Updated Condo in Pelican
3461 Pointe Creek Court 204 Bonita Springs, FL 34134
For Sale
$444,900
Spacious 3-bedroom condo with updated kitchen and community amenities.
Property Size1,361 SF
Lot Size0.21 Acres
Price / SF$326.89
Days on Market638
Property Features for 3461 Pointe Creek Court 204
General Information
- Standard status
- Active
- Size
- 1,361 SF
- Lot size
- 0.21 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2000
Listing Agency:
Berkshire Hathaway FL Realty
(239) 250-6375
Listed By:
Kelley Short · License #249511259
(239) 250-6375
Source:
Exitrealty
Added: Oct 24, 2024
Changed: Jul 6
Last Checked: Jul 23 at 4:47AM
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 Berkshire Hathaway FL Realty
Investment Insights
Based on property information with market context.
Located in The Pointe community within Pelican Landing, this updated condominium features 3 bedrooms and 2 baths. The property offers 1,361 square feet of living space. A common elevator in the building adds convenience. The interior features fresh paint in a neutral color palette, plantation shutters, and easy-to-clean ceramic and luxury vinyl floors. The updated kitchen includes quartz countertops, wood cabinets with pull-out drawers and soft-close doors, under and over-counter lighting, and stainless-steel appliances. The master suite includes his and her walk-in closets, a quartz vanity countertop, and a tiled walk-in shower. The screened lanai offers a tranquil scenic view. The property is located steps away from The Pointe community pool and spa. Pelican Landing residents have access to resort-style amenities, including tennis, pickleball, and bocce courts, a gym, a private beach club, sailing, kayaking, canoeing, and three fishing piers. A butterfly garden is also available. Optional golf memberships are available for two award-winning golf courses. The community is located minutes away from shopping, entertainment, and restaurants.
Key Highlights
- Located in Pelican Landing, offering resort‑style amenities including a private beach club, tennis/pickleball courts, fitness center, and optional golf memberships.
- Updated kitchen features quartz countertops, wood cabinets with pull‑out drawers and soft‑close doors, under/over counter lighting, and stainless‑steel appliances.
- Three spacious bedrooms and two bathrooms provide ample living space.
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 | $31.7k | $23.28 |
| − Vacancy | −$1.3k | −$0.98 |
| EGI | $30.4k | $22.30 |
| − OpEx | −$13.7k | −$10.04 |
| NOI | $16.7k | $12.27 |
1,361 SF · lease $23.28/SF/yr · vacancy 4.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$238.5K
$208.7K – $278.2K
NOI $16,694 @ 7.0% cap · market cap 3.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$428.4K
$374.8K – $499.8K
NOI $29,986 @ 7.0% cap · market cap 6.74%
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 - Spacious 3-bedroom condo with updated kitchen and community amenities.
Where is this residential income property located?
The property is located at 3461 Pointe Creek Court 204 Bonita Springs, FL.
What is the asking price?
The asking price for this property is $444,900.
What are key features of this property?
This property features: Located in Pelican Landing, offering resort‑style amenities including a private beach club, tennis/pickleball courts, fitness center, and optional golf memberships.; **Updated kitchen features quartz countertops, wood cabinets with pull‑out drawers and soft‑close doors, under/over counter lighting, and stainless‑steel appliances.**; Three spacious bedrooms and two bathrooms provide ample living space.
