10670 Childers ST, Bonita Springs, FL, 34135 | $1,990,000

Invest in the Heart of Old Bonita Springs. Sellers has plans & renderings which are included. Plans are for Three 3 story buildings designed by MHK Architecture that have 6 units in each totaling 18 units for this project. * Zoning allows property to be changed to a six 2-unit multifamily duplex homes. Seize this fantastic investment opportunity to acquire a highly sought-after multifamily lot located right in the vibrant, historic heart of downtown Old Bonita Springs. This is more than just a piece of land; it is a gateway to capitalizing on the area's explosive growth and active redevelopment. Positioned strategically, the lot is perfectly situated to benefit from the ongoing revitalization efforts transforming the neighborhood into one of the region's most desirable locales. With a consistent demand for high-quality rental properties in this area, developing this land into a multifamily residence offers the potential for significant passive income and impressive appreciation as the downtown core continues its upward trajectory.
The location of this lot is truly unbeatable for attracting both future residents and maximizing rental income. Your tenants will enjoy the unparalleled convenience of being just a couple of short blocks from the center of town, providing walkable access to a thriving social scene. Imagine them strolling to popular local restaurants, charming cafes, gourmet coffee shops, and the beautiful Riverside Park, which hosts numerous community events. This proximity to amenities defines a premium lifestyle, making the area a fantastic rental market. Don't miss your chance to secure a prime asset in a central location that is poised for substantial growth in the years to come.

Features

  • Zoning: TFC2
  • Frontage: 200
  • Lot Desc: Oversize
  • View: None/Other
  • Community Type: No Subdivision
  • MLS#: 225082044
  • Website: https://www.raveis.com
    /prop/225082044/10670childersst_bonitasprings_fl?source=qrflyer
Copyright © 2026  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of Premiere Plus Realty Co.

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

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10670 Childers ST, Bonita Springs, FL, 34135

$1,990,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,592,000 $1,592,000 $1,592,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.117% 5.972% 5.846%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,915 $9,417 $13,114
Total Monthly Payment $9,040 $9,542 $13,239

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.