tomo logo

$1,200,000

Beds
2
Baths
2.0
sq ft
1,948

405 Pelican Bnd, Placida, FL 33946

405 Pelican Bnd

PLACIDA, FL 33946

  • 7 days on market
Situated in the highly coveted community of Cape Haze, this exceptional waterfront property is a true haven for boaters, fishermen, and those seeking an oversized, expansive lot of approximately 0.61 acres. Boasting a desirable southwest rear exposure and 98 feet of water frontage, this home is just four lots from open water, providing direct access to the Intracoastal, Stump Pass & Gulf of Mexico. The Florida lifestyle awaits with a private dock, boat lift, and a stunning pool and spa—ideal for unwinding after a day on the water. Thoughtfully maintained, the home features numerous recent upgrades, including a new pool pump (Dec. 2024), A/C (2024), a new roof (Nov. 2022), and a re-piped home (2021), ensuring both comfort and peace of mind. Additional highlights include hurricane shutters, an impact-resistant garage door, and a whole-home water filtration system. Inside, beautiful updated neutral tile flooring flows throughout, creating a seamless and modern aesthetic. The master suite impresses with vaulted ceilings, a spacious walk-in closet, and direct access to the lanai and pool, while the master bath offers an updated tiled shower, an oversized soaking tub, a bidet, and a linen closet. A grand double-door entry leads into the foyer, opening to a bright open-concept 2-bedroom, 2-bathroom layout with a versatile den/office. The second bathroom features an updated vanity, and the expansive covered lanai provides ample space for outdoor entertaining. The fenced yard ensures privacy on both sides, while an irrigation system, sourced from a well, helps reduce monthly costs. Offering an unbeatable combination of location, luxury, and lifestyle, this waterfront gem is the perfect opportunity for its new owner to customize the interior to their desirability. Conveniently located just a few miles from Boca Grande, several golf courses, restaurants & more. Cape Haze is a deed-restricted community with a voluntary HOA. (Note: Charlotte County tax records note this as a 3 bedroom, 3 bath. This has always been a 2 bedroom, 2 bath home. Seller does have building plans to add on a 3rd bedroom, 3rd bath & an additional office that seller will share/provide to a buyer).

Details

Property type

Single Family Residence

Est. home value

$899,756

Lot size

0.61 acres

Price per sq ft

$617

Year built

1988

Annual property taxes

$7,372

HOA

Yes

Price History

02/14/2025
StellarMLS

StellarMLS #D6140497

Listed
$1,200,000
+179.07%
08/03/2012
StellarMLS

StellarMLS #D5786782

Sold
$430,000

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

United States Small Business Admin

Loan start date

February 2023

Original loan amount

$136,800

Est. remaining balance

Not provided

Interest rate

6.27%

Loan type

SBA Participation Trust Deed, 30 year

Seller

Peggy Gainey and Peggy A Gainey Revocable Trust

Lender

Fifth Third Bank

Loan start date

August 2017

Original loan amount

$90,000

Est. remaining balance

Not provided

Interest rate

3.14%

Loan type

Credit Line (Revolving)

Seller

Peggy A Gainey

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: 02/22/2025 at 1:00 PM

Listing updated: 02/15/2025 at 6:55 AM

Listed by: Debi Benson, PA, MICHAEL SAUNDERS & COMPANY Phone #: (941) 473-7750

MLS: StellarMLS #D6140497

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