Attached Villa with Screened
20038 Serre Dr Estero, FL 33928
For Sale
$349,900
Pending
SINGLE_FAMILY - Other - ESTERO, FL
Property Size1,612 SF
Lot Size0.11 Acres
Days on Market67
Property Features for 20038 Serre Dr
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Zoning
- RPD
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Den, Bedroom 1, Bedroom 2, Bathroom 1, Laundry Room, Bathroom 2, Family Room
- Parking
- 2
- Parking features
- Driveway
- Window features
- Window Coverings
- Patio and Porch features
- Porch
- Interior features
- Built-In Cabinets, Fire Sprinkler, Foyer, Pantry, Pull Down Stairs, Smoke Detectors, Walk-In Closet(s), Window Coverings
- Exterior features
- Screened Lanai/Porch
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Self Cleaning Oven, Washer
- Standard status
- Pending
- APN
- 29-46-26-E2-0100A.0510
- Size
- 1,612 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- BELLA TERRA UNIT ONE PB 77 PG 84 BLK A LOT 51
- Tax Annual Amount
- 3683
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Ceiling Fan(s), Electric, Central Air
Building Details
- Year built
- 2005
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl, Tile
- Building materials
- Concrete Block, Stucco
- Roof type
- Tile
- Architectural style
- Other
Listing Agency:
The Agency Naples
(239) 610-3235
Listed By:
Mary Dowling, PA
(239) 849-2396
Added: May 21
Changed: Jul 23
Last Checked: Jul 26 at 2:06AM
MLS# 226020087
Copyright © 2026 Naples Area Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This attached villa offers a bright, open layout with 2 bedrooms, 2 bathrooms, and a versatile flex room that can serve multiple needs. The kitchen features white shaker cabinetry, granite countertops, stainless steel appliances (approximately three years old), a stainless steel sink, and a spacious pantry. Sliding glass doors open to a screened lanai overlooking lush landscaping and partial lake views. The primary suite is privately located to the rear and includes a walk-in closet, linen closet, dual vanities, and a walk-in shower, while the guest bedroom and bathroom are on the opposite side of the home. Inside, you’ll find inside laundry, waterproof luxury vinyl plank flooring in the main living areas, ceramic tile in the primary bath, and recently painted guest bedroom and bathroom. A new 40-gallon water heater was installed in 2023, and there is a spacious two-car garage.
Situated on a low-traffic cul-de-sac near the front of the community, the villa includes a paver driveway with additional parking and a long screened entryway. The HOA maintains landscaping, the roof, and exterior painting for low-maintenance living.
Community amenities described for Bella Terra include a 24-hour fitness center, tennis, pickleball, bocce, and multiple pools, along with walking trails and other recreation options.
Situated on a low-traffic cul-de-sac near the front of the community, the villa includes a paver driveway with additional parking and a long screened entryway. The HOA maintains landscaping, the roof, and exterior painting for low-maintenance living.
Community amenities described for Bella Terra include a 24-hour fitness center, tennis, pickleball, bocce, and multiple pools, along with walking trails and other recreation options.
Key Highlights
- 2005‑built attached villa with 2 bedrooms, 2 bathrooms, and a versatile flex room (den/office options)
- Sliding doors lead to a screened lanai with lush landscaping and partial lake views
- Kitchen includes white shaker cabinetry, granite countertops, stainless appliances, and a spacious pantry
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.5k | $23.28 |
| − Vacancy | −$1.6k | −$0.98 |
| EGI | $36.0k | $22.30 |
| − OpEx | −$16.2k | −$10.04 |
| NOI | $19.8k | $12.27 |
1,612 SF · lease $23.28/SF/yr · vacancy 4.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$282.5K
$247.2K – $329.6K
NOI $19,773 @ 7.0% cap · market cap 5.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$507.4K
$444.0K – $591.9K
NOI $35,516 @ 7.0% cap · market cap 10.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
FAQs
What type of property is this?
Single family property - Attached villa features 2 beds, 2 baths, flex room, screened lanai, and two-car garage.
Where is this single family property located?
The property is located at 20038 Serre Dr Estero, FL.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 2005‑built attached villa with 2 bedrooms, 2 bathrooms, and a versatile flex room (den/office options); Sliding doors lead to a screened lanai with lush landscaping and partial lake views; Kitchen includes white shaker cabinetry, granite countertops, stainless appliances, and a spacious pantry
