tomo logo

$1,195,000

Beds
4
Baths
3.5
sq ft
3,053

5236 SW 18th Ave, Cape Coral, FL 33914

5236 SW 18th Ave

Cape Coral, FL 33914

  • 88 days on market
    • Price drop $100,000↓
Come see this stunning, two-story waterfront Florida retreat - An Investors Dream or Your Personal Paradise! Step into permanent vacation mode with this breathtaking two-story waterfront home in Florida, or those seeking a luxurious, everyday escape! This spectacular Gulf-access pool home boasts over 3,000 square feet of living space and is turnkey ready - just bring your toothbrush and settle in. There are 2 master suites; one master suite is on 1st floor and is wheelchair accessible. Upstairs is the 2nd master with en-suite, featuring a private balcony overlooking the pool and canal. Second floor also boasts 2 large guestrooms. The outdoor living space is breathtaking, showcasing a heated pool which features a beach sloped entry and grotto spa with cascading waterfall that adds to the resort feel of this home. The waterfront lines the rear of the home and has upgraded pavers, composite decking and a 10k lb. boat lift. The main living space is an open, expansive great room with 20' ceiling perfect for entertaining. It opens to the pool and lanai area and offers exceptional views. The custom kitchen features granite countertops, storage and ample countertop space. There is a laundry room on the 2nd floor and additional washer/dryer area on 1st floor. Outdoor lighting and mature landscaping enhance the curb appeal. Located in a highly desirable area south of Cape Coral Pkwy. Convenient to Cape Harbour restaurants, shopping and entertainment. Currently part of a successful vacation rental program, this property is not only a personal paradise but also a lucrative investment opportunity. Don't miss the chance to own this extraordinary waterfront retreat - Your Dream Home Awaits!

Details

Property type

Single Family Residence

Est. home value

$1,610,361

Lot size

0.23 acres

Price per sq ft

$392

Year built

2010

Annual property taxes

$18,495.39

HOA

No

Price History

11/05/2024

FGCMLS #224069140

Price change
$1,195,000
-7.72%
08/26/2024

FGCMLS #224069140

Listed
$1,295,000
-19.01%
02/16/2024
FortMyers

FortMyers #223074990

Removed
$1,599,000

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

Mortgage 1 Inc

Loan start date

November 2021

Original loan amount

$548,250

Est. remaining balance

$452,747

Interest rate

2.23%

Loan type

New Conventional, 15 year

Seller

Allison Binkley and Matthew Binkley

Lender

Sanibel Captiva Community Bank

Loan start date

November 2021

Original loan amount

$332,000

Est. remaining balance

Not provided

Interest rate

5.25%

Loan type

New Conventional, 30 year

Seller

Allison Binkley and Matthew Binkley

Lender

Sanibel Captiva Community Bank

Loan start date

November 2021

Original loan amount

$332,000

Est. remaining balance

Not provided

Interest rate

5.25%

Loan type

New Conventional, 30 year

Seller

Allison Binkley and Matthew Binkley

Lender

Mortgage 1 Inc

Loan start date

November 2021

Original loan amount

$548,250

Est. remaining balance

$452,747

Interest rate

2.23%

Loan type

New Conventional, 15 year

Seller

Allison Binkley and Matthew Binkley

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: 11/22/2024 at 11:05 AM

Listing updated: 11/17/2024 at 4:06 PM

Listed by: David Lawrence, Premiere Plus Realty Company Phone #: (239) 206-2777

MLS: FGCMLS #224069140

FGCMLS logo

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