$135,000
1 Bed Condominium for Sale in Sanctuary
8687 River Homes Lane 4107, Bonita Springs, FL, 34135
About this home
Fantastic opportunity for an investor or second-home buyer looking to secure a Bonita Springs property with rental income already in place. This first-floor 1-bedroom, 1-bath condo offers easy Florida living in a convenient location between vibrant, up-and-coming Downtown Bonita Springs and the beautiful beaches of Bonita Beach. Inside, tile flooring runs throughout. The A/C, WATER HEATER, WASHER & DRYER, and KITCHEN APPLIANCES are all relatively NEW. The bathroom has been nicely updated with a new vanity and tiled shower. The community offers plenty of ways to enjoy the Florida lifestyle, including a pool, hot tub, fitness center, lounge, catering kitchen, BBQ area, and tennis/pickleball court. With a tenant in place through May 2027, the property offers an immediate investment opportunity while giving a future owner plenty of flexibility once the current lease ends. Enjoy the restaurants, shops, entertainment, and growing energy of Downtown Bonita Springs, with the Gulf beaches just minutes away. A great way to own a low-maintenance piece of Southwest Florida while letting the property generate income in the meantime.
Property details
- Type
- Condominium
- Year built
- 2001
- Interior
- 602 sqft
- Lot size
- 7,967.124 sqft
- Acreage
- 0.18 acres
- Garage
- None
- Days on market
- 0
- Total association fees
- $7,360/yr (~$613/mo)
- CDD
- None
- Est. taxes (1.4%)
- $1,890/yr
- Flood zone (area est.)
- Yes · High risk (VE)
- Storm protection
- None listed
- Exposure
- Northwest
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Call, Conditional
- County
- Lee
Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges, mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees, which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.
Based on the $/sqft of 3 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 8687 River Homes Lane 4202 | Sep 2025 | $140,000 | 1/1 | 602 | $233 |
| 8617 River Homes Lane 3307 | Apr 2026 | $150,000 | 1/1 | 645 | $233 |
| 8617 River Homes Lane 3107 | Jun 2026 | $165,000 | 1/1 | 645 | $256 |
| Average | 3 comps | $151,667 | $241 |
Market trends, Bonita Springs
Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.
Live area medians from the MLS · see all listings. Indicative, not an appraisal.
The good, the trade-offs & the location
- Built 2001 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (VE) — flood insurance likely required
- No garage listed
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.