Price Reduction
Address
4422-4424 Pine Lake Rd, Bonita Springs, FL
Price
$ 685,000
Property Attributes
  • MLS#224005790
  • TypeIncome
  • CountyLEE
  • CityBonita Springs
  • AreaBN02 - West of US41 South of Bon
  • NeighborhoodImperial Shores
  • Zip34134
  • StyleDuplex
  • Year Built1996
  • Taxes$ 5785
  • Price$ 685,000
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms0
  • Lot Size7,545 SqFt
Data Source:
Naples Area BOR (NABOR)
Property Description

This immaculate duplex is fully rented and offers a 7.2% CAP RATE. The upstairs unit is a large 2 bedrooms + den (or 3) 2 bath with high ceilings and great floor plan. The first floor unit is a 1 bedroom 1 bath with an oversized garage, future expansion possibilities, and was just completely renovated in a light coastal style including bath kitchen flooring etc. The exterior of the building was just painted and new landscaping installed. Great tenants in place. This property is located within walking/biking distance to beautiful Bonita Beach making it always easy to locate a tenant if needed. There is room for a pool on this property as well. With a great CAP RATE, potential future appreciation and proximity to the beach this property offers it all.

Price History
1/19/2024 Listed $839,000
2/22/2024 5% - $799,000
3/11/2024 4% - $775,000
4/10/2024 7% - $725,000
4/23/2024 6% - $685,000

General Features

Amenities None
Sewer Central
Construction Concrete Block,Wood Frame
Cooling Ceiling Fans,Central Electric
Possession At Closing
Roof Shingle
Water Central
Pets Allowed Y/N Not Allowed
Windows Single Hung,Sliding
Elevator None
Property Type Residential Income
Terms Buyer Finance/Cash
Section 32
Development IMPERIAL SHORES
Development Name IMPERIAL SHORES
Tax Year 2022
Zoning Code TFC-2
Status Active
Acres 0.1732
Cumulative Days on Market 104
Community Type No Subdivision
Year Built 1996
Taxes 5785.00
Subdivision IMPERIAL SHORES
Buyer Agent Comp 2.5%

Interior Features

Flooring Tile
Heating Central Electric
Full Baths 1
Range 25
Unit Count 2
Cable Yes
Beds Total 1
Total Baths 1.00

Exterior Features

Exterior Features Patio,Room for Pool
Road Paved Road
Exterior Finish Stucco,Vinyl Siding
Irrigation Central
Waterfront Desc None
Canal Width None
Lot Description Regular
Boat Access None
Building Description Duplex
Building Design Duplex
Gulf Access No
Lot Unit 6
Private Pool No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 34134

Price
AVG $790K
$690K
Taxes
AVG $4,193
$5,785
Visits
AVG 159
124
Data Provided by Inside Real Estate®
Year Built
AVG 1986
1996

Areas We Cover