Description

Maximize your investment portfolio returns with this exceptional, high-yield income producer located at 1114-1116 Augusta Street E, Lehigh Acres, Florida. Built in 2023 with a sprawling 3,280 square foot multi-family layout, this fully mirror-imaged property is engineered for strong rental demand, immediate tenant placement, and long-term capital appreciation. This turnkey asset represents a premier acquisition opportunity for savvy real estate investors looking to tap into Southwest Florida's booming rental market, offering a perfect blend of modern construction, premium durability, and highly marketable features. Each side of this impeccably maintained duplex boasts a highly desirable and exceptionally rentable 3-bedroom, 2-bathroom footprint. The floor plans are designed to optimize space and functionality, highlighting an expansive, open-concept great room that seamlessly bridges living and dining areas. Landlords will appreciate that capital expenditures are kept to an absolute minimum thanks to top-tier, tenant-proof finishes. The interiors feature sleek tile flooring throughout—eliminating costly carpet replacements between tenancies—alongside custom cabinetry, heavy-duty granite countertops, and modern stainless steel appliances that appeal to high-quality occupants. Tenant retention is further secured by premium amenities that command top-market monthly rents. Each side features its own private 1-car garage, providing highly sought-after storage and secure parking. Both units also offer a dedicated indoor laundry setup and a private, peaceful rear lanai, allowing tenants to enjoy the Florida lifestyle in comfort. These independent utility and layout configurations make the property equally ideal for an owner-occupant looking to house-hack by living on one side while letting the neighboring unit cover the mortgage. Strategically positioned in a high-growth commuter corridor, this asset offers rapid transit access to Fort Myers, State Road 82, and Interstate 75. This prime location ensures a deep and reliable tenant pool drawn from nearby employment hubs, medical centers, and shopping districts, heavily insulating your investment from prolonged vacancies. Whether you are expanding an existing commercial residential portfolio or establishing a foothold in a rapidly developing submarket, this modern duplex is built for immediate cash flow and strong equity growth. Please note: This high-potential cash-flow property is a potential short sale and is subject to final lender approval.

Provided by Century 21 AllPoints Realty