305 Hightower AveLehigh Acres, FL 33973

Property Details for 305 Hightower Ave

Year built

2022

Property type

Residential income properties

Property subtype

Multifamily properties

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.

Location Insight

City

Lehigh Acres

County

Lee

State

Florida

Latitude

26.6077

Longitude

-81.7194

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