Renovated
648-27646 Imperial Shores Blvd, Bonita Springs, FL 34134
For Sale
$699,000
Two separate residences offer flexible occupancy, with screened outdoor areas and in-residence laundry.
Property Size1,592 SF
Price / SF$439.07
Days on Market27
Property Features for 648-27646 Imperial Shores Blvd
General Information
Standard status
Size
Property subtype
Additional Details
Utilities to Site
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
tile flooring
split bedrooms
eat in kitchens
in residence laundry
screened outdoor living spaces
Building Details
Buildings
Construction
Listing Agency:
John R Wood Properties
(239) 302-4100
Listed By:
Mari Vesci · License FL #249500960
(239) 269-8889
Source:
Exprealty
Added: Oct 14
Changed: Nov 6
Last Checked: Nov 8 at 7:16AM
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 concrete-block duplex on a corner lot in Imperial Shores, with a combined 1,592 square feet of living area, four bedrooms, and two bathrooms. The two-unit configuration includes tile flooring, split-bedroom layouts, eat-in kitchens, in-residence laundry, and screened outdoor spaces. Central water and sewer serve the property, and there are no HOA fees or restrictions.
The property is west of US 41 in Bonita Springs, with Bonita Beach and Barefoot Beach nearby. Publix, dining, and shopping are also in the area, along with Doc’s Beach House and Downtown Bonita Springs.
The property is west of US 41 in Bonita Springs, with Bonita Beach and Barefoot Beach nearby. Publix, dining, and shopping are also in the area, along with Doc’s Beach House and Downtown Bonita Springs.
Key Highlights
- Two‑unit duplex with 1,592 square feet, four bedrooms, and two bathrooms
- Renovated concrete‑block construction on a corner lot
- Tile floors, split‑bedroom layouts, and eat‑in kitchens
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,085
Cap Rate
2.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$401,700
$401.7K
Cap Rate 7%
$286,929
$286.9K
Cap Rate 9%
$223,167
$223.2K
Market Conditions
NOI Build-Up for 1,592 SF
Gross rent
$30.2K $18.96/SF
− Vacancy
−$1.5K −$0.94/SF
EGI
$28.7K $18.02/SF
− OpEx
−$8.6K −$5.41/SF
NOI
$20.1K $12.62/SF
Area
Lee County, FL
Vacancy
4.94%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$401,700
Cap Rate 7%
$286,929
Cap Rate 9%
$223,167
Alternative Uses
Best Use
Multifamily LT 5
$286.9K
$251.1K – $334.8K
NOI $20,085 @ 7.0% cap · market cap 2.87%
Second Best
Apartment 5plus
$264.7K
$231.6K – $308.8K
NOI $18,527 @ 7.0% cap · market cap 2.65%
Theoretical Best
Office A
$501.1K
$438.4K – $584.6K
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
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
314
Businesses Nearby
Explore this area
Business Placement
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
Properties on Market for Duplexes in Bonita Springs
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer flexible occupancy, with screened outdoor areas and in-residence laundry.
Where is this duplex located?
The property is located at 648-27646 Imperial Shores Blvd 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 1,592 square feet, four bedrooms, and two bathrooms; Renovated concrete‑block construction on a corner lot; Tile floors, split‑bedroom layouts, and eat‑in kitchens
