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Discover this extraordinary property located on Lake Finisterre, the largest saltwater canal in Cape Coral, offering direct Gulf access for the ultimate Florida lifestyle. This stunning 3 bedroom, 2. 5 bath waterfront gem spans over 3, 700 sq. ft. of luxurious living space designed for both relaxation and entertainment.
Situated in the desirable Southwest Chiquita/Pelican area, just minutes from Cape Harbour with an easy 20-minute boat ride to Gulf access. With just one bridge to the river, boating enthusiasts will appreciate quick access to open water.
The property boasts a new dock with a tiki hut (2023), Enjoy spectacular fishing right from your dock and witness breathtaking sunrises and sunsets from this perfectly positioned home.
All bedrooms are conveniently located on the main level, including the luxurious master suite featuring French doors opening to the pool area, a glass shower, enormous soaking tub, dual sinks, walk-in closets, and a private water closet. The kitchen is equipped with solid surface counter tops and stainless-steel appliances with an attached breakfast area offering beautiful water views, complemented by a formal sunken living/sitting room and formal dining room.
The expansive second-floor bonus room/lounge serves as the ultimate entertainment space, featuring a bar, gaming/poker table, and panoramic lake views that create an airy, open atmosphere perfect for gatherings.
The home has undergone significant updates, including a new roof (2023), a complete lower-level remodel with updated plumbing and electrical, and new flooring throughout.
Currently part of a successful rental program is voted as one of Cape Coral's favorites on Airbnb! This property is offered fully furnished and equipped with all necessary linens and supplies to begin renting immediately. Upcoming reservations can be transferred to the new owner, canceled for full-time occupation, or maintained as a profitable vacation rental while you're away offering the best of both worlds!
This one-of-a-kind beauty offers the perfect blend of luxury living and investment potential in one of Southwest Florida's most sought-after locations.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,750,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,400,000 | $1,400,000 | $1,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.739% | 6.560% |
Monthly Tax Payment | $1,225 | $1,225 | $1,225 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,507 | $8,964 | $12,100 |
Total Monthly Payment | $9,857 | $10,314 | $13,450 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.