721-723 Homer Ave S, Unit 723

Lehigh Acres, FL 33973

$395,000
Price
6
Beds
2,388 Sq. Ft.
$165 / Sq. Ft.
2,388
Sq. Ft.
$165
per Sq. Ft.
a front view of a house with a yard
a view of a house with a yard
a view of a living room and floor to ceiling window
a lobby with furniture and floor to ceiling window
a view of a house with a big yard
a view of a golf course with a tree
a living room with furniture and a chandelier
a living room with furniture and a large window
a living room with furniture and kitchen view
a kitchen with granite countertop white cabinets stainless steel appliances and sink
a kitchen with appliances a sink and cabinets
a view of a dining room with furniture
a bedroom with a bed and cabinets
a bedroom with a bed and a window
a living room with furniture
a living room with furniture and a flat screen tv
a bathroom with a sink a toilet a shower and a mirror
a bedroom with a bed and a dresser
a living room with furniture
a bathroom with a granite countertop toilet sink mirror vanity shower and a bathtub
a living room with furniture and a large window
a dining room with furniture a rug and a floor to ceiling window
a living room with furniture and a wooden floor
a living room with furniture and a floor to ceiling window
a kitchen with a refrigerator a stove top oven and cabinets
a kitchen with stainless steel appliances granite countertop a sink and a stove
a kitchen with stainless steel appliances white cabinets and a refrigerator
a bedroom with a bed and a dresser
a bedroom with a bed and a window
a bathroom with a sink vanity mirror and toilet
a bedroom with a bed and a flat screen tv
a view of room with toys and workspace
a bathroom with a sink a toilet and shower curtain
a bedroom with a bed and window
a bedroom with a bed and wooden floor

Description

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...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!
  1. Listed by Maureen Mitchell • Marshall Reddick Real Estate • maureen.mitchell@marshallreddick.com

Property Details for 721-723 Homer Avenue South, Unit 723

Development
LEHIGH ACRES
Building Design
Duplex
Community Type
No Subdivision, Non-Gated
Waterfront
No
Waterfront Desc
None
Waterfront Desc
None
View
None/Other
LISTING UPDATED: 11/08/2025 12:27 PM

Property Details for 721-723 Homer Avenue South, Unit 723

StatusActive
MLS #2025019234
Days on Market26
Taxes$5,113 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2005
Lot Size0.29 AC / 12,588 SF
CountyLee County

Location

Listing Courtesy of Marshall Reddick Real Estate, Maureen Mitchell
Add your commute

Building Information for 721-723 Homer Avenue South, Unit 723

Stories-Residences2Year Built2005Building Size-Lot Size0.29 AC / 12,588 SF

Payment Calculator

$2,378 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,952

Property Taxes

$426

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 721-723 Homer Avenue South, Unit 723

