At those prices for the first two, I have to wonder what the neighborhood is like. They both are on the same street and at the end of canal. There' has to be issues with flooding or something. To have 2 homes that close at that price not selling says something isn't quite right
That first one at $425k is likely going to sell soon. It’s only been on the market a few days. The second one just started out priced way too high so it’s been on the market awhile, and it’s just now getting closer to where it should be. They’re both also pretty far from open water. This area didn’t see any flooding during Hurricane Ian.
@@Russ15076 It looked like there was an apartment or condo building at the end of the canal(right next door to the new construction home). I wonder if that may be a deterrent for some people buying a single family home(because they think it will negatively impact their property value or may bring excess noise). I can say as a single female, I would not purchase that new construction home because I would not want all those back patios overlooking my backyard. I would rather pay extra for more privacy.
Hi! The answer is yes, but not these specific homes. There are plenty of homes with that size vessel docked behind them on a canal, but you’ll normally only see them on the deeper and wider canals that have direct access (no bridges to go under to get out). An average Cape Coral lot has 80 feet of seawall water frontage, so the main concern is having enough room for draft and for navigating in and out of the canal.
Thanks so much! I certainly will do more of these comparative videos. You should probably plan on roughly 5-6 months to build a pool these day - that’s for the entire process. A month or two of that will be the permit process, so if you plan on that timeline, then you can be pleasantly surprised if they get it done in 4 months or so. That’s what I’d do.
just found ya 1st video and you got a sub ill be watching more good content thank you sir your team members disappeared lol great looking family kudos to you
Hi! Thanks for watching! I personally don’t have any direct gulf-access (sailboat access) lot listings right now, but I have many colleagues that do if you’d like me to send you some select ones. The absolute vast majority of homes in SW Florida are slab on grade homes. The stilt homes on pilings are mostly found on or around the barrier islands like Sanibel/ Captiva and Fort Myers Beach. There are a few here and there elsewhere but those places right on the Gulf like that are the places where stilt homes are essentially code now. Cape Coral has the highest number of Gulf-access homes that are slab on grade, but are still out of the FEMA flood zone. There are even sailboat access homes that are not in a flood zone here. Many of, especially, the newer construction homes have brought in enough fill dirt to raise the base level of the slab up enough to get them above flood zone elevation. Obviously, if the lot elevation is close enough to where you can do that when you’re building a new home, there’s a significant benefit to it.
Third house really seems like a diamond in the rough. Quick gulf access, not in a flood zone, and a huge backyard for that bargain price?! Wow! Just needs some updating, which wouldn’t even cost that much since it’s a smaller home. I never see backyards that big in CC and not paying for flood(when other older homes are paying $12K a year😭) is such a bonus. First home has some nice upgrades. Truly shocked that you are also getting a generator and impact windows and doors for that price🤯 Great finds! Hope you put your A team to work!😂
How these aren't north of $600K is beyond me. You're a darn magician and great at what you do! Do you think a new const. 3/2 with a 2/2 duplex in SE Cape for under $850 is possible, Dustin?
Thank you! Yes, there are a couple available now around the $600-650k range. They’re just not going to be waterfront. I can send you the listings if you’d like. Shoot me an email or text - 239-297-1583 / SWFLDustin@gmail.com
Sounds good. It’s possible to find a lot and build one for that range. Not a ton of vacant gulf access duplex lots left in the SE, but we can dig into it when the time is right.
Both NFIP policies and private insurers cover AE flood zone homes. It’s just usually much more expensive than it was prior to the Risk Rating 2.0 that FEMA enacted in October of 2021.
They did a pretty good job with that first one for $425k. Definitely not top shelf cabinets but still surprised me with the updates at that price point. Thanks for watching!
