NOT LISTED FOR SALE

4365 Tarpon Ave Bonita Springs, FL 34134

Imperial Shores Neighborhood

Estimated Value: $794,000 - $2,851,773

15 Beds
10 Baths
-- Sq Ft
1.03 Acres

Last Sold November 30, 2023

Last sale price $3,400,000

Est. 40% decrease in value since last sale

Current estimated payment $12,024/month

200 Days on Market

Highlights

  • 1.03 Acre Lot
  • Concrete Block With Brick
  • Central Heating and Cooling System
  • Pinewoods Elementary School Rated A-
  • Tile Flooring

About This Home

As of November 2023

INVESTORS – THIS is the opportunity you’ve been waiting for! LOCATION, LOCATION, LOCATION! Only MINUTES from the FAMOUS Barefoot Beach, this 9-plex is beautifully remodeled! EVERYTHING NEW, including metal roofs, new AC units, shaker cabinets, stainless steel appliances, quartz countertops, washer/dryer in every unit, interior and exterior paint, and so much more! As soon as you set foot on the property, you will notice the attention to detail from the landscaping to the colors of buildings. These modern key-west style units are gorgeous AND come with ANNUAL leases. Annual net income is 228k+ with a 6% CAP rate at list price. THIS is your opportunity to purchase the PERFECT investment property in Southwest Florida’s fastest growing beach town - Bonita Springs. ONLY 1.5 miles from the beach, minutes to groceries, shopping, and restaurants, AND 2 only miles to Downtown Bonita's coffee shops, wine bars, breweries, restaurants, art fairs and more! DO NOT MISS THIS RARE INVESTMENT OPPORTUNITY

Last Agent to Sell the Property

Samantha H. Corrochano, MBA

Dellatore Real Estate Company License #NAPLES-249528525 Listed on: 04/03/2023

Last Buyer's Agent

Dave Willeford

Gallant Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,221

Year Built

  • Built in 1976

Lot Details

  • 1.03 Acre Lot

Home Design

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

Interior Spaces

  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 10 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, full electric, internet access, water
  • Assessor Parcel Number 32-47-25-B3-03215.0050
  • Tax Block 3215

Community Details

Overview

  • 9 Units
  • Imperial Shores Condos
  • Imperial Shores Community

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $48,000
  • Net Operating Income $228,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,221

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Legal Description: BEG 1668.5 FT N + 1775 FT W OF SE COR OF SEC TH W 250 FT S 177 FT E 250 FT
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.334796$-81.824911$195.96$13.33$1.00$0N8gwHKcrj6UVxm4B3ACJA
  • Building Design: Quadraplex
  • Building Description: Duplex, Other
  • Year Built: 1976
  • Property Information: INVESTORS – THIS is the opportunity you’ve been waiting for! LOCATION, LOCATION, LOCATION! Only MINUTES from the FAMOUS Barefoot Beach, this 9-plex is beautifully remodeled! EVERYTHING NEW, including metal roofs, new AC units, shaker cabinets, stainless steel appliances, quartz countertops, washer/dryer in every unit, interior and exterior paint, and so much more! As soon as you set foot on the property, you will notice the attention to detail from the landscaping to the colors of buildings. These modern key-west style units are gorgeous AND come with ANNUAL leases. Annual net income is 228k+ with a 6% CAP rate at list price. THIS is your opportunity to purchase the PERFECT investment property in Southwest Florida’s fastest growing beach town - Bonita Springs. ONLY 1.5 miles from the beach, minutes to groceries, shopping, and restaurants, AND 2 only miles to Downtown Bonita's coffee shops, wine bars, breweries, restaurants, art fairs and more! DO NOT MISS THIS RARE INVESTMENT OPPORTUNITY
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 10
  • Total Bathrooms: 10.00
  • Total Bedrooms: 15
  • Flooring: Tile
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Metal
  • Construction: Concrete Block
  • Road: Public 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: Imperial Shores
  • Community Type: Non-Gated
  • Units In Building: 9

Condo/Co-op/Association

  • Sub Condo Name: IMPERIAL SHORES
  • Development Name: IMPERIAL SHORES

Lot Info

  • Lot Unit: 5
  • Section: 32
  • Waterfront: No
  • Zoning Code: TFC2
  • Acres: 1.0283
  • Lot Description: Oversize
  • Parcel Number: 32-47-25-B3-03215.0050

