Developer Sales
Bonita Motor Vault
Project facts
- Status
- Pre-Development
- Address
- 25431 Bernwood Drive
- City
- Bonita Springs, Florida
- Region
- Southwest Florida
- Submarket
- Naples; Bonita Springs
- Units
- 58
- Average unit size
- 1,482 SF
- Amenity tier
- Standard
- Key amenities
- Mezzanine Capabilities, Climate Control, 18'+ Clear Heights, 14'+ Roll-Up Doors, Vehicle Lift Capability, Private Bathrooms, Gated Access & Security
- Construction
- Block
- Finish level
- Luxury
- Projected delivery
- 2027
- Flood zone
- X
Location Summary
Bonita Springs Overview
Bonita Motor Vault sits at 25431 Bernwood Drive inside the Bernwood Park of Commerce, a stabilized business park set immediately off Bonita Beach Road at I-75 Exit 116, in the northern reach of Lee County directly on the Naples to Bonita Springs wealth corridor. The immediate trade area is among the most affluent and most seasonal in Southwest Florida: within five miles, 65.3 percent of residents are 55 or older, the median age is 63.6, and 31.0 percent of housing units are seasonal, a profile of established, discretionary-spending households that summer elsewhere and winter here.
Florida carries no state income tax and leads all states in wealth in-migration, and the Naples to Bonita Springs corridor is the wealth capital of the region. That inherited advantage shows up locally in pricing power and in the depth of the qualified buyer pool near the site.
Access is a core strength. The Exit 116 interchange places the site one turn from I-75, and Southwest Florida International Airport (RSW) is roughly 15 miles, or about 20 minutes, north via the interstate, putting national and private aviation within an easy reach for owners arriving for the season.
Current Events & Infrastructure
- Coconut Point refresh and residential intensification: Simon Property Group has begun a two-year aesthetic refresh of its 1.2 million square foot open-air center, and a separate plan advanced at the Village of Estero Planning, Zoning and Design Board in January 2026 would convert the former theater into a 365-unit residential building, deepening year-round demand roughly 8 miles north.
- Riverside Park reconstruction: The City of Bonita Springs approved a full rebuild of its downtown Riverside Park in September 2024; the next construction phase began April 2026 with completion targeted for winter 2026, anchoring the Old 41 revitalization about 4 miles southwest of the site.
Key Demand Drivers
The site draws from a compact, high-income, heavily seasonal catchment where the named anchors below are all within a short drive, supporting both weekday convenience and weekend lifestyle use for an owner base that values proximity to the water, the airport, and regional entertainment.
- Coconut Point, Estero (about 8 miles, roughly 12 minutes north): Simon's open-air regional center opened in 2006 with more than 120 stores across 1.2 million square feet and is now in a two-year reinvestment cycle, the dominant upscale shopping and dining node north of the site.
- Hertz Arena, Estero (about 8 miles, roughly 10 minutes north): The 7,000-plus seat arena is home to the Florida Everblades, who won three consecutive ECHL Kelly Cup championships from 2022 to 2024, the region's primary indoor sports and concert venue.
- Old 41 and Riverside Park, downtown Bonita Springs (about 4 miles southwest): The city's walkable historic core is mid-transformation, with a rebuilt Riverside Park approved in September 2024 and completion targeted for winter 2026 driving new restaurant and event activity.
- Barefoot Beach Preserve (about 6 miles west): This 342-acre barrier-island preserve, repeatedly ranked among the nation's finest Gulf beaches, gives owners a premier waterfront amenity minutes from an inland, secure enclosure.
- Southwest Florida International Airport, RSW (about 15 miles, 20 minutes north): One of the busiest airports in Florida, RSW provides the national and charter connectivity that a seasonal, second-home ownership pattern depends on.
Location Highlights
- MSA Position: The site anchors the Lee County side of the Naples to Bonita Springs corridor at Exit 116, capturing traffic between the Bonita and Estero submarkets while remaining inside the region's most affluent trade area.
- Enthusiast / Collector Culture: The corridor supports an active exotic and collector-vehicle community, and the Hertz Arena and Coconut Point event calendars sustain year-round demand for a curated place to keep and show prized machines.
- Infrastructure & Recreation: Direct I-75 access, a 20-minute airport drive, Gulf beaches at Barefoot and Bonita, and a reviving Old 41 district combine convenience with lifestyle within a tight radius.
- Market-Specific Factor: A seasonal, second-home base of owners who leave for months at a time places a premium on museum-grade enclosed space that is climate-controlled and hurricane-resilient, protecting high-value assets during the summer storm season when owners are away.
- Tax & Quality of Life: Florida's absence of a state income tax, paired with beach, golf, and boating access, continues to pull affluent, best-capitalized households into the corridor.
- High Net Worth Concentration: The demand base is dense and proven. Roughly 2,810 households earning $200,000 or more sit within three miles of the site, rising to 6,152 within five miles and 9,992 within seven miles, against median home values near $590,940 at the three-mile ring.
