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$1,397,000

Beds
3
Baths
3.5
sq ft
2,475

811 Old Burnt Store Rd N, Cape Coral, FL 33993

811 Old Burnt Store Rd N

Cape Coral, FL 33993

  • 98 days on market
This stunning Gulf Access New Construction Home in Cape Coral offers both luxurious living and immediate investment returns. Currently rented at $5,500 monthly until September 2025, this home is an ideal opportunity for investors seeking stable rental income in a high-demand area. The property is located near the upcoming Seven Islands Waterfront Community & Marina, promising future appreciation as Cape Coral continues to grow and attract new developments. The home features modern double glass doors that open to breathtaking water views, a luxurious office den with glass barn doors, and a striking fireplace feature wall. Wood-look tile floors and high coffered ceilings add elegance throughout the home. The chef’s kitchen is a showpiece, with stainless steel appliances, LED-lit cabinetry, and a double waterfall quartz island, perfect for hosting gatherings. The master suite offers a private retreat with sliding doors overlooking the pool and canal, two custom closets, and a resort-style bathroom complete with a porcelain tub and a double walk-in shower. Guest rooms also boast custom closets and private bathrooms. The outdoor space is designed for luxury waterfront living, with an oversized paved lanai, saltwater pool, spa, sun lounge, and a fully equipped outdoor kitchen. Boaters will love the quick access to Matlacha Pass, nearby fishing spots, and Gulf beaches. The home is also equipped with city water and sewer, adding convenience to its list of amenities. Cape Coral has seen strong rental growth due to its popularity among permanent and seasonal residents, seeking a waterfront lifestyle. Gulf access properties are an attractive investment. The area continues to draw new residents and investors with its expanding infrastructure, including the nearby Seven Islands development, which will add more dining, shopping, and marina facilities. Cape Coral's demand for seasonal and long-term rentals remains high. The region’s ongoing population growth and future development projects will likely sustain rental demand and property appreciation in the coming years.

Details

Property type

Single Family Residence

Est. home value

$295,577

Property condition

New Construction

Lot size

0.23 acres

Price per sq ft

$565

Year built

2024

Annual property taxes

$4,310.58

HOA

No

Price History

09/18/2024

FGCMLS #224075001

Listed
$1,397,000
-3.59%
08/16/2024
NABOR

NABOR #224008200

Removed
$1,449,000
07/23/2024
NABOR

NABOR #224008200

Price change
$1,449,000
-2.75%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

1

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

1St Natl Bk Fl

Loan start date

September 2002

Original loan amount

$63,745

Est. remaining balance

Not provided

Interest rate

6.43%

Loan type

Not Provided

Seller

Bernardo J Valero and Susan Disdier Valero

Lender

1St Natl Bk Fl

Loan start date

September 2002

Original loan amount

$63,745

Est. remaining balance

Not provided

Interest rate

6.43%

Loan type

Not Provided

Seller

Bernardo J Valero and Susan Disdier Valero

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: 12/25/2024 at 11:15 AM

Listing updated: 11/09/2024 at 5:14 AM

Listed by: Roxana Purow, PA, Berkshire Hathaway FL Realty Phone #: (239) 482-5700

MLS: FGCMLS #224075001

FGCMLS logo

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