Rental Info

  • Tenant Pays: Cable, Full Electric, Internet Access, Water

Tax Info

  • Tax Description: County Only
  • Taxes: 14220.90
  • Tax Year: 2022

Multi Family

  • Unit Count: 9
  • Gross Rental Income: 276000.00
  • Annual Expenses: 48000.00
  • Annual Net Operating Income: 228000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
Nov 30, 2023
Sold by
May James and May Lindsay
Bought by
Largay Way L L C
Seller's Agent
Samantha H. Corrochano, MBA
Dellatore Real Estate Company
Buyer's Agent
Dave Willeford
Gallant Real Estate LLC
List Price
$3,799,000
Sold Price
$3,400,000
Premium/Discount to List
-$399,000
-10.5%
Views
263
Current Estimated Value
$2,031,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,368,409
Avg. Annual Appreciation
-25.00%

Purchase Details

Closed on
Nov 30, 2022
Sold by
Tarpon Village Llc
Bought by
May James and May Lindsay

Purchase Details

Listed on
Nov 14, 2016
Closed on
Mar 21, 2017
Sold by
Island Living Llc
Bought by
Taropn Village Llc
Seller's Agent
Barry DeNicola
Barry DeNicola Realty Inc
Buyer's Agent
Barry DeNicola
Barry DeNicola Realty Inc
List Price
$1,125,000
Sold Price
$875,000
Premium/Discount to List
-$250,000
-22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.43%

Purchase Details

Listed on
Feb 28, 2014
Closed on
Apr 30, 2014
Sold by
Bonita Palms Llc
Bought by
Fun Island Living Llc
Seller's Agent
Barry DeNicola
Barry DeNicola Realty Inc
Buyer's Agent
Barry DeNicola
Barry DeNicola Realty Inc
List Price
$800,000
Sold Price
$700,000
Premium/Discount to List
-$100,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%

Purchase Details

Closed on
Sep 27, 2006
Sold by
Jamm Properties Llp
Bought by
Bonita Palms Llc

Purchase Details

Closed on
Aug 6, 2004
Sold by
Nicola Robert J and Nicola Helen M
Bought by
Jamm Properties Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
5.97%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Largay Way L L C $3,400,000 None Listed On Document
May James $1,700,000 --
Taropn Village Llc $875,000 None Available
Fun Island Living Llc $700,000 Attorney
Bonita Palms Llc $1,150,000 Premier Land Title Llc
Jamm Properties Llp $740,000 Executive Title Ins Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bonita Palms Llc $900,000
Previous Owner Jamm Properties Llp $175,000
Previous Owner Jamm Properties Llp $592,000
Closed Jamm Properties Llp $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $3,400,000 -5.5% --
10/20/2023 10/20/23 Pending -- -- --
06/13/2023 06/13/23 Price Changed $3,599,000 -5.3% --
04/03/2023 04/03/23 For Sale $3,799,000 +334.2% --
03/21/2017 03/21/17 Sold $875,000 -11.5% --
02/20/2017 02/20/17 Pending -- -- --
02/16/2017 02/16/17 Price Changed $989,000 -12.1% --
11/14/2016 11/14/16 For Sale $1,125,000 +60.7% --
04/30/2014 04/30/14 Sold $700,000 -12.5% --
04/29/2014 04/29/14 Pending -- -- --
02/28/2014 02/28/14 For Sale $800,000 -- --
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 $14,396 $886,781 $436,274 $422,834
2023 $14,358 $885,311 $417,689 $451,028
2022 $14,221 $878,407 $363,566 $514,841
2021 $14,211 $874,615 $388,184 $486,431
2020 $13,328 $781,907 $336,276 $445,631
2019 $12,666 $735,369 $313,262 $422,107
2018 $12,786 $740,222 $284,108 $456,114
2017 $12,147 $693,560 $262,345 $431,215
2014 -- $327,846 $60,503 $267,343
Source: Public Records

Agents Affiliated with this Home

  • Samantha H. Corrochano, MBA

    Seller's Agent in 2023

    Samantha H. Corrochano, MBA

    Dellatore Real Estate Company

    (239) 405-9304

    1 in this area

    116 Total Sales

    Samantha H. Corrochano, MBA
    Section Image
  • Dave Willeford

    Buyer's Agent in 2023

    Dave Willeford

    Gallant Real Estate LLC

    (239) 287-0286

    3 in this area

    23 Total Sales

    Dave Willeford
    Section Image
  • Barry DeNicola

    Seller's Agent in 2017

    Barry DeNicola

    Barry DeNicola Realty Inc

    (239) 250-0409

    20 in this area

    215 Total Sales

    Barry DeNicola
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223025521

Naples Area Board of REALTORS®

APN: 32-47-25-B3-03215.0050

Florida Lee County Bonita Springs 34134 Imperial Shores

4365 Tarpon Ave, Bonita Springs, FL

This home is located at 4365 Tarpon Ave, Bonita Springs, FL 34134 since 03 April 2023 and is currently estimated at $2,031,591. This property was built in 1976. 4365 Tarpon Ave is a home located in Lee County with nearby schools including Bonita Springs Elementary School, Spring Creek Elementary School, and Pinewoods Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

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