138 SW 51st TER CAPE CORAL

Price: $599,000 Beds: 3 Baths: 2
Location, location, location! Southern exposure on a direct access canal with minutes to open waters. The street appearance is unique as it is lined with royal palms on both sides. Currently there are 2 new homes under construction on 51st Ter. This home features 3 bedrooms, 2 baths, a one car garage and a pool. During hurricane Ian the house took on about one foot of water. It has been gutted and cleaned up since. The pool cage took a hit and needs to be replaced. The tile roof held up well and there is no obvious water intrusion. The boat dock was installed in 2005 and has little damage. Also the home has been repiped, windows have been replaced and the electric panel has been updated to accomodate a generator connection over the past 10 years. This property is offered at land value but it might be possible to remodel considering the 50/50 rule….read more