Residential Real Estate Broker · Miami, FL · Member since 2014 · 214 posts · 106 votes
Just giving my investors out there a heads up that I feel Bonita Springs is about 20%-30% undervalued right now. Naples has been pricing people out of the market, its hard to find non-seasonal/year round rentals, schools are good (Naples are better), lots of land to develop and new things are happening (starbucks moving in, new 4 lane road coming out East, etc.)
Lots of opportunities to buy newly built townhomes/homes/villas in classy communities with good tenants for about 20% less than 2006 prices still.
I'm offering free Property Management for 1 year for the first 3 investors to purchase with me in Bonita Springs. I'm targeting 1 myself and will manage it so I can afford to manage a few others nearby.
Contact me for a list of motivated owners selling nice 2-3 bedroom homes!!
Another home in this gorgeous area was just reduced to $249k! Was selling for $300k+ in the last boom.
A state of the art hospital just opened in Bonita Springs, another large shopping development coming to Coconut Point. Right off 75 they are building a Starbucks. Logan Rd will connect Immokalee to Bonita Beach road next year (where these homes are located).
get In now before I start a topic in 5 years saying 'I told you so!'
@Marc Middleton I am currently getting into real estate investing and have a vacation rental in Naples and looking to add another rental or buy and hold in that area.