$630,000
$650,000
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2 Beds
2 Baths
774 SqFt
SOLD DATE : 06/07/2024
Key Details
Sold Price $630,000
Property Type Single Family Home
Sub Type Stilts,Mid Rise (4-7)
Listing Status Sold
Purchase Type For Sale
Square Footage 774 sqft
Price per Sqft $813
Subdivision Cane Palm Beach Condo
MLS Listing ID 224037134
Sold Date 06/07/24
Bedrooms 2
Full Baths 2
Condo Fees $2,504/qua
HOA Y/N No
Originating Board Florida Gulf Coast
Year Built 1978
Annual Tax Amount $8,347
Tax Year 2022
Lot Size 5,684 Sqft
Acres 0.1305
Property Description
DIRECT BEACHFRONT on the desirable North-end of the island with gulf front lanai and bay front views from the kitchen! 6th floor, 2BR, 2BA that was beautifully renovated just before hurricane Ian (sept 2022), including updated kitchen and bathrooms, "wood-look" tile flooring throughout, new glass shower door. Fortunately the unit sustained Minimal damage, however the building is still a construction zone. Prior to Ian, these units were selling in the 800s (and grossing 70+ per year). This unit has been priced to allow the new owner to pay for future assessments while building equity. The new owner will also be able to take advantage of significant escalation in daily rental rates once the building is back on-line. Unit being sold “Turnkey” as seen. The building will have a new roof, new plumbing, new electric, new elevator, updated pool area with tiki hut, and a new community room. The unit has a new AC, new water heater (seller paid assessment), and impact doors and windows. Weekly Rentals allowed and (optional) on-site rental program for owners. Walking distance to Time Square for entertainment, shops, restaurants and Margaritaville. On-site laundry facility. PHOTOS Are Pre-Ian. Cash only.
Location
State FL
County Lee
Area Cane Palm Beach Condo
Rooms
Dining Room Dining - Living
Kitchen Island
Ensuite Laundry Common Area
Interior
Interior Features Walk-In Closet(s), Window Coverings
Laundry Location Common Area
Heating Central Electric
Flooring Tile
Equipment Dishwasher, Range, Refrigerator, Trash Compactor
Furnishings Turnkey
Fireplace No
Window Features Window Coverings
Appliance Dishwasher, Range, Refrigerator, Trash Compactor
Heat Source Central Electric
Exterior
Exterior Feature Screened Balcony, Storage
Garage Common
Pool Community
Community Features Clubhouse, Pool, Sidewalks
Amenities Available Barbecue, Clubhouse, Common Laundry, Pool, Sidewalk
Waterfront Yes
Waterfront Description Gulf Frontage,On the Gulf Beach
View Y/N Yes
View Gulf, Pool/Club
Roof Type Built-Up
Parking Type Common
Garage No
Private Pool No
Building
Lot Description Oversize
Building Description Concrete Block,Stucco, Common Area Washer/Dryer
Story 7
Water Central
Architectural Style Mid Rise (4-7)
Level or Stories 7
Structure Type Concrete Block,Stucco
New Construction No
Others
Pets Allowed No
Senior Community No
Tax ID 24-46-23-W4-02200.6030
Ownership Condo
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