1) Flood Zone and 45minby boat to Gulf access... Not Good 2) 1700 sq ft... 4 BR?? Canal End? Not Good.3) Right off DelPrado Better Gulf Access and NOT Flood Zone.... Better. but still Not Good 4)Small and In N. Ft. Myers... Access to Gulf is Long ride (1 hr.) to Gulf. NOT GOOD. Also... You need to Clarify "Open Water" It is Open wate rto the Caloosahatchee River... NOT the Gulf of MX. GOM is another hour away.
If it was purchased as a primary residence, taxes would likely be around $5k a year. Not a primary residence would make it about $5700. For both homeowner’s and flood insurance, I’d plan for around $5k a year. Might be less or more depending on the elevation certificate. Most of that would be for flood insurance. Homeowner’s should be relatively inexpensive once the discounts for a new roof and impact windows and doors are considered.
Everyone in Florida should have flood insurance regardless of whether or not you're in a flood zone. We just saw it as Debbie rolled through. You do not want to be the guy on the news explaining how you lost everything and you don't have insurance.
Who knew living on the water could be so accessible! And tell that A team to keep up the great work ❤️
I sure will!
Buying a house like that and keeping it are two different things. Taxes and property insurance will kill you.
pay cash go uninsured
Appreciate the pro and cons of each property
Thanks and thanks for watching!
At those prices for the first two, I have to wonder what the neighborhood is like. They both are on the same street and at the end of canal. There' has to be issues with flooding or something. To have 2 homes that close at that price not selling says something isn't quite right
That first one at $425k is likely going to sell soon. It’s only been on the market a few days. The second one just started out priced way too high so it’s been on the market awhile, and it’s just now getting closer to where it should be. They’re both also pretty far from open water. This area didn’t see any flooding during Hurricane Ian.
@@Russ15076 It looked like there was an apartment or condo building at the end of the canal(right next door to the new construction home). I wonder if that may be a deterrent for some people buying a single family home(because they think it will negatively impact their property value or may bring excess noise). I can say as a single female, I would not purchase that new construction home because I would not want all those back patios overlooking my backyard. I would rather pay extra for more privacy.
I’m sure that’s definitely part of it. Those are all apartments. Our office has that building listed right now, so they’re all rental units.
Do any of these canal type homes have ability to keep a larger boat - say 55-60 feet?
Hi! The answer is yes, but not these specific homes. There are plenty of homes with that size vessel docked behind them on a canal, but you’ll normally only see them on the deeper and wider canals that have direct access (no bridges to go under to get out). An average Cape Coral lot has 80 feet of seawall water frontage, so the main concern is having enough room for draft and for navigating in and out of the canal.
Thanks for the videos.
Thanks for watching them!
Hey Dustin, I really liked this type of video. Hope you do more content, like this.
How long does it usually take to have a pool built?
Thanks so much! I certainly will do more of these comparative videos. You should probably plan on roughly 5-6 months to build a pool these day - that’s for the entire process. A month or two of that will be the permit process, so if you plan on that timeline, then you can be pleasantly surprised if they get it done in 4 months or so. That’s what I’d do.
At the end of 2025 early 2026 those properties will be under 175k😮😮😮
Your “dirt cheap “ and my “dirt cheap “ aren’t in the same ballpark
just found ya 1st video and you got a sub ill be watching more good content thank you sir your team members disappeared lol great looking family kudos to you
Great! Thanks so much for watching and for the kind words!
Great video
Thanks so much!
do you have any sailboat lots? …are all these houses “ slab on grade?”. or any up on posts , keys style ?
Hi! Thanks for watching! I personally don’t have any direct gulf-access (sailboat access) lot listings right now, but I have many colleagues that do if you’d like me to send you some select ones. The absolute vast majority of homes in SW Florida are slab on grade homes. The stilt homes on pilings are mostly found on or around the barrier islands like Sanibel/ Captiva and Fort Myers Beach. There are a few here and there elsewhere but those places right on the Gulf like that are the places where stilt homes are essentially code now. Cape Coral has the highest number of Gulf-access homes that are slab on grade, but are still out of the FEMA flood zone. There are even sailboat access homes that are not in a flood zone here. Many of, especially, the newer construction homes have brought in enough fill dirt to raise the base level of the slab up enough to get them above flood zone elevation. Obviously, if the lot elevation is close enough to where you can do that when you’re building a new home, there’s a significant benefit to it.