Summary
Location and General Information
  • City: Lehigh Acres
  • Human Modified: Yes
  • Latitude: 26.60
  • Longitude: -81.72
  • MLS Area Major: LA05 - West Lehigh Acres
  • Pets: No Approval Needed
  • Postal Code: 33973
  • Road Surface Type: Paved
  • Street Direction Suffix: S
  • Street Name: Homer
  • Street Number: 721 & 723
  • Street Suffix: AVE
  • Block: 31
  • Unit Number: 723
  • Full Address: 721 & 723 Homer AVE S 723
Parking
  • Covered Spaces: .00
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $.00
  • Association Fee Total Frequency: Annually
  • Association Fee 2: $.00
  • Tax Annual Amount: $5,112.71
  • Tax Year: 2024
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Development Name: LEHIGH ACRES
  • Parcel Number: 33-44-26-08-00031.0060
  • Property Type: Residential Income
  • Section: 33
  • Lot Unit: 6
  • Source of Measure Lot Dimensions: Appraiser
  • Lot Desc: Rectangular Lot
  • Acres: 0.289
  • Lot Size Area: 0.289
  • Lot Size Dimensions: 80 x 120 x 120 x 80
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: LEHIGH ESTATES UNIT 8 BLK 31 PB 15 PG 88 LOT 6
Property and Assessments
  • Total Area: 2388.0
  • Possession: Close Of Escrow
  • Property Condition: Resale
  • Property Sub Type: Duplex
  • Township: 44
  • Range: 26E
  • Special Assessment: 0.00
  • Sub Condo Name: LEHIGH ACRES
  • Year Built Numeric: 2005
  • Property Sub Type Additional: Duplex
  • Zoning Code: RM-2
Lease Information
  • Land Lease Fee: $.00
  • One Time Land Lease Fee: $.00
  • One Time Mandatory Club Fee: $.00
  • One Time Othe Fee: $.00
  • One Time Special Assessment Fee: $.00
Utilities
  • Sewer: Septic
  • Utilities: Cable Available
  • Water Source: Well
  • Water: Well
Multi Family
Multi-Family Information
  • Gross Rental Income: $39,480.00
  • Golf Type: No Golf Available
  • Annual Net Operating Income: $30,795.00
  • Annual Food And Beverage Minimum: 0.00
  • Number Of Units Total: 2
  • Annual Expenses: $8,800.00
  • Units in Building: 2
Unit 1 Information
  • Monthly Gross Income: $1,645.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Description: Laundry in Garage,Screened Lanai/Porch,Auto Garage Door,Cable Available,Dishwasher,Microwave,Range,Refrigerator,Washer/Dryer Hookup
  • Furnished: Unfurnished
  • Garage Type: Yes
  • Unit Type Garage Spaces: 1.00
  • Unit Type Pro Forma: 1645
  • Unit Type Type: Three Bedroom
  • Unit Type Num Full Baths: 2
  • Unit Type Num Half Baths: 0
  • Living Area: 1194.0
Unit 2 Information
  • Monthly Gross Income: $1,645.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Description: Open Lanai/Porch,Auto Garage Door,Cable Available,Ceiling Fan(s),Microwave,Range,Refrigerator,Washer/Dryer Hookup
  • Furnished: Unfurnished
  • Garage Type: Yes
  • Unit Type Garage Spaces: 1.00
  • Unit Type Pro Forma: 1645
  • Unit Type Type: Three Bedroom
  • Unit Type Num Full Baths: 2
  • Unit Type Num Half Baths: 0
  • Living Area: 1194.0
Interior and Exterior Features
Exterior Features
  • Architectural Style: Duplex
  • Association Amenities: None
  • Canal Width: None
  • Community Features: Non Gated
  • Construction: Poured Concrete, Concrete Block
  • Exterior Features: Fence
  • Exterior Features: Fence
  • Irrigation Source: Well
  • Private Pool: No
  • Roof: Shingle
  • Structure Type: Duplex
  • Gulf Access: No
  • Spa: No
Interior Features
  • Baths Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 4.0
  • Beds Total: 6
  • Cooling: Central Air, Ceiling Fans, Electric
  • Cooling: Yes
  • Elevator Text Details: None
  • Flooring: Tile
  • Heating: Central, Electric
  • Heating: Yes
  • Window Features: Single Hung
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 721-723 Homer Avenue South, Unit 723

DateEvent & SourcePriceAppreciation
Nov 8, 2025

Listed (Active)

FORTMLS #2025019234

$395,000—
DateEvent & SourcePrice
11/08/2025

Listed (Active)

FORTMLS #2025019234

$395,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 721-723 Homer Avenue South, Unit 723

Taxable ValueLand$6,600Additions$188,829Total$195,429
Tax Record2020$3,364 ($280 / month)
Home Facts
Total Finished SqFt2,388 SqFtAbove Grade Finished SqFt2,388 SqFtStories1Lot Size12,589 SqFtStyleMulti-Family Res (5+ Units)Year Built2005Year Renovated2006ZoningRM-2CountyLEEAPN33442608000310060

Schools near 721-723 Homer Avenue South, Unit 723

This home is within School District of Lee County.
Rating
School
Type
Grades
Distance
Gateway Elementary School
Public - PK to 5
Sunshine Elementary School
Public - PK to 5
Harns Marsh Elementary School
Public - PK to 5
Tortuga Preserve Elementary School
Public - PK to 5
Rating
School
Distance
Gateway Elementary School
PublicPK to 5

Sunshine Elementary School
PublicPK to 5

Harns Marsh Elementary School
PublicPK to 5

Tortuga Preserve Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 721-723 Homer Avenue South, Unit 723, Lehigh Acres, FL 33973

721-723 Homer Avenue South, Unit 723 is a multi-family home for sale in Lehigh Acres, FL 33973. This property was listed for sale on November 8, 2025 by Marshall Reddick Real Estate, it's currently listed at $395,000. This listing's school district is School District of Lee County. Nearby schools include Gateway Elementary School, Sunshine Elementary School and Harns Marsh Elementary School. 721-723 Homer Avenue South, Unit 723 is a 6-bed, 4-bath, 2,388 sqft multi-family home built in 2005.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marshall Reddick Real Estate, Maureen Mitchell

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