10150 Terry St Bonita Springs, FL 34135
- Commercial real estate
- 2.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 10150 Terry St
- Lot size
- 2.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a fully leased, 18-unit multifamily portfolio situated on a 2-acre waterfront lot in desirable Bonita Springs, Florida. The property, located at 10150 W Terry St, zip code 34135, comprises nine single-story buildings, each unit boasting its own private hedged yard. A significant renovation was completed in 2024, ensuring the property is in excellent condition. The portfolio's prime location offers residents convenient access to the vibrant downtown Bonita Springs area, easily walkable from the community. Adding to its appeal is a private boat ramp, a rare and valuable amenity. With a total asking price of $6,500,000, this translates to an attractive price per unit of $361,111.11. This turnkey investment provides immediate cash flow and significant potential for future appreciation in a highly sought-after Florida location. The property's 100% occupancy rate underscores its strong tenant demand and stable income stream. This is a rare opportunity to acquire a well-maintained, high-performing multifamily asset in a thriving coastal community. The Lee County location offers excellent access to major roadways and amenities. This portfolio represents a compelling investment for discerning buyers seeking a stable and profitable addition to their real estate holdings.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bonita Springs
- County
- Lee
- State
- Florida
- Longitude
- -81.78517421469
- Latitude
- 26.345271468345
