27307 Tennessee StreetBonita Springs, FL 34135Price: $649,900

Selling a distressed property far below its finished value, calling all investors, designers, and homeowners with vision! On sought-after Tennessee Street, known for its mature trees, gentle curves and peaceful end at the Imperial River, this courtyard pool home offers exceptional potential in one of the desirable neighborhoods in Bonita Springs. Just minutes from downtown attractions like the Sugar Shack, downtown rooftop bar, Riverside Park and Depot Park, and with no HOA fees, this is a rare opportunity to own a piece of old Florida charm close to dining, entertainment and the beach. The home sustained fire damage, primarily to the back porch and a portion of the roof but remains a solid concrete block structure. A standout feature is the detached, fully livable cabana suite-complete with its entrance, living area, kitchenette, full bath and dedicated air conditioning, offering the ability to live on-site during renovations or generate potential rental income. Inside the main residence, two bedrooms open to the private courtyard through French doors, as does the cabana suite, creating a seamless connection between all three bedrooms and the serene outdoor setting. The screen-enclosed pool with a peaceful waterfall feature offers a tranquil focal point, while the open-concept kitchen includes granite countertops and a spacious breakfast bar. With three full baths and a flexible layout, this home provides endless possibilities for redesign. The backyard features a private dock and fire pit, further elevating the outdoor lifestyle. Nestled along a quiet canal with Gulf access via the Imperial River, this property is a rare find for those looking to add value in a highly desirable waterfront location. Whether used as an investment, vacation getaway, or full-time residence, this is an exceptional opportunity in Bonita Springs. All reasonable offers will be considered.