Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Lots in Spanish Gardens Title is generated by Realmo AI

    11207 San Sebastian Lane, Bonita Springs, FL 34135

    View on Map
    Claim this Listing
    For Sale
    $125,000

    LAND - Bonita Springs, FL

    Lot size:
    0.12 Acres
    Added:
    Apr 11, 2025
    Days on Market:
    405
    Last Refresh:
    May 20 at 11:06 am

    Property Features for 11207 San Sebastian Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    25-47-25-B4-00502.0190
    Lot size
    0.12 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    SPANISH GARDENS BLK 2 PB 36PG 3 LOT 19
    Tax Annual Amount
    626

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Olivia Kaplan

    Listing agent Olivia Kaplan License #258034549

    Listing office Kaplan Pro Realty LLC 2830 Winkler Ave, Suite 101, Fort Myers, FL

    Listing date Apr 11, 2025

    MLS# 225035933 Listing URL

    Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Highly desirable Spanish Gardens community in Bonita Springs.
    • Opportunity to build a single home or larger home/duplex across two adjacent lots.
    • Convenient location off East Terry Street with quick access to I‑75, Gulf beaches, shopping, and dining.
    • Exceptionally low HOA fees of $68 per month covering irrigation, common area maintenance, and amenities.
    • Enjoy community amenities including a pool, shuffleboard, tennis courts, and basketball courts.
    • Public water and sewer available.

    Overview

    Two adjacent residential lots are available in the Spanish Gardens community of Bonita Springs. Located off East Terry Street, the neighborhood provides access to Interstate 75, Gulf beaches, and shopping and dining options. The lots offer the option to build a home on a single lot or a larger home or duplex across both lots. The community has HOA fees of $68 per month, covering irrigation water, common area maintenance, and access to a community pool, shuffleboard, tennis courts, and basketball courts. The owner is selling a total of six lots in Spanish Gardens and is offering a bundle price of $700,000 for all six.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bonita Springs
    County
    Lee
    State
    Florida
    Longitude
    -81.767548
    Latitude
    26.346702

    Nearby Similar for Sale

    • $4,500,000

      Stunning Flex Building in Bonita

      Class A quality flex building in prime location.
      3820 Via Del Rey, BONITA SPRINGS, FL 34134
      View Details
    • $1,399,999
      3,780 SF

      Bonita Springs Warehouse with Offices

      Warehouse with office space and fenced yard in Bonita Springs.
      27900 Industrial Street, Bonita Springs, FL 34135
      View Details
    • $675,000

      Commercial Condo in Bernwood Business Park

      Well-located commercial condo with owner financing available at 5%.
      25110 Bernwood Dr, BONITA SPRINGS, FL 34135
      View Details
    • $699,000
      1,200 SF

      Riverfront Property with Rental Income

      Bonita Springs riverfront property with two apartments and rental income.
      10690 Goodwin Street, Bonita Springs, FL 34135
      View Details
    • $400,000

      Bonita Springs Acreage Dream Home Lot

      1.25 acre lot ready for your dream home!
      25210 Papillion Dr lot: 605, BONITA SPRINGS, FL 34135
      View Details
    • $549,800

      Bonita Springs Multifamily Development Opportunity

      Cleared, build-ready multifamily lot near beaches in Imperial Shores.
      4418 Mariner Road, Bonita Springs, FL 34134
      View Details
    • $310,000

      Updated Office Condo in Bonita

      First-floor office condo updated in 2022 in Bonita Springs.
      28089 Vanderbilt Dr, BONITA SPRINGS, FL 34134
      View Details
    • $850,000
      1,170 SF

      Updated Duplex in Bonita Springs

      Well-maintained duplex with canal access and immediate income potential.
      27315 Gasparilla Dr, BONITA SPRINGS, FL 34135
      View Details
    • $380,000

      Waterfront Land Ready for Development

      Cleared gulf access property ready for your dream home.
      27579 Tarpon Way lot: 0070, BONITA SPRINGS, FL 34134
      View Details
    • $719,000
      2,300 SF

      Bonita Springs Duplex Near Beach

      Duplex near Bonita Beach, ideal for investment or Airbnb.
      27605/609 Imperial River Rd, BONITA SPRINGS, FL 34134
      View Details
    • $325,000

      Waterfront Land in Bonita Springs

      Gulf-access property perfect for boaters and waterfront living.
      27290 J C Lane, Bonita Springs, FL 34135
      View Details
    • $900,000

      Bonita Springs Land Opportunity

      Land opportunity near the bay and Bonita Beach.
      26275 Lot #3 & Lot #4 Hickory Blvd lot: 3, BONITA SPRINGS, FL 34134
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Two adjacent residential lots in Bonita Springs' Spanish Gardens.
    Where is this residential land & home lot located?
    The property is located at 11207 San Sebastian Lane Bonita Springs, FL.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: Highly desirable Spanish Gardens community in Bonita Springs.; Opportunity to build a single home or larger home/duplex across two adjacent lots.; Convenient location off East Terry Street with quick access to I‑75, Gulf beaches, shopping, and dining.
    (239) 292-7223
    We can help!
    Listing Contact
    Olivia Kaplan
    Real Estate License ID: 258034549
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    11207 San Sebastian Lane, Bonita Springs, FL 34135
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!