New Listing
614 Locust Ave S,LEHIGH ACRES, FL 33974
LEHIGH ACRES, FL 33974
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. PID: 14-45-27-L4-11060.0160
Details
| MLS # | 2026044369 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2025 |
| Days On Site | 6 |
| Listing Provided By | Compass Florida LLC | Mike Darda |
Features
| Story(s) | 1 |
|---|---|
| Zoning | RS-1 |
| Acreage | 0.23 |
| Water Front | Yes |
Interior
| Rooms Total | 0 |
|---|---|
| Cooling Yes / No | No |
| Heating Yes / No | No |
| Fireplace Yes / No | No |
Parking
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
Taxes
| Tax Annual Amount | 2878.43 |
|---|---|
| Tax Legal Description | LEHIGH ACRES UNIT 11 BLK 60 PB 15 PG 142 LOT 16 |
| Tax Year | 2025 |
Area Information
| State | FL |
|---|---|
| County | Lee |
| City | LEHIGH ACRES |
| Zip Code | 33974 |
| Listing VS Median (in 33974) | |
Price: $1,840,000 low | high Med: $299,000 On site: 6 low | high Med: 228 | |
Market Activity 33974
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Learn More About This Property
| State | FL |
|---|---|
| County | Lee |
| City | LEHIGH ACRES |
| Zip Code | 33974 |
| Listing VS Median (in 33974) | |
Price: $1,840,000 low | high Med: $299,000 On site: 6 low | high Med: 228 | |