$268,500
SOLD FEB 4, 2025

5500 Bonita Beach Rd Unit 601 Bonita Springs, FL 34134

Bonita Beach Neighborhood
1 Bed
1 Bath
508 Sq Ft
$625/mo HOA Fee

Recently Sold

$529 Per Sq Ft

26% Below List Price

229 Days on Market

Highlights

  • In Ground Pool
  • Home fronts a canal
  • Elevator
  • Pinewoods Elementary School Rated A-
  • Screened Porch
  • 1-minute walk to Barefoot Beach Access Park

About This Home

As of February 2025

MAJOR PRICE REDUCTION. FINAL & ALL ASSESSMENTS PAID! INVESTOR OR OWNER--THIS ONE MAKES SENSE AT THIS PRICE! Just look at the comps! Building #5 on the 6th floor of the Beach and Tennis Club. Currently the LOWEST PRICE unit for sale on 12/12/24. This CORNER unit has SPECTACULAR EASTERN VIEWS, overlooking the imperial river, a BRAND-NEW AC unit, an UPDATED KITCHEN with full length cabinets and new luxury vinyl flooring.
Situated on 15 acres, this is a special property that remains affordable while being DIRECTLY ACROSS from the beach and close to restaurants. Buy now at a discounted price and step into instant equity when the property is fully complete.

GREAT rental potential here with generous THREE-DAY MINIMUS— perfect for the full-time investor or the savvy owner occupant who wants to make money when away. The amenities are starting to reopen with laundry available, elevator online, pool to reopen this summer, and full updates to the community amenities by year-end. THE HARD WORK HAS BEEN DONE; potential for boat slips, pickleball, tennis courts all in the works!

If you love the beach and being close to restaurants, coupled with a flexible HOA, this unit is for you!

Last Agent to Sell the Property

Chris Borncamp

William Raveis Real Estate License #NAPLES-249530358 Listed on: 05/11/2024

William Raveis Real Estate

Co-Listed By

Frank Procopio

William Raveis Real Estate License #NAPLES-639089267

Last Buyer's Agent

Scott True

True Realty Services, LLC License #NAPLES-274504594

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $533

Year Built

  • Built in 1980

Lot Details

  • Home fronts a canal
  • South Facing Home

HOA Fees

  • $625 Monthly HOA Fees

Parking

  • Common or Shared Parking

Home Design

  • Condo Hotel
  • Flat Roof Shape
  • Poured Concrete
  • Stucco

Interior Spaces

  • 508 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Corner Fireplace
  • Single Hung Windows
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • <<microwave>>

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • In Ground Pool
  • Fixed Bridges
  • Balcony

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Sewer Assessments
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 31-47-25-B3-01400.0601
  • Tax Block 1400

Community Details

Overview

  • $150 Secondary HOA Transfer Fee
  • 72 Units
  • High-Rise Condominium
  • Beach And Tennis Club Condos
  • Beach And Tennis Club Community

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Gulf Boat Access
  • Community Pool or Spa Combo

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$533

Year Built

Built in 1980

Lot Details

0

HOA Fees

$625 per month

Listing Details

  • Legal Description: BEACH + TENNIS CLUB PH-5 OR 1471 PG 1535 UNIT 601
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.330336421193234$-81.8424713297512$340.56$20.91$1.00$
  • Building Design: High Rise (8+)
  • Building Description: Corner
  • Year Built: 1980
  • Property Information: MAJOR PRICE REDUCTION. FINAL & ALL ASSESSMENTS PAID! INVESTOR OR OWNER--THIS ONE MAKES SENSE AT THIS PRICE! Just look at the comps! Building #5 on the 6th floor of the Beach and Tennis Club. Currently the LOWEST PRICE unit for sale on 12/12/24. This CORNER unit has SPECTACULAR EASTERN VIEWS, overlooking the imperial river, a BRAND-NEW AC unit, an UPDATED KITCHEN with full length cabinets and new luxury vinyl flooring. Situated on 15 acres, this is a special property that remains affordable while being DIRECTLY ACROSS from the beach and close to restaurants. Buy now at a discounted price and step into instant equity when the property is fully complete. GREAT rental potential here with generous THREE-DAY MINIMUS— perfect for the full-time investor or the savvy owner occupant who wants to make money when away. The amenities are starting to reopen with laundry available, elevator online, pool to reopen this summer, and full updates to the community amenities by year-end. THE HARD WORK HAS BEEN DONE; potential for boat slips, pickleball, tennis courts all in the works! If you love the beach and being close to restaurants, coupled with a flexible HOA, this unit is for you!
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 6
  • Price Per Sq Ft: 528.54
  • Total Floors: 1
  • Room Count: 1
  • Additional Rooms: Balcony, Screened Lanai/Porch
  • Estimated Living Area: 508
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1 Bed
  • Total Bedrooms: 1
  • Dining Room: Eat-in Kitchen
  • Elevator: Common
  • Equipment: Cooktop - Electric, Microwave, Refrigerator, Refrigerator/Freezer
  • Flooring: Laminate, Tile
  • Floor Plan: Efficiency
  • Interior Amenities: Cable Prewire
  • Primary Bathroom: Combo Tub And Shower
  • Windows: Single Hung

