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Bean Group
Offered at $1,025,000Active
beds
3
baths
2
sq ft
1,840
Built
1999

2849 SW 50th Terrace

Cape Coral, FL 33914

About this home

Price is firm! --- View of Spreader, mangroves and birds --- 105 feet of waterfront on the wide canal; suitable for big boats --- Lot is 150 ft. deep --- Large front yard for personal park, orchard and parking --- Outstanding quiet location --- No through-traffic --- Fast and direct Gulf access --- Boat dock -- No bridges, no locks (has been removed) --- Almost NEW standing seam metal roof --- Almost NEW impact resistant windows and doors all around --- NEW kitchen with quartz counter tops --- According to FEMA Flood Map, base flood elevation in the area is 7 ft. The elevation certificate of this building shows 8.2 ft. (see attached). So, one of the few properties of that age that can be repaired and renovated without elevating the house (look into effect of "50%-rule" on properties below FEMA base flood elevation) -- Be aware that the floor plan is ONLY suited for people, who do NOT look for a spacious great room! The kitchen is open to a relatively small family room plus reading corner. The atmosphere of this area is really nice, especially with the big picture window to the pool and canal; but the space is limited. Towards the street (behind the kitchen wall) there is another living area, currently with a new billiard table; connected to a relatively small dining area). If you do not like several smaller areas instead of one big great room, this house is not for you. -- Price is close lot value. There is no room for negotiation.

Listing last checked: Listing updated:

Listed by Heimo Langenbach · Sea Breeze International Mgmt · MLS #2025000344

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Details at a glance

Interior3 property facts
Heating
Central, Electric
Cooling
Central Air, Electric
Flooring
Tile
Building4 property facts
Style
Single Family Residence
Year built
1999
Garage
2
Roof
Metal
Land & utilities4 property facts
Lot size
0.307 acres
Water
Public
Sewer
Public Sewer
Waterfront
Y
Financial3 property facts
Annual taxes
$13,651
Assessment year
2024
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $1,025,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$6,321 / monthAdjust
Principal & interest
$5,183
Property tax
$1,138
Insurance
Not entered
HOA
$0

Listing annual taxes: $13,651. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.

Partial estimate: add insurance to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. Sld

    $468,800 · Sold $425,000 · Apr 20, 2010

  2. Sld

    $399,000 · Sold $325,000 · Oct 19, 2009

  3. Sld

    $339,900 · Sold $314,000 · Feb 5, 2001

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About 2849 SW 50th Terrace

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