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WHOA!! DOUBLE WATERFRONT LOT, HEATED POOL, LUXURY HOME AT THIS PRICE??? YOU REALLY CAN HAVE IT ALL!! Rare opportunity to own a double waterfront lot with 168 feet of canal frontage and a former builder model pool home in the highly desirable South Gulf Cove. This beautifully maintained 3-bedroom + den residence offers exceptional privacy, spectacular water views, and stunning Southwest Florida sunsets. Enter through elegant double glass doors into a bright, open floor plan featuring porcelain tile throughout, tray ceilings, and plantation shutters on impact windows and doors. The great room, primary suite, guest bedroom, and breakfast nook all open through triple sliders and French doors to the expansive paver lanai with a heated pool and spa, creating seamless indoor-outdoor living that’s perfect for relaxing or entertaining. The gourmet kitchen showcases stainless steel appliances, solid wood cabinetry with pantry, rollout shelving in all kitchen and bathroom cabinets, and a striking 10-foot Quartz island with sink. A private den with double doors provides the ideal home office or hobby space. The spacious primary suite offers tranquil water views and features a walk-in closet, dual granite vanities, a soaking tub, and a tiled Roman shower. Boaters will appreciate the 30-ft dock (2020) with a 7, 000-lb covered boat lift, along with electric hurricane roll-down shutters and screens (2023) and a large pool deck designed for enjoying the waterfront lifestyle. The home is wired for a generator, with a portable Generex generator available separately. Numerous recent upgrades provide peace of mind, including a new 50-circuit electrical panel with surge protection (2025), new blown-in insulation (2024), new hot water heater (2024), exterior paint (2023), and a new irrigation pump (2022). The adjoining lot offers additional flexibility to build a detached garage, guest house, or future family compound, or it may be held or sold separately for added value. Residents of South Gulf Cove enjoy 57 miles of navigable canals, a unique lock system that helps control water levels, and an optional HOA with access to a private boat ramp. Conveniently located near the beautiful Gulf beaches of Boca Grande and Englewood Beach, as well as shopping and dining, this home offers the best of coastal living with a peaceful, private feel. No flooding and no hurricane insurance claims. A truly rare chance to own a double-lot waterfront retreat in one of Southwest Florida’s premier boating communities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$749,500
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 | $599,600 | $599,600 | $599,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $546 | $546 | $546 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,591 | $3,741 | $4,939 |
| Total Monthly Payment | $4,229 | $4,379 | $5,577 |
* 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.