Projects
Bonita Breeze Car Condo Club
Project facts
- Status
- Completed
- Address
- 27900 Bonita Breeze Way
- City
- Bonita Springs, Florida
- Region
- Southwest Florida
- Submarket
- Naples; Bonita Springs
- Units
- 25
- Amenity tier
- Standard
- Key amenities
- Private Bathrooms, Vehicle Lift Capability, Climate Control, Mezzanine Capabilities, Wash Bays & RV Stations, Video Surveillance
- Construction
- Block
- Finish level
- High-Quality
- Year built
- 2020
- Flood zone
- X
Market value summary
- # of Sales (T-36)
- 3
- Avg Sale Price (T-36)
- $594 / SF
- Avg Sale Price (T-36)
- $515,000
- Avg Market Value
- $519 / SF
- Avg Market Value
- $457,000
Location Summary
West Bonita Springs / Naples; Bonita Springs Overview
27900 Bonita Breeze Way sits on the narrow band of high-value coastal Lee County between the Imperial River and the Gulf of Mexico, at the western end of the Naples to Bonita Springs corridor. The public shoreline is less than 2 miles west, where Lee County operates Bonita Beach Park, Little Hickory Island Beach Park and ten numbered beach access points. Old 41 and the historic Imperial River core lie about 2 miles east, and Bonita Beach Road carries the site out to Interstate 75 at exit 116 in roughly 6 miles, placing the Naples to Fort Myers coastal corridor inside a 35 minute drive.
Two inherited facts frame the demand backdrop. Florida again led all states in net income in-migration, gaining about $20.6 billion in adjusted gross income in the latest IRS filing year and $137.0 billion cumulatively from 2019 to 2023, with the absence of any individual income tax as the structural draw. Within Southwest Florida, Naples; Bonita Springs is the priciest submarket the platform tracks, at a $560 per square foot trailing twelve month median against $263 in Fort Myers and Cape Coral, on 35 trailing twelve month closings and a 13.1 percent five year annualized gain.
The immediate trade area is a mature, deeply capitalized seasonal market rather than a growth frontier: an older, largely retired ownership base, home values well above the regional norm and a seasonal housing share above 30 percent. Those owners leave vehicles behind for months at a time and expect enclosed, climate-controlled, hurricane-rated space rather than a carport. The insurance overhang that had suppressed transaction velocity has also eased, with state-backed Citizens filing an 8.7 percent average statewide rate decrease in early 2026 and 18 new private carriers entering since the 2022 to 2023 reforms.
Current Events & Infrastructure
- Elevate Southwest Florida: A $140 million, roughly 20-acre sports and wellness destination is under construction on the former Naples-Fort Myers Greyhound Track site on Bonita Beach Road east of Old 41, about 4 miles east of the subject. Phase one delivers beach volleyball, pickleball and basketball courts plus grass fields, with an indoor sports complex, fitness and recovery studios, trails, a food park and a dog park through a targeted 2030 completion. It makes Bonita Beach Road a permanent, year-round activity spine at this site's doorstep.
- Bonita Beach Road light industrial pricing: A 9,800 square foot industrial building at 28411 Race Track Road, about 4 miles east, traded for $2.55 million in April 2026, roughly $260 per square foot of building area, per Lee County transaction records. The print sets a hard floor under enclosed industrial building value in west Bonita, where little unencumbered light industrial land remains west of the interstate.
Key Demand Drivers
West Bonita is delivering high-priced residential and resort product on constrained coastal parcels, where garaging is typically one or two spaces per residence and association rules bar outdoor vehicle, trailer and boat parking. That gap between what owners buy and where they can legally keep it is the demand engine for enclosed private suites at this address.
- Saltleaf on Estero Bay: London Bay Communities' roughly 500-acre waterfront village on Coconut Road, about 4 miles north, holds nearly a mile of Estero Bay frontage. Saltleaf Marina opened to the public in June 2026 with 72 slips, 10 reserved for transient use. The Ritz-Carlton Residences, Estero Bay start in the $3 millions, with the South Tower nearly sold out and open and the North Tower selling, beside the 18-hole Saltleaf Golf Preserve designed by Raymond Floyd.
