10705 Blue Bimini Circle
About This Property
Inside, this mint-condition home is filled with natural light thanks to its desirable south-facing and western exposure, creating a bright, elegant, and welcoming atmosphere throughout. The flowing floor plan is ideal for everyday living and entertaining, with a beautiful dining area, updated light fixtures and fans throughout, and a tranquil west-facing backyard that offers a peaceful setting to relax and enjoy Florida sunsets. A lovely patio overlooking the courtyard adds even more charm and easy outdoor enjoyment.
Thoughtful updates give buyers real peace of mind, including all new flooring throughout, updated paint, a new roof in 2022, updated HVAC, hot water heater, electric panel, new Samsung appliances, LG refrigerator, cabinetry, farmhouse sink, and included washer and dryer. This is the kind of home buyers love to find because the work has already been done. It feels fresh, polished, exceptionally cared for, and truly move-in ready with no flooding ever reported. In other words, this is not a project house or a future money pit, but a smart and comfortable choice where you can simply move in and enjoy.
Island Club at Corkscrew offers an amenity-rich lifestyle in a gated setting designed for comfort, connection, and recreation. Residents enjoy a clubhouse, pool and spa, pickleball, tennis, bocce, shuffleboard, library, fitness center, community gathering spaces, and scenic views overlooking a beautiful 23-acre lake. The location is outstanding, just minutes to I-75, RSW International Airport, FGCU, shopping, dining, and popular local spots, making it ideal for families starting out, young professionals, retirees, seasonal residents, or anyone wanting a well-cared-for home in an amazing Estero location.
Quarterly HOA fees are $820, and the community allows 4 leases per year with a 90-day minimum, offering flexibility for owners and investors alike.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 27, 2026 | Sold | ||
| Sold | |||
| Apr 30, 2026 | In contract | - | |
| In contract | |||
| Apr 22, 2026 | Price Decreased |
$314,900
↓ $4K
(1.3%) | |
| Price Decreased | |||
| Apr 7, 2026 | Listed by Coldwell Banker Realty | $319,000 | |
| Listed by Coldwell Banker Realty | |||
| Oct 14, 2021 | No longer available | - | |
| No longer available | |||
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About Estero
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017