904 EDWARD Avenue
About This Property
Welcome to this spacious 0.50-acre residential lot located in a peaceful, established neighborhood of Lehigh Acres Unit 6. This oversized parcel offers the perfect canvas to build your dream home with plenty of room for a pool, guest house, RV/boat parking, or lush landscaping. No HOA and no deed restrictions-giving you the freedom to create the lifestyle you want.
Conveniently located near schools, shopping, dining, and quick access to SR-82 and I-75 for commuting to Fort Myers, SWFL International Airport, and the Gulf Coast's world-famous beaches. Whether you're building now or holding for investment, this property offers exceptional value in one of Southwest Florida's fastest-growing communities.
💡 Buyer to verify zoning, lot dimensions, and utility availability with the county.
Don't miss this opportunity to own a rare half-acre lot in sunny Southwest Florida!
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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.
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About Joel
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017