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Cane Palm Beach Condo Fort Myers Beach Condos for Sale: DIRECT BEACHFRONT on the desirable North-end of the island with gulf front lanai and bay front views from the kitchen! 1st floor, CORNER UNIT, 2BR, 2BA - the unit sustained significant damage from hurricane Ian - the unit and the building are still under construction. Here is your chance to put the unit back together your way. Prior to Ian, these units were selling in the 800s. This unit has been priced to allow the new owner to pay for assessments while building equity. Unit being sold AS IS. The building will have a new roof, new plumbing, new electric, new elevator, updated pool area with tiki hut, and a new community room. Unit 106 is down to the studs and the association will provide a new AC; new water heater; impact slider doors and windows replacing the broken doors/windows; new front door and drywall. There is also a chance of flood insurance proceeds going to the new owner (pending litigation). 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. The Northend is a special corner of Fort Myers Beach bordered by Bowditch park on one end and the downtown Times Square on the other. The property will effectively be new construction when completed.
$650,000
Sold Price:
$630,000
Sold Date:
06/07/2024
View Details Cane Palm Beach Condo Fort Myers Beach Condos: 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.
$650,000
Sold Price:
$630,000
Sold Date:
06/07/2024
View Details Cane Palm Beach Condo Fort Myers Beach Condos: 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.
$575,000
Sold Price:
$535,000
Sold Date:
06/26/2024
View Details Cane Palm Beach Condo Fort Myers Beach Condos: Discover Cane Palm Beach, a remarkable direct beachfront complex nestled in the heart of the highly coveted NORTH end of Fort Myers Beach. This prime location provides easy walking/biking access to Times Square area shops and dining options. Unit 406, a lovely north corner residence on the 4th floor at the, delivering sunsets from the Gulf to over Sanibel, breathtaking views and a unique sense of tranquility that "shore living" inspires. Investors take note: the complex welcomes weekly rentals, making it an ideal investment for those seeking both enjoyment and potential income. While this complex and unit 406 encountered some challenges, in the form of Hurricane IAN damages, September 2022. The HOA is working diligently in restoration efforts which are currently underway and neither owners nor renters can currently occupy the premises. Once repairs are completed and occupancy granted, the enhanced Cane Palm Beach complex, will be spectacular and brand new. An incredible opportunity to create your personal beachfront paradise at Cane Palm Beach.
Need professional assistance selling your property at Cane Palm Beach Condo Fort Myers Beach? 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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