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$64,900
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Property Description
This MULTI-FAMILY VACANT LOT presents an exceptional INVESTMENT OPPORTUNITY in one of SOUTHWEST FLORIDA'S fastest-growing markets. ZONED FOR MULTI-FAMILY DEVELOPMENT, this property is ideal for building DUPLEXES, TRIPLEXES, OR MORE, offering the potential for STEADY RENTAL INCOME AND LONG-TERM APPRECIATION. Located in a QUIET YET RAPIDLY DEVELOPING NEIGHBORHOOD, it provides EASY ACCESS TO SHOPPING, SCHOOLS, AND RESTAURANTS, making it attractive to future tenants. With LEHIGH ACRES experiencing SIGNIFICANT GROWTH AND HOUSING DEMAND, now is the perfect time to invest. DON'T MISS OUT ON THIS PRIME INCOME-GENERATING PROPERTY!
Full Property Details
Full Property Details for 109/111 Gilbert Ave S
General
- Price: $64,900
- Taxes: (2024)
- Status: Active
- Type: Residential Lots
- Source: Bonita_Springs
- MLS ID: 225018598
- Updated: 1/20/2026
- Added to Site: 417 day(s) ago
Additional Information
- Shared Amenities: None, Non-Gated
Location
- Area: LA05 - West Lehigh Acres
- County: Lee
- Subdivision: LEHIGH ACRES
- Building Name: LEHIGH ACRES
- Direction Faces: West
Community
- Assoc. Fees Include: None
Utilities
- Sewer: None, Septic Tank
- Water: None, Well
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Phone Available
Structural Information
- Description/Design: Residential Lot
- Current Bldg. Use: Multi_MF
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 0.287
- Lot Size (Sq. Ft.): 12,501
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 100 x 100 x 125 x 125
- Frontage: Public Road
- Frontage Feet: 100
- Street/Road Desc.: Paved
- Irrigation System: None
- Lot Features: Oversize
- Zoning: RM-2
- Lot Description: Oversize
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Price Per Acre: $226,132
- Tax Year: 2024
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Legal Description: LEHIGH ESTATES UNIT 7 BLK 5 PB 15 PG 87 LOT 20
- Property ID: 33-44-26-L2-07005.0200
- Section: 33
- Block: 5
- Lot Number: 20
Listed by Icon Premier Group, LLC
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Price & Sales History for 109/111 Gilbert Ave S
Date
Details
Price
Change
Source
1/20/2026
Price Reduced
$64,900
-30.22%
MLS
10/01/2025
Price Increased
$93,000
43.3%
MLS
2/17/2025
Listed
$64,900
—
MLS
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
Tax History for 109/111 Gilbert Ave S
Year
Property Taxes
Change
Tax Assessment
Change
2025
$290
33%
$46,028
39%
2024
$218
59%
$33,149
84%
2023
$137
104%
$17,999
50%
2022
$67
-78%
$12,000
33%
2021
$300
—
$9,000
36%
2021
$300
154%
$6,600
72%
2018
$118
6%
$3,827
-14%
2017
$111
10%
$4,441
14%
2016
$101
3%
$3,900
3%
2015
$98
24%
$3,800
24%
2014
$79
-39%
$3,060
-27%
2019
$130
71%
$4,210
45%
2013
$76
—
$2,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 109/111 Gilbert Ave S
109/111 Gilbert Ave S, Lehigh Acres, FL 33973 (MLS# 225018598) is a Residential Lots property with a lot size of 0.287 acres. 109/111 Gilbert Ave S is currently listed for $64,900 and was received on February 17, 2025. Want to learn more about 109/111 Gilbert Ave S? Do you have questions about finding other Residential Lots 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.

