254 Lakeridge Boulevard
About This Property
Sports lovers will appreciate being about 20 miles from both JetBlue Park (home of Red Sox spring training) and Hammond Stadium (Minnesota Twins). Traveling is easy with Southwest Florida International Airport located roughly 21 miles away. When it's time to unwind, the white sands of Fort Myers Beach and Sanibel Island are within 35–40 miles.
With over 14,000 square feet to build your dream home, there's room for a pool, outdoor entertaining, and so much more. This property is on a paved road with no HOA, giving you flexibility and freedom to create your own PARADISE. Whether you're looking for a personal retreat or an investment opportunity, this property offers it all - privacy, space, and convenience in one of Southwest Florida's fastest-growing areas.
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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 |
|---|---|---|---|
| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
| May 30, 2025 | Listed by EXP Realty LLC | $30,000 | |
| Listed by EXP Realty LLC | |||
| Jul 11, 2024 | Sold | ||
| Sold | |||
| Apr 16, 2024 | Listed by Gulf Coast International Prop | $17,000 | |
| Listed by Gulf Coast International Prop | |||
| | |||
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Discover tranquility in this picturesque corner of Lehigh. Leave behind the city’s hustle and bustle as you explore. Whether you envision constructing your forever home or exploring investment opportunities, this property holds boundless potential.
Feel free to reach out if you need further assistance!
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| Mar 15, 1994 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017