Exterior Features

  • Gulf Access: Yes
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Built-Up Or Flat
  • Canal Width: Canal Width 1-30
  • Construction: Poured Concrete
  • Gulf Access Type: Bridge(s)/Water Indirect
  • Irrigation: Reclaimed
  • Road: Public Road
  • View: River
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground
  • Waterfront Type: Canal

Garage/Parking

  • Parking: Common

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Wall Unit
  • Heat: Wall Unit
  • Sewer: Assessment Paid
  • Water: Assessment Paid

Condo/Co-op/Association

  • Management Company Phone: (239) 596 7200
  • Approval: Buyer
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: No RV
  • Sub Condo Name: BEACH AND TENNIS CLUB
  • Maintenance: Internet/WiFi Access, Manager
  • Master Hoa Fee: 1874
  • Master HOA Fee Frequency: Quarterly
  • Development Name: BEACH AND TENNIS CLUB

Association/Amenities

  • Pets: Not Allowed
  • Development: Beach And Tennis Club
  • Amenities: Common Laundry, Community Pool, Community Spa/Hot tub, Internet Access, Sidewalk
  • Community Type: Condo/Hotel, Non-Gated
  • Units In Building: 72
  • Total Number of Units: 360

Fee Information

  • Transfer Fees: 150.00

Lot Info

  • Builder Product: No
  • Lot Unit: 601
  • Section: 31
  • Total Area: 508
  • Waterfront: Yes
  • Rear Exposure: South
  • Lot Description: Across From Beach Access
  • Parcel Number: 31-47-25-B3-01400.0601

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 121
  • Min Days Of Lease: 3

Tax Info

  • Tax Description: County Only
  • Taxes: 532.53
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2024
Closed on
Feb 4, 2025
Sold by
Oleary Family Living Trust and Oleary Maryjane
Bought by
Dp 1 Properties Llc
Seller's Agent
Chris Borncamp
William Raveis Real Estate
Buyer's Agent
Scott True
True Realty Services, LLC
List Price
$365,000
Sold Price
$268,500
Premium/Discount to List
-$96,500
-26.44%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.09%

Purchase Details

Closed on
Oct 15, 2004
Sold by
Oleary Daniel J and Oleary Mary Jane
Bought by
Oleary Daniel J and Oleary Maryjane
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $268,500 Certified Title
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Price Changed $1,900 -9.5% $4 / Sq Ft
06/25/2025 06/25/25 Price Changed $2,100 -8.7% $4 / Sq Ft
05/19/2025 05/19/25 For Rent $2,300 0.0% --
02/04/2025 02/04/25 Sold $268,500 -10.2% $529 / Sq Ft
12/26/2024 12/26/24 Pending -- -- --
12/12/2024 12/12/24 Price Changed $299,000 -18.1% $589 / Sq Ft
05/11/2024 05/11/24 For Sale $365,000 -- $719 / Sq Ft
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 $428 $30,486 -- $30,486
2023 $533 $38,278 $0 $38,278
2022 $3,528 $246,223 $0 $0
2021 $3,142 $227,284 $0 $227,284
2020 $2,930 $203,490 $0 $203,490
2019 $2,716 $186,533 $0 $186,533
2018 $2,639 $186,533 $0 $186,533
2017 $2,385 $156,655 $0 $156,655
2016 $2,470 $166,043 $0 $166,043
2015 $2,325 $153,600 $0 $153,600
2014 $2,039 $126,600 $0 $126,600
2013 -- $135,200 $0 $135,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224042653

Naples Area Board of REALTORS®

APN: 31-47-25-B3-01400.0601