#225012964, Kevin Kellogg, Listing Office: Logical Choice Realty Group
$5,451
closing credit¹
777-779 Bedford Dr Unit 779 Lehigh Acres, FL 33974
Property details
About 777-779 Bedford Dr Unit 779
LOWEST PRICE ON MARKET DUPLEX IN LEHIGH! HUGE BRRR POTENTIAL! Investment Opportunity in Lehigh Acres – Well-Maintained Duplex with New Roof, 7.25% Cap Rate, and 5% Cash-on-Cash Return! Welcome to 779 Bedford Dr, a prime investment property in the thriving community of Lehigh Acres, FL. This charming duplex offers reliable income and impressive returns, making it an excellent opportunity for both investors and owner-occupants. Key Features: Brand-New Roof (2023): Recently replaced for durability and reduced maintenance costs. Clean 4-Point Inspection: Completed to meet insurance requirements, providing added peace of mind. Strong Financials: Cap Rate: 7.25% Cash-on-Cash Return: 5% Annual Income: Approximately $43,875 Operating Expenses: $10,074.38 Net Operating Income (NOI): $35,400.63 Rental Upside: Potential to increase rents upon lease renewal, boosting future returns. Well-Maintained Systems: HVAC systems, septic system, and wells are all in excellent working condition. Turnkey Appeal: This property is move-in ready and highly attractive to tenants, ensuring immediate income potential. Prime Location: Situated in Lehigh Acres, a rapidly growing area with strong tenant demand, this duplex benefits from proximity to schools, local amenities, and major transportation routes. Why Invest? With a 7.25% cap rate and 5% cash-on-cash return, this property offers solid profitability and long-term growth potential. Minimal maintenance concerns and the opportunity for rent adjustments make it a smart addition to any portfolio. Don't miss out on this high-performing asset in one of Florida's most dynamic markets. Contact us today to schedule a viewing and explore the benefits of owning 779 Bedford Dr!
Highlights
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Summary
- MLS Number: TB8337818
- MLS Name: MFRMLS
- Office Name: LPT REALTY
- Office Phone: (877) 366-2213
- Listing Agent: Jonathan DeBellevue
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Last updated on: 2/2/2025, 9:19:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$459,000
777-779 Bedford Dr Unit 779
$5,451
closing credit¹
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0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
5
Mirror Lakes Elementary School
Public District KG-5
2.5 mi
•525 Charwood Ave S
3
Lehigh Elementary School
Public District KG-5
5.2 mi
•200 Schoolside Ct
2
G. Weaver Hipps Elementary School
Public District KG-5
5.9 mi
•1200 Homestead Rd N
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $19,891. Residents of Lehigh Acres, FL typically earn less than $<35k each year. Most families are married, with kids. The most common level of education of people living in this area is high school diploma.
Similar homes for sale
This home is located at 777-779 Bedford Dr Unit 779 in Lehigh Acres, FL and zip code 33974 in the Eisenhower neighborhood. This 2,306 square foot home, which was built in 2005, sits on a 0.29 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since January 12, 2025 and is currently priced at $459,000.
While more than 26 listings in Lehigh Acres, FL in January 2025 were sold above asking price, there were more than 73 listings sold at asking price, and more than 155 were sold below. The number of homes for sale in Lehigh Acres, FL increased by 20% between December and January 2025. In January 2025, listings were on the market for 74 days. During the same period, the median list price in this real estate market was $365,004.