NOT LISTED FOR SALE

Estimated Value: $293,000 - $401,000

4 Beds
4 Baths
-- Sq Ft
6,490 Sq Ft Lot

Last Sold November 21, 2023

Last sale price $335,000

Est. 6% increase in value since last sale

Current estimated payment $2,312/month

6 Days on Market

Highlights

  • Concrete Block With Brick
  • Tile Flooring
  • Paved or Partially Paved Lot
  • Pinewoods Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of November 2023

RARE Income-earning DUPLEX near highly desirable Historic Downtown Bonita! This CONCRETE BLOCK CONSTRUCTION property is located on a private corner lot & offers 2 spacious units, each 2 beds/2 full baths with in-unit laundry & approximately 1,000 sq ft. of living space per apartment. Also features newly renovated bathrooms & tile floors throughout (no carpet for easy maintenance), ample paved parking in front of the property & separate meters for electric/water/sewer (tenants currently paying utilities). The long-term tenants are currently on a month-to-month lease allowing income right away or flexibility for the future owner (with even greater rental income potential)-- could even convert to an AirBNB if desired (no rental restrictions)! Downtown Bonita Springs has been an investor's haven as it booms with new local restaurants, cafes & shops and is currently home to Riverside Park (which hosts festivals & concerts), a brand-new library, an under-construction food truck park & live music cafe, & historic attractions such as Shangri-La Springs & the Historic Wonder Gardens. Only 4 miles to Bonita Beach & Barefoot Beach with easy access to RSW via I-75 or Imperial Parkway!

Last Agent to Sell the Property

Samantha Kirch

John R Wood Properties License #NAPLES-249523563 Listed on: 10/24/2023

John R Wood Properties

Last Buyer's Agent

Samantha Kirch

John R Wood Properties License #NAPLES-249523563 Listed on: 10/24/2023

John R Wood Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,538

Year Built

  • Built in 1994

Lot Details

  • 6,490 Sq Ft Lot
  • Lot Dimensions: 50
  • Paved or Partially Paved Lot

Home Design

  • Duplex
  • Concrete Block With Brick
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, full electric, water
  • Assessor Parcel Number 35-47-25-B4-00225.0260
  • Tax Block 25

Community Details

Overview

  • 2 Units
  • Heitmans Condos
  • Heitmans Community

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $4,400
  • Net Operating Income $27,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,538

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Legal Description: HEITMANS BONITA SPRINGS BLK 25 PB 6 PG 24 LOT 26
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.334051$-81.785914$201.52$13.33$1.00$fD8cbcRSYeh_nYAwjdOgCA
  • Building Design: Duplex
  • Building Description: 2 Story, Duplex
  • Year Built: 1994
  • Directions: Bonita Beach Rd. to Michigan St. to Kentucky St. to Tennessee St.
  • Property Information: RARE Income-earning DUPLEX near highly desirable Historic Downtown Bonita! This CONCRETE BLOCK CONSTRUCTION property is located on a private corner lot & offers 2 spacious units, each 2 beds/2 full baths with in-unit laundry & approximately 1,000 sq ft. of living space per apartment. Also features newly renovated bathrooms & tile floors throughout (no carpet for easy maintenance), ample paved parking in front of the property & separate meters for electric/water/sewer (tenants currently paying utilities). The long-term tenants are currently on a month-to-month lease allowing income right away or flexibility for the future owner (with even greater rental income potential)-- could even convert to an AirBNB if desired (no rental restrictions)! Downtown Bonita Springs has been an investor's haven as it booms with new local restaurants, cafes & shops and is currently home to Riverside Park (which hosts festivals & concerts), a brand-new library, an under-construction food truck park & live music cafe, & historic attractions such as Shangri-La Springs & the Historic Wonder Gardens. Only 4 miles to Bonita Beach & Barefoot Beach with easy access to RSW via I-75 or Imperial Parkway!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Flooring: Tile
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block, See Remarks
  • Road: Paved Road
  • Exterior Finish: Stucco

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Association/Amenities

  • Pets: No Approval Needed
  • Development: Heitmans
  • Community Type: Non-Gated
  • Units In Building: 2

