Item 1
Property Description

For anyone looking for a project offering the opportunity to build instant equity, this home is listed for over $1.5M++ below recent sales of Andy Rosse courtyard homes which sold as high as $4.5M (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 the Captiva Village, this home’s design was one of the most popular of the courtyard style homes built by the developer, because it offered the largest guest house, and had the main house set back from the street offering for privacy. The home’s construction is concrete pilings and concrete block walls throughout the ground floor. Home features include a pool with spa, attached 2-bedroom guest house, in-home elevator, and convenient location just a few parcels from the beach or shopping. Once completed rental estimates project this home could earn $300K+/- annually.

Features
: See Remarks
: See Remarks
: Lawn/garden
: See Remarks
: Under bldg, Single garage, See Remarks
: Unfurnished
: See Remarks
: Not applicable
Yes
: See Remarks
1
: Dining room, Kitchen, Laundry room, Storage interior, Dr/lr combo, Guest house, Open porch, Separate apt., See Remarks
: None/not applicable
: Impact Resistant Windows, See Remarks
Address Map
Andy Rosse Ln
11516
0
W83° 48' 32.8''
N26° 31' 20.4''
MLS Addon
Jeff Burns
1
: See Remarks
$0
Annually
: Btf/cash
1
No
379
84
No
0 Sqft
$28,917
2022
Yes
11516 Andy Rosse Ln

Residential

11516 Andy Rosse Ln, Captiva, Florida 33924

6 Bedrooms
6 Bathrooms
7,033 Sqft
$2,850,000
Listing ID #2240286
Basic Details
Property Type : Residential
Listing ID : 2240286
Price : $2,850,000
Bedrooms : 6
Bathrooms : 6
Half Bathrooms : 0
Square Footage : 7,033 Sqft
Year Built : 2001
Lot Area : 0.21 Acre
Country : US
State : FL
County : Lee County
City : Captiva
Subdivision : FL
Zipcode : 33924
Status Actual Letter : Active
Property Sub-Type : Single family
WaterAndSewer : City
Contact Agent
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