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4705 SW 5th PL Cape Coral, FL 33914
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Key Details
Sold Price $650,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,334 sqft
Price per Sqft $278
Subdivision Cape Coral
MLS Listing ID 223071546
Sold Date 12/15/23
Style Ranch,One Story
Bedrooms 4
Full Baths 2
Construction Status Resale
HOA Y/N No
Year Built 2005
Annual Tax Amount $4,331
Tax Year 2022
Lot Size 0.292 Acres
Acres 0.292
Lot Dimensions Appraiser
Property Sub-Type Single Family Residence
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. 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. 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. FLOOD INSURANCE IS TRANSFERABLE! Assessments are paid! Reasonable offers will be considered.
Location
State FL
County Lee
Community Cape Coral
Area Cc21 - Cape Coral Unit 3, 30, 44, 6
Direction West
Rooms
Bedroom Description 4.0
Interior
Interior Features Cathedral Ceiling(s), Separate/ Formal Dining Room, Dual Sinks, Entrance Foyer, Kitchen Island, Living/ Dining Room, Other, Pantry, Tub Shower, Split Bedrooms
Heating Central, Electric
Cooling Central Air, Ceiling Fan(s), Electric
Flooring Carpet, Tile
Furnishings Unfurnished
Fireplace No
Window Features Single Hung
Appliance Dryer, Dishwasher, Freezer, Microwave, Range, Refrigerator, Washer
Laundry Washer Hookup, Dryer Hookup, Inside
Exterior
Exterior Feature Deck, Sprinkler/ Irrigation, Patio, Shutters Manual
Parking Features Attached, Garage, Garage Door Opener
Garage Spaces 2.0
Garage Description 2.0
Pool Concrete, In Ground
Community Features Non- Gated
Utilities Available Cable Available, High Speed Internet Available
Amenities Available None
Waterfront Description Canal Access, Intersecting Canal, Seawall
View Y/N Yes
Water Access Desc Assessment Paid,Public
View Canal, Landscaped, Water
Roof Type Shingle
Porch Deck, Lanai, Patio, Porch, Screened
Garage Yes
Private Pool Yes
Building
Lot Description Cul- De- Sac, Oversized Lot, Sprinklers Automatic
Faces West
Story 1
Sewer Assessment Paid, Public Sewer
Water Assessment Paid, Public
Architectural Style Ranch, One Story
Unit Floor 1
Structure Type Block,Concrete,Stucco
Construction Status Resale
Others
Pets Allowed Yes
HOA Fee Include None
Senior Community No
Tax ID 11-45-23-C4-01719.0010
Ownership Single Family
Security Features Smoke Detector(s)
Acceptable Financing All Financing Considered, Cash
Disclosures Owner Has Flood Insurance, RV Restriction(s)
Listing Terms All Financing Considered, Cash
Financing Cash
Pets Allowed Yes
Read Less
Bought with EXP Realty LLC
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