Townhome with
For Sale
$565,000
26331 Coco Cay Cir, Bonita Springs, FL 34135
Residential, Duplex, BONITA SPRINGS, FL
Property Size1,863 SF
Price / SF$303.27
Days on Market598
Property Features for 26331 Coco Cay Cir
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
5
Full bathrooms
4
Half bathrooms
1
Rooms
Bathroom 5, Bathroom 1, Bedroom 3, Bathroom 2, Bathroom 4, Laundry Room, Den, Bedroom 2, Bathroom 3, Bedroom 1
Parking
2
Security features
Security System
Interior features
Disability Equipped, Walk-In Closet(s), Wheel Chair Access, Zero/Corner Door Sliders
Exterior features
Balcony
Fencing
Fenced
Appliances
Electric Cooktop, Dishwasher, Disposal, Microwave, Refrigerator/Icemaker, Self Cleaning Oven
Subdivision
VILLA MAR BONITA BEACH
Lot features
Corner Lot, Corner Lot
Standard status
Active
APN
28-47-25-B2-02000.0010
Size
1,863 SF
Taxes and HOA fees
Tax Year
2020
Tax Description
VILLA MAR AT BONITA BEACH CONDO BLD 13 UNIT 201 AS DESC IN INSTRUMENT 2023000147122
Tax Annual Amount
4700
HOA Fee
$23,760 Annually
Legal Description
VILLA MAR AT BONITA BEACH CONDO BLD 13 UNIT 201 AS DESC IN INSTRUMENT 2023000147122
Utilities
Sewer type
Private Sewer, Septic Tank
Heating system
Heat Pump (Heating), Electric (Heating), Central
Cooling system
Central Air, Electric
Building Details
Year built
2023
Floors in Building
1
Number of units
1
Flooring type
Tile
Building materials
Concrete Block, Stone
Roof type
Built-Up
Architectural style
Other
Listing Agency:
Beycome of Florida LLC
(804) 656-5007
Listed By:
Steven Koleno · License #3469487
(804) 656-5007
Added: Jan 7, 2025
Changed: Aug 24
Last Checked: Aug 28 at 4:06AM
MLS# 225002613
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.
New townhome in an exclusive, gated community featuring 3 bedrooms and 4 bathrooms, with an elevator and two inside parking spaces. The home also offers lake views.
Residents have access to a clubhouse and a heated pool. The HOA includes water, internet, TV, and the clubhouse fee, supporting a more streamlined monthly setup.
The community is described as animal-friendly and positioned about one mile from the beach. For convenience and mobility needs, the presence of an elevator is highlighted, including effortless access for those who may require assistance walking.
Residents have access to a clubhouse and a heated pool. The HOA includes water, internet, TV, and the clubhouse fee, supporting a more streamlined monthly setup.
The community is described as animal-friendly and positioned about one mile from the beach. For convenience and mobility needs, the presence of an elevator is highlighted, including effortless access for those who may require assistance walking.
Key Highlights
- New 2023 townhome with 3 bedrooms and 4 bathrooms
- Elevator plus disability‑equipped and wheelchair‑access features including walk‑in closet(s) and zero/corner door sliders
- Lake view and balcony
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,852
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$457,040
$457.0K
Cap Rate 7%
$326,457
$326.5K
Cap Rate 9%
$253,911
$253.9K
Market Conditions
NOI Build-Up for 1,863 SF
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.
Gross rent
$43.4K $23.28/SF
− Vacancy
−$1.8K −$0.98/SF
EGI
$41.5K $22.30/SF
− OpEx
−$18.7K −$10.04/SF
NOI
$22.9K $12.27/SF
Area
Lee County, FL
Vacancy
4.20%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$457,040
Cap Rate 7%
$326,457
Cap Rate 9%
$253,911
Alternative Uses
Best Use
Apartment 5plus
$326.5K
$285.7K – $380.9K
NOI $22,852 @ 7.0% cap · market cap 4.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$586.4K
$513.1K – $684.1K
NOI $41,046 @ 7.0% cap · market cap 7.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
622
Businesses Nearby
Explore this area
Business Placement
Demographics for 34135, FL
45,518
Population
30,904
Households
1.5
Avg Household Size
60
Median Age
39%
College-Educated
88%
High-School Grad
61.8 sq mi
ZIP Area
737
Density / Sq Mi
$86,731
Median Household Income
$37,952
Median Earnings
$1,790
Median Rent
$419,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - New townhome offers lake views, an elevator, and 3 bedrooms with 4 bathrooms plus two inside parking spaces.
Where is this single family property located?
The property is located at 26331 Coco Cay Cir Bonita Springs, FL.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: New 2023 townhome with 3 bedrooms and 4 bathrooms; Elevator plus disability‑equipped and wheelchair‑access features including walk‑in closet(s) and zero/corner door sliders; Lake view and balcony
