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Off market
  • $387,900

    2505 Matena Ave S, Lehigh Acres, FL 33973

    6beds
    1,000sqft
    MultiFamily
    Built in 1987
    -- sqft lot
    $387,900 Zestimate®
    $388/sqft
    $1,644 Estimated rent

    Home value

    $387,900

    $349,000 - $434,000

    $1,644/mo

    Zestimate® history
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    $2,545/mo

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    $2,545/mo

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    What's special

    CASH FLOW! Hands down the lowest price point and highest returns on the market. This investor's duplex is grossing $2700 monthly ($32,400 annually) from stable section 8 tenants. Each unit features 3 beds, 2 baths, and a 1-car garage. No deferred maintenance! Over $15,000 in updates. Recent seller updates include the renovation of unit 2507 in 2019 with new interior paint throughout and remodeled guest bath. Additionally, new PVC plumbing on both units, 1 new HVAC motor, new submersible water pump, new pressure switch, both septic tanks pumped in April 2020, and pressure washed exterior. Conventional buyers can see up to 23% cash on cash returns at an 11% cap rate. DO NOT DISTURB tenants. Call agent for appointment

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile
    Interior area
    • Total interior livable area: 1,000 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stucco
    Lot
    • Size: 0.29 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1987

    Utilities & green energy

    • Sewer: Septic

    Community & HOA

    Location
    • Region: Lehigh Acres

    Financial & listing details

    • Price per square foot: $388/sqft

    Price history

    DateEventPrice
    1/19/2022Sold$310,000+40.9%$310/sqft
    Source: Florida Gulf Coast MLS #221078734 Report a problem
    11/8/2021Pending sale$219,995$220/sqft
    Source: Florida Gulf Coast MLS #221078734 Report a problem
    11/8/2021Listed for sale$219,995+2.3%$220/sqft
    Source: Florida Gulf Coast MLS #221078734 Report a problem
    6/19/2020Sold$215,000$215/sqft
    Source: NABOR FL #220026735 Report a problem
    5/11/2020Pending sale$215,000$215/sqft
    Source: Keller Williams Realty Miami #220026735 Report a problem
    5/5/2020Listed for sale$215,000$215/sqft
    Source: Keller Williams Realty Miami #220026735 Report a problem
    5/1/2020Pending sale$215,000$215/sqft
    Source: Keller Williams Realty Miami #220026735 Report a problem
    4/22/2020Listed for sale$215,000$215/sqft
    Source: Keller Williams Realty Miami #220026735 Report a problem
    12/4/2018Listing removed$1,250$1/sqft
    Source: Zillow Rental Network Report a problem
    12/1/2018Listed for rent$1,250+66.7%$1/sqft
    Source: Zillow Rental Network Report a problem
    11/27/2018Listing removed$215,000$215/sqft
    Source: Dawn Brooks Realty, LLC #218062012 Report a problem
    10/12/2018Pending sale$215,000$215/sqft
    Source: Dawn Brooks Realty, LLC #218062012 Report a problem
    10/6/2018Listed for sale$215,000$215/sqft
    Source: Dawn Brooks Realty, LLC #218062012 Report a problem
    10/2/2018Pending sale$215,000$215/sqft
    Source: Dawn Brooks Realty, LLC #218062012 Report a problem
    9/21/2018Listed for sale$215,000$215/sqft
    Source: Dawn Brooks Realty, LLC #218062012 Report a problem
    6/14/2014Listing removed$750$1/sqft
    Source: Zillow Rental Network Report a problem
    6/5/2014Listed for rent$750$1/sqft
    Source: Realty Services Property Mgmt Co Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 33973

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
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    $387,900
    2% more
    +$7,758
    With Zillow Showcase(estimated)
    $395,658