11516 Andy Rosse Lane, Captiva, FL 33924

$2,000,000
6
BD
6
BA
3,092
SqFt

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Sold Price
$2,000,000
List Price
$2,850,000
Status
CLOSED
Days on Market
170
Closing Date
Sep 05, 2024
MLS#
224024767
Subtype
Residential
Style
Two Story
Architectural Style
Two Story
Year Built
2001
Bedrooms
6
Bathrooms
6
Full Baths
6
Living Area
3,092
Acres
0.21
Subdivision
Fa Lanes Bayview
Neighborhood
Fa Lanes Bayview
MLS Area Major
CI01 - Captiva Island

Property Description

For anyone seeking a project with the potential to build immediate equity, this home is listed for over $1.5 million below recent sales of Andy Rosse courtyard homes, which sold as high as $4.5 million (without impact windows/doors and still in need of remodeling). Being sold mid-construction, with no construction contract that needs to be honored, the home is being offered in as-is condition. The exterior and roof have been wrapped in waterproofing underlayment since Hurricane Ian. The current owner replaced the exterior doors and windows with hurricane-rated windows and sliders. Located on arguably the premier street in Captiva Village, this home's design is one of the most popular courtyard-style homes built by the developer, offering the largest guest house with the main residence set back from the street. The home's construction is concrete pilings and concrete block walls throughout the ground floor. Home features include a pool with a spa, an attached two-bedroom guest house, an in-home elevator, and a convenient location just a few parcels from the beach or shopping. Once completed, rental estimates project this home could earn around $300,000 annually.

Additional Information

Amenities
None
Interior Features
Separate/Formal Dining Room, Living/Dining Room, Other, See Remarks, Elevator
Exterior Features
Courtyard, Security/High Impact Doors, Other
Taxes
$25,008
Property Description
Two Story
Zoning
C-1
Flooring
Other
Heating
Other
Air Conditioning
Other
Exterior Construction
Block, Other, Concrete, Wood Frame
Stories
2
Roof
Built-Up, Flat, Metal, Rolled/Hot Mop, Roof Over, Shingle, Slate, Tile, Wood
Pool
Yes
Pool Type
In Ground
Parking Features
Attached, Garage
Garage Spaces
2
View
Landscaped

Courtesy of Premier Sotheby's Int'l Realty

Selling Office: .

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