$369,000
 $1,981 est/mo Sourced by Back At You

2405/2407 Vernon Ave S,LEHIGH ACRES, FL 33973

LEHIGH ACRES, FL 33973

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Description

Turnkey income-producing duplex in the rapidly growing market of Lehigh Acres, located in Florida. 2405/2407 Vernon Ave S is currently generating $3,530 per month ($42,360 annually) with one unit leased at $1,700 and the other at $1,830 - providing immediate cash flow from day one. This well-maintained duplex offers two separate units, making it an ideal addition to any investment portfolio. With strong rental demand in the area and continued population growth throughout Southwest Florida, this asset presents both stable income and long-term appreciation potential. Investor Highlights: Gross Monthly Income: $3,530 *Dual income streams for reduced vacancy risk *Located in a high-demand rental corridor *Strong tenant market with continued area growth *Ideal for buy-and-hold investors Lehigh Acres continues to attract workforce renters and families seeking affordability compared to neighboring markets, supporting consistent occupancy rates. Whether you're completing a 1031 exchange or expanding your rental portfolio, this property offers immediate returns with upside potential. Secure a performing asset in one of Southwest Florida's most active rental markets-schedule your showing today.

Details

MLS #2026010600
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusPending
Year2007
Days On Site232
Listing Provided ByLyons Real Estate Inc | Karen Morreale

Features

Bed(s)6
Bath(s) 4 Total
SQ Feet2,156
Units2
ZoningRM-2
Acreage0.30
Water FrontYes

Interior

Rooms Total0
Cooling Yes / NoYes
CoolingCentral Electric
Heating Yes / NoYes
HeatingCentral Electric
Fireplace Yes / NoNo

Exterior

RoofShingle
Construction MaterialsConcrete Block, Stucco
Foundation DetailsConcrete Block
Lot FeaturesOversize

Parking

Garage Yes / NoNo
Attached Garage Yes / NoNo

Utilities

SewerSeptic Tank

Taxes

Tax Annual Amount5009.57
Tax Block18
Tax Legal DescriptionLEHIGH ESTATES UNIT 3 BLK 18 PB 15 PG 83 LOT 2
Tax Year2025

Area Information

StateFL
CountyLee
CityLEHIGH ACRES
Zip Code33973
AreaLEHIGH ACRES
Community NameLEHIGH ACRES
Listing VS Median (in LEHIGH ACRES)
Price:
$369,000
low | high
Med:
$309,900
66.016260162602% of Average
sqft:
2,156
low | high
Med:
1,630
74.397031539889% of Average
$ / sqft:
$171
low | high
Med:
$190
38.91475884084% of Average
On site:
232
low | high
Med:
117
100% of Average
Sourced by Back At You

Market Activity 33973

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Learn More About This Property

StateFL
CountyLee
CityLEHIGH ACRES
Zip Code33973
AreaLEHIGH ACRES
Community NameLEHIGH ACRES
Listing VS Median (in LEHIGH ACRES)
Price:
$369,000
low | high
Med:
$309,900
66.016260162602% of Average
sqft:
2,156
low | high
Med:
1,630
74.397031539889% of Average
$ / sqft:
$171
low | high
Med:
$190
38.91475884084% of Average
On site:
232
low | high
Med:
117
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $276K - $461K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
2412/2414 Richard AVE S Property Photo 1
$430,000
2412/2414 Richard Ave S
Lehigh Acres, FL 33973
Listing Updated: October 13, 2026 at 11:19:28 AM PDT