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Pine Island Center 33922 Pine Island Center
10695 Stringfellow Road
$150,000
● Land - Off Market

10695 Stringfellow Road

BOKEELIA, FL 33922
bedrooms
Studio
bathrooms
0 Bath
$1,464
Est. Monthly
5.11%
Cap Rate

About This Property

WOW, 1 acre of commercial lot in this sleepy town of Bokeelia, resided inside of the island called "PINE ISLAND". Located just 250 ft north from the main intersection of Pine Island Road & Stringfellow. It is 1 way in, 1 way out, what a Location. With all the big developments planned across the bridge in Cape Coral, this island is position to explode very soon. World class fishing around the island, serene view of sunrise and sunset, one of the hidden gem in Southwest Florida. 2 minutes away from the proposed Vietnamese Village, 5 minutes away to the boat ramps on the island. Unlimited building potential. Purchase now while price is low, then build your commercial building later.
Unit Size
-
Days on Market
176 days
Land Size
0.93 acres
Price per sqft
-
Property Type
Land
Property Taxes
$40
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (SWFLMLS #224014717)

Price History

Date / Event Date Event Price
Aug 7, 2024 Sold
Premium
Sold
Feb 13, 2024 Listed by Jones & Co Realty $290,000
Listed by Jones & Co Realty
Dec 9, 2019 Sold
Premium
Sold
Apr 3, 2019 No longer available -
No longer available
Jan 13, 2019 Price Decreased $135,000
↓ $15K (10%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,106
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: PINE ISLAND
  • Land Acres: 0000000232
  • Standard Land Use Code: 8002
  • County Land Use Code: 10
  • State Land Use Code: 010
  • Legal Description 1: PINE ISLAND CENTER UNIT 4 BLK B PB 10 PG 18 LOT 5

Neighborhood

  • School District Name: Lee County School District
  • Census Tract: 070102

Zoning

  • Zoning: C-1

Geography

  • Assessors Map Reference: 7C
  • Account Number: 10015624
  • Subdivision Tract Number: 03
  • Parcel: 28-44-22-03-0000B.0050
  • Block: B
  • Lot: 5
  • Meridian: SEC 28 TWN 44S RNG 22E
  • Municipality: MATLACHA-PINE ISLAND FIRE DIST
  • Latitude: 26.6163
  • Longitude: -82.1191

    Address

  • Full Address: 10695 Stringfellow Rd
  • Legal Unit: 4
  • Address - House Number: 10695
  • Address - Street Name: Stringfellow
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Bokeelia
  • Zip Code: 33922

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $47,931
  • Tax Rate Code Area: 007

    Market Valuation

  • Market Total Value: $35,270
  • Market Land Value: $35,270

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,571

    Sales

  • Current Sale Contract Date: Oct 18, 2019
  • Current Sale Recording Date: Dec 09, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 61
  • Current Sale Input Document Number: 2019000280857
  • Previous Sale Recording Date: Nov 13, 2019
  • Previous Sale Contract Date: Oct 18, 2019
  • Previous Sale Amount: $29,375
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Pine Island Center

Stats & Trends

Median Asking:

$332,000

Sale Price/ft²

$202

Below Asking

0.03%

Average Days on Market

155

Average Home Size

1577 ft²

Average Home Age

38.1 years

Currently For Sale

9 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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SWFLMLS

Listed by: Therese Nguyen, Jones & Co Realty
Last Updated: 3 years ago
Data Source: SWFLMLS, MLS# 224014717
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2026 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 10695 Stringfellow Road built and last sold?
The property at 10695 Stringfellow Road was built in and last sold on Oct 18, 2019 for $29,375.
How much is this home worth?
The estimated value of the home located at 10695 Stringfellow Road is $0.
What are some comparable homes to 10695 Stringfellow Road?
There are currently no comparable homes to 10695 Stringfellow Road.
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