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$389,000
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Property Description
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.
Full Property Details
Full Property Details for 2405/2407 Vernon Ave S
General
- Price: $389,000
- Taxes: (2025)
- Status: Active
- Type: Duplex
- Source: Bonita_Springs
- MLS ID: 2026010600
- Updated: 3/2/2026
- Added to Site: 51 day(s) ago
Interior
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Additional Information
- Shared Amenities: None, No Subdivision, Non-Gated
Exterior
- Exterior Features: None, Room for Pool
Location
- Area: LA05 - West Lehigh Acres
- County: Lee
- Subdivision: LEHIGH ACRES
- Building Name: LEHIGH ACRES
- Driving Directions: please see map
Community
- Units Assoc/Comm: 2
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Electric
- Heating Type: Central Electric
Utilities
- Sewer: Septic Tank
- Water: Well
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Description/Design: Duplex
- Structure Type: Duplex
- Exterior Const.: Concrete Block, Stucco
- Roof: Shingle
- Windows: Double Hung
- Year Built: 2007
Lot Features
- Lot Size (Acres): 0.3024
- Lot Size (Sq. Ft.): 13,172
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 101 x 101 x 130 x 131
- Frontage: Public Road
- Frontage Feet: 101
- Irrigation System: None
- Lot Features: Oversize
- Zoning: RM-2
- Lot Description: Oversize
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Tax Year: 2025
- Terms: Buyer Finance/Cash, Cash, FHA, VA Loan
- Tenant Pays: Application Fee, Cable TV, Electricity, Internet Access
Disclosures and Reports
- Legal Description: LEHIGH ESTATES UNIT 3 BLK 18 PB 15 PG 83 LOT 2
- Property ID: 32-44-26-L4-03018.0020
- Section: 32
- Block: 18
- Lot Number: 2
Listed by Logical Choice Realty Group
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Price & Sales History for 2405/2407 Vernon Ave S
Date
Details
Price
Change
Source
3/02/2026
Listed
$389,000
55.6%
MLS
3/26/2021
Sold
$250,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2405/2407 Vernon Ave S
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,675
7%
$319,200
8%
2024
$3,436
1%
$294,999
2%
2023
$3,387
9%
$287,816
11%
2022
$3,096
-4%
$258,699
37%
2021
$3,215
—
$188,815
7%
2021
$3,215
-5%
$176,044
5%
2019
$3,370
20%
$167,962
61%
2018
$2,799
5%
$104,045
-25%
2017
$2,654
12%
$138,888
29%
2016
$2,367
8%
$107,706
17%
2015
$2,194
27%
$91,709
6%
2014
$1,725
12%
$86,700
24%
2013
$1,544
—
$70,198
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2405/2407 Vernon Ave S
2405/2407 Vernon Ave S, Lehigh Acres, FL 33973 (MLS# 2026010600) is a Duplex property with 6 bedrooms and 4 full bathrooms. 2405/2407 Vernon Ave S is currently listed for $389,000 and was received on March 02, 2026. Want to learn more about 2405/2407 Vernon Ave S? Do you have questions about finding other Duplex real estate for sale in Lehigh Acres? You can browse all Lehigh Acres real estate or contact a Coldwell Banker agent to request more information.

