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$389,000

RARE BONITA SPRINGS INVESTMENT & DEVELOPMENT OPPORTUNITY! The value is in the land, location and TFC-2 zoning, offering an exceptional opportunity for an investor, builder or developer. Zoned TFC-2 (Two-Family Conservation), the property offers potential for a duplex/two-family residence, subject to City of Bonita Springs approvals. Currently situated on the property is a charming furnished 1-bedroom, 1-bath cottage with approximately 702 SF, attached 1-car garage and a spacious yard. The existing home provides immediate usability and rental potential while allowing an investor to explore the property's future development possibilities. LOCATION, ZONING & LAND ARE THE STORY HERE. Opportunities to acquire residential land in Bonita Springs with two-family zoning are increasingly difficult to find. Whether your strategy is to continue using the existing cottage as a rental, renovate, or pursue future redevelopment, this property offers multiple avenues for value creation. The property was not affected by Hurricane Ian and subsequent storms impacting Southwest Florida. Enjoy an excellent Bonita Springs location with convenient access to beaches, Old 41, restaurants, shopping, parks, golf, kayaking and everyday amenities. The Gulf beaches are approximately 10 minutes away, while Naples, Fort Myers, I-75, Coconut Point, Gulf Coast Town Center and Southwest Florida International Airport are all within easy reach. INVESTORS: Look beyond the existing cottage and recognize the land value and future potential. BUILDERS: Explore the possibilities offered by TFC-2 zoning. RENTAL INVESTORS: Benefit from an existing dwelling with rental potential while evaluating future development. A unique opportunity to own land in desirable Bonita Springs, Florida with duplex potential, TFC-2 zoning, rental income potential and a convenient Southwest Florida location. Bring your vision and capitalize on the future possibilities of this property. All zoning, development and redevelopment potential should be independently verified with the City of Bonita Springs. Buyer to verify all measurements, flood information, permits, zoning requirements and intended use.

1 Beds ⋅ 1 Baths ⋅ 226029382 MLS

11355 Ridge Road, Bonita Springs

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