Pine Haven Condo Ready to
28100 Pine Haven Way 5 Bonita Springs, FL 34135
For Sale
$224,900
Charming, partially furnished condo in a peaceful community near beaches.
Property Size884 SF
Lot Size0.10 Acres
Price / SF$254.41
Days on Market596
Property Features for 28100 Pine Haven Way 5
General Information
- Standard status
- Active
- Size
- 884 SF
- Lot size
- 0.10 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1983
Listing Agency:
Royal Shell Real Estate, Inc.
(239) 405-0700
Listed By:
Lisa Ninchritz · License #3438313
(239) 405-0700
Source:
Exitrealty
Added: Dec 4, 2024
Changed: Jul 6
Last Checked: Jul 23 at 8:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Royal Shell Real Estate, Inc.
Investment Insights
Based on property information with market context.
Located in the Pine Haven community, this partially furnished condo features 2 bedrooms and 2 bathrooms within 884 square feet. Situated on the second floor, the unit is designed for comfort and convenience. The property is located less than 5 miles from beaches. The Pine Haven community features tropical landscaping and consists of fewer than 200 units. The property is suitable for first-time buyers, retirees, or investors seeking rental income.
Key Highlights
- Under 5 miles to beaches without flood insurance requirements.
- Enjoy low HOA fees.
- Partially furnished, move‑in ready condition.
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 | $20.6k | $23.28 |
| − Vacancy | −$864 | −$0.98 |
| EGI | $19.7k | $22.30 |
| − OpEx | −$8.9k | −$10.04 |
| NOI | $10.8k | $12.27 |
884 SF · lease $23.28/SF/yr · vacancy 4.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$154.9K
$135.5K – $180.7K
NOI $10,843 @ 7.0% cap · market cap 4.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$278.2K
$243.5K – $324.6K
NOI $19,476 @ 7.0% cap · market cap 8.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential income properties
FAQs
What type of property is this?
Residential income property - Charming, partially furnished condo in a peaceful community near beaches.
Where is this residential income property located?
The property is located at 28100 Pine Haven Way 5 Bonita Springs, FL.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: Under 5 miles to beaches without flood insurance requirements.; Enjoy low HOA fees.; **Partially furnished, move‑in ready condition.**
