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Key Details
Sold Price $750,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Bonita Springs
MLS Listing ID 221008112
Sold Date 10/15/21
Bedrooms 7
Full Baths 7
Construction Status Resale Property
Year Built 1979
Annual Tax Amount $7,979
Tax Year 2020
Lot Size 10,781 Sqft
Property Description
Two 3-Unit Buildings Included in this Offering. 27581 Imperial Shores Blvd (1882sf) and 27585 Imperial Shores Blvd.(1576sf) Each building is fully leased so great investment opportunity! Pro Forma 2021 Included in Photo File.
These two adjacent properties have a dock and are located on a canal fifty yards from the Imperial River and a mile from Bonita Beach. This ideal location on a dead end street in a quiet neighborhood has attracted some million dollar homes, and is a short ride or healthy walk to the beach.
These two homes have been converted into six rental units that are so popularly priced that the tenant demand exceeds supply. They can literally be rented in a day. The Annual Gross Rents are $63,000 with a 5+% Cap Rate based on the sale price.
If the purchaser is also seeking a personal residence on the water, near shopping and the beach, and likes boating and fishing, one of the apartments or the whole house could be customized while the remaining units pay the mortgage! This could be a great opportunity for a full time or part time resident/investor.
Location
State FL
County Lee
Community Bonita Springs
Area Bn02 - West Of Us41 South Of Bon
Zoning TFC-2
Interior
Heating Heat Pump
Cooling Central Electric, Window Unit
Flooring Carpet, Tile
Exterior
Exterior Feature Private Road
Community Features No Subdivision, Non-Gated
Amenities Available None
Waterfront 1
Waterfront Description Canal
Roof Type Shingle
Private Pool No
Building
Lot Description Corner, Regular
Building Description Stucco, 1 Story/Ranch
Foundation Concrete Block
Sewer Assessment Paid
Water Assessment Paid
Structure Type Stucco
Construction Status Resale Property
Others
Pets Allowed No Approval Needed
Acceptable Financing Agreement For Deed, Buyer Pays Title, Buyer Finance/Cash, FHA, VA
Listing Terms Agreement For Deed, Buyer Pays Title, Buyer Finance/Cash, FHA, VA
Pets Description No Approval Needed
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