NOT LISTED FOR SALE

4422 Pine Lake Rd Bonita Springs, FL 34134

Imperial Shores Neighborhood
1 Bed
1 Bath
2,250 Sq Ft
7,545 Sq Ft Lot

Last Sold July 01, 2024

Last sale price $660,000 $293 Per Sq Ft

123 Days on Market

Highlights

  • Room in yard for a pool
  • Concrete Block With Brick
  • Tile Flooring
  • Pinewoods Elementary School Rated A-
  • Patio
  • Central Heating and Cooling System

About This Home

As of July 2024

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.

Last Agent to Sell the Property

Barry DeNicola

Barry DeNicola Realty Inc License #NAPLES-249511390 Listed on: 01/18/2024

Last Buyer's Agent

Barry DeNicola

Barry DeNicola Realty Inc License #NAPLES-249511390 Listed on: 01/18/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,785

Year Built

  • Built in 1996

Lot Details

  • 7,545 Sq Ft Lot
  • Paved or Partially Paved Lot

Home Design

  • Duplex
  • Concrete Block With Brick
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Room in yard for a pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for application fee, cable, credit application, departure cleaning, full electric, full telephone, internet access, security, sewer, water
  • Assessor Parcel Number 32-47-25-B3-00202.0060
  • Tax Block 2

Community Details

Overview

  • 2 Units
  • Imperial Shores Condos
  • Imperial Shores Community

Pet Policy

  • No Pets Allowed

Building Details

  • Operating Expense $12,501
  • Net Operating Income $49,399

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,785

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Legal Description: IMPERIAL SHORES UN 1 UREC BLK 2 OR 53 PG 130 LOT 6
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.33276$-81.825746$185.22$13.33$1.00$UdLYSJR-B9rHxt59ymW1QA
  • Building Design: Duplex
  • Building Description: Duplex
  • Year Built: 1996
  • Property Information: 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.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Flooring: Tile
  • Windows: Single Hung, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block, Wood Frame
  • Irrigation: Central
  • Road: Paved Road
  • Exterior Features: Patio, Room for Pool
  • Exterior Finish: Stucco, Vinyl Siding

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Association/Amenities

  • Pets: Not Allowed
  • Development: Imperial Shores
  • Units In Building: 2

Condo/Co-op/Association

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

Lot Info

  • Lot Unit: 6
  • Section: 32
  • Waterfront: No
  • Zoning Code: TFC-2
  • Acres: 0.1732
  • Lot Description: Regular
  • Parcel Number: 32-47-25-B3-00202.0060

Rental Info

  • Tenant Pays: Application Fee, Cable, Credit Application, Departure Cleaning, Full Electric, Full Telephone, Internet Access, Security, Sewer, Water

Tax Info

  • Tax Description: City And County
  • Taxes: 5785.00
  • Tax Year: 2022

Multi Family

  • Unit Count: 2
  • Gross Rental Income: 61800.00
  • Annual Expenses: 12501.00
  • Annual Net Operating Income: 49399.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $660,000 -3.6% $293 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
04/23/2024 04/23/24 Price Changed $685,000 -5.5% $304 / Sq Ft
04/10/2024 04/10/24 Price Changed $725,000 -6.5% $322 / Sq Ft
03/11/2024 03/11/24 Price Changed $775,000 -3.0% $344 / Sq Ft
02/22/2024 02/22/24 Price Changed $799,000 -4.8% $355 / Sq Ft
01/18/2024 01/18/24 For Sale $839,000 +178.7% $373 / Sq Ft
12/18/2015 12/18/15 Sold $301,000 +0.3% $134 / Sq Ft
11/23/2015 11/23/15 Pending -- -- --
11/17/2015 11/17/15 For Sale $300,000 +62.2% $133 / Sq Ft
07/23/2012 07/23/12 Sold $185,000 0.0% $84 / Sq Ft
06/23/2012 06/23/12 Pending -- -- --
05/25/2012 05/25/12 For Sale $185,000 -- $84 / Sq Ft
Source: Naples Area Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Barry DeNicola

    Seller's Agent in 2024

    Barry DeNicola

    Barry DeNicola Realty Inc

    (239) 250-0409

    20 in this area

    214 Total Sales

    Section Image

  • J

    Seller's Agent in 2015

    Jasen Berube

    MVP Realty Associates LLC

  • J

    Seller Co-Listing Agent in 2015

    Jessica Berube

    Bluebear Property Managment

  • G

    Seller's Agent in 2012

    George Sayers

    RE/MAX

  • M

    Buyer's Agent in 2012

    Michael Hughes

    Downing Frye Realty Inc.

    (239) 398-7572

    1 Total Sale

    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224005790

Naples Area Board of REALTORS®

Florida Lee County Bonita Springs 34134 Imperial Shores

4422 Pine Lake Rd, Bonita Springs, FL

This home is located at 4422 Pine Lake Rd, Bonita Springs, FL 34134 since 18 January 2024. This property was built in 1996. 4422 Pine Lake Rd 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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