$112,000

About This Property

One and only Multi-family (FIVE-PLEX) lot with municipal water and sewer access for sale in Lehigh Acres... Already Cleared and Surveyed... Excellent location for your new income producing property. According to Lee Co Zoning, you can build up to five residences on this over-sized lot, Approx. (100' x 195'). Many building options with this Multi-Family lot including: Condo Units, Town Houses, Apartments, Air bnb, Single Family, Duplex, Triplex, Four plex, Five plex etc. Please contact Lee County zoning to verify your particular usage. This is your opportunity to set yourself up for financial security in a time of rising housing costs. You can live in one residence and rent the other four units or you can rent them all and generate over $80,000 dollars annually for years to come. There is currently a high demand for rental units and this investment will quickly pay for itself... Don't let this opportunity pass you by. Five-Plex lots are rarely available and sell fast. Conveniently located on Joel Blvd and close to all Lehigh has to offer. Quick response on all offers and or propositions. Seller has (4) additional 1/2 acre lots for sale on Edward Ave, directly across the street from the Frank Mann Preserve.

infoProperty Details

Property Type

Residential Lot

Lot Size

0.45 acres

Days on Market

66

Cumulative DOM

200

List Date

May 26, 2023

Sold Date

Aug 7, 2023

Annual Taxes

$349.43 (2022)

HOA Fee

$0

yardExterior & Lot

Mortgage calculator

Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.

Listed By

MVP Realty Associates LLC

239-963-4499