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$599,000

Beds
3
Baths
2.5
sq ft
2,809

117 Cable Dr, Rotonda West, FL 33947

117 Cable Dr

ROTONDA WEST, FL 33947

  • 66 days on market
    • Price drop $20,000↓
Welcome to 117 Cable Drive, your next perfect family home or even an incredible investment opportunity in the highly desirable Rotonda Lakes community! Tucked away on a quiet cul-de-sac, this spacious 2-story Mercedes home offers 2,809 sq. ft. of living space, making it ideal for a growing family or a lucrative rental property! With a brand-new tile roof (2023) and a stunning new saltwater courtyard pool (2025), this home is move-in ready and built for both comfort and long-term value. The private screened lanai features a 6-person hot tub, perfect for relaxation after a long day, while the spacious backyard offers plenty of room for family gatherings, outdoor fun, or potential tenant appeal. Inside, soaring cathedral ceilings in the foyer create a bright and inviting atmosphere. The first floor boasts a formal dining room, an upgraded kitchen with granite countertops, stainless steel appliances, an eat-in bar, and a cozy breakfast nook, plus elegant plantation shutters throughout. Upstairs, a loft area offers the perfect playroom, media room, or game space! The primary suite is a standout, featuring ample room for a home office or reading nook, French doors leading to a private screened lanai, and a luxurious en-suite bathroom with a whirlpool Jacuzzi tub, a large walk-in shower, and dual sinks. Two additional spacious bedrooms and another full bathroom complete the second floor, providing ample room for guests. There is even potential to add a bedroom downstairs, if you're feeling innovative! Located just minutes from shopping, dining, top-rated schools, and world-class beaches, this home is an excellent choice for families looking for a forever home or potential investors seeking a high-demand rental property. With Boca Grande and Manasota Key beaches just a short drive away, vacation renters or long-term tenants will love the convenience and lifestyle this home offers. Whether you're looking to settle in or secure a fantastic investment, this home checks all the boxes—schedule your showing today! **While this property is partially located in both Flood Zones X and AE, the home itself is situated in Flood Zone X, meaning your lender will likely not require flood insurance—(buyer to verify with their lender and insurance provider).

Details

Property type

Single Family Residence

Est. home value

$494,498

Lot size

7,812 sq ft

Price per sq ft

$214

Year built

2007

Annual property taxes

$4,264

Monthly HOA fee

$10

Price History

02/23/2025
StellarMLS

StellarMLS #D6140265

Price change
$599,000
-3.23%
01/26/2025
StellarMLS

StellarMLS #D6140265

Listed
$619,000
+26.58%
10/14/2024
StellarMLS

StellarMLS #D6135312

Removed
$489,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Lemon Bay High

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$440,264
Asking price
$599,000
Closing costs (~8% of asking)
-$47,920
Est. remaining loan balance
-$110,816
Cash to seller
$440,264

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

December 2019

Original loan amount

$158,977

Est. remaining balance

$110,816

Interest rate

3.15%

Loan type

New Conventional, 15 year

Seller

Nicky K Bowers and Regina J Bowers

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 04/02/2025 at 5:25 PM

Listing updated: 03/19/2025 at 6:09 PM

Listed by: Kendal Canonico, PARADISE EXCLUSIVE INC Phone #: (941) 698-0303

MLS: StellarMLS #D6140265

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Recently listed in ROTONDA WEST