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721 & 723 Homer Avenue S # 723 Lehigh Acres, FL $ 395,000
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721 & 723 Homer Avenue S # 723
$ 395,000
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721 & 723 Homer Avenue S # 723

Lehigh Acres, FL, 33973
$ 395,000
Bedrooms6 Baths4.0 Sq 2,388

Monthly Estimate*

$ 2,464

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Multi-Family Home for sale in Lehigh Acres, FL

for $395,000 with 6 bedrooms and 4 full baths. This 2,388 square foot home was built in 2005 on a lot size of 0.289.

Turnkey Investment Opportunity! This well-maintained duplex built in 2005 is the perfect addition to your rental portfolio. Each side features 3 bedrooms, 2 baths, and a 1-car garage, offering comfortable living with tile floors throughout, ceiling fans, and stainless steel appliances. The property is fully fenced and thoughtfully maintained, providing both privacy and curb appeal. Both units are occupied by long-term tenants, ensuring immediate income and stability from day one. Located in a convenient area close to shopping, schools, and major roadways, this property attracts quality renters and delivers solid returns. If you’ve been searching for a low-maintenance, income-producing investment, this duplex checks all the boxes!

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Multi-Family Active

Price

$ 395,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,112

Style

Duplex

Lot Size

0.289

Year Built

2005

Town/City

Lehigh Acres

County/Region

Lee

MLS | Web ID

2025019234
Features
General
Sewer SepticTank
Heating Central Electric
Cooling CentralAir CeilingFans Electric
Utilities CableAvailable
Possession CloseOfEscrow
Roof Shingle
HOA Fee 0.0
Architectural Style Duplex
Construction Materials Block Concrete Stucco
Pets Allowed Yes
Year Built 2005
Tenant Pays ApplicationFee CableTv Electricity Internet PestControl PetDeposit
Unit Number 723
Property Subtype Duplex
Tax Year 2024
Development Name LEHIGH ACRES
Waterfront Features None
Community Features NonGated
HOA Fee 2 0.0
County Lee
Net Operating Income 30795.0
Operating Expense 8800.0
New Construction N
Property Type ResidentialIncome
Association Amenities None
HOA N
Attached Garage N
Subdivision Name LEHIGH ACRES
Garage Y/N N
Full Baths 4
Status Active
City Lehigh Acres
Disclosures SellerDisclosure
Land Lease Amount 0.0
Senior Community Y/N N
Zoning Description RM-2
Number Of Units Total 2
MLS Area LA05 - West Lehigh Acres
Lot Size Units Acres
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 5112.71
Home Warranty Y/N N
Property Condition Resale
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2025019234
Structure Type Duplex
Standard Status Active
Tax Lot 6
Property Sub Type Additional Duplex
Legal Description LEHIGH ESTATES UNIT 8 BLK 31 PB 15 PG 88 LOT 6
HOA Fee 3 0.0
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Exterior
Exterior Amenities Fence
Lot Features RectangularLot
Water Source Well Well
Lot Size Area 0.289
Horses N
Spa N
Irrigation/Water Rights N
Building Area Total 2388.0
Lot Dimensions 80 x 120 x 120 x 80
Lot Size Acres 0.289
Road Surface Type Paved
Private Pool N
Lot Size Source Appraiser
Waterfront Y/N N
Covered Spaces 0.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Flooring Tile
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features SingleHung
Fireplace Y/N N
Half Baths 0
Total Bedrooms 6
Total Baths 4
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* Excluded Features
List By
Maureen Mitchell

Listing Agent

Marshall Reddick Real Estate

Broker

maureen.mitchell@marshallreddick.com

Email

Affordability Calculator

$2,890
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,464
Monthly Property Taxes
$426
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1023546 Elementary School
1023297 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/8/2025$395,000 Listed Price

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721 & 723 Homer Avenue S # 723, Lehigh Acres, FL, 33973 is a Multi-Family Home for sale at $395,000 with 2,388 sqft and a lot size of 0.289. 721 & 723 Homer Avenue S # 723 has 6 bedrooms, 4.0 baths, and was built in 2005. The property's zip code is 33973 which is in Lehigh Acres, FL

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