779 BEDFORD DRIVE
Lehigh Acres, FL 33974
$369,000
INVESTOR SPECIAL | HIGH-YIELD DUPLEX WITH IMMEDIATE CASH FLOW
Property Address: 777–779 Bedford Drive
Positioned in a high-demand rental corridor, this fully occupied duplex presents an outstanding turnkey opportunity offering immediate, reliable cash flow and substantial value-add potential.
Investment & Income Highlights
Immediate Cash Flow: Fully leased to reliable tenants generating $2,975/month in current gross income ($1,475 & $1,500/side).
Leases run through 02/27/2027 and 03/31/2027, guaranteeing immediate income with zero initial vacancy loss, and ability to turnover for upside within 6 months of purchase.
Significant Upside (Pro Forma): With minor cosmetic updates (paint and light cosmetic enhancements), market rents support $1,900–$2,000 per side, bringing total potential gross income to $3,800–$4,000/month.
Strong Net Cash Flow Potential: Projected $1,400–$1,600/month in net cash flow at market rents, and updated carrying cost.
Low CapEx Risk: Major capital improvements are already complete. The roof was replaced within the last 5 years, and all major mechanical systems are in good working condition—minimizing deferred maintenance and protecting your bottom line.
Tenant-Magnet Layout: Each unit features a highly functional 3-bedroom, 2-bathroom floor plan with an attached 1-car garage. This layout commands premium rent, attracts long-term tenants, and minimizes turnover.
Location & Submarket Growth
High-Demand Corridor: Strategically located near primary commuter routes, major regional employment hubs, retail centers, and dining options.
Low Vacancy Submarket: Situated in a high-demand rental pocket characterized by low vacancy rates and steady annual rent growth, positioning the asset for long-term equity appreciation.
Showing & Tenant Privacy
Showing Requirements: Showings are strictly accommodated with proof of funds/pre-approval and ...
Listing Courtesy of: LPT REALTY, LLC
877-366-2213
| Listing Id: | TB8566374 |
|---|---|
| List Price: | $369,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Duplex |
| Status: | Active |
| Bedrooms Total: | 6 |
| Bathrooms Full: | 4 |
| Living Area: | 2,306 |
| Tax Annual Amount: | $5,013 |
| Lot Size Square Feet: | 12,502 |
| Lot Size Acres: | 0.29 |
| Waterfront?: | No |
| City: | Lehigh Acres |
| County Or Parish: | Lee |
| Subdivision Name: | Lehigh Acres |
| Postal Code: | 33974 |
| Year Built: | 2005 |
| Additional Parcels?: | No |
| Appliances: | Electric Water Heater, Freezer, Range, Refrigerator |
| Attached Garage?: | Yes |
| Bathrooms Total Integer: | 4 |
| Building Area Units: | Square Feet |
| Carport?: | No |
| Foundation Details: | Slab, Stem Wall |
| Construction Materials: | Block, Concrete, Stucco |
| Cooling: | Central Air |
| Directions: | From Jaguar Blvd Head toward Goodrich Ave S 0.7 mi Turn left onto Bedford Dr Destination will be on the right |
| Exterior Features: | Lighting |
| Flooring: | Tile |
| Garage Spaces: | 2 |
| Garage?: | Yes |
| Gross Income: | $48,000 |
| Heating: | Central |
| Interior Features: | High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Thermostat |
| Laundry Features: | In Garage |
| Levels: | One |
| Listing Contract Date: | 2026-11-10 |
| Ownership: | Fee Simple |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| Lot Size Acres: | 0.29 |
| Postal Code Plus4: | 3601 |
| MLS Area Major: | 33974 - Lehigh Acres |
| MLS Area Major: | 33974 - Lehigh Acres |
| Original List Price: | $369,000 |
| Parcel Number: | 23-45-27-L1-06015.0080 |
| Patio And Porch Features: | Patio, Rear Porch |
| Township: | 45 |
| Road Surface Type: | Asphalt |
| Roof: | Shingle |
| Listing Terms: | Cash, Conventional, FHA, VA Loan |
| Tax Year: | 2025 |
| Senior Community?: | No |
| Sewer: | Septic Tank |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Association?: | No |
| Tenant Pays: | Electricity, Sewer, Water |
| Total Actual Rent: | $3,800 |
| Utilities: | Electricity Connected, Private |
| Water Source: | Well |
| Property Condition: | Completed |
| Public Survey Range: | 27E |
| Public Survey Section: | 23 |
| Zoning: | RM-2 |
| Possession: | Close Of Escrow |
| Alternate Key Folio Num: | 234527L1060150080 |
| Annual Expenses: | 29500 |
| Annual Net Income: | 19000.00 |
| Calculated List Price By Calcula: | 160.02 |
| Cddyn: | No |
| Est Annual Market Income: | 48000.00 |
| Flood Zone Code: | X |
| Flood Zone Date: | 2008-08-28 |
| Flood Zone Panel: | 12071C0490F |
| Green Verification Count: | 0 |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 214.23 |
| Lot Size Square Meters: | 1161 |
| Property Description: | Walk-Up |
| Realtor Info: | As-Is |
| Sdeo yn: | No |
| Total Acreage: | 1/4 to less than 1/2 |
| Total Num Buildings: | 1 |
| Unit Count: | 1 |
| Unit Number Yn: | No |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Road Responsibility: | Public Maintained Road |
| Association 2 Yn: | 0 |
| Attribution Contact: | 877-366-2213 |
| Originating System Name : | Stellar MLS |
| Number Of Separate Electric Meters: | 2 |
| Green Energy Generation Yn: | No |
| Fireplace?: | No |
| Pool Private?: | No |
| New Construction?: | No |
| New Construction?: | No |
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Property Last Updated: November 11, 2026 12:51 AM - ET
