724-726 Homer Avenue South

Lehigh Acres, FL 33973

$455,000
Price
6
Beds
4
Baths
2,316 Sq. Ft.
$196 / Sq. Ft.
2,316
Sq. Ft.
$196
per Sq. Ft.

Description

Welcome to a prime investment opportunity nestled in Lehigh Acres! This well-maintained duplex boasts not just one, but two lucrative units, with one side already rented, offering instant income for investors. Key Features:
Duplex: Two separate units provide flexibility and potential for increased rental income. Income Generation: With one side already rented, start earning from day one. Prime Location: Situated in a highly desirable area, ensuring sustained demand from tenants. Well-Maintained: Both
...Welcome to a prime investment opportunity nestled in Lehigh Acres! This well-maintained duplex boasts not just one, but two lucrative units, with one side already rented, offering instant income for investors. Key Features:
Duplex: Two separate units provide flexibility and potential for increased rental income. Income Generation: With one side already rented, start earning from day one. Prime Location: Situated in a highly desirable area, ensuring sustained demand from tenants. Well-Maintained: Both units have been meticulously cared for, minimizing maintenance costs. Investor's Dream: Perfect for both seasoned investors and newcomers looking to enter the real estate market.
  1. Listed by Augustina Holtz • Keller Williams Realty Fort My

Property Details for 724-726 Homer Avenue South

Development
LEHIGH ACRES
Building Design
Duplex
Community Type
No Subdivision, Non-Gated
Waterfront
No
Waterfront Desc
None
Waterfront Desc
None
View
None/Other

Property Details for 724-726 Homer Avenue South

StatusActive
MLS #224033028
Days on Market191
Taxes$4,661 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2005
Lot Size0.28 AC / 12,283 SF
CountyLee County

Building Information for 724-726 Homer Avenue South

Stories-Residences2Year Built2005Building Size-Lot Size0.28 AC / 12,283 SF

Property Information for 724-726 Homer Avenue South

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 Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Street Direction Suffix: S
  • Street Name: Homer
  • Street Number: 724-726
  • Street Suffix: AVE
  • Block: 30
  • Full Address: 724-726 Homer AVE S
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: $4,660.68
  • Tax Year: 2023
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Development Name: LEHIGH ACRES
  • Number Of Buildings: 1
  • Parcel Number: 33-44-26-08-00030.0180
  • Property Type: Residential Income
  • Section: 33
  • Lot Unit: 18
  • Source of Measure Lot Dimensions: Appraiser
  • Lot Desc: Rectangular Lot
  • Acres: 0.282
  • Lot Size Area: 0.282
  • Lot Size Dimensions: 100 x 123 x 100 x 123
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: LEHIGH ESTATES UNIT 8 BLK.30 PB 15 PG 88 LOT 18
Property and Assessments
  • Total Area: 2316.0
  • 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
  • Lease Amount Per Area Unit: Dollars Per Square Foot
  • 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: $20,400.00
  • Annual Net Operating Income: $15,300.00
  • Annual Food And Beverage Minimum: 0.00
  • Number Of Units Total: 2
  • Annual Expenses: $5,000.00
  • Other Fee: $.00
  • Units in Building: 2
Unit 1 Information
  • Monthly Gross Income: $1,700.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Description: Family,Open Lanai/Porch,Ceiling Fan(s),Dishwasher,Microwave,Range,Refrigerator,Smoke Detector,Washer/Dryer Hookup
  • Furnished: Unfurnished
  • Garage Type: Yes
  • Unit Type Garage Spaces: 1.00
  • Unit Type Pro Forma: 1700
  • Unit Type Type: Item3Bedroom
  • Unit Type Num Full Baths: 2
  • Unit Type Num Half Baths: 0
  • Living Area: 1158.0
Unit 2 Information
  • Monthly Gross Income: $1,700.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Description: Family,Open Lanai/Porch,Ceiling Fan(s),Range,Refrigerator,Smoke Detector
  • Furnished: Unfurnished
  • Garage Type: Yes
  • Unit Type Garage Spaces: 1.00
  • Unit Type Pro Forma: 1700
  • Unit Type Type: Item3Bedroom
  • Unit Type Num Full Baths: 2
  • Unit Type Num Half Baths: 0
  • Living Area: 1158.0
Interior and Exterior Features
Exterior Features
  • Association Amenities: None
  • Canal Width: None
  • Community Features: Non Gated
  • Construction: Poured Concrete, Concrete Block
  • Exterior Features: None
  • Exterior Features: None
  • Irrigation Source: None
  • Private Pool: No
  • Roof: Shingle
  • Structure Type: Duplex
  • Gulf Access: No
  • Spa: No
Interior Features
  • Baths Full: 4
  • 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: Double Hung, Sliding
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 724-726 Homer Avenue South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 724-726 Homer Avenue South

Taxable ValueLand-Additions-Total-
Tax Record2020$2,956 ($246 / month)
Home Facts
Total Finished SqFt2,316 SqFtAbove Grade Finished SqFt2,316 SqFtStories1Lot Size12,284 SqFtStyleMulti-Family Res (5+ Units)Year Built2005Year Renovated2005ZoningRM-2CountyLEEAPN33442608000300180

Schools near 724-726 Homer Avenue South

This home is within Lee.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
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.

Similar Homes

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724-726 Homer Avenue South is a multi-family home for sale in Lehigh Acres, FL 33973. This property was listed for sale on April 22, 2024 by Keller Williams Realty Fort My, it's currently listed at $455,000. It has been on the market for a total of 191 days and was last sold on July 15, 2021. This listing's school district is Lee. Nearby schools include Gateway Elementary School, Sunshine Elementary School and Harns Marsh Elementary School. 724-726 Homer Avenue South is a 6-bed, 4-bath, 2,316 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 Keller Williams Realty Fort My, Augustina Holtz

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