$395,000

721 & 723 Homer Ave S Unit 723 Lehigh Acres, FL 33973

Westminster Neighborhood

Estimated payment $2,504/month

Total Views 100
6 Beds
4 Baths
2,388 Sq Ft
$165 Price per Sq Ft

Highlights

  • Very Popular Property
  • Central Heating and Cooling System
  • Rectangular Lot
  • Tile Flooring
  • Ceiling Fan
  • Fenced

About This Home

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!

Listing Agent

Maureen Mitchell

Marshall Reddick Real Estate License #258029763 Listed on: 11/08/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,113

Year Built

  • Built in 2005

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 80 x 120 x 120 x 80
  • Fenced
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,388 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 6 / 31
  • Assessor Parcel Number 33-44-26-08-00031.0060

Community Details

Overview

  • 2 Units
  • Lehigh Acres Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $8,800
  • Net Operating Income $30,795

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,113

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.289
  • Lot Size: 80 x 120 x 120 x 80
  • Road Surface Type: Paved
  • Subdivision Name: LEHIGH ACRES
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 2005
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Flooring: Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Fence
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Land Lease Expiration Date: 2026-03-01
  • Parcel #: 33-44-26-08-00031.0060
  • Zoning Description: RM-2

Rental Info

  • Tenant Pays: Application Fee, Cable TV, Electricity, Internet, Pest Control, Pet Deposit

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 30795.0
  • Annual Operating Expense: 8800.0

Tax Info

  • Tax Annual Amount: 5112.71
  • Tax Block: 31
  • Tax Lot: 6
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2025 11/08/25 For Sale $395,000 -- $165 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 2025019234

Florida Gulf Coast Multiple Listing Service