Save Property
PRICE DROP TO SELL NOW!! RARE INVESTMENT OPPORTUNITY | DOUBLE LOT/LAND/HOMEWelcome to "The Brilliant Pearl Luxe" Please refer to the airbnb listing (google The Brilliant Pearl Luxe) page for historical reference/photos of the condition of the home pre-Helene. This home is currently gutted on the 1st floor to the studs/block 4 High. The 2nd floor still fully renovated. After hurricane Helene, the property received a "Substantial Damage Letter" from the county(attached), preventing the home to be repaired to code compliance as its sits on its current elevation(see attachment). In addition, the property is an SRL(Severe Repetitive Loss) by FEMA until its either elevated, rebuilt from the 2nd floor up, or demolished & a new home on some form of stilts would be built. The flood insurance is an NFIP policy. The home has been well maintained throughout & remediated of any potential mold. The DOUBLE lot is fully renovated & has over $200k in exterior upgrades from the exotic landscaping, landscape lighting front & back, new boat dock, new boat lift, 150 seawall, new 30 outdoor kitchen with fireplace & paradise grill appliances, new 20x10 automated pergola, new pool, RV parking on an additional oversized driveway w/ electrical & water hookups, lifeguard clubhouse w/shed, new pavers front & back & a new fence around the perimeter of the home. All of this is well maintained weekly. The home itself has beautiful new bahama shutters on every window, 2 newer ACs, all new hurricane impact windows and sliders plus automated shades for the oversized canal facing slider windows. All of this can be salvaged if decided to be elevated or rebuilt. The lot was just recently appraised for the land value alone & that is available upon request. The lot has 150 of canal waterfront and the lot is a quick turn to the Caloosahatchee River near the river district and making for easy and fast gulf access. This home was a luxury airbnb with a track record of producing $600-$1000/per night. We can provide then financial worksheet for airbnb if requested. This is an opportunity listed at a price to sell fast as they want to close on this as soon as possible to clear the mortgage. The home was completely renovated after Ian & had a valuation of $1.3m+ at the time it was finished. If someone were to buy this home and simply repair it, understand the county will not permit you and you would be doing so at your own risk. Either way this is a very favorable opportunity for a lucky buyer who will be getting a fully renovated & updated double lot w/ all the amenities described, allowing for a tremendous head start to someone wanting to elevate the home or rebuild a new home on the lot. Please have agent share the documents regarding code compliance, SRL determination, & the substantial damage letter for your review. Request interior photos for current condition. We can answer any questions so please schedule a showing today and feel free to call me. All offers will be considered.
Property Details
Price: $475,000
Sq Ft: 3,548
($134 per sqft)
Bedrooms: 5
Bathrooms: 4
City: North Fort Myers
County: Lee
Type: Single Family
Development: Holeusa Estates
Acres: 0.37
Year Built: 1959
Listing Number: 2025007686
Status Code: A-Active
Taxes: $6,827.00
Tax Year: 2024
Garage:
1.00
/
Y
Furnishings: Unfurnished
Pets Allowed: Yes
Interior Features:
Breakfast Bar
Separate Formal Dining Room
Eat In Kitchen
Living Dining Room
Main Level Primary
None
Bar
Window Treatments
Split Bedrooms
Amenities:
Bike Storage
Other
Playground
Pool
See Remarks
Storage
Financial Information:
Taxes: $6,827.00
Tax Year: 2024
Exterior Features:
Courtyard
Fence
Sprinkler Irrigation
Outdoor Grill
Outdoor Kitchen
Other
Patio
Storage
Awnings
Equipment:
Water Softener
View:
Y
Waterfront Description:
Canal Access
Seawall
School Information:
Elementary School: Choice Of Schools
Middle School: Choice Of Schools
Junior High: Choice Of Schools
High School: Choice Of Schools
Additional Information:
Building Description: Courtyard, Multi Level, Other, Two Story, Split Level
MLS Area: Fn08 - North Fort Myers Area
Total Square Footage: 4,911
Total Floors: 2
Construction: Block, Other, Concrete, Wood Frame
Date Listed: 2025-08-28 06:37:25
Pool: Y
Pool Description: Electric Heat, Heated, In Ground, Salt Water
Furnished: Unfurnished
Windows: Sliding, Impact Glass, Shutters, Window Coverings
Parking: Attached, Garage
Garage Description: Y
Garage Spaces: 1
Attached Garage: Y
Flooring: Laminate, Tile, Vinyl
Roof: Built Up, Flat, Metal
Heating: Central, Electric
Cooling: Central Air, Electric
Security: Burglar Alarm Monitored, Security System, Fenced, Smoke Detectors
Laundry: Inside
Irrigation: Reclaimed Water
Pets: Yes
Sewer: Assessment Paid, Public Sewer
Lot Desc.: Oversized Lot, Sprinklers Automatic
Amenities: Bike Storage, Other, Playground, Pool, See Remarks, Storage
Map of 84 Cardinal Dr, North Fort Myers, FL 33917
Listing Courtesy Of: Folio Realty Llc
kc.imaginerealty@gmail.com