26961 Riverside Dr

Description

This Compound property for sale is an excellent rental investment opportunity with a high CAP RATE OF OVER 10% INCLUDING 2 Homes with pool/spa. Located in close proximity to Bonita Beach in Florida, it offers the perfect combination of a desirable location and attractive rental potential. The main house features 4 bedrooms, providing ample space for residents or vacationers. Additionally, there is a refreshing pool, allowing tenants to relax and enjoy the Florida sunshine. In addition to the main house, there is a fully equipped guest house with 2 bedrooms. This offers the flexibility to accommodate larger groups or provide separate living quarters for guests.One of the standout features of this property is that it is a brand new build. This means that everything is fresh and modern, providing a comfortable and appealing living environment for tenants. With its close proximity to Bonita Beach, tenants will have easy access to beautiful sandy shores, stunning sunsets, and a range of recreational activities. This location is highly sought after, making it a desirable destination for renters. Considering the potential rental income from both the main house and guest house, along with the low operating expenses, the estimated cap rate for this property exceeds 10%. This indicates a strong return on investment, making it an attractive opportunity for investors. Overall, this property offers a combination of a prime location, spacious living accommodations, and a new build status, making it an ideal choice for anyone seeking a rental investment property with a high cap rate near Bonita Beach in Florida.Cash Cow Compound here! This opportunity would be an absolute beast turnkey furnished and AirBNB'd without the ever so common HOA restrictions, NO RENTAL RESTRICTIONS.