About this home
Rare opportunity to own a fully occupied waterfront triplex offering exceptional income potential and direct Gulf access with no bridges. All three units are currently rented, making this an attractive option for investors looking for immediate rental income in a highly desirable Southwest Florida location. The property features two recently renovated lower-level units with updated interiors, modern finishes, refreshed kitchens and living spaces, and a bright coastal feel. A new roof was installed in 2024, adding even more value and peace of mind. Boaters will appreciate the property's outstanding waterfront setting, featuring a large covered dock with multiple slips and direct, bridge-free access to the Gulf. The spacious waterfront yard and patio areas provide plenty of room to relax, entertain, or enjoy the Florida lifestyle right from home. Conveniently located close to Bonita Beach, shopping, dining, and everything Southwest Florida has to offer, this unique triplex combines waterfront living, boating access, and established rental income in one incredible property. Whether you're looking to expand your investment portfolio or secure a waterfront property with multiple income-producing units, this is a property you won't want to miss.
Listing last checked: Listing updated:
Listed by Jose Echevarria · KW Florida Living · MLS #2026034527
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Details at a glance
Interior3 property facts
- Heating
- Central, Electric
- Cooling
- Central Air, Ceiling Fan(s), Electric
- Flooring
- Vinyl
Building3 property facts
- Style
- Triplex
- Year built
- 1963
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 0.207 acres
- Water
- Public
- Sewer
- Public Sewer
- Waterfront
- Y
Financial3 property facts
- Annual taxes
- $10,383
- Assessment year
- 2025
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $999,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$5,917 / monthAdjust
- Principal & interest
- $5,051
- Property tax
- $865
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $10,383. 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
- Sld
$995,000 · Sold $975,000 · Jun 9, 2025
- Sld
$775,000 · Sold $760,000 · Oct 5, 2023
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About 4851 Gary Road
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