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1024 Atherton Avenue
About This Property
Design and build the home you've been envisioning with plenty of room for a spacious residence, outdoor entertaining area, and more. With NO HOA restrictions, you'll have greater flexibility to create a property that fits your lifestyle.
Enjoy a peaceful residential setting while still being conveniently located near schools, shopping, dining, and major roadways for easy access throughout Southwest Florida. Whether you're ready to build now, planning for the future, or looking to add land to your investment portfolio, this lot offers an excellent opportunity in a continually growing area.
DON'T MISS OUT-secure your piece of Southwest Florida and start planning your dream home today!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 3, 2026 | Sold | ||
| Sold | |||
| Oct 30, 2026 | In contract | - | |
| In contract | |||
| Sep 30, 2026 | Listed by Mato Realty, LLC | $40,000 | |
| Listed by Mato Realty, LLC | |||
| Sep 23, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 1, 2025 | Listed by Premiere Plus Realty Company | $55,000 | |
| Listed by Premiere Plus Realty Company | |||
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Build your future home now! This property offers 85 feet of frontage with depth of 125 feet on both sides. The lot features an eastern rear exposure, perfect for enjoying morning sunrises in your backyard or by a future pool. Conveniently located near schools, shopping, main roadways, this site provides both privacy and accessibility. With no HOA or deed restrictions, you'll have the flexibility to design the home you want. Great opportunity for investors or homeowners looking to secure a spacious lot in a growing area of Lehigh Acres.
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About Centennial
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