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521 Lillon AVE S, Lehigh Acres, FL, 33974 | $489,900
This is the house-hack that changes your monthly payment forever. A brand new 2025 CBS duplex with two identical 3-bedroom, 2-bathroom units, premium finishes throughout, and a price point under $500, 000. FHA and VA eligible. No HOA. Live in one side, rent the other at an estimated $1, 750 or more per month, and let your tenant cover a significant portion of your mortgage from day one.
Each unit delivers 1, 222 square feet of air-conditioned living space with an open-concept kitchen and living area, a split bedroom floor plan, covered lanai, and an attached one-car garage. The total across both units is 2, 444 square feet of living area and 3, 158 square feet under roof on a quarter-acre lot. Zoning is RM-2. Certificate of Occupancy is in hand. This property has never been occupied.
The finishes speak for themselves. Quartz countertops, a decorative slat-wood waterfall kitchen island with marble-look accent panels, frameless glass shower enclosures, designer pendant lighting, polished porcelain tile throughout, matte black fixtures, and soft-close cabinetry in every unit. The complete stainless steel appliance package includes a side-by-side refrigerator, range, microwave, and dishwasher.
Construction is concrete block built to the 8th Edition Florida Building Code with a 160 MPH wind design speed. Impact-rated windows and doors throughout. 200-amp electrical service with full AFCI and GFCI protection. A one-hour rated fire wall separates the units per UL Design U905. The Sentricon Always Active HD termite system has 17 stations installed. The property sits in FEMA Flood Zone X, which means no mandatory flood insurance. Private well with water softener. Taxes are currently $442 per year based on a vacant land assessment and will reassess after closing.
The property is served by a 400 GPD septic system with a permitted four-bedroom equivalent capacity. There are six physical bedrooms across both units, three per side. Buyers should consult a licensed septic contractor regarding current and planned usage.
Features
- Building Design: Duplex
- Amenities: Other,See Remarks
- Bedrooms: 6
- Units: 2
- Style: Duplex
- Development: LEHIGH ACRES
- Year Built: 2025
- Heating: Central Electric
- Cooling: Ceiling Fans,Central Electric
- Acreage: 0.23
- Est. Taxes: $442
- Lot Desc: Regular,See Remarks
- Community Type: Non-Gated
- Pet Policy: No Approval Needed
- MLS#: 226016965
- Website: https://www.raveis.com
/prop/226016965/521lillonaves_lehighacres_fl?source=qrflyer
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
521 Lillon AVE S, Lehigh Acres, FL, 33974
$489,900
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $391,920 | $391,920 | $391,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.512% | 5.730% |
| Monthly Tax Payment | $37 | $37 | $37 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,347 | $2,445 | $3,200 |
| Total Monthly Payment | $2,459 | $2,557 | $3,312 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388