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Fa Lanes Bayview Captiva Homes for Sale: Coastal inspired cottage in the village of Captiva with bayside views. Lowest priced single family home on Captiva Island with no HOA fees. Experience the island lifestyle with abundant outdoor living space featuring a screened in porch, two large sun decks, plus undercover entertainment area. Explore creative ideas for a cabana, game area. Plenty of room of room to add a pool - spa! Exceptional Short term vacation rental home with weekly rentals allowed. Elevated island home sits on a large 100 x 100 corner parcel steps away from the bay and a short walk to the beaches of Captiva Island. Convenient location to Island shops, galleries and bistros! Furnished and turn key rental with exceptions. This cozy cottage features spacious living area with vaulted ceilings, two bedrooms and two baths. Newer tile plank flooring and metal roof. Ideal property to add a second floor to enhance the views. The home is high and dry! The living area did not incur storm damage. Ideal location for a second home, short term vacation rental or investment opportunity. Survey and Elevation Certificate available.
$2,850,000
Sold Price:
$2,000,000
Sold Date:
09/05/2024
View Details Fa Lanes Bayview Captiva Homes: For anyone seeking a project with the potential to build immediate equity, this home is listed for over $1.5 million below recent sales of Andy Rosse courtyard homes, which sold as high as $4.5 million (without impact windows/doors and still in need of remodeling). Being sold mid-construction, with no construction contract that needs to be honored, the home is being offered in as-is condition. The exterior and roof have been wrapped in waterproofing underlayment since Hurricane Ian. The current owner replaced the exterior doors and windows with hurricane-rated windows and sliders. Located on arguably the premier street in Captiva Village, this home's design is one of the most popular courtyard-style homes built by the developer, offering the largest guest house with the main residence set back from the street. The home's construction is concrete pilings and concrete block walls throughout the ground floor. Home features include a pool with a spa, an attached two-bedroom guest house, an in-home elevator, and a convenient location just a few parcels from the beach or shopping. Once completed, rental estimates project this home could earn around $300,000 annually.
Need professional assistance selling your property at Fa Lanes Bayview Captiva? Find out how an Area Specialist can help to generate more property exposure in order to get the most money for your investment in the least amount of time.
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