521/523 S Lillon AVE Lehigh Acres, FL 33974

This is the house-hack that changes your monthly payment. A brand new 2025 CBS duplex with two 3-bedroom, 2-bathroom units, premium finishes, no HOA, and a price under $500,000. FHA and VA eligible. Never occupied. Certificate of Occupancy in hand.Each unit delivers 1,222 square feet with quartz countertops, a decorative waterfall kitchen island, frameless glass showers, polished porcelain tile throughout, matte black fixtures, and a full stainless steel appliance package. Impact windows and doors on every opening, 160 MPH wind code, Sentricon termite system, private well with water softener. FEMA Zone X with no mandatory flood insurance. Taxes $442 per year on a vacant land assessment.FHA 3.5 percent down is approximately $17,497. Estimated market rent is $1,750 or more per month per unit. Estimated gross rental income for investors is $3,500 or more per month on brand new construction.The property is served by a 400 GPD septic system with four-bedroom permitted capacity. There are six physical bedrooms, three per unit. Buyers should consult a licensed septic contractor. Upgrade to 600 GPD is estimated at $15,000 to $25,000. COMPREHENSIVE PROPERTY DETAILS — 521/523 LILLON AVE S, LEHIGH ACRES, FL 33974 PROPERTY OVERVIEW This brand new 2025 CBS duplex delivers premium finishes at a price point under $500,000. Each of the two mirror-image units offers 2 bedrooms and 2 bathrooms PLUS a versatile bonus room with closet, totaling approximately 1,222 SF of air-conditioned living space per unit (2,444 SF combined) as measured by the Lee County Property Appraiser. The property has never been occupied and the Certificate of Occupancy is issued and in hand. Listed as a 4-bedroom/4-bathroom duplex per septic system capacity of 400 GPD. INTERIOR FINISHES (EACH UNIT) The interior finishes significantly exceed standard builder-grade specifications for the Lehigh Acres duplex market. Each unit features quartz countertops throughout kitchen and bathrooms, a decorative slat-wood waterfall kitchen island with marble-look accent panels, frameless glass shower enclosures in the master bath, designer pendant lighting over the kitchen island and dining areas, polished marble-look porcelain tile flooring throughout all living areas, matte black plumbing fixtures and hardware package, soft-close cabinetry in kitchen and bathrooms, and black-frame French doors opening from the living area to a covered lanai. The complete stainless steel appliance package in each unit includes a side-by-side refrigerator, range/oven, built-in microwave, and dishwasher. Each unit has an open-concept kitchen and living area with a split bedroom floor plan for privacy, an attached one-car garage, and a covered entry. CONSTRUCTION & STRUCTURAL Built to the 8th Edition (2023) Florida Building Code with a 160 MPH wind design speed (Risk Category II, Exposure B). Impact-rated windows and doors are installed throughout — certification stickers were verified during on-site inspection. The building features CBS (concrete block and stucco) construction on a slab-on-grade foundation with a shingle roof. The duplex includes a 1-hour rated fire wall between units per UL Design No. U905 with wood bearing walls featuring R-13 batt insulation. Electrical service is 200A with 141A demand load, full AFCI and GFCI protection per current NEC 2020 standards. The Sentricon Always Active HD termite protection system includes 17 monitoring stations installed around the perimeter (HomeTeam Pest Defense, installed 12/08/2025). UTILITIES & SITE The property is served by a private well and a 400 GPD advanced treatment septic system (mound bed with ATU meeting NSF 245 standards). The septic was designed by Olympus Designs Group and engineered by MG Engineering Consulting Services. The 400 GPD system is permitted for 4 bedrooms. Each unit contains a bonus room with closet that is not counted in the bedroom total due to septic capacity. A septic upgrade to 600 GPD / 6-bedroom capacity may be feasible depending on lot conditions — interested parties should verify with Lee County DOH Environmental Health at (239) 690-2100. The property sits in FEMA Flood Zone X (Community Panel 12071C0478F, effective 08/28/2008), which is outside the Special Flood Hazard Area. No mandatory flood insurance is required for any loan type. FHA & VA ELIGIBILITY This property is FHA and VA eligible for owner-occupant buyers. The complete new construction builder package — including HUD-92541 (Builder's Certification of Plans, Specifications, and Site) and HUD-92544 (Warranty of Completion of Construction) — is pre-filled with all property-specific information and ready for the builder's signature within 24 hours of a ratified purchase contract. This eliminates the typical 1-2 week delay that occurs when lenders request builder documentation on new construction deals. The builder is Blue Diamond Home Builders Corp (CBC1264877), Hublar Lopez Rodriguez, based in Naples, FL. VA Builder ID registration is no longer required as of March 2025 per VA Circular 26-25-1. Key FHA facts for this duplex: The 2026 FHA loan limit for a 2-unit property in Lee County is $693,050, well above the list price. The FHA self-sufficiency test does NOT apply to duplexes (only 3-4 unit properties). FHA buyers can use 75% of projected rental income from the non-owner-occupied unit as qualifying income. Minimum down payment is 3.5% (approximately $17,497 at $499,900). The 10-year structural warranty requirement was eliminated in 2019 — only the 1-year HUD-92544 warranty is required. HOUSE-HACK INVESTMENT ANALYSIS At the listed price of $499,900, an FHA buyer putting 3.5% down would have a total monthly PITI of approximately $3,600-$3,800 (including taxes, insurance, and mortgage insurance premium). Market rent for the non-owner unit is projected at $1,750-$1,900 per month based on verified comparable rentals of new construction 2BR+ units in Lehigh Acres. This rental income would offset approximately 46-53% of the total mortgage payment, making effective housing costs roughly $1,700-$2,050 per month for approximately 1,222 SF of living space plus a bonus room — competitive with single-family rental rates in the area. LOCATION Located in Lehigh Acres, one of Southwest Florida's fastest-growing communities in the Cape Coral-Fort Myers MSA. Convenient access to SR 82 and I-75 provides connectivity to Fort Myers (approximately 15 minutes), Cape Coral, RSW International Airport, and the Gulf Coast beaches. The area benefits from approximately 30,000 new residents annually migrating to the MSA, strong rental demand driven by population growth, and a stabilizing insurance market with multiple carriers filing rate decreases for 2026. PROPERTY TAX NOTE Current property taxes are assessed at the vacant land value of approximately $15,343 (2025 tax roll). Following sale, the property will be reassessed based on the purchase price. Estimated annual property taxes at a $499,900 sale price with no homestead exemption are approximately $5,800-$6,500. An owner-occupant claiming homestead exemption would see further reductions. Seller is motivated so MAKE AN OFFER!