Pending

Listed by Keith Conklin from FOLIO REALTY LLC

Source: Florida Gulf Coast MLS (Royal Palms) #2025007686

84 Cardinal Drive, North Fort Myers, FL, 33917

$475,000

5
4
1
4911 sq. ft.
0.37 ac.

SingleFam

30+ days on the market

What's around 84 Cardinal Drive

About this property

PRICE DROP TO SELL NOW!! RARE INVESTMENT OPPORTUNITY | DOUBLE LOT/LAND/HOME Welcome to "The Brilliant Pearl Luxe" Please refer to the airbnb listing (google The Brilliant Pearl Luxe) page for historical reference/photos of the condition of the home pre-Helene.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 AC's, 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.

Looking for more information on 84 Cardinal Drive?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties for sale nearby

Pending
$594,584
18921 River Burst Court
North Fort Myers FL 33917
5
5
2
Single-Family
Listing courtesy of Lennar Realty Inc
For Sale
$514,896
17461 Saddleback Loop
North Fort Myers FL 33917
5
5
3
Single-Family
Listing courtesy of Lennar Realty Inc
For Sale
$499,999
16560 Marc Allen Drive
North Fort Myers FL 33917
5
4
3
Single-Family
Listing courtesy of RE/MAX Gulf Coast Living

Other properties for sale by FOLIO REALTY LLC

For Sale
$749,000
483 Wekiva Preserve Drive
Apopka FL 32712
5
4
3
Single-Family
Listing courtesy of FOLIO REALTY LLC
For Sale
$269,000
101/6635 Time Square Avenue
Orlando FL 32835
3
3
2
Townhouse
Listing courtesy of FOLIO REALTY LLC
For Sale
$425,000
610 Yorktown Dr
Leesburg FL 34748
3
2
2
Single-Family
Listing courtesy of FOLIO REALTY LLC

Browse properties sold in nearby areas

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent