Yes, sure. Edit single product description using Elementor page builder and place blocks in the way you want to show that (ad text element with description, then single image element, then text element again). Here is an example https://cleangreenimports.com/product/apple-watch/ or https://cleangreenimports.com/product/slf-100/
P.S. Use optimized images. For example, if your image has bg color then there is no need to use png format, use jpeg and image size should not be larger than 2500px width. For, compare file size of this image https://cleangreenimports.com/wp-content/uploads/2016/09/slf-bottles-1000-x-1000-1.png and this one https://cleangreenimports.com/wp-content/uploads/2021/10/slf-bottles-1000-x-1000-1-2.jpeg Almost the same quality but what a big difference between file size (3 MB vs 106 KB). Images size affect your site speed. Keep in mind that. Don’t use a larger images than it’s needed.
One standard license is valid only for 1 project. Running multiple projects on a single license is a copyright violation.