26961 North Riverside Drive

Bonita Springs, FL 34135

$899,000
Price
4
Beds
2
Baths
2,170 Sq. Ft.
$414 / Sq. Ft.
2,170
Sq. Ft.
$414
per Sq. Ft.

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.
  1. Listed by Magdevys Abreu • Coldwell Banker Realty

Property Details for 26961 North Riverside Drive

Area
BN07 - East of US41 North of Ter
Development
ROSEMARY PARK
Sub Condo Name
ROSEMARY PARK
Waterfront
Yes
Waterfront Desc
Canal
View
Wooded Area
Furnished Desc
Turnkey
Zoning Description
TFC2
LISTING UPDATED: 09/23/2024 04:57 PM

Property Details for 26961 North Riverside Drive

StatusActive
MLS #223070666
Days on Market422
Taxes$489 / year
HOA Fees-
Condo/Co-op Fees-
Compass Type Land
MLS TypeResidential / Ranch
Year Built2022
Lot Size0.23 AC / 9,936 SF
CountyLee 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

Summary
Location and General Information
  • Amenities: None
  • Community Type: Non-Gated
  • Pets: No Approval Needed
  • Status Type: New Construction
Parking
  • Carport Desc: Attached
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Covered Spaces: 1
  • Garage: Yes
  • Total Parking: 1
HOA and Fees
  • HOA Desc: No
  • HOA Fee: $.00
  • Condo Fee: $0
  • Primary HOA Fee: $0
  • Total Annual Recurring Fees: $.00
  • Association Fee Includes: None
  • Tax Annual Amount: $488.58
  • Tax Legal Description: ROSEMARY PARK NO.1
  • Tax Lot: 9
Interior and Exterior Features
Interior Features
  • Laundry Features: Laundry in Residence
  • Approx Living Area: 2170.0
  • Living Area Source: Plans
  • Living Area Units: Square Feet
  • Bedrooms: 4 Bed
  • Dining Description: Formal
  • Elevator: None
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Equipment: Dishwasher, Microwave, Range, Refrigerator
  • Flooring: Tile
  • Interior Features: Other
  • Spa Features: Above Ground
  • Num Unit Floor: 1
  • Private Pool Desc: Below Ground
  • Private Pool: Yes
  • Private Spa: Yes
  • Total Floors: 1
  • Baths Full: 2
  • Half Bathrooms: 0
  • Bathrooms: 2
  • Bedrooms Total: 4
  • Fireplace: No
  • Foundation Details: Concrete Block
  • View YN: Yes
  • Floor Plan Type: Split Bedrooms
  • Additional Rooms: Laundry in Residence
  • Gas: No
Exterior Features
  • Exterior Features: Patio
  • Exterior Finish: Concrete Block, Stucco
  • Roof: Shingle
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
Property Information
Utilities
  • Cooling: Central Electric
  • Cooling YN: Yes
  • Heat: Central Electric
  • Heating YN: Yes
  • Irrigation: Central
  • Water: Central
Lot Information
  • Structure Type: House
Rental
Rental Information
  • Lease Limits YN: No
  • Horse: No
  • Lease Term: Buyer Finance/Cash
  • Transfer Fee: $.00

Property History for 26961 North Riverside Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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
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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26961 North Riverside Drive is for sale in Bonita Springs, FL 34135. This property was listed for sale on September 29, 2023 by Coldwell Banker Realty, it's currently listed at $899,000. It has been on the market for a total of 422 days and was last sold on January 17, 2023. This listing's school district is Lee. Nearby schools include Spring Creek Elementary School, Pinewoods Elementary School and Three Oaks Elementary School. 26961 North Riverside Drive is a 4-bed, 2-bath, 2,170 sqft built in 2022.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Realty, Magdevys Abreu

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