5297 Punta Caloosa CT Pending

Sanibel,FL 33957

$ 850000

3 Beds

2 Baths

1740 SqFt


Key Details

Property Type Single Family Home, Vacant Land

Sub Type Ranch,Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 1,740 sqft

Price per Sqft $488

Subdivision Caloosa Shores

MLS Listing ID 224093422

Bedrooms 3

Full Baths 2

HOA Fees $41/ann

Year Built 1971

Annual Tax Amount $15,659

Tax Year 2023

Lot Size 0.326 Acres

Property Description

One of the hidden gems on Sanibel is Caloosa Shores, a residential community encircled by tidal bays and thousands of acres of wildlife sanctuary lands, a heaven on earth for anyone who appreciates the type of tranquility you can only find living among nature. If the best parcels on the island were developed first, it speaks to how special this location is in terms of the unspoiled natural beauty of the land around you and the deep water, direct access boating right outside your door. The original CBS, slab-on-grade structure was mitigated and deep cleaned, preserving the durable, undamaged construction materials for reuse if desired. Priced at land value, this property offers a multitude of options such as restoring as is, elevating or building new. If a buyer is interested in lifting the home, we have estimates to elevate the home 5 feet approximately $145,000, build the infrastructure for the elevated home such as utilities, concrete block piles and stairs approximately $150,000, and to restore the interior. We also have estimates for demolition and construction of a new luxury modular home, and we are working on estimates for installation of floodproof gates. Boating amenities include a kayak launch, boat dock with composite decking and boat lift on a saltwater gulf access canal. Dock and lift added by Stokes Marine in 2021. Built in 2021 by Coastal Custom Pools, the expansive pool surrounded by natural stone pavers runs the length of the house, flanked on one end by an elevated spillover spa. After adding a new roof in 2020, the home was equipped with high-quality solar panels with capacity to provide more than enough electrical power for the home. If desired battery storage packs can be added taking the home completely off the grid or acting as a backup generator in event of an emergency. Please note there was a $33,520 special assessment for the Caloosa Shores bridge construction, buyer to assume remaining $16k+/-.

Location

State FL

County Lee

Area Caloosa Shores

Rooms

Dining Room Dining - Living

Interior

Heating Central Electric

Flooring Tile

Equipment Other

Exterior

Exterior Feature Boat Dock Private,Glass Porch

Pool Below Ground,See Remarks

Amenities Available See Remarks

Waterfront Description Canal Front

View Y/N Yes

View Canal

Roof Type Shingle

Building

Lot Description Across From Waterfront

Story 1

Water Central

Structure Type Concrete Block,Stucco

New Construction No

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