Welcome to palm vista: a riverfront, old florida estate nestled privately in the middle of the most charming and up and coming downtown. Investor alert!! This home plus guest house could produce an impressive 17% +/ cap rate on a short term rental program. Step inside this perfectly preserved piece of history and feel like you have stepped back in time. This wood framed style home was built in 1944 using rock solid old florida pine, a species of pine that is so dense that it could be mistaken for concrete when trying to drive a nail into it. Its dense nature makes it incredibly strong and resistant to both insect damage and decay. Enter in through the air conditioned florida room. Original windows with wooden, scalloped valences let light pour in and frame the lush landscaping around the property. Follow the golden oak floors to a beautiful brick fireplace with original wrought iron vents and beautiful pine mantel. Take a peek into the renovated kitchen that has preserved its historic charm while adding modern appliances and more storage. Climb the pine accented steps to explore each level of this stunning, five story home. The first level features a beautiful landing with built in bookshelf, two sunlit bedrooms with cedar closets, and an updated full bathroom. A skylight provides natural light throughout the day and an original, working light fixture provides ambient lighting in the evenings. Another flight of stairs leads to the owners level, boasting a large bedroom, a full bathroom, and another landing. The second landings built in bookshelf and large window creates the perfect setting for a cozy reading nook or intimate sitting area. One final ascent leads you to a spacious, cedar attic bedroom with ample storage. Step outside and continue to explore a property as impressive as the home that sits on in. This 1. 07 acre lot is surrounded by 179 ft of imperial river frontage and 287 ft of leitner creek frontage, creating a private peninsula with 180 of water views. Mature oak, mango, & starfruit & traveler palm trees enhance privacy and the tropical, old florida feel. This private oasis is complete with an oversized swimming pool and lanai, boat launch, riverfront fire pit, and plenty of room to roam. A 532 ft. , permitted additional dwelling unit creates a comfortable stay for guests, an opportunity for rental income, a tranquil place for a private home office or an inspiring studio. The title absctract of this property outlines a long history of savvy real estate investors. As new attractions began to pop up in the 1900s, tourism increased and bonita springs experienced a major boom. Now, amidst bonitas second renaissance, comes a once in a lifetime opportunity to reap the benefits of an up and coming downtown, while preserving a rare, rich and beautiful slice of history. Do not look back one day on what could have been. For more information, see the attached supplements and virtual tour links.