26961 North Riverside Drive
$899,000
4
2
2,170
2,170
$414
Description
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...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.
- Listed by Magdevys Abreu • Coldwell Banker Realty
Property Details for 26961 North Riverside Drive
Area
BN07 - East of US41 North of Ter
DevelopmentROSEMARY PARK
Sub Condo NameROSEMARY PARK
WaterfrontYes
Waterfront DescCanal
ViewWooded Area
Furnished DescTurnkey
Zoning DescriptionTFC2
LISTING UPDATED: 09/23/2024 04:57 PM
Property Details for 26961 North Riverside Drive
Status | Active |
---|---|
MLS # | 223070666 |
Days on Market | 422 |
Taxes | $489 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Residential / Ranch |
Year Built | 2022 |
Lot Size | 0.23 AC / 9,936 SF |
County | Lee County |
Building Information for 26961 North Riverside Drive
Stories1Year Built2022Building Size-Lot Size0.23 AC / 9,936 SF
Property Information for 26961 North Riverside Drive
Property History for 26961 North Riverside Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 26961 North Riverside Drive
Taxable ValueLand$52,079Additions$260,778Total$312,857
Tax Record2023$4,271 ($356 / month)
Home Facts
Beds3Total Finished SqFt1,416 SqFtAbove Grade Finished SqFt1,416 SqFtStories1Lot Size9,936 SqFtStyleSingle Family ResidenceYear Built2022ZoningTFC2CountyLEEAPN26-47-25-B4-0020G.0090
Schools near 26961 North Riverside Drive
This home is within Lee.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | PK to 5 | |||
Public - | PK to 5 | |||
Public - | PK to 5 |
Rating | School | Distance |
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Spring Creek Elementary School PublicPK to 5 | ||
Pinewoods Elementary School PublicPK to 5 | ||
Three Oaks Elementary School PublicPK to 5 | ||
Bonita Springs Elementary School PublicPK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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