239 Milwaukee Blvd
More Than Just a Property
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Nearby Schools
Educational options and performance ratings in the area.
Veterans Park Academy For The Arts
East Lee County High School
Mirror Lakes Elementary School
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
The property at 239 Milwaukee Blvd presents a significant financial risk due to a substantial negative monthly cash flow of approximately $1,401.79. In a conservative investment framework, the 2.56% rental yield is grossly insufficient to cover debt service, taxes, insurance, and maintenance costs at the current $479,000 valuation. While Lehigh Acres offers long-term growth potential and 4% expected appreciation, the heavy 'out-of-pocket' monthly requirement makes this an 'alligator' property. The disconnect between the purchase price and rental income suggests a lack of margin for error. Without a massive price reduction or dramatic rent increases, this asset will erode investor capital rather than build it through sound multi-family fundamentals.
- • Multi-family configuration provides diversification of tenant risk
- • High bedroom count (8 beds) caters to large families or voucher programs
- • Positive 4% expected appreciation in the growing Florida market
- • Severe negative monthly cash flow of -$1,401.79
- • Extremely low rental yield of 2.56% relative to current interest rates
- • Lehigh Acres is sensitive to economic cycles and historically prone to sprawl-related volatility
- • Property fails the '1% rule' significantly, indicating overvaluation for an income play
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-04-27 | Listing removed | $475,000 | – |
| 2026-04-02 | Price change | $475,000 | – |
| 2026-03-05 | Listed for sale | $479,000 | – |
| 2026-02-18 | Listing removed | $489,900 | – |
| 2026-02-10 | Price change | $489,900 | – |
| 2026-01-14 | Listed for sale | $493,577 | – |
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $11,155/yr
On $110,170 invested
Negative debt coverage
Equity + cumulative cash
Monthly Cash Flow Breakdown
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