
Sold Aug 7, 2026
$380,000Lehigh Acres, FL 33973
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.
Listing last checked: Listing updated:
Listed by Karen Morreale · Lyons Real Estate Inc · MLS #2026010600
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Listing annual taxes: $5,010. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.
Partial estimate: add insurance to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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