Duplex with Independent
For Sale
$525,000
27900-902 Vermont St, Bonita Springs, FL 34135
Built in 1991 and located in downtown Bonita.
Property Size1,800 SF
Price / SF$291.67
Days on Market194
Property Features for 27900-902 Vermont St
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1991
Listing Agency:
Premier Sotheby's Int'l Realty
Listed By:
Palmer Rosen · License #280597148
(239) 472-2735
Source:
Napleshomesearches
Added: Apr 5
Changed: Oct 1
Last Checked: Oct 14 at 11:11PM
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 Premier Sotheby's Int'l Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex is located at 27900-902 Vermont St in Bonita Springs, within the downtown Bonita area. The property was constructed in 1991 and is part of a pair of adjoining duplexes currently held under common ownership.
The duplexes may be acquired and operated separately, providing an independently manageable residential income property at the individual asset level. The adjoining duplex is located at 27870 Vermont St.
The duplexes may be acquired and operated separately, providing an independently manageable residential income property at the individual asset level. The adjoining duplex is located at 27870 Vermont St.
Key Highlights
- Duplex at 27900‑902 Vermont St, Bonita Springs, FL 34135
- Constructed in 1991
- Adjoining duplex at 27870 Vermont St
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,825
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$476,500
$476.5K
Cap Rate 7%
$340,357
$340.4K
Cap Rate 9%
$264,722
$264.7K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$35.6K $19.80/SF
− Vacancy
−$1.6K −$0.89/SF
EGI
$34.0K $18.91/SF
− OpEx
−$10.2K −$5.67/SF
NOI
$23.8K $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%
$476,500
Cap Rate 7%
$340,357
Cap Rate 9%
$264,722
Alternative Uses
Best Use
Multifamily LT 5
$340.4K
$297.8K – $397.1K
NOI $23,825 @ 7.0% cap · market cap 4.54%
Second Best
Apartment 5plus
$315.4K
$276.0K – $368.0K
NOI $22,079 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$566.5K
$495.7K – $661.0K
NOI $39,658 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
959
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Built in 1991 and located in downtown Bonita.
Where is this duplex located?
The property is located at 27900-902 Vermont St Bonita Springs, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Duplex at 27900‑902 Vermont St, Bonita Springs, FL 34135; Constructed in 1991; Adjoining duplex at 27870 Vermont St
