4422-4424 Pine Lake Rd, BONITA SPRINGS

$685,000

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1 Bed
1 Bath
.17 Acre
0 Garage

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.

Essential Information

MLS® #
224005790
Price
$685,000
Bedrooms
1
Bathrooms
1.00
Full Baths
1
Acres
0.17
Year Built
1996
Type
Income
Sub-Type
Duplex
Style
Duplex
Status
Active

Community Information

Address
4422-4424 Pine Lake Rd
Subdivision
IMPERIAL SHORES
City
BONITA SPRINGS
County
Lee
State
FL
Zip Code
34134
Community Type
No Subdivision
Condo Name
IMPERIAL SHORES
Development
IMPERIAL SHORES

Area

BN02 - West of US41 South of Bon

Amenities

Amenities
None
Waterfront
None
Boat Access
None
Pets Allowed
Not Allowed

Interior

Heating
Central Electric

Cooling

Ceiling Fan(s), Central Electric

Exterior

Lot Description
Regular
Roof
Shingle

Exterior

Concrete Block, Wood Frame, Stucco, Vinyl Siding

Construction

Concrete Block, Wood Frame, Stucco, Vinyl Siding

Additional Information

Days on Market
104
Zoning
TFC-2

Listing Details

Office
Barry DeNicola Realty Inc
Property History
Price Reduced from $725,000 to $685,000
Price Reduced from $775,000 to $725,000
Price Reduced from $799,000 to $775,000
Price Reduced from $839,000 to $799,000

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