About this home
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.
Listing last checked: Listing updated:
Listed by Lyubov Zagorodniy · Berkshire Hathaway FL Realty · MLS #226029382
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Details at a glance
Interior4 property facts
- Rooms
- 0
- Heating
- Central, Electric
- Cooling
- Central Air, Ceiling Fan(s), Electric
- Flooring
- Tile
Building4 property facts
- Style
- Single Family Residence
- Year built
- 1954
- Garage
- 1
- Roof
- Shingle
Land & utilities3 property facts
- Lot size
- 0.258 acres
- Water
- Public
- Sewer
- Public Sewer
Financial3 property facts
- Annual taxes
- $2,989
- Assessment year
- 2025
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $389,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$2,216 / monthAdjust
- Principal & interest
- $1,967
- Property tax
- $249
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $2,989. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.
Partial estimate: add insurance to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- New
$2,250 · May 12, 2026
- Sld
$299,000 · Sold $300,000 · Mar 17, 2022
- Sld
$174,900 · Sold $170,000 · Jan 8, 2020
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About 11355 Ridge Road
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