NOT LISTED FOR SALE

Estimated Value: $6,527,000 - $7,394,024

1.07 Acres
$6,505,151 Price per Acre
46,609 Sq Ft Lot

Last Sold April 12, 2016

Last sale price $3,150,000 $545 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $43,497/month

378 Days on Market

Highlights

  • Home fronts a seawall
  • Water access To Gulf or Ocean
  • Bay View
  • Tommie Barfield Elementary School Rated A
  • Access to a Dock
  • 1.07 Acre Lot

About This Lot

As of April 2016

One of the nicest lots available on Marco Island. This lot is over one-acre with 278 feet of direct access in the prestigious Estate-area. Forever views of Caxambas Pass and marine wildlife. BIG NEWS- lot has just been rated AE11- huge insurance and construction savings.

Last Agent to Sell the Property

James Prange

Premier Sotheby's International Realty License #0313775 Listed on: 01/28/2015

Premier Sotheby's International Realty

Last Buyer's Agent

Helga Wetzold

Premier Sotheby's International Realty License #3010328

Premier Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,526

Lot Details

  • 1.07 Acre Lot
  • Lot Dimensions are 75x331x278x218
  • Home fronts a seawall
  • Property Fronts a Bay or Harbor
  • Waterfront Tip Lot

Property Views

  • Bay
  • River

Location

  • City Lot

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 10 / 403
  • Tax Tract Number 17
  • Assessor Parcel Number 58105760006

Community Details

Overview

  • No Home Owners Association
  • Marco Island Community
  • Marco Beach Unit 13 Subdivision

Recreation

  • Water access To Gulf or Ocean
  • Property fronts gulf or ocean with access to the bay
  • Access to a Dock

Property Details

Property Type

Land

Est. Annual Taxes

$25,526

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Lot
  • Lot Size Acres: 1.07
  • Lot Size: 75X331X278X218
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Subdivision Name: Marco Beach Unit 13
  • Listing Information:Community: Marco Island
  • Listing Information:Subarea Type: Water Direct
  • Location Tax and Legal:Parcel Number: 58105760006
  • Location Tax and Legal:Tax Annual Amount: 25526.0
  • Location Tax and Legal:Tax Year: 2015
  • General Property Information:HOA YN: No
  • Location Tax and Legal:Tax Block: 403
  • Location Tax and Legal:Tax Lot: 10
  • General Property Information:Lot Size Dimensions: 75X331X278X218
  • General Property Information:Acres: 1.07
  • Water Source:Public: Yes
  • General Property Information:Land Lease YN2: No
  • Road Surface:Paved: Yes
  • Utilities:Cable Available3: Yes
  • Utilities:Electricity Available: Yes
  • Utilities:Phone Line: Yes
  • Utilities:Trash Removal: Yes
  • View:Long Water2: Yes
  • View:Wide Water2: Yes
  • View:Bay2: Yes
  • View:River2: Yes
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Build To Suit

Exterior Features

  • Lot Features: City Lot, Tip Lot
  • View: Bay, Long Water, River, Wide Water
  • Waterfront Features: Bay Front, No Bridge, Seawall, Access Gulf, Access Private Dock
  • Waterfront: Yes
  • Lot Features:Tip Lot: Yes
  • Waterfront Features:Bay Front: Yes
  • Waterfront Features:Seawall: Yes
  • Waterfront Features:Access Gulf: Yes
  • Lot Features:City Lot: Yes
  • Waterfront Features:Access Private Dock: Yes
  • Waterfront Features:No Bridge: Yes

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 46609.2
  • Parcel #: 58105760006
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 25526.0
  • Tax Block: 403
  • Tax Book Number: 4979
  • Tax Tract: 17
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2018
Sold by
Milazzo Ben and Milazzo Valarie
Bought by
Milazzo Ben and Milazzo Valarie
Current Estimated Value
$6,960,512

Purchase Details

Closed on
May 14, 2018
Sold by
Waters Patricia J
Bought by
Milazzo Ben and Milazzo Valarie

