27495 Big Bnd Rd, Unit 511 Bonita Springs, FL 34134-3957
- Residential income properties
- 4,472 SF
- 1.32 lot acres
Jul 20, 2021
Current Use by Public Records
- Residential income properties
Property Details for 27495 Big Bnd Rd
- Year built
- 1966
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.32 lot acres
- Property size
- 4,472 SF
- Zone code
- RM-2
- Property type
- Residential income properties
- APN
- 32-47-25-B2-00003.0000
- APU
- 324725B2000030000
Property Overview
This property features 1.51 acres of Gulf Access located at the end of Big Bend in Bonita Springs, FL. The city has approved the development of up to ten detached villas, including boat docks and other accessory uses, with the possibility of adding five deviations. A full development order was in place as of June 2024. Discussions have focused on potentially transitioning the land into six larger, west-facing lots, each featuring its own boat slip and pool. The zoning is RM-2, which is intended for residential use.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,085,000
- ML approach
- $3,070,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,742,000
Market price range: $801k - $5.74M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $2,775,000 Current use
- AUTO REPAIR, GARAGE
- $3,155,000 Change: +14% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Bonita Springs
- County
- Lee
- State
- Florida
- Longitude
- -81.8251
- Latitude
- 26.3385
- CBSA code
- 15980
- CBSA name
- CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA