11381/1383 Dean ST Active Save Request In-Person Tour Request Virtual Tour
Bonita Springs,FL 34135
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,404 sqft
Price per Sqft $295
Subdivision Bonita Farms
MLS Listing ID 225068515
Style Other,Ranch,One Story,Two Story,See Remarks
Bedrooms 3
Full Baths 2
Construction Status Resale
HOA Y/N No
Year Built 1949
Annual Tax Amount $5,403
Tax Year 2024
Lot Size 0.307 Acres
Acres 0.307
Lot Dimensions Appraiser
Property Sub-Type Duplex
Property Description
INVESTOR'S DREAM OPPORTUNITY! 2 SEPARATE SINGLE-FAMILY-HOMES ON A VERY LARGE, 0.307-ACRE, CORNER LOT IN BONITA SPRINGS, JUST MINUTES TO THE THRIVING NEW DEVELOPMENTS OF DOWNTOWN BONITA SPRINGS & LESS THAN 15 MINUTES TO THE BEACH! Live in one and rent the other, rent both, AirBNB (no rental restrictions), expand/renovate, build new— the options are endless! Comprised of a 2-bed*, 1 bath bungalow AND a SEPARATE 2-story home with the top floor comprised of 1-bed, 1 bath, full kitchen & living room, oversized covered porch plus over 1,000 sq ft of storage/flex space on the lower level with possibility to be renovated or changed to meet the buyers' needs. City of Bonita Springs feels the lower level could be renovated & connected to the upstairs unit via staircase to become legal under air living space & turn that 2-story home into a much larger home (Buyer to conduct own due diligence & ensure all renovation plans meet the requirements of all authorities, Neither Listing Broker nor Seller make any guarantees). In 2024, there were 3 leases on this property: the storage area in the downstairs apartment leased for $1300/month to a small contracting company, 11381 Dean Street (bungalow) was leased at $1400/month. The upstairs apartment was leased at $1800/month - each rental mentioned occurred at the same time. The 2024 Annual Rental Income for both properties was $54,000! The properties have been updated with solid surface floors throughout, updated baths & an updated kitchen in the 2-story home. New roof in 2018 (on bungalow) and new A/C in 2021 (2-story home)! The bungalow has a tenant in-place through December and the 2-story property is vacant and able to be used as the buyer desires. HUGE parking lot area allows additional opportunity. Laundry on-site. Downtown Bonita Springs has been an investor's haven as it booms with new local restaurants, cafes & shops and is currently home to Riverside Park (which hosts festivals & concerts), a brand-new library, an brand new food truck park & Sugarshack live music cafe, & historic attractions such as Shangri-La Springs & the Historic Wonder Gardens. Only 15 minutes to Bonita Beach & Barefoot Beach with easy access to RSW via I-75 or Imperial Parkway!
Location
State FL
County Lee
Community Bonita Farms
Area Bn10 - East Of Old 41 South Of S
Rooms
Bedroom Description NaN
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Laminate, Tile
Furnishings Furnished
Fireplace No
Window Features Single Hung
Exterior
Exterior Feature Storage
Community Features Non- Gated
Utilities Available Cable Available
Amenities Available None
Waterfront Description None
Water Access Desc Public
Roof Type Shingle
Garage No
Private Pool No
Building
Lot Description Corner Lot, Rectangular Lot
Dwelling Type Duplex
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Other,Ranch,One Story,Two Story,See Remarks
Level or Stories Two
Structure Type Vinyl Siding,Wood Frame
Construction Status Resale
Others
Pets Allowed Yes
Senior Community No
Tax ID 36-47-25-B4-00040.0000
Acceptable Financing All Financing Considered,Cash
Listing Terms All Financing Considered,Cash
Pets Allowed Yes