NOT LISTED FOR SALE

Estimated Value: $307,677

0.44 Acre
$692,966 Price per Acre
19,341 Sq Ft Lot

Last Sold April 05, 2024

Last sale price $345,000

Est. 11% decrease in value since last sale

Current estimated payment $2,027/month

230 Days on Market

Highlights

  • Lake Front
  • Cape Elementary School Rated A-
  • Canal View

About This Lot

As of April 2024

ONE OF A KIND!! Prime Multifamily Development Property. Enjoy the beautiful waterfront on Rubican Canal, with unobstructed views greater than 600 ft. Take the intersecting Honolulu canal for GULF ACCESS (one bridge) via the Caloosahatchee River. Excellent location for townhomes or short term rentals. The amazing property is zoned for Multi Family and is a triple over-sized lot! Dimensions of 125 feet deep and 200 feet of seawall for a grand total of 19320 sq ft, the lot can accommodate up to 7 units. ALL UTILITIES ARE IN AND PAID. This waterfront lot is nestled in a very quiet and attractive residential neighborhood, with recent construction of several homes by Lennar. It is conveniently located close to shopping, banks, restaurants, hospitals and schools.

Last Agent to Sell the Property

George Traikos

Traikos Real Estate License #278022051 Listed on: 08/18/2023

Last Buyer's Agent

Jennifer High

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,106

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 110 x 125 x 200 x 125
  • Lake Front
  • Home fronts a canal
  • Northwest Facing Home
  • Irregular Lot
  • Cleared Lot
  • Property is zoned R3-W

Property Views

  • Canal Views

Utilities

  • Sewer Assessments
  • Cable TV Available

Community Details

  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 11 / 760
  • Assessor Parcel Number 19-44-24-C4-00760.0110

Property Details

Property Type

Land

Est. Annual Taxes

$3,106

Lot Details

0

Listing Details

  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Lot Size Acres: 0.444
  • Lot Size: 110 x 125 x 200 x 125
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: Use GPS
  • Property Sub Type Additional: Commercial,Unimproved Land
  • Special Features: VirtualTour

Interior Features

  • Possible Use: See Remarks

Exterior Features

  • Lot Features: Cleared, Irregular Lot, Multiple lots, See Remarks
  • View: Canal
  • Waterfront Features: Intersecting Canal, Lake
  • Waterfront: Yes
  • Disclosures: Familial Relation
  • Direction Faces: Northwest

Utilities

  • Sewer: Assessment Paid
  • Utilities: Cable Available, Electricity Available, Sewer Available, Trash Collection, Water Available
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Multi-Family
  • Parcel #: 19-44-24-C4-00760.0110
  • Zoning Description: R3-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3105.79
  • Tax Block: 760
  • Tax Lot: 11
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Apr 5, 2024
Sold by
Little River Plaza Llc
Bought by
Stooksbury Justin Thomas
Seller's Agent
George Traikos
Traikos Real Estate
Buyer's Agent
Jennifer High
List Price
$375,000
Sold Price
$345,000
Premium/Discount to List
-$30,000
-8%
Views
40
Current Estimated Value
$307,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,323
Avg. Annual Appreciation
-3.26%

Purchase Details

Listed on
Feb 20, 2019
Closed on
Mar 27, 2020
Sold by
J & W Land Trust Llc
Bought by
Little River Plaza Llc
Seller's Agent
Jennafer Snyder
Realty One Group MVP
Buyer's Agent
George Traikos
Traikos Real Estate
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.06%

Purchase Details

Closed on
Sep 4, 2013
Sold by
Lee County Holdings Llc
Bought by
J & W Land Trust Llc

Purchase Details

Closed on
Aug 21, 2013
Sold by
Fifth Third Mortgage Company
Bought by
Lee County Holdings Llc

Purchase Details

Closed on
Jul 26, 2013
Sold by
Buehler Elfriede
Bought by
Fifth Third Mortgage Company

Purchase Details

Closed on
Feb 17, 2006
Sold by
Voelkl Southwest Inc
Bought by
Buehler Elfriede

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
7.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 2, 2001
Sold by
Cape Waterview Apt Corp
Bought by
Voelkl Southwest Inc

Purchase Details

Closed on
May 15, 1998
Sold by
Cape Coral Paradise Inc
Bought by
Cape Waterview Apt Corp

Purchase Details

Closed on
May 11, 1998
Sold by
Cape Inv Group Inc
Bought by
Cape Coral Paradise Inc

Purchase Details

Closed on
Mar 21, 1998
Sold by
Krych Richard A and Krych Robert R
Bought by
Cape Inv Group Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Stooksbury Justin Thomas $345,000 Superior Title
Little River Plaza Llc $145,000 Omega National Ttl Agcy Llc
J & W Land Trust Llc $99,900 Title Specialists Of The Gul
Lee County Holdings Llc $85,000 Servicelink Llc
Fifth Third Mortgage Company $62,100 None Available
Buehler Elfriede $350,000 --
Voelkl Southwest Inc $240,000 --
Cape Waterview Apt Corp $135,000 --
Cape Coral Paradise Inc $55,000 --
Cape Inv Group Inc $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buehler Elfriede $262,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $345,000 -10.4% --
04/05/2024 04/05/24 Pending -- -- --
10/13/2023 10/13/23 Price Changed $385,000 +2.7% --
08/18/2023 08/18/23 For Sale $375,000 +158.6% --
03/30/2020 03/30/20 Sold $145,000 -3.3% --
02/29/2020 02/29/20 Pending -- -- --
02/20/2019 02/20/19 For Sale $150,000 -- --
Source: Florida Gulf Coast Multiple Listing Service

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
2024 $3,878 $151,734 -- --
2023 $3,878 $137,940 $0 $0
2022 $3,106 $125,400 $0 $0
2021 $2,584 $114,000 $114,000 $0
2020 $2,610 $114,400 $114,400 $0
2019 $2,469 $114,400 $114,400 $0
2018 $2,401 $114,400 $114,400 $0
2017 $2,601 $160,370 $160,370 $0
2016 $1,950 $80,600 $80,600 $0
2015 $1,905 $78,000 $78,000 $0
2014 $1,887 $76,700 $76,700 $0
2013 -- $86,400 $86,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223059093

Florida Gulf Coast Multiple Listing Service

APN: 19-44-24-C4-00760.0110