27663 Okeana St Unit 683, Bonita Springs, FL 34134

$1,250,000
9
BD
8
Full Baths
List Price
$1,250,000
Listing Price
$1,250,000
Days on Market
148
MLS#
218008358
Development
Acreage
Building Design
Duplex
Total Buildings
4
County
Lee
Region
BN02 - West of US41 South of Bon
Development
Acreage
Subdivision
Acreage
Year Built
1964
Lot Size
34,098
Approx. Lot Size
309x109x309x109

Property Description

WEST of US 41 in the heart of Bonita Springs. Current monthly rental income is +/- $7400 with annual leases. With a low tenant turn-over, there is huge demand for openings and multiple qualified tenant applications with each vacancy. Up to date kitchens and bathrooms in all units. 7- One bedroom/ one bath units, 1- Two bedrooms/ one bath unit. All hard-surface flooring (Terrazzo or tile floors), all painted identically, very low maintenance, each unit has its own driveway with parking. 1 mile from the stunning Lely Barefoot Beach. Easy access to shopping, recreation, restaurants, cultural activities. Neighboring condos are renting for $1600 per month. Seasonal leases could net significant return on investment. Neighboring villas nightly rate is $179 in “season”. Unknown potential for redevelopment due to proximity to beach and city center.

Additional Information

Total Tax Bill
$6,131
Tax Year
2016
Units
2
Bathrooms
8
Monthly Gross Income
88485
Lot Description
Regular
Lot Size
0.7828
Construction
Concrete Block
Amenities
None
Windows
Sliding
Exterior Features
None
Water
Central
Sewer
Central
Heat
Central Electric
Cooling
Central Electric
Waterfront Description
None
Boat Access
None
Community Type
Non-Gated
Tenant Pays
Cable, Credit Application, Full Electric, Full Telephone, Internet Access, Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Terrastar Real Estate Services.

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