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Three-year record set on $2.8M home sale

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  • | 12:56 p.m. October 1, 2016
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A home in Tarpon Point Marina in Cape Coral was bought for $2.8 million, the highest priced sale in the city in the last three years.

The 9,538-square-foot home, with 6,128 square feet under air, has four bedrooms and seven bathrooms, according to a release. A Michigan entrepreneur bought the home, at 6016 Tarpon Estates Boulevard, which was built by PGI Homes, designed by Richard Guzman and sold furnished and decorated by Robb and Stucky, the release adds.

Ted Stout, managing broker of Realmark Realty represented the seller. Cape Coral Realtor Lenora Marshall represented the buyer.

Stout was the listing agent on the last highest priced sale in Cape Coral prior to the Tarpon Estates deal. That one was for a $5.3 million sale for a home on Armada Court.

“The luxury home market has been very slow since November of 2015, likely due to the strength of the US dollar,” Stout says in the release. “A sale of this significance is an indicator of a strengthening economy and real estate sector. It was exciting to be part of it.”


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