Property Description:
This 3-bed, 2-bath single-family home sits on a large 0.5-acre+ lot in Lehigh Acres, just off Monroe Ave, in an area where renovated pool homes on half-acre lots are trading in the low-to-mid $300s and higher depending on finish level. The property was built in 1984, features a 2-car attached garage, and includes a pool — a strong value driver for this pocket. The home has already undergone a full gut and partial reconstruction, with several big-ticket items completed, positioning this as a value-add opportunity focused primarily on interior finish-out rather than heavy structural or mechanical work.
🛠️ Rehab Scope (Estimated)
- Complete interior finish-out (drywall, paint, trim, doors)
- Kitchen install (cabinets, counters, appliances)
- Bathroom finishes (2 baths)
- Flooring throughout
- Electrical and plumbing finish work as needed
- Fixtures, lighting, hardware
- Final pool touch-ups and landscaping cleanup
✔️ Major updates already completed
- New roof
- New HVAC
- Solar system installed
- Pool and pool deck completed
- Property previously gutted and partially rebuilt
🟣 Comparable Sales (0.5-acre lots, same area)
- 515 Grant Ave – 3/2 | 1,360 sf | Sold $369,000 | $271/sf | 1992 build
- 608 Canton Ave – 3/3 | 2,362 sf | Sold $449,900 | $190/sf | 2006 build
- 603 Canton Ave – 3/2 | 1,807 sf | Sold $425,000 | $235/sf | 1991 build
- 417 Irving Ave – 3/2 | 1,468 sf | Sold $289,000 | $197/sf | 1993 build
- 619 Jackson Ave – 3/2 | 1,867 sf | Sold $335,000 | $179/sf | 1994 build
💰 ARV Analysis
Renovated 3/2 homes on half-acre lots in this immediate area are consistently selling between $225–$275/sf, with pool homes and clean interior finishes commanding the upper end of the range. Based on size (~1,270 sf), lot, pool, and completed major systems:
Estimated ARV: $350,000 – $380,000