Condo/Co-op/Association

  • Sub Condo Name: HEITMANS
  • Development Name: HEITMANS

Lot Info

  • Lot Back: 50
  • Lot Frontage: 50
  • Lot Left: 130
  • Lot Right: 130
  • Lot Unit: 26
  • Section: 35
  • Waterfront: No
  • Zoning Code: TFC2
  • Acres: 0.1490
  • Lot Description: Corner, Regular
  • Lot Dimensions: 50 X 130
  • Parcel Number: 35-47-25-B4-00225.0260

Rental Info

  • Tenant Pays: Cable, Full Electric, Water

Tax Info

  • Tax Description: County Only, No Homestead
  • Taxes: 3538.29
  • Tax Year: 2022

Multi Family

  • Unit Count: 2
  • Gross Rental Income: 27600.00
  • Annual Expenses: 4400.00
  • Annual Net Operating Income: 27600.00
  • Total Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2025
Sold by
Roberson Elba Rocio and Roberson Jonathan
Bought by
Palm View Enterprises Llc
Current Estimated Value
$354,000

Purchase Details

Listed on
Oct 24, 2023
Closed on
Nov 21, 2023
Sold by
Revocable Declaration Of Trust
Bought by
Roberson Elba Rocio and Roberson Jonathan
Seller's Agent
Samantha Kirch
John R Wood Properties
Buyer's Agent
Samantha Kirch
John R Wood Properties
List Price
$499,000
Sold Price
$335,000
Premium/Discount to List
-$164,000
-32.87%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.13%

Purchase Details

Closed on
May 31, 2018
Sold by
Ruel Richard W
Bought by
Ruel Richard W and Richard W Ruel Sr Revocable Trust

Purchase Details

Listed on
Dec 22, 2014
Closed on
Aug 14, 2015
Sold by
Dimes Victor G
Bought by
Ruel Family Revocable Declaration Of Tru
Seller's Agent
David Campbell
INACTIVE AGENT ACCT
Buyer's Agent
David Campbell
INACTIVE AGENT ACCT
List Price
$245,000
Sold Price
$190,000
Premium/Discount to List
-$55,000
-22.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.38%

Purchase Details

Closed on
Dec 1, 2014
Sold by
Smith Chelsea Elizabeth
Bought by
Dimes Victor G

Purchase Details

Closed on
Jun 5, 2014
Sold by
Dimes Victor G
Bought by
Smith Chelsea Elizabeth

Purchase Details

Closed on
Feb 4, 2010
Sold by
Dimes Victor G and Dimes Bobbiann M
Bought by
Dimes Victor G

Purchase Details

Closed on
Apr 3, 2003
Sold by
Dimes Victor G
Bought by
Dimes Victor G and Dimes Bobbiann

Purchase Details

Closed on
Mar 11, 1997
Sold by
Kyttle Lonnie J and Kyttle Elizelda Munoz
Bought by
Dimes Victor G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,300
Interest Rate
7.75%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Palm View Enterprises Llc $100 None Listed On Document
Roberson Elba Rocio $335,000 None Listed On Document
Ruel Richard W -- Attorney
Ruel Family Revocable Declaration Of Tru $190,000 Sunshine Title & Escrow Inc
Dimes Victor G -- None Available
Smith Chelsea Elizabeth -- None Available
Dimes Victor G -- None Available
Dimes Victor G -- --
Dimes Victor G $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dimes Victor G $61,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2023 11/21/23 Sold $335,000 -32.9% --
10/30/2023 10/30/23 Pending -- -- --
10/24/2023 10/24/23 For Sale $499,000 +162.6% --
08/14/2015 08/14/15 Sold $190,000 -22.4% --
07/15/2015 07/15/15 Pending -- -- --
12/22/2014 12/22/14 For Sale $245,000 -- --
Source: Naples Area Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,778 $322,114 $62,858 $252,734
2023 $3,794 $225,803 $0 $0
2022 $3,538 $205,275 $0 $0
2021 $3,084 $191,289 $60,000 $131,289
2020 $3,015 $191,383 $40,000 $151,383
2019 $2,663 $154,226 $30,000 $124,226
2018 $2,526 $142,924 $30,000 $112,924
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223076814

Naples Area Board of REALTORS®

APN: 35-47-25-B4-00225.0260