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Lee County Β· Bonita Springs, FL 34134

🚨 BIG FLIP with MASSIVE UPSIDE IN SOUGHT AFTER BONITA SPRINGS, FL🏑 🏑

$669,990
3
Beds
3
Baths
3,038
Sq ft
1984
Year built
$530K spread

About this property

Important Details: --> Vacant at close --> Attached 2-car garage --> Impact doors/windows throughout

Features: Waterfront Pool Home with Massive Upside in Sought-After Estero Bay! This 3/3 home offers an impressive 3,038 SQFT and will be delivered vacant at close. Situated on a 0.22-acre corner lot with direct Gulf access, the property features a pool, attached two-car garage, and impact windows and doors throughout. The first floor has been professionally remediated following Hurricane Ian and is ready for renovations, giving investors the opportunity to create a high-end waterfront product. With over 3,000 SQFT, direct Gulf access, a pool, and a prime Estero Bay location, this property is being offered at an almost impossible-to-find price point for the area. A rare value-add opportunity with tremendous upside for the right investor.

Potential ARV: $1,200,000-$1,200,000

Rehab Description: To maximize resale value, this property will require a strategic renovation with a focus on the first floor and waterfront features. Replace the roof and fully restore and modernize the gutted first floor, including the kitchen, bathrooms, flooring, drywall, fixtures, and finishes throughout. The AC was replaced in 2020 and is in good working order, while impact windows and doors were installed in 2023, helping reduce major renovation expenses. The second floor is currently in good condition, giving you the option to keep it as-is or fully modernize it to 2026 standards to create a consistent high-end finish throughout the home. The seawall will need to be repaired, and the pool screen enclosure will need to be repaired or replaced. Service the pool equipment, including the pump, and address any additional issues needed to bring the pool back to full working condition. Finish with any necessary exterior repairs, paint, landscaping, and a thorough deep clean to create a standout waterfront product and maximize resale value.

Construction: CBS/FR

Ideal Investment Strategy: Resale

Comp 1: 24581 Redfish ST, BONITA SPRINGS, FL 34134 3/3 3236 SQFT 2012 Build SOLD @ $1,256,000 5/8/26 (2012 original/half the lot size)

Comp 2: 24534 Redfish St, Bonita Springs, FL 34134 4/3 2457 SQFT 1992 Build SOLD @ $1,180,000 1992 Build (Smaller/updated)

Comp 3: 4735 Pinfish CT, BONITA SPRINGS, FL 34134 2/1 988 SQFT 1990 Build SOLD @ $1,012,500 11/4/25 (Smaller/updated)

Hard Money: Pre-Approved by OPS Loans for up to 75% LTV - See OPS Loans Hard Money

Contact: Benjamin Valdez

Property snapshot

Layout3 Bed / 3 Bath
Living area3,038 sq ft
Year built1984
Property typeLand
CountyLee County

Deal details

Asking price$669,990
ARV estimate$1,200,000
Spread (ARV βˆ’ asking)$530,010
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
+1 (305) 762-9521office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

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The numbers

Asking
$670K
ARV est.
$1.2M
Spread
$530K
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Ms. Meriam
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