3625-3627 RIVIERA CIR Pending

Bonita Springs,FL 34134

$ 700000

5 Beds

4 Baths

3341 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,341 sqft

Price per Sqft $209

Subdivision Riviera Colony

MLS Listing ID A4633603

Bedrooms 5

Year Built 1997

Annual Tax Amount $11,539

Lot Size 0.260 Acres

Property Sub-Type Duplex

Property Description

Under contract-accepting backup offers. Investors dream! A two-income duplex in a prime waterfront location that combines strong cash flow and long-term appreciation potential. Located on a private street with exclusive boat launch access, this property offers direct Gulf access via the Imperial River and Estero Bay—a boater's dream! With an income-based appraisal in 2023 of $1.1M, this is a rare opportunity indeed. Own and profit from this amazing income-generating asset.
Act fast:
• Solid income stream: Both units leased through July 2025.
• Elevated living spaces: The second-story units have NEVER had water intrusion—a critical factor in a high-demand waterfront market.
• Unbeatable location: Access to a private boat ramp and the open Gulf. A boater's paradise, with unparalleled recreational value.
No HOA. NO restrictions on short-term vacation rentals or long-term tenants.
• Upgrades that matter: A new roof (2021), new water heaters, new A/C units (2020 and 2022), and storm shutters (for all windows)
mean low maintenance and high ROI for years to come. A/C bi-annual service contracts are already in place!
• The perfect foundation: The ground floor is non-habitable and is reinforced with 14 feet of masonry block and reinforced steel—built to
last. Elevation certificate is available for accurate flood insurance quote.
GREAT for investors who want more than just a place to park their money. An income powerhouse. With steady leases in place, premium location, and PRIME boat access, this duplex promises immediate returns and long-term value.
Don't miss out. This doesn't come around often—act now and position yourself for the future with this unique investment.

Location

State FL

County Lee

Community Riviera Colony

Zoning TFC-2

Interior

Heating Central

Cooling Central Air

Laundry Inside

Exterior

Exterior Feature French Doors,Hurricane Shutters

Parking Features Boat,Driveway,Garage Door Opener

Garage Spaces 1.0

Utilities Available Public

Waterfront Description Pond

View Y/N Yes

Water Access Yes

Roof Type Shingle

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Block,Vinyl Siding

New Construction false

New Construction false

Others

Acceptable Financing Cash,Conventional,FHA

Listing Terms Cash,Conventional,FHA

Special Listing Condition None

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