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$499,000

  • For Sale
  • Active
  • Duplex
  • 4 Beds
  • 4 Full Baths
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New construction duplex built in 2025 - fully leased and generating income from day one. Two identical units, each with 2 bedrooms, 2 bathrooms, a den, and a one-car garage. 1,199 SF per unit. Tile floors throughout, quartz countertops, stainless steel appliances, and impact windows and doors. No HOA. Both units are leased at $1,650/month ($3,300/month combined) with leases commencing August 2026. Annual lease terms. No lease-up risk, no vacancy period - contracted cash flow in place at closing. Well water and septic eliminate water and sewer costs entirely for tenants.

Full Property Details for 1012 Gerald Ave

General

  • Price: $499,000
  • Taxes: (2025)
  • Status: Active
  • Type: Duplex
  • Source: Bonita_Springs
  • MLS ID: 2026027378
  • Updated: 7/30/2026
  • Added to Site: 59 day(s) ago

Interior

  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Shared Amenities: None, No Subdivision

Exterior

  • Porch/Patio/Deck: Patio

Location

  • Area: LA01 - North Lehigh Acres
  • County: Lee
  • Subdivision: LEHIGH ACRES
  • Building Name: LEHIGH ACRES

Community

  • Units Assoc/Comm: 2
  • Pets Allowed: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Electric
  • Heating Type: None

Utilities

  • Sewer: Septic Tank
  • Water: Well
  • Utility Description: Cable Not Available

Structural Information

  • # Buildings: 1
  • Description/Design: Duplex
  • Structure Type: Duplex
  • Exterior Const.: Concrete Block, Stucco
  • Roof: Shingle
  • Windows: Impact Resistant, Single Hung, Sliding
  • Year Built: 2025

Lot Features

  • Lot Size (Acres): 0.2399
  • Lot Size (Sq. Ft.): 10,450
  • Lot Size Source: Property Appraiser Office
  • Lot Dimensions: 95 x 95 x 110 x 110
  • Frontage: Public Road
  • Frontage Feet: 95
  • Street/Road Desc.: Paved
  • Irrigation System: None
  • Lot Features: Regular
  • Zoning: RM-2
  • Lot Description: Regular

Water Features

  • Water Front Desc.: None
  • Canal Width: None

Financial Considerations

  • Tax Year: 2025
  • Terms: Buyer Finance/Cash, FHA, VA Loan
  • Tenant Pays: Application Fee, Cable TV, Electricity, Grounds Care, Pest Control, Pet Deposit

Disclosures and Reports

  • Legal Description: LEHIGH ACRES UNIT 9 REPLT BLK 33 PB 12 PG 55 LOT 14
  • Property ID: 22-44-27-L2-09033.0140
  • Section: 22
  • Block: 33
  • Lot Number: 14

Listed by Verawood Realty Inc

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Listing agent

— 1012 Gerald Ave —

  • Verawood Realty Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1012 Gerald Ave

School District:Lee County School District, Fort Myers, FL
NameGradesDistance
Lehigh Elementary School
200 Schoolside Drive, Lehigh Acres, FL 33936
K-52.6 mi
Veterans Park Academy For The Arts
49 Homestead Road South, Lehigh Acres, FL 33936
K-53.6 mi
G. Weaver Hipps Elementary School
1200 Homestead Road North, Lehigh Acres, FL 33936
K-53.7 mi
Lehigh Acres Middle School
104 Arthur Avenue, Lehigh Acres, FL 33936
6-83.4 mi
East Lee County High School
715 Thomas Sherwin Avenue South, Lehigh Acres, FL 33974
9-125.5 mi
Gateway High School-0842
901 Gunnery Road North, Lehigh Acres, FL 33971
9-127.6 mi
Lehigh Senior High School
901 Gunnery Road North, Lehigh Acres, FL 33971
9-127.6 mi
Mirror Lakes Elementary School
525 Charwood Avenue South, Lehigh Acres, FL 33974
K-54.8 mi
Riverdale High School
2600 Buckingham Road, Fort Myers, FL 33905
9-129 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1012 Gerald Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/23/2026
Listed
$499,000
2395%
MLS
11/14/2022
Sold
$20,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1012 Gerald Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$393
—
$434,990
4261%
2025
$393
195%
$9,974
-30%
2024
$133
36%
$14,212
72%
2023
$98
-62%
$8,243
89%
2021
$259
-7%
$4,350
-34%
2022
$279
8%
$6,555
56%
2021
$259
159%
$4,200
37%
2018
$100
-10%
$3,060
-9%
2019
$111
21%
$3,366
4%
2017
$92
1%
$3,230
-17%
2016
$91
7%
$3,895
20%
2015
$85
21%
$3,245
—
2014
$70
21%
$3,245
71%
2013
$58
—
$1,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Verawood Realty Inc

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1010/1012 Gerald Ave, Lehigh Acres, FL 33936 (MLS# 2026027378) is a Duplex property with 4 bedrooms and 4 full bathrooms. 1010/1012 Gerald Ave is currently listed for $499,000 and was received on June 23, 2026. Want to learn more about 1010/1012 Gerald Ave? Do you have questions about finding other Duplex real estate for sale in Lehigh Acres? You can browse all Lehigh Acres real estate or contact a Coldwell Banker agent to request more information.

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