tomo logo

$1,899,999

Beds
4
Baths
4.5
sq ft
4,004

2834 SW 51st St, Cape Coral, FL 33914

2834 SW 51st St

Cape Coral, FL 33914

  • 19 days on market
Luxury Waterfront Estate – Unparalleled Views & Direct Gulf Access, Having Sold Real Estate here for over 21 Years I can confidently say that this property offers one of the most breathtaking, stunning views you'll find. one you won't want to miss. Has incredible vacation rental opportunities. Welcome to one of the most exclusive properties in Cape Coral, with southern exposure and unforgettable sunsets over one of the widest intersecting Gulf-access canals in the area. This magnificent 4-bedroom or 5-bedroom + den, & 5-bathroom estate boasts over 4,000 sq. ft. of living space and nearly 7,000 sq. ft total. Impact Windows and Sliders. Designed for luxurious waterfront living. With flexible space upstairs, this home can be 5-bedroom residence. Unrivaled Waterfront Location Direct sailboat access – No bridges, to open water. Expansive L-shaped hurricane sliders maximize water views. 151-ft deep oversized lot for enhanced privacy and space. Unobstructed mangrove & intersecting canal views. Grand Entry & Outdoor Living Large screened front porch, perfect for enjoying the Florida breeze. Double glass French entry doors open to stunning panoramic water views. Southern exposure provides all-day sun for swimming and lounging. Spacious lanai. Heated pool & spa with a brand-new pool cage (2025). Two private docks: 30,000 lb boat lift for a 40+ ft long, 16-ft wide boat. 10,000 lb boat lift for a 25-ft long, 10-ft wide boat. + jet ski lift. Oversized dock with deep water access, perfect for boating enthusiasts. Exquisite Interior Features Grand main master suite with tray ceilings, breathtaking water views, pocket slider leading directly to the lanai & pool area. Second master suite also features sliding doors to the lanai & pool area, plus a bonus space ideal for an office, exercise room, or reading nook overlooking the water. Chef’s kitchen, custom wood cabinetry, granite countertops, & stainless-steel appliances. Expansive living room, tray ceilings. Two additional bedrooms on the main level. Upstairs loft with bar, refrigerator, full bath, & pocket sliders to a private balcony. Upstairs space can serve as a second living area for guests or entertaining, with a separate entrance for added privacy. Flexible upstairs space – can be used as a bedroom, office, gym, or guest suite. Premium Upgrades & Features New roof (2023). Two new A/C units: 5-ton unit + 4-ton unit for efficient cooling. New water heaters & pool pump. Oversized 3-car garage with laundry facilities. Two bar areas – ideal for entertaining. Assumable Flood Insurance Owner has flood insurance that is assumable. Only $3,300 per year – a fantastic benefit for waterfront living! This is a rare opportunity to own a luxury waterfront estate in one of Cape Coral’s most prestigious locations. With multi-million-dollar homes surrounding you, this home offers exceptional value, unbeatable views, and premium upgrades throughout. Schedule your private showing today!

Details

Property type

Single Family Residence

Est. home value

$1,811,378

Lot size

0.28 acres

Price per sq ft

$475

Year built

2006

Annual property taxes

$13,537

HOA

No

Price History

02/12/2025

FGCMLS #225015871

Listed
$1,899,999
+413.51%
02/15/2002

FGCMLS #80041358

Sold
$370,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Washington Mutual Bank Fa

Loan start date

May 2006

Original loan amount

$550,000

Est. remaining balance

Not provided

Interest rate

6.61%

Loan type

Negative Amortization, 40 year

Seller

Ronald S Palmer and Sharon A Palmer

Lender

Washington Mutual Bank Fa

Loan start date

May 2006

Original loan amount

$550,000

Est. remaining balance

Not provided

Interest rate

6.61%

Loan type

Negative Amortization, 40 year

Seller

Ronald S Palmer and Sharon A Palmer

Lender

Wa Mutual Bk F A

Loan start date

February 2002

Original loan amount

$277,500

Est. remaining balance

Not provided

Interest rate

7.16%

Loan type

Not Provided

Seller

Ronald S Palmer and Sharon A Palmer

Lender

Wa Mutual Bk F A

Loan start date

February 2002

Original loan amount

$277,500

Est. remaining balance

Not provided

Interest rate

7.16%

Loan type

Not Provided

Seller

Ronald S Palmer and Sharon A Palmer

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: 03/04/2025 at 12:35 AM

Listing updated: 02/27/2025 at 11:54 AM

Listed by: Edward Schiff, Schiff Realty, Inc Phone #: (239) 540-0061

MLS: FGCMLS #225015871

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