521/523 S Lillon Ave, Other City - In The State Of Florida FL 33974

$489,900

$401/sq ft

$10,000
Price Decreased

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Overview

Year Built

2025

Sqft

1222

Property Type

Duplex

Property Description

This is the house-hack that changes your monthly payment. A brand new 2025 CBS duplex with two 3-bedroom, 2-bathroom units, premium finishes, no HOA, and a price under $500,000. FHA and VA eligible. Never occupied. Certificate of Occupancy in hand. Each unit delivers 1,222 square feet with quartz countertops, a decorative waterfall kitchen island, frameless glass showers, polished porcelain tile throughout, matte black fixtures, and a full stainless steel appliance package. Impact windows and doors on every opening, 160 MPH wind code, Sentricon termite system, private well with water softener. FEMA Zone X with no mandatory flood insurance. Taxes $442 per year on a vacant land assessment. FHA 3.5 percent down is approximately $17,497. Estimated market rent is $1,750 or more per month per unit. Estimated gross rental income for investors is $3,500 or more per month on brand new construction. The property is served by a 400 GPD septic system with four-bedroom permitted capacity. There are six physical bedrooms, three per unit. Buyers should consult a licensed septic contractor. Upgrade to 600 GPD is estimated at $15,000 to $25,000.

Property Details

MLS#

A11987655

Total Floor in Bldg

1

Address

521/523 Lillon Ave S

City

Other City - In The State Of Florida

State/county

FL

Zip/Postal Code

33974

Area

Lehigh Acres Unit 14

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$442

Maint Fee

$--

Tax Year

2025

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Boris Gelfand