For Sale
$542,000

305 Hightower AveLehigh Acres, FL 33973

2-Unit, 2022-Built Duplex, High Returns

Overview

Added:
Dec 11, 2024
Days on market:
114
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.

Highlights

  • Exceptional 2022-built duplex in Lehigh Acres, FL, offering strong rental income.
  • Two 3/2 units with granite countertops, stainless steel appliances, and large-format tile.
  • Each unit rents for $2,300/month, generating $4,600 total monthly income ($55,200 annually).
  • Located outside of a FEMA flood zone.
  • Asking price: $542,000 ($271,000 per unit). APN: 33-44-26-08-00021.0020.

Property Details for 305 Hightower Ave

Property type
Apartment buildings
Year Built
2022
Units
2

Location Insight

City
Lehigh Acres
County
Lee
State
Florida
Latitude
26.607658
Longitude
-81.71937
305 Hightower Ave, Lehigh Acres, Florida

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305 Hightower Ave
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