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Archived almost 3 years ago

$599,000

3 bd 2 ba

115 SW 12th Terrace, Cape Coral, FL 33991

Residential SFR

Current Rent **

$7,500

Projected Rent **

$7,800

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Waterfront Oasis w/ Private Heated Pool, Spa & Dock

The space
Sea Bird

Soak up the sun by your caged heated pool and spa!

A haven for waterfront relaxation, this 3BR/2BA oasis features upscale Tommy Bahama furnishings and cool terra cotta floors. Whip up delicious dishes in your sparkling kitchen or fire up the gas grill and host a cookout.

Additional features include a comfy primary suite, a convenient private garage, and a private dock on the canal. Your quiet residential locale is also just minutes from the waterpark, golf courses, and the beach.

LIVING AREA

Make yourself at home in the plush Great Room, highlighted by cathedral ceilings and a smart TV.

KITCHEN & DINING

Prepare tasty meals in the gourmet kitchen, configured with ample counter space, helpful gadgets, and a full suite of appliances.

Sample appetizers at the kitchen bar for two, then sit down to a home-cooked meal at the dining table for six.

BED & BATH

This home sleeps up to six guests between three bedrooms.

Sleep soundly in the tranquil master suite, detailed with a king bed, a flat-screen TV, and a walk-in closet. The en-suite bathroom includes a walk-in shower and direct pool area access.

One guest bedroom has a full-size bed, the other holds two twin beds, and the guest bathroom is fitted with a tub/shower combination.

OUTDOOR AREA & AMENITIES

Enjoy a cookout on your spacious caged pool deck, featuring a gas grill, plenty of alfresco dining space, a luxurious spa, and a heated 7’-deep pool.

Walk right down to the water -- your palm-studded property also features a private dock on the canal.

EXTRA PERKS & MORE DETAILS

Extra perks include complimentary Wi-Fi and a washer/dryer.

Beach gear and a kayak are provided in the rental.

Parking is available for up to five vehicles (one in the garage and four in the driveway).

THE LOCATION

Family fun awaits at Sun Splash Family Waterpark (5 minutes), Mike Greenwell’s Bat-A-Ball (8 minutes), and the Yacht Club Public Beach (15 minutes).

Hit the links at an array of courses within a 15-minute drive, including Cape Royal, El Rio, Coral Oaks, and Hunters Run.
No dog(s) are welcome in this home. No other animals are allowed without specific Vacasa approval.

This rental is located on floor 1.

Parking notes: There is free parking for 5 vehicles. Parking is available for 5 vehicles -- 4 in the driveway and 1 in the garage. (Access to the garage is through the house.)
1 day notification is required in order to heat the pool and pool spa. A fee of USD32 per day must be paid prior to check-in. Guests can contact Vacasa after booking to purchase pool and pool spa heat for your stay.

Damage waiver: The total cost of your reservation for this Property includes a damage waiver fee which covers you for up to $3,000 of accidental damage to the Property or its contents (such as furniture, fixtures, and appliances) as long as you report the incident to the host prior to checking out. More information can be found from the "Additional rules" on the checkout page.

Location:

115 SW 12th Terrace, Cape Coral, FL 33991

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.