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853 Gulf Lane
About This Property
Discover the potential of this irregular-shaped lot over 0.35 acres located in the desirable and central area of Lehigh Acres. Nestled along a peaceful canal, this property offers privacy and natural charm with a lightly wooded, easy-to-clear landscape-perfect for those looking to build with minimal prep work.
Enjoy the convenience of being close to a local high school and just minutes from major roads, shopping, and everyday essentials. Whether you're planning your dream home or a smart investment, this lot provides a great balance of space, location, and accessibility.
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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 |
|---|---|---|---|
| Jul 25, 2025 | Listed by Ace Realty & Associates, LLC | $32,000 | |
| Listed by Ace Realty & Associates, LLC | |||
| Feb 5, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 17, 2024 | Listed by Platinum Real Estate | $35,000 | |
| Listed by Platinum Real Estate | |||
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Looking for a great place to start your new life? Look no further, Lehigh Acres is one of the fastest-growing communities in Lee County. Incredible opportunity to build your dream home on this oversized corner lot within the highly desirable & quiet section of South Lehigh Acres. Excellent location very close to East Lee County High School and just a few minute's drive to Fort Myers.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 17, 2021 | Sold | ||
| Sold | |||
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About Eisenhower
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