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$1,995,000

Beds
4
Baths
4.5
sq ft
2,250

12637 South Banks Dr, Captiva, FL 33924

12637 South Banks Dr

Captiva, FL 33924

  • 562 days on market
    • Price drop $195,000↓
Once in a lifetime opportunity to own a piece of paradise! Only accessible by boat, this house is on a rare beach to bay lot with a dock. The fishing is truly world-class, and the boating opportunities are endless. The dock leads you to a completely restored 4 bedroom, 4 and 1/2 bath home on the exclusive southern end of North Captiva. The home sleeps 10 comfortably and the views of the ocean and white sand beaches are breathtaking. Natural lighting is abundant with impact windows and a brand-new standing seam roof. Each bedroom has an en-suite bathroom, and the upstairs has an amazing 360 degree view of the ocean and island. The home has a new and state-of-the-art Schneider 18kW solar system, Discovery lithium batteries, and a back-up 24kW Kohler LP generator. The home also has a reverse osmosis water filtration system and updated solar panels. The property is truly an escape from everyday life and an incredible opportunity. No passport needed for this island oasis!

Details

Property type

Single Family Residence

Est. home value

$2,751,678

Lot size

0.69 acres

Price per sq ft

$887

Year built

1989

Annual property taxes

$10,977.58

HOA

No

Price History

12/03/2024

FGCMLS #223043553

Price change
$1,995,000
-8.9%
06/10/2023

FGCMLS #223043553

Listed
$2,190,000
+305.56%
07/07/2016

FGCMLS #216042678

Sold
$540,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

1

Seller’s Loan History

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

Lender

Cogent Bank

Loan start date

January 2021

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

2.71%

Loan type

Purchase Money Mortgage, 5 year

Seller

Four Mountains Of Tennessee Llc

Lender

Cogent Bank

Loan start date

January 2021

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

2.71%

Loan type

Purchase Money Mortgage, 5 year

Seller

Four Mountains Of Tennessee Llc

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?

Status: Active

Tomo last checked: 12/23/2024 at 11:00 AM

Listing updated: 12/03/2024 at 2:30 PM

Listed by: Maria Ditty, CD Real Estate of SWFL LLC Phone #: (239) 810-9027

MLS: FGCMLS #223043553

FGCMLS logo

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