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Welcome to your own slice of paradise in Captain’s Cove, one of the most desirable waterfront communities on Pine Island. This beautifully upgraded stilt home is the only property in its price range offering direct deepwater access. Situated on Bokeelia’s widest canal and just one minute from Jug Creek, the home provides effortless access to Pine Island Sound, Charlotte Harbor, Boca Grande, and the Gulf of Mexico—making it a boater’s dream.
The upper level features a bright and open floor plan with a spacious living area, a well-appointed kitchen, and a sunlit dining space. Three bedrooms and two full bathrooms offer comfortable and functional living on the main level. The fully finished lower level includes a private entrance to a complete guest or in-law suite with its own bedroom, full bathroom, kitchen, living room, laundry room, enclosed patio, and a dedicated workshop—making it ideal for extended family, visitors, or potential rental income.
The exterior of the home has been thoughtfully enhanced for both enjoyment and functionality. A 10, 000-pound boat lift, KayaArm kayak launcher, and a steel-framed boat canopy by Coastline Boat Lift Covers provide exceptional waterfront convenience. The upgraded dock features elegant blue LED lighting for a tranquil evening ambiance. A newly screened-in back porch overlooks the water, creating a serene space to relax and enjoy vibrant sunsets.
The expansive limestone rock driveway measures 80 feet long by 20 feet wide and is framed with timber edging and underlayment, offering ample space for RV, boat, and trailer parking. A concrete pad has been added for waste and recycling bins, and the home is accented by a granite rock walkway and a custom lighthouse-style mailbox.
Since March 2023, the current owners have invested over $100, 000 in improvements. Landscaping upgrades include over sixty clusia plants for added privacy, along with blooming hibiscus and a navel orange tree. The carport was enclosed to create a large storage room that can easily be converted into additional living space, and a fully enclosed workshop was built with dual sliding barn doors for added utility.
Mechanical and interior updates include a new air conditioning system upstairs with upgraded ductwork, a remodeled upstairs bathroom, and new stainless steel kitchen appliances including a stove and dishwasher.
This exceptional home offers a rare combination of direct Gulf access, flexible living arrangements, significant upgrades, and a premier location within a quiet, highly desirable island community. Whether you're looking for a full-time residence, a seasonal escape, or an income-producing property, this home is truly one of the best values available on Pine Island.
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Our Executive Mortgage Banker:
Our Insurance Division:
$939,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $751,200 | $751,200 | $751,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.241% | 6.121% | 5.979% |
| Monthly Tax Payment | $855 | $855 | $855 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,265 | $4,504 | $6,238 |
| Total Monthly Payment | $5,212 | $5,451 | $7,185 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.