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Property Type
Single Family Residence, Residential

3
Bedrooms

2
Bathrooms

2
Garages

2275 Sqft
Area Size

1999
Year Built

Active

2849 SW 50th TER, Cape Coral, FL 33914

$995,000

Description

View of Spreader, mangroves and birds — 105 feet of waterfront on the wide canal — Lot is 150 ft. deep — Large front yard, long driveway with lots of parking space — Outstanding quiet location — No through-traffic — Fast and direct Gulf access — Boat dock — No bridges, no locks (has been removed) — Almost NEW standing seam metal roof — Almost NEW impact resistant windows and doors all around — NEW kitchen with quartz counter tops — According to FEMA Flood Map, base flood elevation in the area is 7 ft. The elevation certificate of this building shows 8.2 ft. (see attached). So, one of the few properties of that age that can be repaired without elevating the house (check out the “50%-rule”!!) — Be aware that the floor plan is ONLY suited for people, who do NOT look for a spacious great room! The kitchen is open to a relatively small family room plus reading corner. The atmosphere of this area is really nice, especially with the big picture window to the pool and canal; but the space is limited. Towards the street (behind the kitchen wall) there is another living area, currently with a new billiard table; connected to a relatively small dining area). If you do not like several smaller areas instead of one big great room, this house is not for you. — Price is attractive for what the property offers (land value plus expensive upgrades to the building). There is no room for negotiation.