614 Locust AVE S, Lehigh Acres, FL 33974

$1,840,000

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List Price
$1,840,000
Listing Price
$1,840,000
MLS#
2026044369
Status
ACTIVE
Property Class
Commercial
County
Lee
Region
LA08 - Southeast Lehigh Acres

Property Description

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.

Additional Information

Year Built
2025
Waterfront Description
None
Acres
0.23
Tax Year
2025

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