$685,000

4422-4424 Pine Lake Rd, BONITA SPRINGS, FL

1

Bed

1

Bath

0.17

Acres

Quick Summary

Located in Imperial Shores, Bonita Springs, 4422-4424 Pine Lake Rd (MLS®# 224005790) is a gorgeous Duplex Residential Income property. It features 1 bedroom, 1 bathroom with 0.17 acres of lot.

This Property was originally built in 1996. It is currently listed for $685,000, and its price was recently reduced from $725,000 to $685,000.

Remarks

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.

Facts & Features

MLS® # 224005790
Price $685,000
Bathrooms 1.00
Full Baths 1
Square Footage 3080.00
Acres 0.17
Year Built 1996
Type Residential Income
Sub-Type Duplex
Style Duplex
Status Active

Community Information

Address 4422-4424 Pine Lake Rd
Area BN02 - West of US41 South of Bon
Subdivision IMPERIAL SHORES
City BONITA SPRINGS
County Lee
State FL
Zip Code 34134

Amenities

Amenities None
Features Rectangular Lot
Is Waterfront No
Waterfront None
Has Pool No
Private Pool No

Interior

Interior Tile
Heating Central, Electric
Cooling Central Air, Ceiling Fan(s), Electric
Fireplace No
Has Basement No

Exterior

Exterior Block, Concrete, Stucco, Vinyl Siding, Wood Frame
Exterior Features Patio, Room For Pool
Lot Description Rectangular Lot
Windows Single Hung, Sliding
Roof Shingle
Construction Block, Concrete, Stucco, Vinyl Siding, Wood Frame

Additional Information

Days on Market 110
Zoning TFC-2
Foreclosure No
Short Sale No
RE / Bank Owned No
Has HOA No
HOA Fees 0.00

Listing Details

OfficeBarry DeNicola Realty Inc

Listing Map

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