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$55,000
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Property Description
Build your dream home or Investment Duplex at 1500 Gretchen Ave S, Lehigh Acres, FL 33973. Oversized Vacant CORNER Lot This is your opportunity to own an oversized 0.29 acre residential corner lot located in a high growth area of Lehigh Acres a community that's rapidly becoming one of Southwest Florida's most desirable investment destinations. Zoned RM-2, this corner lot offers incredible flexibility. Build a duplex for income potential, a spacious single-family residence, or even a multi-generational home with room to spread out. Whether you're a builder, investor, or future homeowner, this lot offers tremendous value and possibilities. PROPERTY FEATURES: Lot Size: 12,632 sq ft (0.29 acres), Zoning: RM-2 Residential (Multifamily or Single-Family), Location: Corner lot in a quiet, developing residential area, Utilities: Electricity nearby; well/septic or public water options available (verify with Lee County), Road Access: Paved, publicly maintained roads, No HOA and no deed restrictions. DEVELOPMENT POTENTIAL, The zoning allows for duplex construction, perfect for rental income or a "live in one, rent the other" situation. You can also build a sprawling custom home with plenty of space for a pool, oversize garage, RV/boat parking, or a garden. Comparable duplex properties on the same street have sold for over $500,000, making this lot a smart long-term investment. LOCATION BENEFITS: Just minutes from Lee Blvd, Sunshine Blvd, and SR-82, with easy access to I-75 and downtown Fort Myers. Close to schools, grocery stores, medical centers, parks, restaurants, and retail, Short drive to Southwest Florida International Airport (RSW) and Beaches of Fort Myers & Sanibel. Fast-growing community with new construction all around rising property values and rental demand. WHY INVEST HERE? Lehigh Acres is one of the most affordable and active markets in Lee County, with steady population growth, job opportunities, and infrastructure development fueling real estate demand. Whether you're building to live, rent, or hold for future appreciation, 1500 Gretchen Ave S offers a rare blend of location, zoning flexibility, and investment upside. Don't miss this incredible opportunity to build your dream home or cash-flowing duplex in one of SW Florida's hottest zip codes!
Full Property Details
Full Property Details for 1502 Gretchen Ave S
General
- Sold For: $55,000
- Taxes: (2024)
- Status: Closed
- Type: Residential Lots
- Source: Bonita_Springs
- MLS ID: 225054083
- Added to Site: 222 day(s) ago
Additional Information
- Shared Amenities: No Subdivision
Location
- Area: LA05 - West Lehigh Acres
- County: Lee
- Subdivision: LEHIGH ACRES
- Building Name: LEHIGH ACRES
- Driving Directions: South of Lee Blvd, just West of Gunnery Road off 15th St SW at 1500 Gretchen Ave, Lehigh
- Direction Faces: East
Community
- Assoc. Fees Include: None
Utilities
- Sewer: None
- Water: None
- Utility Description: Other
Structural Information
- Description/Design: Residential Lot
- Current Bldg. Use: Mixed Use, Multi_MF, Multi_SF
Lot Features
- Property View: Landscaped Area
- Lot Size (Acres): 0.287
- Lot Size (Sq. Ft.): 12,501
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 85 x 93 x 124 x 121
- Frontage: Public Road
- Frontage Feet: 85
- Irrigation System: None
- Lot Features: Corner Lot
- Zoning: RM-2
- Lot Description: Corner Lot
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Price Per Acre: $191,637
- Tax Year: 2024
- Terms: Buyer Finance/Cash, Cash
Disclosures and Reports
- Legal Description: LEHIGH ESTATES UNIT 5 BLK 9 PB 15 PG 85 LOT 1
- Property ID: 04-45-26-05-00009.0010
- Section: 4
- Block: 9
- Lot Number: 1
Listed by Southern World LLC
Sold by LoKation
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Schools
Schools serving 1502 Gretchen Ave S
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Gateway Elementary School 13280 Griffin Drive, Fort Myers, FL 33913 | K-5 | 2 mi |
Sunshine Elementary School, Lehigh Acres, FL 601 Sara Avenue North, Lehigh Acres, FL 33971 | K-5 | 2.1 mi |
Tortuga Preserve Elementary School 1711 Gunnery Road North, Lehigh Acres, FL 33971 | K-5 | 2.1 mi |
Varsity Lakes Middle School 801 Gunnery Road North, Lehigh Acres, FL 33971 | 6-8 | 1.8 mi |
Harns Marsh Middle School 1820 Unice Ave N, Lehigh Acres, FL 33971 | 6-8 | 3.2 mi |
Lehigh Acres Middle School 104 Arthur Avenue, Lehigh Acres, FL 33936 | 6-8 | 5.1 mi |
Lehigh Senior High School 901 Gunnery Road North, Lehigh Acres, FL 33971 | 9-12 | 1.7 mi |
Riverdale High School 2600 Buckingham Road, Fort Myers, FL 33905 | 9-12 | 7.4 mi |
East Lee County High School 715 Thomas Sherwin Avenue South, Lehigh Acres, FL 33974 | 9-12 | 7.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1502 Gretchen Ave S
Date
Details
Price
Change
Source
8/11/2025
Sold
$55,000
-26.64%
MLS
6/08/2025
Listed
$74,973
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1502 Gretchen Ave S, Lehigh Acres, FL 33973 (MLS# 225054083) is a Residential Lots property that was sold at $55,000 on August 11, 2025. Want to learn more about 1502 Gretchen 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.

