Waterfront - Seller Financing
Address
550 Coral Drive, Cape Coral, FL
Price
$ 1,550,000
Property Attributes
  • MLS#224014106
  • TypeLand
  • CountyLEE
  • CityCape Coral
  • AreaCC11 - Cape Coral Unit 1 - 2 - 4-6
  • NeighborhoodCape Coral
  • Zip33904
  • StyleResidential
  • Taxes$ 8141
  • Price$ 1,550,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.331 Acres
Data Source:
Florida Gulf Coast MLS (SWFLMLS)
Property Description

Brand new seawall to be installed 2' higher than current code - Owner financing available with only 20% down and a low interest rate. This property offers unparalleled advantages. Enjoy exceptional southern exposure and breathtaking riverfront views, a rarity in itself. With 80 feet of riverfront access and direct gulf access, it's primed for your dream home. Positioned in Cape Coral's highly coveted community, it boasts proximity to the yacht club beach, boat ramp, and boathouse restaurant. Plus, it's just minutes from downtown Cape Coral, offering an array of shopping, dining, and entertainment options. Don't miss your chance to build anew in this prime location.

Price History
2/13/2024 Listed $1,550,000
4/10/2024 4% - $1,495,000

General Features

Sewer Assessment Paid
Utilities Other
Possession Close Of Escrow
Association Fee Includes See Remarks
View Gulf,River,Water
Property SubType Residential
Tax Year 2021
Current Use Single Family
Waterfront Features River Front
Community Features Boat Facilities,Non-Gated
County Lee
Property Type Land
Subdivision Name CAPE CORAL
Facing Direction North
Status Active
Directions - Take exit 131 toward Cape Coral - Continue onto Cape Coral Pkwy E - left onto Del Prado Blvd S - left to stay on Del Prado Blvd S - Slight right onto El Dorado Pkwy E - left onto Coral Ave - right
City CAPE CORAL
View Y/N Yes
Zoning Description R1-W
MLS Area CC11 - Cape Coral Unit 1,2,4-6
Lot Size Units Acres
Waterfront Y/N Yes
Street Name Coral
Tax Annual Amount 8141.53
Property Condition To Be Built
Days on Market 114
Standard Status Active
Tax Lot 40
Property Sub Type Additional Residential,Unimproved Land
PostalCity CAPE CORAL
Legal Description CAPE CORAL UNIT 4 PT 2 BLK 141 PB 12 PG 15 LOTS 40 + 41 + PORT BETWEEN LOT + CANAL AS DESC IN OR 965 PG 495 EX B

Interior Features

Street Suffix Drive

Exterior Features

Lot Features Cleared,Oversized Lot,See Remarks
Water Source Assessment Paid
Lot Size Area 0.331
Canal Width Canal Width 200+
Lot Dimensions 80 x 192 x 83 x 170
Lot Size Acres 0.331
Lot Size Source Appraiser
Road Responsibility Public Maintained Road
LotDimensionsSource Appraiser

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 33904

Price
AVG $610K
$1.55M
Taxes
AVG $4,554
$8,141
Visits
AVG 249
130
Data Provided by Inside Real Estate®

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