$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 Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 774 sqft
Price per Sqft $813
Subdivision Cane Palm Beach Condo
MLS Listing ID 224037113
Sold Date 06/07/24
Style Stilt,Mid Rise
Bedrooms 2
Full Baths 2
Construction Status Resale
HOA Fees $834/qua
HOA Y/N Yes
Year Built 1978
Annual Tax Amount $8,347
Tax Year 2022
Lot Size 5,684 Sqft
Acres 0.1305
Lot Dimensions Appraiser
Property Description
Weekly Rentals allowed and (optional) on-site rental program for owners. DIRECT BEACHFRONT on the desirable North-end of the island with gulf front lanai and bay front views from the kitchen! 5th floor, 2BR, 2BA that was beautifully renovated just before hurricane Ian (sept 2022), including updated kitchen and bathrooms, "wood-look" tile flooring throughout flooring, 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. 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
Community Cane Palm Beach Condo
Area Fb01 - Bodwitch Pointe To Cresce
Rooms
Bedroom Description 2.0
Interior
Interior Features Kitchen Island, Living/ Dining Room, Shower Only, Separate Shower, Walk- In Closet(s), Air Filtration
Heating Central, Electric
Cooling Ceiling Fan(s)
Flooring Tile
Equipment Air Purifier
Furnishings Furnished
Fireplace No
Window Features Impact Glass,Shutters,Window Coverings
Appliance Dishwasher, Range, Refrigerator, Trash Compactor
Laundry Common Area
Exterior
Exterior Feature Security/ High Impact Doors, Storage
Parking Features Common
Pool Community
Community Features Condo Hotel Community, Elevator, Near Hotel/ Motel
Utilities Available Cable Available, High Speed Internet Available
Amenities Available Clubhouse, Laundry, Barbecue, Picnic Area, Pool, Sidewalks
Waterfront Description Beach Front, Gulf
View Y/N Yes
Water Access Desc Public
View Gulf, Pool
Roof Type Built- Up, Flat
Porch Balcony, Screened
Garage No
Private Pool No
Building
Lot Description Oversized Lot
Faces East
Story 7
Foundation Pillar/ Post/ Pier
Sewer Public Sewer
Water Public
Architectural Style Stilt, Mid Rise
Unit Floor 5
Structure Type Block,Concrete,Stucco
Construction Status Resale
Others
Pets Allowed No
HOA Fee Include Association Management,Laundry,Maintenance Grounds,Recreation Facilities,Reserve Fund,Trash,Water
Senior Community No
Tax ID 24-46-23-W4-02200.5020
Ownership Condo
Security Features Security System Owned,Security System,Key Card Entry,Phone Entry
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Pets Allowed No
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