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Fort Myers Beach Florida Cane Palm Beach Condo Condos Under Contract

Naples Florida Real Estate

Cane Palm Beach Condo Fort Myers Beach Real EstateCane Palm Beach Condo Fort Myers Beach

Condos For Sale1$730K
Sold3$650K - $785K
Last updated at 12:45am 05/08/2024

Pending
$650,000

MLS# 224037134 NEW

600 Estero Blvd # 603, Fort Myers Beach, FL 33931

Condos - 774 ft² / 774 ft²

2 Bed / 2 Baths

Built 1978

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.

PROPERTY DETAILS:

Community Name: Cane Palm Beach Condo
Community Type: Condo/Hotel
Amenities: Barbecue, Clubhouse, Common Laundry, Pool, Sidewalk
Building Design: Mid Rise (4-7)
Building Desc: Stilts
Living Area: 774 ft²
Total Area: 774 ft²
View: Gulf, Pool/Club
Waterfront Desc: Gulf Frontage, On the Gulf Beach
Unit Floor: 5
Total Floors: 7
Parking: Common
Construction: Concrete Block, Stucco
Exterior Features: Screened Balcony, Storage
Roof: Built-Up
Private Pool: Community
Floor Description: Tile
Interior Features: Walk-In Closet(s), Window Coverings
Units in Building: 38
On Site Since: 04/23/2024
Irrigation: Central
Water: Central
Equipment: Dishwasher, Range, Refrigerator, Trash Compactor
Floor Plan Type: Great Room
Furnished Desc: Turnkey
Maintenance: Laundry Facilities, Lawn/Land Maintenance, Manager, Rec Facilities, Repairs, Reserve, Trash Removal, Water
Min Days of Lease: 7
Leases Per Year: 52
Rear Exposure: W
Restrictions: Deeded
Acres: 0.1305
Lot Desc: Oversize
Condo Fee: $2,504 Quarterly
Total Annual Recurring Fees: $10,016
Taxes: $8,347
Tax Year: 2022

THIS PROPERTY IS COURTESY OF:

Keller Williams Realty Fort Myers and the Islands

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AREA SPECIALIST:


Oleg Mikhailov
Oleg Mikhailov

Area Specialist, REALTOR®
Broker Associate
GRI - Graduate Realtor Institute

Luxury of Naples Group at Amerivest Realty

Phone: (239) 280-1237

Websitehttps://www.realtyofnaples.com

Bio: Oleg is a specialist who has been living in Naples since 1999 and is familiar with Naples, Bonita Springs, and Marco Island, and all the neighborhoods inside-out. He has the ability to assist you in selecting the best for your family's needs. With his knowledge you can be sure that you'll be comfortable with him as your Real Estate Agent. [ More... ]
Broker Reciprocity LogoThis property is courtesy of Keller Williams Realty Fort Myers and the Islands. *Just Listed: new properties that came on the market within the last 30 days.
*Decrease/Increase: listing values that are being recorded within the last 30 days.
*Foreclosures/Short Sale: Please note, all properties are subject to bank approval. Buyers must be pre-approved or show proof of funds before submitting an offer.

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