This exceptional 2.05-acre property in Bonita Springs, Florida, presents a unique redevelopment opportunity. Located at 4836 Bonita Beach Rd SW, this Lee County land boasts approximately 440 feet of direct frontage on Bonita Beach Road, offering unparalleled visibility and access. The site comprises three adjacent parcels, currently improved, and zoned C-1/CM, allowing for mixed-planned development. With potential for maximum density, this location provides both road and waterfront exposure, ideal for a variety of commercial and residential uses. The property features existing water, sewer, and electric services. A maximum building height of 45 feet or higher may be achievable with an approved Mixed Planned Development (MPD). Submerged land leases for boat docks are available through the State. This prime location on the growing Bonita Beach Road corridor, connecting Fort Myers and Naples, makes this a rare investment opportunity. The asking price is $8,499,000. The property's address is 4836 Bonita Beach Rd SW, Bonita Springs, FL 34134.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,216,589
6.5%
$1,123,005
7%
$1,042,791
Comparable approach
Method
Valuation
Relative Method
$1,577,273
Geo Method
$2,744,613
Alternative Use
Use
Valuation
Residential
$947,297
Hospitality
$867,719
Educational
$721,932
Medical
$746,760
Retail
$1,123,005
Location Insight
City
Bonita Springs
County
Lee
State
Florida
Latitude
26.3307
Longitude
-81.8327
CBSA code
15980
CBSA name
CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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