Area Demographics (ACS 2024)
5-Mile Profile: Population 59,611 | Median HH Income $105,226 | HH Earning $150K+ 32.6% | Median Age 63.6 | Age 55+ 65.3% | Seasonal Units 31.0% | Households with 3+ Vehicles 10.1% | YoY Population Growth not reported (ACS 2024)
Wealth Index: 7.6 / 10 (SCK portfolio-relative)
Unit values
| Unit | Size | Market value | $ / SF |
|---|---|---|---|
| Unit 101 | 1,425 SF | $807,000 | $567 / SF |
| Unit 102 | 1,325 SF | $777,000 | $586 / SF |
| Unit 103 | 1,375 SF | $798,000 | $580 / SF |
| Unit 104 | 1,375 SF | $798,000 | $580 / SF |
| Unit 105 | 1,199 SF | $721,000 | $602 / SF |
| Unit 106 | 975 SF | $613,000 | $629 / SF |
| Unit 107 | 1,125 SF | $687,000 | $610 / SF |
| Unit 108 | 1,125 SF | $687,000 | $610 / SF |
| Unit 109 | 1,125 SF | $687,000 | $610 / SF |
| Unit 110 | 1,125 SF | $687,000 | $610 / SF |
| Unit 111 | 975 SF | $613,000 | $629 / SF |
| Unit 112 | 1,025 SF | $638,000 | $623 / SF |
| Unit 113 | 1,025 SF | $638,000 | $623 / SF |
| Unit 114 | 1,125 SF | $687,000 | $610 / SF |
| Unit 115 | 1,125 SF | $687,000 | $610 / SF |
| Unit 116 | 1,125 SF | $687,000 | $610 / SF |
| Unit 117 | 1,125 SF | $687,000 | $610 / SF |
| Unit 118 | 975 SF | $613,000 | $629 / SF |
| Unit 119 | 1,125 SF | $687,000 | $610 / SF |
| Unit 120 | 1,125 SF | $687,000 | $610 / SF |
| Unit 121 | 1,125 SF | $687,000 | $610 / SF |
| Unit 122 | 1,125 SF | $687,000 | $610 / SF |
| Unit 123 | 975 SF | $613,000 | $629 / SF |
| Unit 124 | 1,125 SF | $687,000 | $610 / SF |
| Unit 125 | 1,175 SF | $710,000 | $604 / SF |
| Unit 126 | 1,175 SF | $710,000 | $604 / SF |
| Unit 127 | 975 SF | $613,000 | $629 / SF |
| Unit 128 | 1,125 SF | $687,000 | $610 / SF |
| Unit 129 | 1,125 SF | $687,000 | $610 / SF |
| Unit 130 | 1,125 SF | $687,000 | $610 / SF |
| Unit 131 | 1,125 SF | $687,000 | $610 / SF |
| Unit 132 | 1,125 SF | $687,000 | $610 / SF |
| Unit 133 | 1,125 SF | $687,000 | $610 / SF |
| Unit 134 | 1,125 SF | $687,000 | $610 / SF |
| Unit 135 | 1,125 SF | $687,000 | $610 / SF |
| Unit 136 | 975 SF | $613,000 | $629 / SF |
| Unit 137 | 1,125 SF | $687,000 | $610 / SF |
| Unit 138 | 1,125 SF | $687,000 | $610 / SF |
| Unit 139 | 1,125 SF | $687,000 | $610 / SF |
| Unit 140 | 1,125 SF | $687,000 | $610 / SF |
| Unit 141 | 900 SF | $482,000 | $535 / SF |
| Unit 142 | 900 SF | $482,000 | $535 / SF |
| Unit 143 | 1,000 SF | $626,000 | $626 / SF |
| Unit 144 | 1,000 SF | $626,000 | $626 / SF |
| Unit 145 | 1,000 SF | $626,000 | $626 / SF |
| Unit 146 | 1,272 SF | $754,000 | $593 / SF |
| Unit 147 | 1,125 SF | $687,000 | $610 / SF |
| Unit 148 | 1,125 SF | $687,000 | $610 / SF |
| Unit 149 | 1,075 SF | $663,000 | $617 / SF |
| Unit 150 | 1,075 SF | $663,000 | $617 / SF |
| Unit 151 | 1,125 SF | $687,000 | $610 / SF |
| Unit 152 | 1,125 SF | $687,000 | $610 / SF |
| Unit 153 | 1,250 SF | $744,000 | $595 / SF |
| Unit 154 | 1,250 SF | $744,000 | $595 / SF |
| Unit 155 | 1,200 SF | $722,000 | $601 / SF |
| Unit 156 | 1,200 SF | $722,000 | $601 / SF |
| Unit 157 | 1,250 SF | $744,000 | $595 / SF |
| Unit 158 | 1,750 SF | $938,000 | $536 / SF |