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Follow on Google News | Largest Home in Cape Coral Sold by Realmark Realty LLC for $5.3MSold by Ted Stout, Broker Realmark Realty LLC at Cape Harbour, Unique Property Highest Residential Real Estate Sale in Cape Coral in 2013
By: Realmark Realty LLC Ted Stout, Realmark Realty Broker listed and sold the home, which is officially the most expensive home sold in Cape Coral. It’s only preceded by the original sale of the house in 2009 for $6 million (also sold by Realmark Realty LLC). The $5.3 million sale trumps the next in line in the MLS by a whopping $2.4 million, a sale of $2.9 million at 5649 Riverside Drive in 2011. Stout said, “You can count on one hand the number of homes that have sold for more than $5 million that don’t have beach access in Lee County.” Ted Stout credits the success to his “can do” attitude and ability to market and cater to high-end buyers. Stout said, “The luxury market is coming back; over the last year, we have sold three of the top five residential homes in Cape Coral - $1.9 million, $1.8 million and now $5.3 million.” Armada Court is located in Cape Harbour one the few gated waterfront communities on the Southwest Florida coast. It is unlike any other home in Lee County topping out at 18,404 total square feet. The estate is situated on four lots and features the main house, guesthouse, caretaker’ The buyer is, a retired entrepreneur from Naples who was represented by Jutta Lopez, Sales Associate with Premier Sotheby's International Realty. Stout added “ End
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