RARE SANIBEL BANK OWNED FORECLOSURE PRICED OVER $100,000 B E L O W LAND VAUE. TO BE SOLD 'AS-IS' WITH INSPECTION RIGHTS. ON CUL-DE-SAC,CANAL FRONT AND WALK TO BEACH LOCATION. LEE COUNTY TAX RECORDS INDICATE THIS HOUSE SOLD FOR $1.8 MILLION 5/11/2007 AND CURRENT TAX ASSESSED VALUE IS SHOWN AS $1,087,160. VERY NEARBY VACANT LOT (PARCEL 'J') WITH MUCH LESS CANAL FRONTAGE SOLD FOR $750,000 ON 1/20/09. CASH, PRE-APPROVAL OR PRE-QUALIFICATION LETTER REQUIRED WITH OFFER. THE KITCHEN HAS BEEN UPGRADED WITH UPSCALE APPLIANCES AND GRANITE COUNTER TOPS. TILE IN MOST ROOMS EXCEPT BEDROOMS. VOLUME CEILINGS IN MOST ROOMS. UNIQUE FLOOR PLAN WITH POOL AS FOCAL POINT FROM ALL ROOMS. GROUND LEVEL HAS TREMENDOUS STORAGE. HOUSE, BOAT DOCK AND LIFT REQUIRE REPAIRS...THUS THE BARGAIN PRICE! CITY SEWER IS AVAILABLE AT CURB BUT HAS NOT BEEN CONNECTED - TO BE DONE AT BUYER EXPENSE. REAL ESTATE TAXES SHOULD DECREASE SIGNIFICANTLY UPON SALE. THIS TRULY IS A ONCE IN A LIFETIME OPPORTUNITY!
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