- Midtown at Bonita: The Zuckerman Group's 68-acre mixed-use development on Bonita Beach Road east of I-75, about 6 miles east, is under construction with 400 apartments, 200,000 square feet of retail and office and a 165-room hotel. TJ Maxx, Ulta, Chipotle and Panera have signed alongside five more recent leases, with first openings targeted for year-end 2026.
- Coconut Point: An open-air center with more than 110 stores about 8 miles north at I-75 exit 123, anchored by Nordstrom Rack, Dillard's, Barnes & Noble, Super Target, Apple and PGA Tour Superstore, and roughly 15 minutes from the region's international gateway.
- Bonita Beach public shoreline: Bonita Beach Park, Little Hickory Island Beach Park and ten numbered Lee County accesses sit within about 2 miles west, served by a dedicated beach park-and-ride trolley. Beach-proximate residences in this band are the most parking-constrained housing stock in the submarket.
Location Highlights
- Submarket Position: Naples; Bonita Springs commands the region's highest pricing at a $560 per square foot trailing twelve month median, more than double Fort Myers and Cape Coral, on 35 trailing twelve month closings.
- Enthusiast and Collector Culture: An organized, year-round collector base, with the warm, dry November to April high season concentrating the boat show and concours calendar into the months seasonal owners are in residence.
- Infrastructure and Recreation: A $140 million sports campus 4 miles east, a 72-slip public marina 4 miles north, and ten county beach accesses within 2 miles west.
- Digital Infrastructure: A roughly 20,000 square foot international submarine fiber-optic cable landing and relay station connecting Florida to South America began site clearing about 2 miles east at Imperial River Road and Bonita Beach Road in June 2026.
- Tax and Quality of Life: No state individual income tax, with $20.6 billion in net AGI in-migration to Florida in the latest IRS filing year.
- High Net Worth Concentration: 3,317 households earn $200,000 or more within 3 miles of the site, 6,774 within 5 miles and 11,519 within 7 miles, against median home values of $624,107, $613,064 and $661,276.
Area Demographics (ACS 2024)
5-Mile Profile: Population 57,550 | Median HH Income $107,219 | HH Earning $150K+ 34.7% | Median Age 65.1 | Age 55+ 67.7% | Seasonal Units 30.5% | Households with 3+ Vehicles 9.6%
Wealth Index: 7.9 / 10 (SCK portfolio-relative)
Unit values
| Unit | Size | Market value | $ / SF |
|---|---|---|---|
| Unit 101 | 880 SF | $455,000 | $517 / SF |
| Unit 102 | 880 SF | $455,000 | $517 / SF |
| Unit 103 | 880 SF | $455,000 | $517 / SF |
| Unit 104 | 880 SF | $455,000 | $517 / SF |
| Unit 105 | 880 SF | $455,000 | $517 / SF |
| Unit 106 | 880 SF | $455,000 | $517 / SF |
| Unit 201 | 956 SF | $548,000 | $573 / SF |
| Unit 202 | 860 SF | $446,000 | $519 / SF |
| Unit 203 | 860 SF | $446,000 | $519 / SF |
| Unit 204 | 860 SF | $446,000 | $519 / SF |
| Unit 205 | 860 SF | $446,000 | $519 / SF |
| Unit 206 | 860 SF | $446,000 | $519 / SF |
| Unit 301 | 880 SF | $455,000 | $517 / SF |
| Unit 302 | 880 SF | $455,000 | $517 / SF |
| Unit 303 | 880 SF | $455,000 | $517 / SF |
| Unit 304 | 880 SF | $455,000 | $517 / SF |
| Unit 401 | 880 SF | $455,000 | $517 / SF |
| Unit 402 | 880 SF | $455,000 | $517 / SF |
| Unit 403 | 880 SF | $455,000 | $517 / SF |
| Unit 404 | 880 SF | $455,000 | $517 / SF |
| Unit 405 | 880 SF | $455,000 | $517 / SF |
| Unit 406 | 880 SF | $455,000 | $517 / SF |
| Unit 407 | 880 SF | $455,000 | $517 / SF |
| Unit 408 | 880 SF | $455,000 | $517 / SF |
| Unit 409 | 880 SF | $455,000 | $517 / SF |