My Brothers place in Fort Myers had some minor flooding, he had a $40K claim. His insurance has gone from $1,800 to almost $6,000.
😮😮😮😮😮😮😢😢😢😢
nice job captain
Third house really seems like a diamond in the rough. Quick gulf access, not in a flood zone, and a huge backyard for that bargain price?! Wow! Just needs some updating, which wouldn’t even cost that much since it’s a smaller home. I never see backyards that big in CC and not paying for flood(when other older homes are paying $12K a year😭) is such a bonus.
First home has some nice upgrades. Truly shocked that you are also getting a generator and impact windows and doors for that price🤯
Great finds! Hope you put your A team to work!😂
Not being in a flood zone is definitely a huge perk! Thanks so much for watching and for your comment! I definitely put those kids to work! 😂
Is that an apartment complex right next door?…..no way and no thanks. Apartments get run-down fast…you’ll have all those “undesirables” next door.
Habla?? Or youse guys. More and more undesirables. Ruining capa coral, Punta Gorda, Naples, marco.
How these aren't north of $600K is beyond me. You're a darn magician and great at what you do!
Do you think a new const. 3/2 with a 2/2 duplex in SE Cape for under $850 is possible, Dustin?
Thank you! Yes, there are a couple available now around the $600-650k range. They’re just not going to be waterfront. I can send you the listings if you’d like. Shoot me an email or text - 239-297-1583 / SWFLDustin@gmail.com
@@CapeCoralDustin
Will be calling you in the future, but it's gotta be on the water. Bucket list thing.
Sincerely,
Doc AJ
Sounds good. It’s possible to find a lot and build one for that range. Not a ton of vacant gulf access duplex lots left in the SE, but we can dig into it when the time is right.
Flooding zone in Florida insurance doesn’t cover no more
Both NFIP policies and private insurers cover AE flood zone homes. It’s just usually much more expensive than it was prior to the Risk Rating 2.0 that FEMA enacted in October of 2021.
They all look like a cheap flip but not bad for the price
They did a pretty good job with that first one for $425k. Definitely not top shelf cabinets but still surprised me with the updates at that price point. Thanks for watching!
1) Flood Zone and 45minby boat to Gulf access... Not Good 2) 1700 sq ft... 4 BR?? Canal End? Not Good.3) Right off DelPrado Better Gulf Access and NOT Flood Zone.... Better. but still Not Good 4)Small and In N. Ft. Myers... Access to Gulf is Long ride (1 hr.) to Gulf. NOT GOOD. Also... You need to Clarify "Open Water" It is Open wate rto the Caloosahatchee River... NOT the Gulf of MX. GOM is another hour away.
Just wait till hurricane season they will go on sale
lol, we’re in hurricane season now
Are all the waterways man made or were they natural?
The canals were all man made in the mid 20th century.
Approximate taxes and insurance on home one?
If it was purchased as a primary residence, taxes would likely be around $5k a year. Not a primary residence would make it about $5700. For both homeowner’s and flood insurance, I’d plan for around $5k a year. Might be less or more depending on the elevation certificate. Most of that would be for flood insurance. Homeowner’s should be relatively inexpensive once the discounts for a new roof and impact windows and doors are considered.
Everyone in Florida should have flood insurance regardless of whether or not you're in a flood zone. We just saw it as Debbie rolled through. You do not want to be the guy on the news explaining how you lost everything and you don't have insurance.
all 3 r still over priced. if one wanted a pool and lani, that puts them closer to $500K
When did $450k become affordable?
People don't think Biden economics be as they are, but it do.
No way no thank you not in florida
Not worth it
This guy is a more on