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South Gulf Cove South Gulf Cove is a unique deed restricted waterfront community that lies to the east of Rotonda and south east of Englewood. South Gulf Cove property comprises around 15,000 deeded and platted lots of which approx 5,000 are waterfront. There are over 1,000 completed homes in South Gulf Cove currently.
Like other parts of Charlotte County, South Gulf Cove is predominantly a scattered lot community where you buy a lot and then choose any builder to build your home to either your own specification or (more usual) to a builder's model floorplan.
South Gulf Cove has 126 canals totalling approximately 55 miles. Access to the Myakka River, which flows into Charlotte Harbor from where access to the Gulf of Mexico is possible, is achieved by means a lock system at the north end of the Interceptor Lagoon. The interlocking canal system and the Interceptor Lagoon within South Gulf Cove caters for boating enthusiasts and with your own boat, dock and lift at the bottom of your garden you can really live the Florida dream!
Home prices range from under $100,000 to over $500,000. Vacant land lot prices for home building start at around $5,000 for a 80’ x 125’ greenbelt lot and around $25,000 for a canal lot with Gulf access via the Myakka River and Charlotte Harbor.
Currently, it is a great time to buy property in South Gulf Cove. Home prices peaked in the late summer of 2005, and price reductions over the past four years now present buyers with a tremendous buying opportunity. In February 2010, 14 homes were sold in South Gulf Cove,(February 2009 - 13), the average home selling price was $184,000 (February 2009 - $208,000). The highest priced home that sold in February 2010 was $340,000 and the lowest priced home that sold was $27,000.
Please contact us for more information about South Gulf Cove and the real estate opportunities that are currently available. Our hotsheet has details of our South Gulf Cove homes and lots for sale.
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