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.

©2024 Naples Area Board of REALTORS® All rights reserved.

Data last updated 12:58 AM UTC, 10/2/2024

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