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Attached Villa with Screened Lanai

20038 Serre Dr Estero, FL 33928

20038 Serre Dr, Estero, FL, 33928
$349,900
For Sale
$349,900

SINGLE_FAMILY - Other - ESTERO, FL

Property Size1,612 SF
Lot Size0.11 Acres
Price / SF$217.06
Days on Market59

Property Features for 20038 Serre Dr

General Information

Property type
Residential
Property subtype
Duplex
Zoning
RPD
Bedrooms
2
Bathrooms
2
Rooms
Bedroom 2, Bathroom 1, Family Room, Bathroom 2, Den, Bedroom 1, Laundry 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
Active
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), Central Air, Electric

Building Details

Year built
2005
Floors in Building
1
Number of units
2
Flooring type
Tile, Vinyl
Building materials
Concrete Block, Stucco
Roof type
Tile
Architectural style
Other
Listing Agency The Agency Naples
99 9th St N, Naples, FL
Listed by Mary Dowling, PA
Added: May 21 Checked: Jul 18 at 2:06 pm
MLS# 226020087 Listing URL

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.

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

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 $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 (±1% cap)
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 (±1% cap)
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

Suggested Use

Law Firm Electrical Service (Bike/Boat/Book/etc) Store Garden Center Auto Repair Shop Cafe & Coffee Shop Computer & Electronic Repair Gym & Fitness Center (Bike/Boat/Book/etc) Store Nursing Home

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

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
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