Move-in Ready Condo with
4121 Gunnison Court 1124, Estero, FL 33928
2-bedroom condo in gated golf community with lake view.
Type:Condo/Townhome
Property size:
912 SFLot size:
0.08 AcresPrice / SF:
$219/SF- Added:
- Mar 24, 2026
- Days on Market:
- 61
- Last Refresh:
- Apr 6 at 1:48 am
Property Features for 4121 Gunnison Court 1124
General Information
- Standard status
- Active
- Size
- 912 SF
- Lot size
- 0.08 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1990
Listing agent Marc J Comisar License #3060671
Listing office DomainRealty.com LLC (239) 301-4301
Listing date Mar 24, 2026
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 DomainRealty.com LLC
HighLights
- Price reduction of nearly $60,000 below original listing price.
- Bundled golf membership included with ownership in the Breckenridge Golf & Tennis Club.
- Move‑in ready, end‑unit condo with updated flooring, fresh paint, and new A/C (less than 1 year old).
- Located in a gated community with resort‑style amenities: multiple pools, tennis courts, pickleball, and more.
- Private, south‑facing screened lanai with serene lake views.
- Convenient location near shopping, dining, entertainment, the airport, and beaches.
Overview
This move-in-ready 2-bedroom, 2-bath end-unit condo is located in the gated Breckenridge Golf & Tennis Club community in Estero. The condo features vaulted ceilings and a private screened lanai with a lake view. The property has an open-concept layout with fresh paint and updated flooring throughout the main living areas. Natural light fills the space through large windows. A recently replaced washer and dryer are included, and a new A/C system (less than one year old) ensures energy efficiency. The split-bedroom floor plan offers privacy, with generous closet space in both bedrooms. The south-facing lanai provides views of the lake. Breckenridge is a bundled golf community, meaning a golf membership is included with ownership. Community amenities include an 18-hole par-3 executive course, eight Har-Tru tennis courts, pickleball, bocce, shuffleboard, and five community pools, including an Olympic-sized lap pool. The clubhouse is currently undergoing a renovation, set to include a new fitness center, library, catering kitchen, and more social spaces. Cable, internet, water, and exterior maintenance are included in the $500/month condo fee. Limited outdoor storage is available for boats, trailers, and RVs. The property is located minutes from Coconut Point Mall, Miromar Outlets, Gulf Coast Town Center, Hertz Arena, and Southwest Florida International Airport. Flexible leasing is permitted four times per year with a 30-day minimum. The property size is 912 square feet.
Financial Insights
Value Estimation Calculated for Apartment 5plus
Conservative
$124.3K
NOI $11,187 @ 9.00% cap · cautious / downside scenario
Moderate
$159.8K
NOI $11,187 @ 7.00% cap · market / base-case scenario
Aggressive
$223.7K
NOI $11,187 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Apartment 5plus
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.2k | $23.28 |
| − Vacancy | −$892 | −$0.98 |
| EGI | $20.3k | $22.30 |
| − OpEx | −$9.2k | −$10.04 |
| NOI | $11.2k | $12.27 |
912 SF · lease $23.28/SF/yr · vacancy 4.20% · expense 45.00%
Alternative Use Scenarios
Best Use
Apartment 5plus
$159.8K
$139.8K – $186.5K
NOI $11,187 @ 7.0% cap · market cap 5.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$287.0K
$251.2K – $334.9K
NOI $20,093 @ 7.0% cap · market cap 10.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Residential income properties
Location Insight
- Map
- Local Demand
- City
- Estero
- County
- Lee
- State
- Florida
- Longitude
- -81.8242408
- Latitude
- 26.4470652
Nearby Similar for Sale
FAQs
What type of property is this?
Residential income property - 2-bedroom condo in gated golf community with lake view.
Where is this residential income property located?
The property is located at 4121 Gunnison Court 1124 Estero, FL.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Price reduction of nearly $60,000 below original listing price.; Bundled golf membership included with ownership in the Breckenridge Golf & Tennis Club.; Move‑in ready, end‑unit condo with updated flooring, fresh paint, and new A/C (less than 1 year old).
