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3659 Riviera Cir
Bonita Springs, FL 34134
Luxury Waterfront Stays! · Multifamily Property For Sale
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2 Units
Investment Highlights
- Waterfront duplex with private dock access for each residence.
- Located minutes from Bonita Beach and Barefoot Beach.
- Separate entrances support flexible occupancy arrangements.
Executive Summary
Hidden Harbor presents an opportunity to acquire a renovated waterfront duplex in Bonita Springs, Florida. The property consists of two separate residences with private entrances, fenced outdoor areas, dock access, and waterfront frontage along a canal and lagoon setting. The asset is positioned to appeal to investors seeking short-term rental income, multi-generational occupancy, or owner-occupants looking for supplemental income potential.
The property's waterfront orientation, private docks, and proximity to Bonita Beach, Barefoot Beach, Lovers Key State Park, Coconut Point, Mercato, golf destinations, dining venues, and Southwest Florida International Airport support year-round visitor demand and regional accessibility. The combination of recreational amenities and access to established retail and lifestyle destinations contributes to the property's appeal for both vacation and extended-stay users.
Recent renovations and turnkey positioning allow for immediate occupancy or continued rental operations. The property is offered furnished according to listing information and includes lower-level recreation areas designed to expand usability for residents and guests. Planned private plunge pools for each residence further enhance the property's amenity package. Community boating amenities and nearby access to the Imperial River corridor provide an additional waterfront component for owners and guests.
The property's waterfront orientation, private docks, and proximity to Bonita Beach, Barefoot Beach, Lovers Key State Park, Coconut Point, Mercato, golf destinations, dining venues, and Southwest Florida International Airport support year-round visitor demand and regional accessibility. The combination of recreational amenities and access to established retail and lifestyle destinations contributes to the property's appeal for both vacation and extended-stay users.
Recent renovations and turnkey positioning allow for immediate occupancy or continued rental operations. The property is offered furnished according to listing information and includes lower-level recreation areas designed to expand usability for residents and guests. Planned private plunge pools for each residence further enhance the property's amenity package. Community boating amenities and nearby access to the Imperial River corridor provide an additional waterfront component for owners and guests.
Property Facts
| Price Per Unit | $1,475,000 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 8.47% | Building Size | 5,000 SF |
| Gross Rent Multiplier | 13.89 | Average Occupancy | 85% |
| No. Units | 2 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1998/2026 |
| Property Subtype | Apartment | Parking Ratio | 1.2/1,000 SF |
| Zoning | M5 - Multifamiy | ||
| Price Per Unit | $1,475,000 |
| Sale Type | Investment |
| Cap Rate | 8.47% |
| Gross Rent Multiplier | 13.89 |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 5,000 SF |
| Average Occupancy | 85% |
| No. Stories | 3 |
| Year Built/Renovated | 1998/2026 |
| Parking Ratio | 1.2/1,000 SF |
| Zoning | M5 - Multifamiy |
Amenities
Unit Amenities
- Yard
- Basement
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2 | 1 | - | - |
| 3+2 | 2 | - | - |
Property Taxes
| Parcel Number | 33-47-25-B4-0050B.0100 | Improvements Assessment | $387,021 |
| Land Assessment | $157,428 | Total Assessment | $544,449 |
Property Taxes
Parcel Number
33-47-25-B4-0050B.0100
Land Assessment
$157,428
Improvements Assessment
$387,021
Total Assessment
$544,449
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