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The Blue Pearl is a luxurious, spacious 3 bedroom, 3. 5 bathroom vacation home with versatile game room and 2, 731 sq ft under air. This fully turnkey property generated just over $100, 000 in revenue in 2024 and is on track for similar results in 2025. Currently operated as an Airbnb Superhost property, it delivers strong year-over-year performance in the competitive Cape Coral short-term rental market.
Situated on an intersecting canal, the home offers stunning waterfront views, easy boating access, and a private dock ideal for fishing. Accommodations sleep up to 14 guests, perfect for large families, groups, or multi-generational vacations. Resort-style amenities include a heated saltwater pool, expansive lanai with a full outdoor kitchen, and a privacy hedge that creates a secluded tropical retreat. Inside, the home features a fully equipped game room - which could be easily converted to a workshop, home office, studio or home theater - and a kitchen with oversized quartz countertops, built in appliances, coffee/wine bar, and a pass through to the wet bar in the outdoor living area.
Additional highlights include a durable metal roof, encapsulated spray foam insulation, no flood zone location, and central Cape Coral convenience—just off Santa Barbara Blvd, 5 minutes to Pine Island Road, and an easy drive to Fort Myers. The home is sold fully furnished and ready for immediate enjoyment or continued short-term rental income.
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Our Executive Mortgage Banker:
Our Insurance Division:
$775,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $620,000 | $620,000 | $620,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.520% | 5.415% |
| Monthly Tax Payment | $1,022 | $1,022 | $1,022 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,424 | $3,668 | $4,943 |
| Total Monthly Payment | $4,538 | $4,782 | $6,057 |
* 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.