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Property Description

Sellers are ready for their next adventure, so bring your offer! This PRICED TO SELL home WITH TONS OF POTENTIAL is ready for updates to make it your own slice of paradise. Located on a RARE CORNER CANAL lot in SW Cape, this home offers 233 feet of waterfront on a GULF ACCESS CANAL. Less than 30 minutes to the open waters, 3 bridges, NO LOCK, this property includes a large 45 ft dock and 10,000-pound boat lift that will accommodate up to a 38 ft cruiser. Large backyard is fenced in to keep kids and pets safe. New roof in 2023. Located just minutes from dining and entertainment spots in Cape Harbor, Tarpon Point and downtown Cape Coral. The lanai will need new screens, repair to the stamped concrete deck and rethatch of the Tiki on the dock, about $5K in total repairs or the new owner can make changes to suit their lifestyle., The home would make an excellent turnkey investment property. In season, smaller homes on the street rent for over $300 a night, yielding a cap rate in excess of 6% based on just 180 days rented. Updated homes in the neighborhood have sold for over $1 million! Insurance costs are lower as the home was built to updated building codes, sits above the flood level and meets the wind mitigation standards for the area. The home sat high and dry during IAN while neighboring homes got flooded. FLOOD INSURANCE IS TRANSFERABLE! Assessments are paid! Reasonable offers will be considered.

Features
: In Ground, Lighting, Screen Enclosure
: Central, Electric
: Central Air, Humidity Control
: Driveway
: Irrigation System, Sliding Doors, Lighting, Hurricane Shutters
: Carpet, Tile
: Ceiling Fans(s), Open Floorplan, Walk-In Closet(s), Eat-in Kitchen, Split Bedroom, Thermostat, High Ceilings, Vaulted Ceiling(s), Master Bedroom Main Floor, Solid Surface Counters
1
: Public Sewer
: Cable Available, Sewer Available, Water Available, Sewer Connected, Water Connected, Street Lights
Appliances
: Dishwasher, Microwave, Range, Refrigerator, Dryer, Washer, Disposal
Address Map
US
FL
Lee
Cape Coral
33914
5TH
4705
PLACE
W82° 0' 51.5''
N26° 33' 52.1''
West
33914 - Cape Coral
SW
R1-W
use google maps
Additional Information
: Public
https://vimeo.com/826029183?share=copy
1
726900
2023-05-19
: Paved, Oversized Lot, Irregular Lot
: One
2
: Slab, Stem Wall, Block
: Block, Concrete, Stucco
3836
1
Financial
4331.96
Listing Information
252012816
258033324
Cash,Conventional
Canceled
2023-09-01T04:32:08Z
Stellar
: None
2023-09-01T04:30:57Z
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4705 PLACE Cape Coral

4705 SW 5th Place, Cape Coral, Florida 33914

4 Bedrooms
2 Bathrooms
2,334
$719,900
Listing ID #A4571109
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : A4571109
Price : $719,900
View : Pool,Water
Bedrooms : 4
Bathrooms : 2
Square Footage : 2,334
Year Built : 2005
Lot Area : 0.29 Acre
Status : Canceled
Office Name : RE/MAX SUNSHINE
Agent Name : Francis Glaab
Full Bathrooms : 2
Property Sub Type : Single Family Residence
Roof : Shingle
Listing Status : Canceled
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Erica Diaz Team

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Phone: (407) 904-2702
Hours: Everyday, 9AM – 5PM
Address: 326 S Dillard St, Winter Garden, FL. 34787

Erica Diaz, P.A. DBA Erica Diaz Team. MLS License #261211327. Brokered by Homevest Realty.

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