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Key Details
Sold Price $2,000,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,092 sqft
Price per Sqft $646
Subdivision Fa Lanes Bayview
MLS Listing ID 224024767
Sold Date 09/05/24
Bedrooms 6
Full Baths 6
Originating Board Florida Gulf Coast
Year Built 2001
Annual Tax Amount $25,008
Tax Year 2023
Lot Size 9,016 Sqft
Acres 0.207
Property Description
For anyone seeking a project with the potential to build immediate equity, this home is listed for over $1.5 million below recent sales of Andy Rosse courtyard homes, which sold as high as $4.5 million (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 Captiva Village, this home's design is one of the most popular courtyard-style homes built by the developer, offering the largest guest house with the main residence set back from the street. The home's construction is concrete pilings and concrete block walls throughout the ground floor. Home features include a pool with a spa, an attached two-bedroom guest house, an in-home elevator, and a convenient location just a few parcels from the beach or shopping. Once completed, rental estimates project this home could earn around $300,000 annually.
Location
State FL
County Lee
Area Ci01 - Captiva Island
Zoning C-1
Rooms
Dining Room Dining - Living, Formal
Interior
Interior Features Elevator, Other
Heating Other
Cooling Other
Flooring Other
Window Features Impact Resistant,Impact Resistant Windows
Appliance Other
Laundry Inside
Exterior
Exterior Feature Courtyard
Garage Spaces 2.0
Pool In Ground
Community Features None, Non-Gated
Utilities Available Cable Available
Waterfront Description None
View Y/N Yes
View Landscaped Area
Roof Type Built-Up or Flat,Metal,Rolled/Hot Mop,Roof Over,Shingle,Slate,Tile,Wood
Porch Open Porch/Lanai
Garage Yes
Private Pool Yes
Building
Lot Description Irregular Lot
Story 2
Sewer Septic Tank
Water Central
Level or Stories Two, 2 Story
Structure Type Concrete Block,Elevated,Piling,Wood Frame
New Construction No
Others
HOA Fee Include None
Tax ID 35-45-21-03-00041.0000
Ownership Single Family
Acceptable Financing Buyer Finance/Cash
Listing Terms Buyer Finance/Cash
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Bought with Premier Sotheby's Int'l Realty
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