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Offered at $49,900Active
beds
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baths
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sq ft
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Built
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255-257 Pennfield Street

Lehigh Acres, FL 33974

About this home

Live in one side and collect the rent from the other side, or build a duplex purely for investment. Either way, 255-257 Pennfield St is a duplex-zoned lot in Lehigh Acres, FL that is ready to turn into steady rental income. This is a wide corner lot, and that is a real advantage. With a street on two sides, you will not have neighbors crowding you on both sides, and you get the freedom to face your duplex toward either street, giving it extra curb appeal and plenty of natural light, airflow, and room for parking and landscaping. Corner lots like this are prized by builders and investors alike for their flexible design options. The surrounding neighborhood in the Alabama area is full of promise. Pennfield St already features brand-new duplexes and modern single-family homes, and fresh construction keeps appearing along the nearby streets. Quiet, paved residential blocks, open skies, and friendly neighbors give the area a comfortable, welcoming feel, while the steady wave of new building shows how much confidence there is in this part of town. Look a little wider, up to about a mile out, and you will find a healthy mix of well-kept established homes, newly built residences, and continuing development. That blend creates strong demand from renters who want a fresh, modern place to live close to everything. Conveniences are right around the corner. Homestead Rd is home to Publix, Fresco y Mas, and Joe's Cafe, and Walmart Supercenter along Lee Blvd handles the bigger shopping trips. Dollar General on Alabama Rd S is perfect for quick stops, Maggy's House and other local restaurants offer plenty of dining choices, and Lehigh Regional Medical Center is nearby for medical care. Banks, credit unions, and churches of many faiths serve the surrounding neighborhoods, and golf lovers will appreciate the number of courses within easy driving distance. Getting around could not be easier. Alabama Rd and Milwaukee Blvd put you on the area's main residential roads, with quick routes to downtown Lehigh Acres shopping, and SR 82 is close by for commuting to Fort Myers, the beaches, and Southwest Florida International Airport. An oversized corner, duplex zoning, and a location with strong rental appeal add up to a rare opportunity. Whether you want to move in and collect rent from the other half, or build a cash-flowing investment, 255-257 Pennfield St is ready when you are. Secure it before someone else does.

Listing last checked: Listing updated:

Listed by Shirley Lucas · Ark Realty & Investment · MLS #2026026143

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Details at a glance

Building1 property facts
Style
Residential
Land & utilities3 property facts
Lot size
0.2839 acres
Water
Well
Sewer
None
Financial3 property facts
Annual taxes
$431
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $49,900 asking price. Adjust the assumptions to your situation.

Known monthly costs$288 / monthAdjust
Principal & interest
$252
Property tax
$36
Insurance
Not entered
HOA
$0

Listing annual taxes: $431. 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 Jul 13, 2026

$53,400

3306 44th Street SW

Sold Jul 15, 2026

$49,000

3106 12th Street SW

Sold Sep 14, 2026

$45,000

4020 32nd Street SW

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About 255-257 Pennfield Street

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Request a tour of 255-257 Pennfield Street 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.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.