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Description
This is an auction. The home is a fixer upper. The interior was damaged by Hurricane Ian. Permit in process to replace drywall, fixtures, insulation, carpets, AC and kitchen and bath cabinets. Minor damage to the dock and lanai cage. No damage to the roof and the home appears to be structurally sound. Tax records show $133,500 allowed improvements before 50% rule exceeded. See Lee County Tax Value Letter attached. Financing available with possible owner financing!
Walk to the beach and enjoy Gulf access boating with no bridges. It's only 15 minutes by boat into the Gulf of Mexico. This 3 bedroom home includes lovely terrazzo floors, a huge screened lanai with storage room overlooking the canal and an oversized 2-car garage with brick paver driveway. New metal roof and updated electric with plenty of room for future expansion. New seawall was added in 2003, and dock in 2008 with 10,000 pound boat lift w/walk around composite deck and electric available at the dock. Plenty of room for a pool. Easy access on and off the island. 12 rentals per year allowed. $30-40K possible annual gross income. Perfect for seasonal or year round living.
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Courtesy of: SWFL Real Estate Experts © 2022 Royal Palm Coast REALTOR® Association. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) of the Southwest Florida Multiple Listing Service. Real estate listings held by brokerage firms other than (Brokerage associated with this website) are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Updated: 4th February, 2023 4:17 AM (UTC)