Bonita Boardwalk is a prime 8. 4+/- acre development opportunity strategically located along the north side of Bonita Beach Road in Bonita Springs, Florida. Boasting approximately 635 feet of road frontage, this property enjoys excellent visibility and accessibility, positioned just east of Imperial Boulevard and west of I-75. The central portion of the site spans approximately 330 feet in width by 960 feet in depth, offering a substantial footprint of 316, 800 square feet. Adjacent parcels provide additional flexibility: two to the east measure 170 feet wide by 115 feet deep (19, 550 square feet), while three to the west measure 135 feet wide by 185 feet deep (24, 975 square feet). The terrain is predominantly flat, with sections partially cleared, interspersed with mature trees that add natural charm. The northern area is heavily vegetated and falls within a FEMA Floodway. Zoning designations unlock diverse potential for development. The southern portion is zoned Interchange Commercial under the Bonita Beach Road Corridor Overlay, permitting up to 10 residential units per acre. Meanwhile, the northern section is designated Medium Density Residential, with a base density of 11. 6 units per acre. Affordable housing density bonuses are not applicable in either zoning district, emphasizing the importance of thoughtful land use planning. This property offers a unique canvas for developers seeking to create a vibrant mixed-use community or a residential enclave. With its prime location, substantial lot size, and flexible zoning, Bonita Boardwalk is well-suited to meet the growing demand for thoughtfully designed developments in Bonita Springs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,999,995
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $4,799,996 | $4,799,996 | $4,799,996 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.826% | 6.936% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $31,133 | $31,133 | $42,476 |
Total Monthly Payment | $31,258 | $31,258 | $42,601 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.