0.2296 acresZoning: RS-1Year Built: 2025

8 NEWER CONSTRUCTION RENTAL HOMES. ONE OWNER. ONE TRANSACTION. Acquire a portfolio of 8 2025-built single-family homes from 1 owner. 6 of the 8 are currently leased, and the rent roll is attached. Every home offers 2 bedrooms, 2 full bathrooms, and a modern, contemporary design. The open-concept layout features vaulted ceilings, tray ceilings in the living room, and plenty of windows for natural light. Sliding glass doors lead from the living room to the private backyard. The kitchen includes a waterfall edge island, all major appliances, and a dedicated dining area. The primary suite has a private en suite bath and generous closet space. The second bedroom and full bath work well for roommates, family, or a home office. This is the layout renters look for — in homes newer than most rental stock. Average rent is $1,500 to $1,580 per month per home. At full occupancy, that is a potential $144,000 to $151,680 per year in gross rental income. This total is an estimate assuming all 8 homes are rented. The 2 unleased homes offer immediate lease-up potential. Buy the entire portfolio or choose a group of homes. Agents, please review the attached rent roll and see confidential remarks for more details.

1 day on market · Listing updated November 5, 2026

Location

Facts & Features

Waterfront:
None
Zoning:
RS-1
Annual Taxes:
$2,878
Inclusions:
Building And Land

Price History

DateEventPrice
Nov 4, 2026Original list price$1,840,000

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

Listed by Mike Darda, Compass Florida LLC

Co-listed by Andrew Darda, Compass Florida LLC

$1,840,000

614 Locust AVE S, LEHIGH ACRES

Contact Agent

Sands REPM

(239) 420-8865

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Sands REPM

(239) 420-8865

Mortgage Calculator

$10,293

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.

614 Locust AVE S, LEHIGH ACRES — Sands REPM