tomo logo

$2,250,000

Beds
3
Baths
2.5
sq ft
2,610

1502 SW 57th St, Cape Coral, FL 33914

1502 SW 57th St

Cape Coral, FL 33914

  • 87 days on market
    • Price drop $199,900↓
This home is a 100% architectural complete remodel, inside and out, meticulously designed to blend modern luxury with functional elegance in one of SW Cape Coral’s most sought-after locations with SELLER FINANCING available. Nestled at the end of a quiet cul-de-sac, this waterfront retreat offers highly desired Eastern rear exposure, 156 feet of seawall, and stunning intersecting canal views—with no boat locks or bridges to navigate, providing quick Gulf access. There are no HOA fees, offering you freedom and flexibility in this exceptional property. Located just one block from Cape Harbour, you’ll enjoy the convenience of four restaurants and bars, boutique shopping, and a marina. The area also offers a scenic setting for walking, running, or biking, making it a perfect blend of relaxation and active living. This home offers the ideal combination of privacy, convenience, and an exceptional waterfront lifestyle. Inside, enjoy a split floor plan that provides ultimate privacy. Built with block construction, this home withstood Hurricane Ian without flooding. The modern design features vaulted ceilings, updated with sleek tray ceilings and real wood beams, creating an airy, contemporary atmosphere. Every detail of this home has been reimagined to create a move-in-ready masterpiece. Step inside through the oversized custom pivot door, a striking architectural feature complete with keypad and fingerprint recognition for both style and security. The chef’s kitchen is a showstopper, featuring custom Marfa cabinetry, a 48” Viking gas range with dual ovens, an undercounter microwave, and a built-in side-by-side stainless steel refrigerator and freezer. Italian 26" x 72" floor tiles flow seamlessly throughout the home, and the Samsung 98” 4K TV with custom backlighting makes the living area perfect for entertaining or relaxing. The master suite offers a luxurious retreat with a floating vanity, tub-in-shower design, and floor-to-ceiling tile. The air-conditioned garage features a custom epoxy floor and an insulated aluminum door with laminated glass, adding practicality to the home’s thoughtful design. Outside, the completely remodeled pool and lanai area is perfect for hosting, equipped with a Pentair remote control system and plenty of room for multiple boat lifts. A private dock with a Tiki hut adds charm to this waterfront paradise, where you can watch dolphins, manatees, and boats glide by. Experience Florida living at its finest in this fully remodeled architectural masterpiece. Schedule your private tour today and experience it for yourself!

Details

Property type

Single Family Residence

Est. home value

$1,454,374

Lot size

0.25 acres

Price per sq ft

$863

Year built

2002

Annual property taxes

$8,408.47

HOA

No

Price History

03/11/2025

FGCMLS #224105340

Price change
$2,250,000
-8.16%
02/24/2025

FGCMLS #224105340

Price change
$2,449,900
-2%
01/06/2025

FGCMLS #224105340

Listed
$2,499,900

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

Bk Amer N A

Loan start date

April 2003

Original loan amount

$494,900

Est. remaining balance

Not provided

Interest rate

5.79%

Loan type

Not Provided

Seller

James L Passauer

Lender

Bk Amer N A

Loan start date

April 2003

Original loan amount

$494,900

Est. remaining balance

Not provided

Interest rate

5.79%

Loan type

Not Provided

Seller

James L Passauer

Lender

Bank Of America Na

Loan start date

November 2001

Original loan amount

$490,000

Est. remaining balance

Not provided

Interest rate

6.8%

Loan type

New Conventional

Seller

James L Passauer and Laquita C Passauer

Lender

Bank Of America Na

Loan start date

November 2001

Original loan amount

$490,000

Est. remaining balance

Not provided

Interest rate

6.8%

Loan type

New Conventional

Seller

James L Passauer and Laquita C Passauer

Lender

Bk Amer N A

Loan start date

June 2000

Original loan amount

$234,320

Est. remaining balance

Not provided

Interest rate

8.13%

Loan type

Not Provided

Seller

Laquita C Passauer and James L Passauer

Lender

Bk Amer N A

Loan start date

June 2000

Original loan amount

$234,320

Est. remaining balance

Not provided

Interest rate

8.13%

Loan type

Not Provided

Seller

Laquita C Passauer and James L Passauer

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: 04/03/2025 at 7:55 PM

Listing updated: 03/16/2025 at 2:05 PM

Listed by: Brian Koonmen, RE/MAX Trend Phone #: (239) 541-1661

MLS: FGCMLS #224105340

FGCMLS logo

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