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614 Locust Avenue S, nullLehigh Acres, FL 33974Price: $1,840,000

  • Price: $1,840,000
  • 1 Day on Market
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Federal 30-year interest rate: 7.24% last updated on Oct 29, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,840,000List Price
  • 0.23Acreage
  • 2026044369MLS Number

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8 NEWER CONSTRUCTION RENTAL HOMES. ONE OWNER. ONE TRANSACTION. Acquire a portfolio of 8 2025-built single-family homes from 1 owner. 6 of the 8 are currently leased, and the rent roll is attached. Every home offers 2 bedrooms, 2 full bathrooms, and a modern, contemporary design. The open-concept layout features vaulted ceilings, tray ceilings in the living room, and plenty of windows for natural light. Sliding glass doors lead from the living room to the private backyard. The kitchen includes a waterfall edge island, all major appliances, and a dedicated dining area. The primary suite has a private en suite bath and generous closet space. The second bedroom and full bath work well for roommates, family, or a home office. This is the layout renters look for - in homes newer than most rental stock. Average rent is $1,500 to $1,580 per month per home. At full occupancy, that is a potential $144,000 to $151,680 per year in gross rental income. This total is an estimate assuming all 8 homes are rented. The 2 unleased homes offer immediate lease-up potential. Buy the entire portfolio or choose a group of homes. Agents, please review the attached rent roll and see confidential remarks for more details.

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Listed by Mike Darda of Compass Florida LLC

Based on information submitted to Gulf Coast as of November 4, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or Gulf Coast.  All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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