Active

$382,500

Features:
  • 6 Bedrooms
  • 4 Bathrooms
  • 2330 sq ft
Overview
  • ID: MFRC7526743
  • Bedrooms: 6
  • Bathrooms: 4
  • Size: 2330 sq ft
Property Details
Remarks
Excellent investment opportunity in the rapidly growing Lehigh Acres market! This well-maintained duplex offers two spacious 3-bedroom, 2-bathroom units, each with a 1-car garage and private entrance, making it highly desirable for long-term tenants. Built in 2005 with solid block construction and located in Flood Zone X with no flood insurance required, this property checks all the boxes for investors seeking stable cash flow and low maintenance ownership. Each side features over 1,100 square feet of living space with open floorplans, tile flooring in main living areas, central water, septic, and separately functional layouts ideal for maximizing rental appeal. One lease is currently below market at $1,495/month and expires June 30, presenting immediate upside potential for increased income. Estimated market rents support strong future returns and improved cap rate potential. Situated on an oversized corner lot with ample parking and easy access to SR-82, Fort Myers, shopping, dining, and employment corridors, this duplex is positioned in an area experiencing continued residential growth and rental demand. Whether you're expanding your portfolio, house hacking, or seeking a solid income-producing asset, this property offers excellent long-term investment potential with room for rental growth.
Financial Considerations
Price:
$382,500
HOA Fee:
N/A
Tax Amount:
$4308.67
Price per SqFt:
$164.16
Tax Legal Description:
LEHIGH ESTATES UNIT 3 BLK 30 PB 15 PG 83 LOT 24
Exterior Features
Lot Size:
12371
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Driveway, Off Street
Roof:
Shingle
Pool:
No
Pool Features:
Lap
Interior Features
Bedrooms:
6
Bathrooms:
4
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
N/A
Furnished:
Yes
Floor:
N/A
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
2005
Construction Type:
Block, Stucco
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Private Entrance, Rain Gutters
Additional Features 2:
N/A
Map
  • Address
    4893/4895 29TH ST SW
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