713 HIGHTOWER AVE S, Lehigh Acres
$6,500,000 USD
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Address | 713 HIGHTOWER AVE S, Lehigh Acres |
Type of Property | Income / MultiFamily |
Type of Business | Residential-Multi-Family |
Property Style | Income Non-Waterfront |
Price | $6,500,000 |
Property Status | Active |
MLS Number | A11884095 |
Property Size | 13068 |
Lot Size | 13068 |
Days on Market | 3 |
Detailed Description: Pleased to present an exclusive portfolio: 11 newly built duplexes in Lehigh Acres, FL, offered at $6.5M. Each duplex spans 3,140 sq.ft on 0.27–0.30 acre lots, configured as two 3BR / 2BA units. Lehigh Acres, part of the Cape Coral–Fort Myers metro, remains a resilient market despite cooling from the 2021–22 surge. Median sale prices are down 5.7% YoY and days on market rose to 84 from 45, yet the metro’s population reached 861K in 2024, driven by strong in-migration. This growth sustains long-term rental demand. Rents of $1,950– $2,200 per unit support efficient cash flows. While insurance costs are a challenge, new construction resilience and mitigation programs help. This portfolio provides immediate scale, stable cash flow, and lasting upside in a high-demand submarket.
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Address Information
State | Florida |
City | Lehigh Acres |
County | Lee County |
Zip Code | 33973 |
Address | 713 HIGHTOWER AVE S |
Financial Information
Price | $6,500,000 |
Price per Foot | $0 |
Full Descriptions
Detailed Description | Pleased to present an exclusive portfolio: 11 newly built duplexes in Lehigh Acres, FL, offered at $6.5M. Each duplex spans 3,140 sq.ft on 0.27–0.30 acre lots, configured as two 3BR / 2BA units. Lehigh Acres, part of the Cape Coral–Fort Myers metro, remains a resilient market despite cooling from the 2021–22 surge. Median sale prices are down 5.7% YoY and days on market rose to 84 from 45, yet the metro’s population reached 861K in 2024, driven by strong in-migration. This growth sustains long-term rental demand. Rents of $1,950– $2,200 per unit support efficient cash flows. While insurance costs are a challenge, new construction resilience and mitigation programs help. This portfolio provides immediate scale, stable cash flow, and lasting upside in a high-demand submarket. |
Property parameters
Living Area | 13068 |
Lot Size | 13068 |
Total Acreage | 0.000 |
Maximum Leasable Size | 13068 |
Type of Property | Income / MultiFamily |
Type of Business | Residential-Multi-Family |
Style | Income Non-Waterfront |
Construction Type | Other |
Stories Number | 1 |
Listed with | APEX Capital Realty LLC |