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Key Details
Sold Price $2,000,000
Property Type Single Family Home
Sub Type Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,092 sqft
Price per Sqft $646
Subdivision Fa Lanes Bayview
MLS Listing ID 2240286
Sold Date 09/05/24
Bedrooms 6
Full Baths 6
HOA Y/N No
Year Built 2001
Annual Tax Amount $28,917
Tax Year 2022
Lot Size 9,147 Sqft
Property Description
For anyone looking for a project offering the opportunity to build instant equity, this home is listed for over $1.5M++ below recent sales of Andy Rosse courtyard homes which sold as high as $4.5M (without impact windows/doors and still in need of remodeling.) Being sold mid-construction with no construction contract that needs to be honored, the home is being offered in AS-IS condition. The exterior and roof have been wrapped in waterproofing underlayment since Hurricane Ian. The current owner replaced the exterior doors and windows with hurricane rated windows and sliders. Located on arguably the premier street in the Captiva Village, this home's design was one of the most popular of the courtyard style homes built by the developer, because it offered the largest guest house, and had the main house set back from the street offering for privacy. The home's construction is concrete pilings and concrete block walls throughout the ground floor. Home features include a pool with spa, attached 2-bedroom guest house, in-home elevator, and convenient location just a few parcels from the beach or shopping. Once completed rental estimates project this home could earn $300K+/- annually.
Location
State FL
County Lee County
Location Details Near Beach
Interior
Heating See Remarks
Cooling See Remarks
Flooring See Remarks
Fireplace No
Exterior
Pool Below Ground, Hot Tub, See Remarks
Waterfront Description No
View Lawn/Garden
Roof Type See Remarks
Private Pool Yes
Building
Lot Description Dead End
Sewer Septic
Water City
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Bought with Jeff Burns • Premier Sotheby's Int'l Realty