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: 3/16/2025, 11:49:50 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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Price information
Property sales
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Tax history
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Nearby schools
6
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
8
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. Most Lehigh Acres, FL residents have annual incomes less than $<35k. Typical family type is married, with kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Wrestling
College Football
Motocross
Where do the neighbors shop?
Family Dollar
Express/Express For Men
GameStop
Where do the neighbors go to eat?
Dominos Pizza
Sonic
Bob Evans
What do the neighbors drive?
Ford
Kia
Jeep
What do the neighbors listen to?
New Country
Country
Oldies
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.
In February 2025, from all listings sold in Lehigh Acres, FL there were more than 33 sold above asking price, over 210 sold below and more than 57 were sold right at the asked price. Between January and February 2025, Lehigh Acres, FL real estate market has seen increase in the number of listings by 13.1%. While the average time on the market in February 2025 was 82 days, the median list price was $364,965.