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Offered at $369,000Active
beds
6
baths
4
sq ft
2,156
Built
2007

2405/2407 Vernon Avenue S

Lehigh Acres, FL 33973

About this home

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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Details at a glance

Interior3 property facts
Heating
Central, Electric
Cooling
Central Air, Electric
Flooring
Tile
Building3 property facts
Style
Duplex
Year built
2007
Roof
Shingle
Land & utilities3 property facts
Lot size
0.3024 acres
Water
Well
Sewer
Septic Tank
Financial3 property facts
Annual taxes
$5,010
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $369,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,283 / monthAdjust
Principal & interest
$1,866
Property tax
$417
Insurance
Not entered
HOA
$0

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.

More property insights

Comparable properties 3 supplied

Sold Aug 7, 2026

$380,000

4893/4895 29th Street SW

Sold Aug 21, 2026

$350,000

4716/4718 21st Street SW

Sold Aug 14, 2026

$375,000

1129/1131 Ivan Avenue S

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About 2405/2407 Vernon Avenue S

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Request a tour of 2405/2407 Vernon Avenue S and a Bean Group agent will help coordinate an available time with the listing side.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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