$899,000
$301K PRICE DROP

26951 N Riverside Dr Bonita Springs, FL 34135

Estimated payment $5,711/month

Total Views 10,718
4 Beds
2 Baths
2,173 Sq Ft
$414 Price per Sq Ft

Highlights

  • In Ground Pool
  • View of Trees or Woods
  • Formal Dining Room
  • Pinewoods Elementary School Rated A-
  • Home fronts a canal
  • 4-minute walk to Island Park

About This Home

This Compound property for sale is an excellent rental investment opportunity with a high CAP RATE OF OVER 8% 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.

Listing Agent

Magdevys Rodriguez

Coldwell Banker Realty License #NAPLES-249522169

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,312

Year Built

  • Built in 2022

Lot Details

  • 9,814 Sq Ft Lot
  • Lot Dimensions: 50
  • Home fronts a canal
  • East Facing Home
  • Property is zoned TFC2

Parking

  • 1 Car Attached Garage

Home Design

  • Turnkey
  • Concrete Block With Brick
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,173 Sq Ft Home
  • 1-Story Property
  • Single Hung Windows
  • Formal Dining Room
  • Tile Flooring
  • Views of Woods
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Home Security

  • High Impact Windows
  • High Impact Door

Pool

  • In Ground Pool
  • Above Ground Spa

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Patio
  • 756 SF Accessory Dwelling Unit

Community Details

  • Rosemary Park Community

Listing and Financial Details

  • Assessor Parcel Number 26-47-25-B4-0020G.0080
  • Tax Block G

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,312

Year Built

Built in 2022

Lot Details

0

Parking

1

Listing Details

  • Legal Description: ROSEMARY PARK NO.1
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.346215$-81.780711$62.93$13.33$1.00$k9WeI0g-gJt2yoPLLlH4uw
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 2022
  • Property Information: This Compound property for sale is an excellent rental investment opportunity with a high CAP RATE OF OVER 8% 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.
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Turnkey
  • Num Unit Floor: 1
  • Price Per Sq Ft: 413.71
  • Total Floors: 1
  • Additional Rooms: Laundry in Residence
  • Estimated Living Area: 2173
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 4 Bed
  • Total Bedrooms: 4
  • Dining Room: Formal
  • Equipment: Dishwasher, Microwave, Range, Refrigerator
  • Flooring: Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Walk-In Closet
  • Primary Bathroom: Shower Only
  • Windows: Impact Resistant, Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Shingle
  • Canal Width: Canal Width 1-30
  • Construction: Concrete Block
  • Irrigation: Central
  • View: Wooded Area
  • Exterior Features: Extra Building, Patio
  • Exterior Finish: Stucco
  • Guest House: 1 Bath, 2+ Bedrooms
  • Guest House Sq Ft: 756
  • Private Pool Type: Below Ground
  • Private Spa Type: Above Ground
  • Waterfront Type: Canal

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 1

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Mandatory HOA: No
  • Sub Condo Name: ROSEMARY PARK
  • Development Name: ROSEMARY PARK

Association/Amenities

  • Pets: No Approval Needed
  • Development: Rosemary Park
  • Amenities: Guest Room
  • Community Type: Non-Gated
  • Units In Building: 1
  • Total Number of Units: 1

Lot Info

  • Builder Product: No
  • Lot Back: 51
  • Lot Frontage: 50
  • Lot Left: 200
  • Lot Right: 201
  • Lot Unit: 8
  • Section: 26
  • Total Area: 2559
  • Waterfront: Yes
  • Zoning Code: TFC2
  • Acres: 0.2253
  • Rear Exposure: East
  • Lot Description: Regular
  • Lot Dimensions: 50 X 200 X 51 X 201
  • Parcel Number: 26-47-25-B4-0020G.0080

Rental Info

  • Lease Limits: No

Tax Info

  • Tax Description: County Only
  • Taxes: 8312.17
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2024 09/17/24 Price Changed $899,000 -8.2% $414 / Sq Ft
06/03/2024 06/03/24 Price Changed $979,000 -2.1% $451 / Sq Ft
11/16/2023 11/16/23 Price Changed $999,900 -16.7% $460 / Sq Ft
09/28/2023 09/28/23 For Sale $1,200,000 -- $552 / Sq Ft
Source: Naples Area Board of REALTORS®

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Source: Naples Area Board of REALTORS®

MLS Number: 223070657

Naples Area Board of REALTORS®