One-Of-A-Kind Estate in Cape Coral Sold for $4.125M

Sold by Ted Stout, Broker Realmark Realty LLC at Cape Harbour
 
CAPE CORAL, Fla. - Sept. 11, 2018 - PRLog -- The crown jewel of Cape Harbour, 5832 Armada Court, just sold for $4.125 million. It is the highest sale in Cape Coral since the original sale of the house in 2013 for $5.3 million. Ted Stout, Realmark Realty Broker, listed and sold the property both times.

Armada Court is located in Cape Harbour in one of the few gated waterfront communities on the Southwest Florida coast. It is unlike any other home in Lee County, boasting more than 18,000 total square feet. The estate is situated on four lots, with two vacant lots on either side offering exclusive privacy. Features include the main house, a guest cottage, caretaker's quarters, six bedrooms, six full baths and three half baths. The vanishing edge pool with beach entry seamlessly merges with the waterways to offer endless waterfront views. It's both a boater and car collector's dream with a garage that can house up to seven cars, more than 560 feet of seawall, seven boat docks and two boatlifts to accommodate multiple yachts.

However, even with all of its refinements, the infamous estate will soon be transformed. The new owner plans to dramatically remodel the home in a modern style, following the popular Mediterranean revival real estate trend.

Stout said, "This is a classic example of a new trend I like to call Mediterranean Revival for a more contemporary look. If you're a buyer looking for this style, this kind of remodel may be an option for you. Here at Realmark Realty, we are perfectly situated to help you in that process with our preferred vendors and consultation."

For more information on the luxury home market and waterfront properties values, please contact Ted Stout at (239) 313-8020.
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Tags:Real Estate, Luxury Home, Mediterranean Revival
Industry:Real Estate
Location:Cape Coral - Florida - United States
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