4422-4424 Pine Lake Rd, BONITA SPRINGS

$685,000

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
Bedrooms1
Bathrooms1.00
Full Baths1
Acres0.17
Year Built1996
TypeResidential Income
Sub-TypeDuplex
StyleDuplex
StatusActive
Community Information
Address4422-4424 Pine Lake Rd
SubdivisionIMPERIAL SHORES
CityBONITA SPRINGS
CountyLee
StateFL
Zip Code34134
Area

BN02 - West of US41 South of Bon

Amenities
AmenitiesNone
WaterfrontNone
Interior
HeatingCentral Electric
Cooling

Ceiling Fan(s), Central Electric

Exterior
Lot DescriptionRegular
RoofShingle
Exterior

Concrete Block, Wood Frame, Stucco, Vinyl Siding

Construction

Concrete Block, Wood Frame, Stucco, Vinyl Siding

Additional Information
Days on Market102
ZoningTFC-2
Listing Details
OfficeBarry 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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