7431 Ontario Dr Bokeelia, FL 33922
This exceptional investment opportunity presents a six-unit multi-family property situated on a spacious 1.53-acre lot in Bokeelia, Florida. The property boasts excellent frontage on Stringfellow and Ontario Drive, offering convenient access and high visibility. The complex comprises four units located on one address and two additional units situated on a separate address at 7431 Ontario Drive. This presents a unique opportunity for streamlined management. Three of the four units facing Stringfellow have undergone a complete top-to-bottom renovation. These extensive renovations include brand new roofs, flooring, electrical and plumbing systems, updated cabinetry and bathrooms, and modern appliances. The remaining units offer potential for further value enhancement through renovation or upgrading to match the recently remodeled units. The substantial lot size provides ample space for potential expansion, future development, or simply offers a comfortable buffer between the units. With a total of 2,200 square feet of living space across six units, this property presents a strong cash flow potential for an astute investor seeking a turnkey multi-family investment in a desirable location. The property is priced at $989,740, representing a compelling opportunity in the current market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.