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$2,249,000

Beds
4
Baths
4.0
sq ft
2,341

5870 Shell Cove Dr, Cape Coral, FL 33914

5870 Shell Cove Dr

Cape Coral, FL 33914

  • 108 days on market
OWNER SAYS BRING ALL REASONABLE OFFERS...ANXIOUS TO SELL!!! RECENTLY COMPLETED AND WHAT A BEAUTY!!! This is one of the most unique Funky Fish Houses of Cape Harbour! Walk-around deck on upper level boasts spectacular views from every angle. And this being a Boater's Paradise, it's an angler's dream as this lot will hold a boat up to 43' in length right in your back yard! INCREDIBLE RENTAL POTENTIAL!!! This brand new single family home built by Marvin Homes has 4 bedroom, 4 bath home includes a separate Guest Suite off of the boardwalk with its own private entrance; Owner's Suite that commands the entire 2nd level with a wet bar that includes a beverage cooler, full bath with two closets (one can be an owner's locked closet), extra storage area and covered balconies off both the front and rear of the house, great for both boat watching and people watching! The Great Room area with wet bar and Kitchen is located on the 3rd level and has a large, covered party deck, bunk room and full bath. If you think the views are amazing from the 3rd level, just wait...the views from the 4th level are breathtaking. The top deck has a large, covered entertaining area, an outdoor kitchen with a grill, outdoor refrigerator, and sink in the island. A separate suite with sliders to the walk-around deck allows for fantastic views, and a full bath which is accessible from both the suite and the elevator foyer/landing. All this and just steps away from so many amenities including the marina, access to two pools, exercise room and more! Waterfront Restaurants / Bars / Shopping and even an Art Gallery all await you in beautiful Cape Harbour! Great investment to enjoy for yourself with friends and family and also potential rental income - the sky's the limit! Fondly named the 'Octopus House' by its owners, the name can be changed should you desire.

Details

Property type

Single Family Residence

Est. home value

$416,524

Property condition

New Construction

Lot size

2,043 sq ft

Price per sq ft

$961

Year built

2024

Annual property taxes

$4,217.35

HOA

Yes

Price History

08/06/2024

FGCMLS #224064473

Listed
$2,249,000
+18.68%
06/11/2024
NABOR

NABOR #223091597

Removed
$1,895,000
12/13/2023
NABOR

NABOR #223091597

Listed
$1,895,000
+658%

Schools & Community

Elementary school: 

SCHOOL CHOICE

Middle school: 

SCHOOL CHOICE

High school: 

SCHOOL CHOICE

Community features: 

Pool, Gated, Street Lights

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

Georgia Primary Bank

Loan start date

June 2022

Original loan amount

$1,114,830

Est. remaining balance

Not provided

Interest rate

3.78%

Loan type

Building or Construction Loan, 2 year

Seller

Michael Rabb and Melanie Rabb

Lender

Georgia Primary Bank

Loan start date

June 2022

Original loan amount

$1,114,830

Est. remaining balance

Not provided

Interest rate

3.78%

Loan type

Building or Construction Loan, 2 year

Seller

Michael Rabb and Melanie Rabb

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 4:45 PM

Listing updated: 11/16/2024 at 2:05 PM

Listed by: Dawn Godsil, Durling & Associates, Inc. Phone #: (239) 433-1112

MLS: FGCMLS #224064473

FGCMLS logo

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