27601 Matheson Ave., Bonita Springs, FL 34135

Just 5 blocks from the $18 Million Dollar renovations in Downtown Bonita Springs, this historic "Bonita Bungalow" is a rare investment opportunity with major potential. The home sits on nearly a quarter acre, corner lot in an up-and-coming neighborhood. Currently, there are a number of proposals to transform the Downtown area even further with shopping and dining similar to that of 3rd Street South in Naples. The current owner rented the property as-is for $1300/Month. With a little TLC, this home would immediately rent for higher and would be worth substantially more after the Downtown revitalization is complete. The roof is brand new, as well as the patio screens. This great central location is just 5 minutes from I-75, making it possible to get to Fort Myers or Naples in just 15 minutes.