Exceptional opportunity to own a large Gulf-access parcel in the desirable Bonita Springs area with direct access to the Gulf via the Imperial River. Situated on approximately 1.75 acres, this property offers significant potential for renovation, investment, or redevelopment. The property is zoned for up to 10 units and currently includes 8 rental units that are actively rented Short term, providing an established short-term rental opportunity. Purple building was built in 2024. Other structures buildings were renovated in 2024 as well. All units are fully furnished and ready to rent. This property did flood during Hurricane Ian and Milton. The property located 27580 Sherry Lane, Bonita Springs, Fl 34134 could also be available for additional water frontage for an additional $800,000 Additional improvements include a storage building and an additional shed for extra storage. The dock was recently refreshed, enhancing the property's waterfront appeal and usability. Conveniently located near Bonita Beach, Barefoot Beach, Coconut Point Mall, shopping, dining, and US-41, this property combines waterfront potential with excellent access to Southwest Florida’s top amenities. Direct Gulf access via the Imperial River and only minutes to the Gulf of Mexico, plus just a short drive to Bonita Beach and Barefoot Beach.