26961 Riverside Dr, BONITA SPRINGS

$979,000

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4 Beds
2 Baths
2,170 Sqft
.23 Acre
1 Garage

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.

Essential Information

MLS® #
223070666
Price
$979,000
Bedrooms
4
Bathrooms
2.00
Full Baths
2
Square Footage
2,170
Square Footage
2559.00
Acres
0.23
Year Built
2022
Type
Residential
Sub-Type
Single Family Residence
Style
Ranch, One Story
Status
Active

Community Information

Address
26961 Riverside Dr
Subdivision
ROSEMARY PARK
City
BONITA SPRINGS
County
Lee
State
FL
Zip Code
34135

Area

BN07 - East of US41 North of Ter

Amenities

Amenities
None
Utilities
Cable Available
Features
Rectangular Lot
Parking
Attached, Garage
# of Garages
1
Garages
Attached, Garage
View
Trees/Woods
Is Waterfront
Yes
Waterfront
Canal Access
Has Pool
Yes
Pool
In Ground

Interior

Interior
Tile
Heating
Central, Electric
Cooling
Central Air, Electric
# of Stories
1
Stories
1

Interior Features

Separate/Formal Dining Room, Other, Shower Only, Separate Shower, Split Bedrooms

Appliances

Dishwasher, Microwave, Range, Refrigerator

Exterior

Exterior
Block, Concrete, Stucco
Lot Description
Rectangular Lot
Windows
Single Hung, Impact Glass
Roof
Shingle
Construction
Block, Concrete, Stucco

Exterior Features

Security/High Impact Doors, Patio

Additional Information

Days on Market
275
Zoning
TFC2
HOA Fees
0.00

Listing Details

Office
Coldwell Banker Realty
Property History
Price Reduced from $999,900 to $979,000Price Reduced from $999,900 to $979,000Price Increased from $979,000 to $999,900

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