5308 Baypoint Court, Cape Coral, FL 33904

$901,000
5
BD
4
BA
2,459
SqFt

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Sold Price
$901,000
List Price
$909,000
Listing Price
$909,000
Closing Date
Sep 05, 2024
Days on Market
292
MLS#
223085496
Bedrooms
5
Bathrooms
4
Living Sq. Ft
2,459
Property Class
Single Family Residential
Elementary School
LEE COUNTY SCHOOLS
Middle School
LEE COUNTY SCHOOLS
High School
LEE COUNTY SCHOOLS
Building Design
Single Family
Status Type
Resale
Status
CLOSED
County
Lee
Region
CC11 - Cape Coral Unit 1, 2, 4-6
Development
Cape Coral
Subdivision
Cape Coral

Property Description

Invest in your favorite vacation destination… This established vacation rental property offers a unique opportunity to step right into a profitable book of business with high-quality repeat guests. 2024 gross revenue is a projected $109,898 and projected to preform 12% better in 2025. Numerous five star reviews attest to this properties appeal to boaters with its immediate river access, inviting pool, and spacious open modern floorplan. Convenient to South Cape’s multitude of entertainment and restaurantsWelcome to your dream getaway at this turnkey vacation rental, nestled in a direct access waterfront subdivision. This luxurious property offers a perfect blend of contemporary design & waterfront living, making it an ideal vacation destination or a lucrative future development opportunity. Be captivated by the open floor plan that seamlessly connects the living, dining & kitchen areas. The kitchen boasts waterfall quartz countertops, new European cabinets & style-forward luxury lighting. Featuring 5 bedrooms & 4 full baths, strategically laid out in a split floor plan, providing privacy & comfort for all guests. With a sunny SW facing pool, every aspect of this home is designed for your ultimate enjoyment. The outdoor space is complemented by a 20,000lb boat lift, allowing you to explore the pristine waters with ease. The expansive over half-acre lot provides distance & privacy. This property presents an exciting future development opportunity. Imagine crafting your custom masterpiece in this prime location, tailored to your unique vision & preferences. Boating enthusiasts will appreciate the quick 10-minute open water access. Solid vacation rental with over 60% occupancy; Currently exceeding $100k annually as a vacation rental

Additional Information

Year Built
1973
Garage Spaces
2
furnished
Furnished
Pets
Yes
Amenities
None
Community Type
Boat Facilities, Non-Gated
View
Canal, Landscaped, Partial Buildings, Pool, Water
Waterfront Description
Canal Access, Navigable Water, Seawall
Pool
Yes
Building Description
1 Story/Ranch
Lot Size
0.525
Construction
Block, Concrete, Stucco
Rear Exposure
W
Roof
Shingle
Flooring
Tile
Exterior Features
Sprinkler/Irrigation, Outdoor Shower, Patio, Shutters Electric
Water
Assessment Paid, Public
Sewer
Assessment Paid, Public Sewer
Cooling
Central Air, Ceiling Fan(s), Electric
Interior Features
Breakfast Bar, Tray Ceiling(s), Separate/Formal Dining Room, Dual Sinks, Kitchen Island, Living/Dining Room, Pantry, Shower Only, Separate Shower, CableTV, Split Bedrooms
Gulf Access
Yes
Waterfront
Yes
Unit Floor
1
Furnished Description
Furnished

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Compass Florida LLC. Selling Office: .