NOT LISTED FOR SALE

11460 Caravel Cir Unit 5001 Fort Myers, FL 33908

Estimated Value: $212,179 - $240,000

2 Beds
2 Baths
1,050 Sq Ft
$458/mo HOA Fee

Last Sold February 28, 2023

Last sale price $220,000 $210 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,878/month

25 Days on Market

Highlights

  • Community Cabanas
  • Fitness Center
  • Lake View
  • Fort Myers High School Rated A
  • Gated with Attendant
  • 0.53 Acre Lot

About This Home

As of February 2023

Great unit that has really nice lake view from lanai. New Hurricane shutters. This condo is ready for your personal touch. Both bathrooms have remodeled walk in showers. Needs finish paint and flooring of your choice. The upper kitchen cabinets could probably be used with new bottom cabinets. Will also need new bath cabinets. Your opportunity to have just what you want. At this price, you have the opportunity to remodel just the way you want it. CINNAMON COVE is a gated community with a full-time activities director and is close to everything.

Last Agent to Sell the Property

Carol Ann White

Premier Florida Realty of SWFL License #397557199 Listed on: 01/29/2023

Co-Listed By

Joan Tucke

Premier Florida Realty of SWFL License #258008929

Last Buyer's Agent

Soraya Ripari

LPT Realty, LLC License #3282720

LPT Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,883

Year Built

  • Built in 1989

Lot Details

  • North Facing Home
  • Zero Lot Line

HOA Fees

  • $458 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Entry on the 1st floor
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Electric Shutters
  • Sliding Windows
  • Combination Dining and Living Room
  • Lake Views
  • Security Gate

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Parking

  • 1 Detached Carport Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Courtyard
  • Screened Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 5001 / 5
  • Assessor Parcel Number 06-46-24-31-00005.5001

Community Details

Overview

  • Association fees include management, insurance, legal/accounting, ground maintenance, pest control, recreation facilities, reserve fund, sewer, security, trash, water
  • 770 Units
  • Association Phone (239) 466-3330
  • Low-Rise Condominium
  • Terrace Subdivision
  • Car Wash Area

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Billiard Room
  • Community Library
  • Elevator
  • Bike Room

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Bocce Ball Court
  • Shuffleboard Court
  • Fitness Center
  • Community Cabanas
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,883

Year Built

Built in 1989

Lot Details

0

HOA Fees

$458 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.5334
  • Co List Office Mls Id: PFLR
  • Co List Office Phone: 239-313-7474
  • Ownership: Condo
  • Subdivision Name: TERRACE
  • Directions: North of Summerlin Road, off San Carlos Blvd, after PNC Bank, turn west (left) onto Cinnamon Cove Blvd. Show license and business card to guard at gatehouse, right on Caravel to Bldg 5 on left.
  • Architectural Style: Florida, Garden Home, Low Rise
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: No
  • Structure Type: Low Rise
  • Year Built: 1989
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Association Fee 3 Frequency: Quarterly
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Concrete, Tile
  • Interior Amenities: Living/Dining Room, Shower Only, Separate Shower, Walk-In Closet(s), Split Bedrooms
  • Living Area: 1050.0
  • Stories: 1
  • Window Features: Sliding
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Zero Lot Line
  • Pool Features: Community
  • Pool Private: No
  • View: Landscaped, Lake, Partial Buildings
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Courtyard, Storage, Shutters Electric
  • Patio And Porch Features: Porch, Screened
  • Roof: Tile

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Assigned, Covered, Guest, One Space, Detached Carport

Utilities

  • Laundry Features: Inside
  • Security: Security Gate, Gated with Guard, Gated Community
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevator, Gated, Tennis Court(s)
  • Amenities: Bocce Court, Billiard Room, Bike Storage, Cabana, Clubhouse, Fitness Center, Library, Barbecue, Picnic Area, Pickleball, Pool, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s), Vehicle Wash Area
  • Phone: 239-466-3330
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium
  • HOA Fee 3: 1375.0

Fee Information

  • Association Fee Includes: Association Management, Insurance, Legal/Accounting, Maintenance Grounds, Pest Control, Recreation Facilities, Reserve Fund, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 06-46-24-31-00005.5001
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 770

Tax Info

  • Tax Annual Amount: 1883.07
  • Tax Block: 5
  • Tax Lot: 5001
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2023
Closed on
Feb 24, 2023
Sold by
Rodney A Cannon Revocable Living Trust
Bought by
Schmenk Properties Llc
Seller's Agent
Carol Ann White
Premier Florida Realty of SWFL
Buyer's Agent
Soraya Ripari
LPT Realty, LLC
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%
Views
68
Current Estimated Value
$225,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,795
Avg. Annual Appreciation
0.93%

Purchase Details

Closed on
Jan 4, 2005
Sold by
Cannon Rodney A and Cannon Sue E
Bought by
Cannon Rodney A and Rodney A Cannon Revocable Living Trust

Purchase Details

Closed on
Mar 8, 2000
Sold by
Cooper W Ray and Cooper June
Bought by
Cannon Rodney A and Cannon Sue E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,600
Interest Rate
8.3%

Purchase Details

Closed on
Apr 15, 1996
Sold by
Gentis Florence Maxine
Bought by
Cooper W Ray and Cooper June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.93%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Schmenk Properties Llc $220,000 Omega National Title
Cannon Rodney A $34,200 --
Cannon Rodney A $89,500 --
Cooper W Ray $90,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cannon Rodney A $71,600
Previous Owner Cooper W Ray $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2023 02/28/23 Sold $220,000 -4.3% $210 / Sq Ft
02/24/2023 02/24/23 Pending -- -- --
01/29/2023 01/29/23 For Sale $230,000 -- $219 / Sq Ft
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
2025 $2,792 $159,562 -- $159,562
2024 $35 $206,987 -- $206,987
2023 $35 $1,315 $0 $1,315
2022 $2,201 $144,665 $0 $0
2021 $1,883 $131,514 $0 $131,514
2020 $1,826 $125,163 $0 $125,163
2019 $2,048 $138,890 $0 $138,890
2018 $1,939 $128,393 $0 $128,393
2017 $1,934 $127,585 $0 $127,585
2016 $1,800 $116,268 $0 $116,268
2015 $1,650 $101,700 $0 $101,700
2014 $1,583 $96,900 $0 $96,900
2013 -- $91,100 $0 $91,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223007052

Florida Gulf Coast Multiple Listing Service

APN: 06-46-24-31-00005.5001