Updated Dec 4, 2024
Premier Sotheby's International Realty Sells Waterfront Home In Cape Coral For $5.8M
1967 Southeast 36th Terrace
$5,800,000
$1,235/SF
Building Size
4,694 SF
Asset Type
Single Family
Closing
Nov 1, 2023
About this deal
AI
This remarkable 4-bed, 6-bath waterfront home at 1967 Southeast 36th Terrace in Cape Coral was recently sold for a total of $6,063,000, which includes $263,000 for furnishings. The property, spanning over 11,000 square feet, offers a chef's kitchen, a tiki hut, a pool with built-in chairs, a 250+ bottle wine room, a boat lift, waverunner ports, and an impressive outdoor living space.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $5,800,000
- Address: 1967 Southeast 36th Terrace, Cape Coral
- Market: Cape Coral
- Asset Type: Single Family
- Acres: 0.43
Lisa VanderBleek from RE/MAX Sunshine represented the buyer, while Maxwell Thompson from Premier Sotheby's International Realty represented the seller in this transaction.
Players
Cape Coral Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.73%
Cash-on-Cash
-0.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93