For Sale
$1,095,000

621 Joel BlvLehigh Acres, FL 33936

Four-unit remodeled apartment building in Florida.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a four-unit apartment building located at 621 Joel Blvd, Lehigh Acres, FL 33936. Built in 2007, this single-story property is priced at $1,095,000 and offers significant potential for various uses, including an Assisted Living Facility (ALF). The building comprises four completely remodeled units; two are three-bedroom, two-bathroom units, and the other two are two-bedroom, two-bathroom units. Each unit boasts its own individual water and electricity meters, ensuring efficient utility management and cost allocation. A highly efficient fire sprinkler system is installed throughout the building, prioritizing safety and compliance. Adding to the convenience and appeal of each unit is a dedicated individual storage space. The property's location in Lee County, Florida, provides access to a growing market and presents a compelling investment prospect for discerning buyers. The property's strong features and potential for diverse uses make it an attractive option for investors seeking a stable and potentially high-return investment in the Florida real estate market. This is a turnkey opportunity ready for immediate income generation or further development.

Highlights

  • $1,095,000 asking price.
  • Multifamily property, specifically an apartment building classified as a duplex/triplex/quadruplex.
  • Built in 2007, one-story building.
  • Four completely remodeled units; two 3-bedroom/2-bathroom units and two 2-bedroom/2-bathroom units.
  • Each unit features separate water and electric meters and individual storage.
  • Equipped with a highly efficient fire sprinkler system.

Property Details for 621 Joel Blv

Property type
Apartment buildings, Small apartment buildings
Year Built
2007
Stories
1

Location Insight

City
Lehigh Acres
County
Lee
State
Florida
Latitude
26.6247329
Longitude
-81.5984471
621 Joel Blv, Lehigh Acres, Florida

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621 Joel Blv
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