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SOUTHERN EXPOSURE RIVERFRONT HOME ON AN OVERSIZED LOT WITH A MULTIMILLION DOLLAR VIEW! Welcome to 264 Bayshore Drive, a rare DIRECT RIVERFRONT property located near Cape Coral’s highly desirable Yacht Club area. Positioned on an oversized lot with approximately 88 feet of Caloosahatchee River frontage and approximately 200 feet of depth, this home offers wide, unobstructed water views, breathtaking sunsets, and direct sailboat Gulf access with no bridges. Southern exposure enhances the outdoor spaces and water views, while a NEW SEAWALL installed after Hurricane Ian adds long-term value and peace of mind. Boaters will appreciate the two docks and boat lift, making this an exceptional waterfront offering. The home features 3 bedrooms, 2 bathrooms, and over 2, 200 square feet of living space with soaring ceilings exceeding 12 feet in the living room, dining area, and kitchen. Inside, tile flooring and crown molding run throughout, complemented by a spacious open kitchen with granite countertops and a walk-in pantry. Two sets of pocketing sliding glass doors with full-length transom windows create a seamless indoor-outdoor connection and flood the home with natural light. The primary suite is generously sized with sliding doors to the pool area, two walk-in closets, and a large en-suite bath with dual vanities, a jetted tub, and a separate shower. Outdoors features a heated pool and spa surrounded by a beautiful travertine patio, all overlooking the river. The home does not have a pool cage, allowing for unobstructed views, but is equipped with electric roll-down screens at the rear and accordion shutters for storm protection. Additional features include a tile roof, paver circular driveway, and a quiet street with no through traffic. Offered fully furnished and turnkey, the property is currently part of a successful vacation rental program. Whether enjoyed as-is, continued as an income-producing rental, or envisioned as a future custom riverfront estate, this is a prime opportunity to own one of the most sought-after riverfront locations in Cape Coral.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,750,000
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 | $1,400,000 | $1,400,000 | $1,400,000 |
| 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% | 6.110% | 5.972% |
| Monthly Tax Payment | $2,099 | $2,099 | $2,099 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,949 | $8,394 | $11,626 |
| Total Monthly Payment | $10,173 | $10,618 | $13,850 |
* 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.