Active
26961 Riverside DR
BONITA SPRINGS FL, 34135
$899,000
$414.29 per sqft
Active
4 Beds
2 Baths
2,170 sqft
Residential
Built in 2022
This Compound property for sale is an excellent rental investment opportunity with a high CAP RATE OF OVER 10% INCLUDING 2 Homes with pool/spa. Located in close proximity to Bonita Beach in Florida, it offers the perfect combination of a desirable location and attractive rental potential. The main house features 4 bedrooms, providing ample space for residents or vacationers. Additionally, there is a refreshing pool, allowing tenants to relax and enjoy the Florida sunshine. In addition to the main house, there is a fully equipped guest house with 2 bedrooms. This offers the flexibility to accommodate larger groups or provide separate living quarters for guests.One of the standout features of this property is that it is a brand new build. This means that everything is fresh and modern, providing a comfortable and appealing living environment for tenants. With its close proximity to Bonita Beach, tenants will have easy access to beautiful sandy shores, stunning sunsets, and a range of recreational activities. This location is highly sought after, making it a desirable destination for renters. Considering the potential rental income from both the main house and guest house, along with the low operating expenses, the estimated cap rate for this property exceeds 10%. This indicates a strong return on investment, making it an attractive opportunity for investors. Overall, this property offers a combination of a prime location, spacious living accommodations, and a new build status, making it an ideal choice for anyone seeking a rental investment property with a high cap rate near Bonita Beach in Florida.Cash Cow Compound here! This opportunity would be an absolute beast turnkey furnished and AirBNB'd without the ever so common HOA restrictions, NO RENTAL RESTRICTIONS.
223070666
MLSⓇ ID
September 29, 2023
Listed
October 2, 2024
Updated
Map
26961 Riverside DR
BONITA SPRINGS FL, 34135
Interior Features
Total Stories
1
Bedrooms
4
Total Bathrooms
2
Full Bathrooms
2
Interior Features
Other
Appliances
Dishwasher, Microwave, Range, Refrigerator
Laundry Description
Laundry in Residence
Floor Description
Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central Electric
Heating
Yes
Heating Description
Central Electric
Exterior/Building Features
Lot Size
0.23 Acres
Lot Features
Regular
Architectual Style
Ranch, Single Family
Roof
Shingle
Other Property Details
Area Name
ROSEMARY PARK
Taxes
$489
Tax Frequency
Annually
Days on Market
360
Association Amenities
None
Garage
Yes
Garage Spaces
1
Parking
Attached
Parking Total
1
View
Yes
View Description
Trees/Woods
County
Lee
Water Source
Central
Pool
Yes
Pool Features
Below Ground
Waterfront
Yes
Zoning
TFC2
Listing History
Date | Event | Price |
---|---|---|
9/17/2024 | Price change | $899,000 -9% |
6/3/2024 | Price change | $979,000 -3% |
11/16/2023 | Price change | $999,900 -17% |
Courtesy of Magdevys Abreu, Coldwell Banker Realty
The IDX display contains information sourced from the Naples Area Board of REALTORS® as of 10/2/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated 12:58 AM UTC, 10/2/2024