Purchase Details

Listed on
Jan 28, 2015
Closed on
Apr 11, 2016
Sold by
Smith Robert A and Smith Diana E
Bought by
Milazzo Ben and Milazzo Valarie
Seller's Agent
James Prange
Premier Sotheby's International Realty
Buyer's Agent
Helga Wetzold
Premier Sotheby's International Realty
List Price
$4,500,000
Sold Price
$3,150,000
Premium/Discount to List
-$1,350,000
-30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%

Purchase Details

Listed on
May 9, 2013
Closed on
Sep 27, 2013
Sold by
First National Bank Of Omaha
Bought by
Smith Robert A and Smith Diana E
Seller's Agent
Patrick Wilkins
Keller Williams Marco Realty
Buyer's Agent
James Prange
Results Realty Marco Island
List Price
$2,895,000
Sold Price
$2,550,000
Premium/Discount to List
-$345,000
-11.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%
Original Mortgage
$1,550,000
Interest Rate
2.65%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 9, 2013
Closed on
Aug 21, 2013
Sold by
Pape Ann L
Bought by
Smith Robert A and Smith Diana E
Seller's Agent
Patrick Wilkins
Keller Williams Marco Realty
Buyer's Agent
James Prange
Results Realty Marco Island
List Price
$2,895,000
Sold Price
$2,550,000
Premium/Discount to List
-$345,000
-11.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,550,000
Interest Rate
2.65%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 9, 2013
Closed on
Aug 20, 2013
Sold by
Lauritzen Bruce R
Bought by
Smith Robert A and Smith Diana E
Seller's Agent
Patrick Wilkins
Keller Williams Marco Realty
Buyer's Agent
James Prange
Results Realty Marco Island
List Price
$2,895,000
Sold Price
$2,550,000
Premium/Discount to List
-$345,000
-11.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,550,000
Interest Rate
2.65%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 9, 2013
Closed on
Jul 31, 2013
Sold by
First National Bank Of Omaha
Bought by
Smith Robert A and Smith Diana E
Seller's Agent
Patrick Wilkins
Keller Williams Marco Realty
Buyer's Agent
James Prange
Results Realty Marco Island
List Price
$2,895,000
Sold Price
$2,550,000
Premium/Discount to List
-$345,000
-11.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,550,000
Interest Rate
2.65%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 10, 2002
Sold by
Waters Patricia J
Bought by
Waters Patricia J
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Milazzo Ben -- Attorney
Milazzo Ben $2,600,000 Attorney
Milazzo Ben $3,150,000 Attorney
Smith Robert A -- Attorney
Smith Robert A -- Attorney
Smith Robert A -- First Title & Abstract
Smith Robert A $2,375,000 Attorney
Waters Patricia J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Robert A $1,550,000
Previous Owner Waters Patricia J $200,000
Previous Owner Waters Patricia J $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2016 04/12/16 Sold $3,150,000 -30.0% $545 / Sq Ft
02/11/2016 02/11/16 Pending -- -- --
01/28/2015 01/28/15 For Sale $4,500,000 +76.5% $779 / Sq Ft
07/31/2013 07/31/13 Sold $2,550,000 -11.9% $557 / Sq Ft
06/03/2013 06/03/13 Pending -- -- --
05/09/2013 05/09/13 For Sale $2,895,000 -- $632 / Sq Ft
Source: Marco Island Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $56,668 $6,042,243 $0 $0
2022 $59,319 $5,866,255 $0 $0
2021 $61,433 $5,695,393 $0 $0
2020 $60,259 $5,616,758 $0 $0
2019 $58,813 $5,382,148 $0 $0
2018 $27,528 $2,523,280 $0 $0
2017 $11,039 $852,383 $0 $0
2016 $10,946 $834,851 $0 $0
2015 $9,173 $829,048 $0 $0
2014 $11,157 $772,468 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marco Island Area Association of REALTORS®

MLS Number: 2150361

APN: 58105800005