98 Southport Cove, Bonita Springs, FL 34134 — MLS photo

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98 Southport Cove, Bonita Springs, FL 34134

Active · SingleFamilyResidence

$4,250,000

98 Southport Cove, Bonita Springs, FL 34134

Beds
4
Baths
3
Living area
3,819 sq ft
$ / sq ft
$1,113/sq ft
Year built
2000
Lot size
9,583 sq ft
HOA fee
$5,166
Annual tax
—

About this property

Discover the rare lifestyle you've been waiting for in Southport on the Bay—an exclusive, double-gated waterfront enclave located just 15 minutes north of Naples. This recently renovated residence offers the best of both worlds: close Gulf proximity and direct Bay frontage, with effortless access for beach days and boating adventures. Enjoy deeded beach access within a short walk, plus direct boating from your home via private boat lifts with no fixed bridges to the Gulf. Set on a private homesite with open Bay views and southwestern rear exposure, you'll enjoy abundant natural light and stunning sunset scenery over the water. This move-in-ready home features a new dock with dock poles and two electric boat lifts, a newly installed sprinkler system, newly sodded lawn, and $150K+ in new landscaping and landscape lighting. The extensive interior updates include new kitchen cabinets and quartz countertops, new appliances and updated finishes, and newly added elevator. Additional improvements include updated pool with new surfacing, natural stone pool decking, electric pool heater, and new patio/pavers leading down to the dock. Other recent updates include a new washer and dryer, new HVAC on the ground floor, newly added fence around the pool, fresh interior and exterior paint (about 2 years ago), and all pavers power washed and sealed. Please see the "Documents" section for the complete list of upgrades and improvements.

Property location

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98 Southport Cove, Bonita Springs, FL 34134

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Facts & features

Interior

Bedrooms
4
Bathrooms
3
Living area
3,819 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2000
Lot size
9,583 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$5,166
County
Collier
MLS listing ID
B26032177
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$17,816

Cap rate
0.7%
Net yield
0.7%
Cash-on-cash return
-18.0%
Gross yield
5.2%
Mortgage payment
$20,147/mo
Down payment
$1,062,500
Loan amount
$3,187,500
Annual NOI
$27,978

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.