Turnkey Duplex – Solid Construction, Light Cosmetic Play For Sale

  • $387,500
  • 6 beds
  • 4.00 baths
  • 2,050 sqft

Property Description:

This 2,050 sq ft concrete block duplex on a 12,000 sq ft lot (0.29 acres) in Lehigh Acres’ Westminster area is priced at just $387,500 + fee — a clean off-market deal with light cosmetic needs and serious upside. Built in 2006, this fully mirrored 3-bed, 2-bath per side layout includes 1-car garages on each unit and sits in one of the strongest rental pockets of SW Florida.

🛠️ Light Cosmetic Rehab — Strong Bones, Modern Build

The structure is solid with no known major issues, just dated finishes. Your renovation checklist is straightforward: fresh flooring, modern paint, updated lighting/fixtures, and light touch-ups in the kitchens and bathrooms. With the right updates, this becomes a turn-key cash-flow machine or flip-ready duplex with immediate equity.

📊 Financial Breakdown:

This property holds its own in terms of lot size, layout, and structure — especially considering the recent closed and pending sales all cluster in the $430K–$550K range. With very little product available at this price point, particularly off market, it’s a solid play for both flippers and BRRRR investors.

✅ Recommended ARV Range

  • Low-End ARV (basic updates): 2,050 × $210 = $430,500
  • Mid-Level ARV (updated interiors): 2,050 × $220–$230 = $451,000–$471,500
  • Top-End ARV (modernized, turnkey): 2,050 × $240 = $492,000

🔎 Final ARV Estimate: $450,000–$470,000, with clear comps and nearby pending sales to support the number.

💰 Market Rent: $1,500–$1,700 per side
That’s $3,000–$3,400/month gross — a solid return with room for upside in an area benefiting from population growth, no state income tax, and strong rental demand.

📍 Located near Westminster Golf Club, with new builds popping up around it and no HOA. Close to SR-82, shopping, and only 30 minutes to Fort Myers or the airport — this is a low-hassle acquisition in a high-yield zip.

Price:
$387,500
Address:
Ivan Ave S
Lehigh Acres, FL 33973
Square Feet:
2,050
Lot Size:
0.29 Acres
Bedrooms:
6
Bathrooms:
4.00
Terms:
For Sale
Property Type:
Duplex
Year Built:
2006
Const. Type:
Block
MLS #:
$450,000 - $470,000

Call (321) 379-5777 for more details

Property Location