NOT LISTED FOR SALE

Estimated Value: $162,000 - $914,000

5.91 Acres
$81,679 Price per Acre
257,440 Sq Ft Lot

Last Sold February 29, 2024

Last sale price $415,000

Est. 16% increase in value since last sale

Current estimated payment $2,864/month

156 Days on Market

Highlights

  • 5.91 Acre Lot
  • Door to Door Trash Pickup
  • Paved or Partially Paved Lot
  • Corner Fireplace

About This Lot

As of February 2024

**INCREDABLY RARE OPPORTUNITY** Nearly 6 entire acres (5.91) zoned for duplexes (RM-2). Perfect for builders and developers, accommodating large estate type lot sizes. Spoke to Lee County and at least 7 duplexes (roughly .85 acres per lot) or 14 single family homes (roughly .42 acres per lot) can be built on the current parcel - if you bring in city water that is a short distance away, even more properties can be built. It's a great property for an investor to build large 4+ bedroom on each side of a duplex -- and possibly use a section of the interior of the lot for a small park/playground to attract tenants and higher rent. Investors can also benefit by subdividing and selling the individual lots. The solid #33 soil grade ensures excellent buildability and no wetland concerns. Situated off Milwaukee Blvd and Bell Blvd, this location is experiencing explosive growth, with duplexes fetching high rents with Lee County's increasing population. Easy access to SR-82 for the beaches and SW Florida's attractions. Don't miss this chance to own such a large, duplex-zoned property!

Last Agent to Sell the Property

Matthew Larmore

DomainRealty.com LLC License #BEAR-3375915 Listed on: 08/07/2023

DomainRealty.com LLC

Last Buyer's Agent

Gabriel Eguez

Starlink Realty, Inc

Starlink Realty, Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,425

Lot Details

  • 5.91 Acre Lot
  • West Facing Home
  • Paved or Partially Paved Lot
  • Irregular Lot
  • Property is zoned RM-2

Additional Features

  • Corner Fireplace
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 13-45-27-11-00056.0000
  • Tax Block 56

Community Details

Overview

  • Lehigh Acres Condos
  • Lehigh Acres Community

Amenities

  • Door to Door Trash Pickup

Property Details

Property Type

Land

Est. Annual Taxes

$1,425

Lot Details

0

Listing Details

  • Legal Description: LEHIGH ACRES UNIT 11 BLK.56 PB 18 PG 29 ALL BLK.56
  • Property Type: Lot & Land
  • Table: Lot & Land
  • Street View Param: 1$26.561862089071$-81.57361152513018$267.61$13.33$1.00$7mwqnSHDY4uS9G4PqYFtuQ
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Gulf Access Yn: No
  • Road: County Maintained, Paved Road, Public Road

Utilities

  • Utilities Available: Cable, Electric, Phone Line, Trash Removal

Condo/Co-op/Association

  • Sub Condo Name: LEHIGH ACRES
  • Development Name: LEHIGH ACRES

Association/Amenities

  • Development: Lehigh Acres

Lot Info

  • Price Per Acre: 70219.97
  • Section: 13
  • Zoning Code: RM-2
  • Acres: 5.9100
  • Waterfront: No
  • Land Use Code: 08-Multi-Family-Less Than 10 Uni
  • Lot Description: 5 Plus Lots, Corner, Irregular Shape, Oversize, Regular
  • Lot Type: Residential Lot
  • Rear Exposure: W
  • Usage: Multi_mf, Multi_sf
  • Parcel Number: 13-45-27-11-00056.0000

Tax Info

  • Taxes: 1425.02
  • Tax Year: 2022
  • Tax Description: County Only

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2023
Closed on
Feb 29, 2024
Sold by
Lewkutz Daniel
Bought by
Malupark Llc
Seller's Agent
Matthew Larmore
DomainRealty.com LLC
Buyer's Agent
Gabriel Eguez
Starlink Realty, Inc
List Price
$679,450
Sold Price
$415,000
Premium/Discount to List
-$264,450
-38.92%
Views
59
Current Estimated Value
$482,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,722
Avg. Annual Appreciation
9.13%

Purchase Details

Closed on
Aug 2, 2023
Sold by
Pierre Elvis
Bought by
Lewkutz Daniel

Purchase Details

Closed on
Apr 15, 2011
Sold by
Sw Florida Land Twenty & One Llc
Bought by
Pierre Elvis

Purchase Details

Closed on
Aug 1, 2006
Sold by
Thibaut Randy E
Bought by
S W Florida Land Twenty One Llc

Purchase Details

Closed on
Jul 24, 2006
Sold by
S W Florida Land Eight Llc
Bought by
Thibaut Randy E and James Anthony Moore Revocable Living Tr

Purchase Details

Closed on
Jul 11, 2006
Sold by
S W Florida Land Eight Llc
Bought by
Thibaut Randy E and Moore James Anthony
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Malupark Llc $415,000 Landsel Title
Lewkutz Daniel $250,000 Landsel Title
Pierre Elvis $24,000 Fidelity National Title Of F
S W Florida Land Twenty One Llc -- Attorney
Thibaut Randy E -- Attorney
Thibaut Randy E -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2024 02/29/24 Sold $415,000 -15.2% --
01/03/2024 01/03/24 Price Changed $489,450 -29.0% --
09/18/2023 09/18/23 Price Changed $689,450 +1.5% --
08/07/2023 08/07/23 For Sale $679,450 -- --
Source: Multiple Listing Service of Bonita Springs-Estero

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 $3,979 $106,170 $106,170 --
2024 $3,979 $235,998 $235,998 --
2023 $1,653 $35,399 $0 $0
2022 $1,425 $32,181 $0 $0
2021 $1,202 $29,550 $29,550 $0
2020 $1,178 $26,595 $26,595 $0
2019 $1,161 $26,595 $26,595 $0
2018 $1,104 $26,595 $26,595 $0
2017 $1,224 $42,717 $42,717 $0
2016 $1,025 $26,595 $26,595 $0
2015 $989 $23,640 $23,640 $0
2014 -- $23,640 $23,640 $0
2013 -- $20,900 $20,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Multiple Listing Service of Bonita Springs-Estero

MLS Number: 223056941

Multiple Listing Service of Bonita Springs-Estero

APN: 13-45-27-11-00056.0000