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Renovated Duplex
New
For Sale
$699,000

27646 Imperial Shores BLVD 648, Bonita Springs, FL 34134

Two residences provide separate living arrangements, each with its own eat-in kitchen and in-residence laundry.

Property Size1,592 SF
Price / SF$439.07
Days on Market5

Property Features for 27646 Imperial Shores BLVD 648

General Information

Standard status Active
Size 1,592 SF
Property subtype Duplex

Additional Details

Utilities to Site Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,103

Amenities

tile flooring
split bedrooms
eat in kitchens
in residence laundry
screened outdoor living spaces

Building Details

Year Built 1984
Buildings 1
Construction concrete block
Listing Agency: John R Wood Properties
Listed By: Mari Vesci · License #249500960
Source: Kwelevate
Added: Oct 14 Changed: Oct 16 Last Checked: Oct 16 at 2:01PM

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 John R Wood Properties

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Investment Insights

Based on property information with market context.

Renovated duplex with two separate residences, totaling 4 bedrooms, 2 bathrooms, and 1,592 square feet. The 1984-built property has concrete block construction, tile flooring, split-bedroom layouts, eat-in kitchens, in-residence laundry, and screened outdoor areas. Central water and sewer serve the property, which occupies a corner lot. There are no HOA fees or restrictions.

The duplex is west of US 41 in Bonita Springs, with Publix, dining, shopping, Bonita Beach, and Barefoot Beach nearby.

Key Highlights

  • Two‑unit duplex with 4 bedrooms and 2 bathrooms across 1,592 square feet
  • Renovated property built in 1984, with concrete block construction
  • Corner lot west of US 41 in Bonita Springs

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,072
Cap Rate
3.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$421,440 $421.4K
Cap Rate 7%
$301,029 $301.0K
Cap Rate 9%
$234,133 $234.1K
Market Conditions
NOI Build-Up for 1,592 SF
Gross rent
$31.5K $19.80/SF
− Vacancy
−$1.4K −$0.89/SF
EGI
$30.1K $18.91/SF
− OpEx
−$9.0K −$5.67/SF
NOI
$21.1K $13.24/SF
Area
Lee County, FL
Vacancy
4.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$421,440
Cap Rate 7%
$301,029
Cap Rate 9%
$234,133

Alternative Uses

Best Use
Multifamily LT 5
$301.0K
$263.4K – $351.2K (±1% cap)
NOI $21,072 @ 7.0% cap · market cap 3.01%
Second Best
Apartment 5plus
$279.0K
$244.1K – $325.5K (±1% cap)
NOI $19,528 @ 7.0% cap · market cap 2.79%
Theoretical Best
Office A
$501.1K
$438.4K – $584.6K (±1% cap)
NOI $35,075 @ 7.0% cap · market cap 5.02%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Pharmacy Building Supply Parking Lot & Garage Grocery & Convenience Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

450
Businesses Nearby

Demographics for 34134, FL

15,906
Population
15,051
Households
1.1
Avg Household Size
70
Median Age
55%
College-Educated
98%
High-School Grad
13.4 sq mi
ZIP Area
1,187
Density / Sq Mi
$122,102
Median Household Income
$56,170
Median Earnings
$1,814
Median Rent
$659,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residences provide separate living arrangements, each with its own eat-in kitchen and in-residence laundry.
Where is this duplex located?
The property is located at 27646 Imperial Shores BLVD 648 Bonita Springs, FL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two‑unit duplex with 4 bedrooms and 2 bathrooms across 1,592 square feet; Renovated property built in 1984, with concrete block construction; Corner lot west of US 41 in Bonita Springs
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