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Bonita Fairways Condo with Water Views

9740 Rosewood Pointe Court 102 Bonita Springs, FL 34135

9740 Rosewood Pointe Court 102, Bonita Springs, FL, 34135
$385,000
For Sale
Claim this Listing
$385,000

First-floor condo with attached garage, near Bonita Springs.

Property Size1,465 SF
Lot Size0.17 Acres
Price / SF$262.80
AddedNov 11, 2024
Days on Market612
Last RefreshJul 15 at 10:52 am

Property Features for 9740 Rosewood Pointe Court 102

General Information

Standard status
Active
Size
1,465 SF
Lot size
0.17 Acres
Property subtype
Condo/Townhome

Building Details

Year Built
1997

Listing office Douglas Elliman Florida,LLC

Listing date Nov 11, 2024

Source Exitrealty

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 Douglas Elliman Florida,LLC


Investment Insights

Based on property information with market context.

This first-floor condo in Bonita Fairways offers water views. The property features 2 bedrooms and 2 bathrooms, along with an attached garage. A newly tiled, screened lanai provides a space for enjoying sunsets. Electric shutters are installed. Recent upgrades include fresh interior paint and new tile in the lanai. The condo is situated near the community pool and amenities. Bonita Fairways is a pet-friendly community built around a Gordon Lewis-designed executive golf course, featuring a 3,500-yard, par-61 layout. Community amenities include pools, spas, pickleball and tennis courts, bocce, shuffleboard, and a clubhouse with a fitness center, library, banquet facilities, café, and game rooms. The property is located minutes from downtown Bonita Springs, less than 5 miles from the beach, between Naples and Fort Myers, providing access to beaches, RSW airport, dining, shopping, and cultural attractions. The property size is 1,465 square feet.

Key Highlights

  • Prime Location: Minutes from downtown Bonita Springs and less than 5 miles to the beach.
  • Attached Garage: Offers convenient and secure parking.
  • Enjoy access to multiple pools, spas, tennis/pickleball courts, and more with the Community Amenities.

Local 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 $34.1k $23.28
− Vacancy −$1.4k −$0.98
EGI $32.7k $22.30
− OpEx −$14.7k −$10.04
NOI $18.0k $12.27
1,465 SF · lease $23.28/SF/yr · vacancy 4.20% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$256.7K
$224.6K – $299.5K (±1% cap)
NOI $17,970 @ 7.0% cap · market cap 4.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$461.1K
$403.5K – $538.0K (±1% cap)
NOI $32,277 @ 7.0% cap · market cap 8.38%
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

Suggested Use

Law Firm Dental Office Parking Lot & Garage Skin Care Clinic HVAC Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Hair Salon Grocery & Convenience Store Gym & Fitness Center

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

FAQs

What type of property is this?
Residential income property - First-floor condo with attached garage, near Bonita Springs.
Where is this residential income property located?
The property is located at 9740 Rosewood Pointe Court 102 Bonita Springs, FL.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Prime Location: Minutes from downtown Bonita Springs and less than 5 miles to the beach.; Attached Garage: Offers convenient and secure parking.; Enjoy access to multiple pools, spas, tennis/pickleball courts, and more with the Community Amenities.
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