NOT LISTED FOR SALE

11631 Island Ave Matlacha, FL 33993

Estimated Value: $755,000 - $1,294,000

3 Beds
3 Baths
1,866 Sq Ft
$584/Sq Ft Est. Value

Last Sold March 01, 2024

Last sale price $1,225,000 $656 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $6,120/month

119 Days on Market

Highlights

  • Boat Ramp
  • Home fronts a seawall
  • Concrete Pool
  • Cape Coral High School Rated A-
  • Access to Bay or Harbor
  • Bay View

About This Home

As of March 2024

Welcome to your dream waterfront oasis! Nestled in a charming and cozy community, this 3 bedroom, 2 bath stilt home boasts open-concept living, with a breathtaking natural backdrop. Guest quarters on the lower level, complete with a bathroom, offer privacy for guests or could serve as the ideal home office or additional living space.
Experience breathtaking sunsets and abundant wildlife from the screened-in balcony or while lounging poolside. It’s location provides direct access to the gulf, making it a paradise for boating and water enthusiasts. A private dock equipped with a 10k pound lift awaits your watercraft, ensuring convenience and easy access. Electric shutters and high-impact resistant windows ensure that your home remains secure and resilient during inclement weather, allowing you to rest easy. Tile throughout, an elevator, 2-car garage, along with many upgrades, make this home very special. Consider it not just a residence; but a lifestyle. Whether you're seeking tranquility, outdoor adventure, or a space to entertain family and friends, this waterfront home delivers it all. Don't miss the opportunity to make this your own personal paradise!

Last Agent to Sell the Property

Patricia Geer

Miloff Aubuchon Realty Group License #258028565 Listed on: 11/02/2023

Miloff Aubuchon Realty Group

Last Buyer's Agent

Dorina Soumastre

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $319

Year Built

  • Built in 2001

Lot Details

  • 5,489 Sq Ft Lot
  • Lot Dimensions are 52 x 105 x 52 x 105
  • Home fronts a seawall
  • Home fronts navigable water
  • East Facing Home
  • Rectangular Lot
  • Property is zoned TFC2

Parking

  • 2 Car Attached Garage
  • 1 Attached Carport Space
  • Garage Door Opener
  • Driveway

Home Design

  • Stilt Home
  • Florida Architecture
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,866 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Electric Shutters
  • Double Hung Windows
  • Combination Dining and Living Room
  • Workshop
  • Tile Flooring
  • Bay Views

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Saltwater Pool
  • Screen Enclosure
  • Pool Equipment or Cover

Outdoor Features

  • Access to Bay or Harbor
  • Balcony
  • Deck
  • Screened Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating and Cooling System
  • Wall Furnace
  • Power Generator
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 275
  • Assessor Parcel Number 24-44-22-10-00000.2750

Community Details

Overview

  • No Home Owners Association
  • Matlacha Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

  • Boat Ramp
  • Boat Dock
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$319

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.126
  • Lot Size: 52 x 105 x 52 x 105
  • Road Surface Type: Paved
  • Ownership: Single Family
  • Subdivision Name: MATLACHA
  • Architectural Style: Florida, Two Story, Stilt
  • Carport Y N: Yes
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2001
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Freezer, Disposal, Ice Maker, Microwave, Range, Refrigerator, Self Cleaning Oven, Wine Cooler, Washer
  • Other Equipment: Generator
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Amenities: Bidet, Built-in Features, Bathtub, Dual Sinks, Jetted Tub, Living/Dining Room, See Remarks, Separate Shower, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s), Elevator, Workshop
  • Living Area: 1866.0
  • Stories: 2
  • Window Features: Double Hung, Impact Glass, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Other, Rectangular Lot
  • Pool Features: Concrete, Electric Heat, Heated, In Ground, Pool Equipment, Screen Enclosure, Salt Water
  • Pool Private: Yes
  • View: Bay, Water
  • View: Yes
  • Waterfront Features: Bay Access, Navigable Water, Seawall
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Direction Faces: East
  • Exterior Features: Deck, Other, Shutters Electric
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Balcony, Deck, Screened
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.0
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Covered, Driveway, Garage, Paved, Two Spaces, Attached Carport, Garage Door Opener

Utilities

  • Laundry Features: Inside, Laundry Tub
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated, Shopping
  • Amenities: Boat Ramp, Park, Restaurant
  • Phone: 000-000-0000
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 24-44-22-10-00000.2750
  • Zoning Description: TFC2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 319.02
  • Tax Lot: 275
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Mar 1, 2024
Sold by
Russo Trust
Bought by
Parkinson 2000 Trust and Parkinson
Seller's Agent
Patricia Geer
Miloff Aubuchon Realty Group
Buyer's Agent
Dorina Soumastre
List Price
$1,300,000
Sold Price
$1,225,000
Premium/Discount to List
-$75,000
-5.77%
Total Days on Market
119
Views
74
Current Estimated Value
$1,090,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$134,500
Avg. Annual Appreciation
-8.56%

Purchase Details

Closed on
Jan 4, 2012
Sold by
Russo Michael D and Lee Bob
Bought by
Russo Michael D and Russo Nadine

Purchase Details

Closed on
Apr 1, 1999
Sold by
G A Ray Inc
Bought by
Russo Tr

Purchase Details

Closed on
Nov 4, 1996
Sold by
Mcmurphy Gary D and Mcmurphy Pamela J
Bought by
G A Ray Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.13%
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
Parkinson 2000 Trust $1,225,000 Omnione Title Services
Russo Michael D -- None Available
Russo Tr $80,000 --
G A Ray Inc $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Russo Michael D $150,000
Previous Owner G A Ray Inc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Pending -- -- --
03/01/2024 03/01/24 Sold $1,225,000 -5.8% $656 / Sq Ft
11/02/2023 11/02/23 For Sale $1,300,000 -- $697 / 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
2024 $321 $408,981 -- --
2023 $321 $0 $0 $0
2022 $319 $385,504 $0 $0
2021 $266 $499,859 $240,594 $259,265
2020 $259 $369,108 $0 $0
2019 $247 $360,809 $0 $0
2018 $247 $354,081 $0 $0
2017 $239 $346,798 $0 $0
2016 $228 $425,222 $190,549 $234,673
2015 $219 $390,699 $189,608 $201,091
2014 $199 $374,596 $148,935 $225,661
2013 -- $368,494 $149,846 $218,648
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223073166

Florida Gulf Coast Multiple Listing Service

APN: 24-44-22-10-00000.2750