tomo logo

$1,300,000

Beds
4
Baths
4.0
sq ft
2,916

7161 Shannon Blvd, Fort Myers, FL 33908

7161 Shannon Blvd

Fort Myers, FL 33908

  • 48 days on market
    • Price drop $250,000↓
Welcome to Paradise – A Waterfront Masterpiece & Investment Opportunity! Step into coastal luxury with this remodeled waterfront estate, offering an unparalleled blend of high-end living, comfort, and investment potential. Located in a prestigious boating community, this home is a boater’s dream, featuring direct Gulf access with no bridges—allowing for quick, effortless trips to open waters. Whether you're seeking a primary residence, vacation retreat, or lucrative short-term rental investment, this property delivers in every way. A Home Designed for Luxury & Coastal Living: Open-Concept Elegance – Expansive living spaces with impact-resistant windows and doors, providing breathtaking water views from nearly every room. Gourmet Chef’s Kitchen – A showpiece featuring KitchenAid appliances, a gas stove, imported granite countertops, custom cabinetry, and a spacious island perfect for entertaining. Private Primary Suite – A second-level sanctuary with panoramic waterfront views, a spa-like ensuite bath, and a custom walk-in closet. Spacious Guest Bedrooms – Thoughtfully designed for comfort and privacy, ensuring a first-class experience for both residents and guests. Resort-Style Backyard – Your Private Oasis Private Pool – Relax in the sparkling resort-style pool while enjoying the waterfront breeze. Outdoor Entertaining – An expansive covered lanai with a fully equipped outdoor kitchen and lounge area, ideal for sunset soirées and year-round gatherings. Private Dock with Lift – Ready for your boat up to 10,000lbs., jet skis, or paddleboards, providing instant access to the Gulf. Short-Term Rental Investment Potential Turnkey Vacation Rental – Prime location with high rental demand in a sought-after waterfront community. Tourist Hotspot – Minutes from fine dining, shopping, beaches, and Lakes Park, making it a top choice for vacationers. No HOA Restrictions – Maximize your rental income with no limitations on short-term stays. Ultimate Convenience – A U-shaped driveway on the largest lot in the neighborhood, offering plenty of parking for guests. This move-in ready estate is meticulously designed for luxury living and high-yield investment returns. Whether you're hosting unforgettable gatherings, enjoying peaceful waterfront living, or generating passive income, this home is an unparalleled opportunity in one of the most desirable coastal communities.

Details

Property type

Single Family Residence

Est. home value

$675,815

Lot size

0.67 acres

Price per sq ft

$446

Year built

1973

Annual property taxes

$4,627.42

HOA

No

Price History

03/18/2025

FGCMLS #225016313

Price change
$1,300,000
-16.13%
03/13/2025

FGCMLS #225016313

Price change
$1,550,000
-3.12%
02/11/2025

FGCMLS #225016313

Listed
$1,599,999
-4.19%

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

Indymac Bank Fsb

Loan start date

August 2007

Original loan amount

$124,000

Est. remaining balance

Not provided

Interest rate

6.73%

Loan type

Credit Line (Revolving), 20 year

Seller

James P Crane and Barbara Crane

Lender

Indymac Bank Fsb

Loan start date

August 2007

Original loan amount

$124,000

Est. remaining balance

Not provided

Interest rate

6.73%

Loan type

Credit Line (Revolving), 20 year

Seller

James P Crane and Barbara Crane

Lender

Indymac Bank Fsb

Loan start date

June 2006

Original loan amount

$613,000

Est. remaining balance

Not provided

Interest rate

4.42%

Loan type

Building or Construction Loan, 30 year

Seller

James P Crane and Barbara Crane

Lender

Indymac Bank Fsb

Loan start date

June 2006

Original loan amount

$613,000

Est. remaining balance

Not provided

Interest rate

4.42%

Loan type

Building or Construction Loan, 30 year

Seller

James P Crane and Barbara Crane

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: 03/31/2025 at 4:25 PM

Listing updated: 03/22/2025 at 2:06 PM

Listed by: Alexia Diaz, Mamba Realty LLC Phone #: (239) 920-2160

MLS: FGCMLS #225016313

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