$585,000

About This Property

Direct Gulf Access Pool Home in Estero Bay Shores, just 25 minutes to open water of the Gulf (and only 15 minutes to Lover's Key!) This 4-bed / 3-bath home on 120x100 (0.24ac) lot has a sunny Southern Exposure Pool + Spa (resurfaced 2015). Built in 1982, the 93-linear foot seawall + 288SF concrete dock with hoist are in good condition. The 4,000 lb Boat Lift was added in 2012 and has a wood pier, water/electric, and canopy cover. Shingle Roof is 8 years old (2014), plumbing is 3 years old (repiped in 2019). Home took in several feet of storm surge and has been mucked, new elec. panel, wiring verified to be good, and it is ready for drywall and new outlets / switches. Owner had drywall contractor lined up but has had a change of heart and is ready to sell now, as-is. Now is your opportunity to get into an Estero Bay Shores pool home for a fraction of the cost. Appraised for $1.2 Million on 10/31/2022 which allows for permit to improve structure by 50% of $570,894. Ask your agent for more details on the 50% Rule. There is $200-300k of equity potential for you after rehab! PLUS, the next 3 years of flood insurance is pre-paid on this home! Limited time opportunity for the right buyer.

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Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.

Listed By

John R. Wood Properties

239-333-2411