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<Back to Page			Property 83 of 132 Selections

Minutes from southernmost point of river

$382,500

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Address: 1408 SW 47th St	City/ST: Cape Coral, FL	Zip Code: 33914
Location: 1408 SW 47th St, Cape Coral, FL	Property Type: Single Family Home	New or Resale: Resale
Square Footage: 2015	Bedrooms: 4	Bathrooms: 2
MLS# 200919470

Spectactular custom built home minutes from southernmost point of the river. This house has it all, including 16 foot vaulted ceilings in common areas; rest of home sports 10 foot ceilings, 4 bedrooms, 2 bathrooms, gigantic custom built kitchen with solid countertop surfaces; Home also has a huge 3 car garage. Georgeous canal view. This is a short sale subject to lenders approval which may result in time delays and or constraints.

Last Updated: 12/17/2009 4:39:43 PM

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Time to Move >When Your House Gets Too Big

As the Baby Boomers of the 1950s send their children off to college, they join the part of the market called "empty nesters". At this point they no longer need six bedrooms and three baths, a family room and a gigantic yard. Many "empty nesters" are trading in the family home for something that is smaller, easier to maintain and has the amenities that are important to their more carefree lifestyle. If you are considering such a move, start out by consulting a good Realtor whom you like and trust. The good news is--- when you sell your primary residence, you are not taxed on your profit if (1) you have lived in the home for two out of the last five years and (2) your gain does not exceed $250,000 as a single taxpayer or $500,000 as a married couple filing jointly. These capital gain exclusions apply whether you "buy up" to a more expensive home or "buy down" to a less expensive one. If you are moving downtown from the suburbs in order to be close to cultural centers, theaters and restaurants, there may be "quality of life" issues, such as noise or parking. Your Realtor can help you find a home that has all the conveniences and amenities you desire.

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Q	Where can you find the world's largest residential palace?
A	The Istana Nurul Iman, palace of the Sultan of Brunei, includes 2,152,782 square feet, 1,788 rooms, 257 bathrooms and a 110-car garage.
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Mike Lombardo, REALTOR�, real estate agent and broker for Cape Coral, Fort Myers and Naples, Florida home listings, property and land for sale - NUMBER1EXPERT

Mike Lombardo
C21 Sunbelt
506 SW 47th Terrace
Cape Coral, FL 33914
239-898-3445
Fax: 239-443-2473
Mike@mikelombardoteam.com

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