Price Reduced 25.08%
Price History
$3,600,000
10/6/2023
$2,999,999
11/16/2023
$2,927,000
6/3/2024
$2,697,000
9/17/2024
269xx Riverside DR, Bonita Springs, FL, 34135
6 beds
9 Full baths
2022
1 Story/Ranch
6,519 sqft
PACKAGE OF 3 PROPERTIES. 26941, 26951, & 26961 N Riverside Dr. Investors dream!! Picture perfect in a prime location – this is a stunning new build on Bonita Springs. 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.
Status:
Active
Type:
Single-family residential
Buildling Design:
Single Family
Furnished Remarks:
Turnkey
Subdivision:
BONITA SPRINGS
Development:
BONITA SPRINGS
Garage:
3-car Attached
Heating:
Central Electric
Cooling:
Central Electric
Levels:
1
Acreage:
0.68
Est. Taxes:
$939
Condo Fee
0.0000
Lot Description:
3 Lots
View Description:
River,Water
Community Type:
Non-Gated
Amenities:
None
Waterfront:
Yes
Boat Access:
None
Days on Market:
446
Pet Policy:
No Approval Needed
Pool:
Yes
MLS #:
223072424
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Copyright ©2024 The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Listing courtesy of COLDWELL BANKER REALTY Phone: 239-263-3300