NOT LISTED FOR SALE

Estimated Value: $202,000 - $1,332,000

11.31 Acres
$67,253 Price per Acre
492,664 Sq Ft Lot

Last Sold August 05, 2022

Last sale price $750,000

Est. 1% increase in value since last sale

Current estimated payment $4,429/month

279 Days on Market

Highlights

  • View of Trees or Woods
  • 11.31 Acre Lot
  • Oversized Lot
  • Waterfront
  • Canal Access

About This Lot

As of August 2022

DOWNTOWN Lehigh Acres! Prime Development Opportunity, 11.31 +/- acres currently zoned RM-2 Multi-Family. Parcel is in the Lee County Mixed-Use Overlay Zone and Intensive Development Future Land Use allowing for more flexibility and less regulations, potential benefits are bonus density, increased heights potential, lower fees, reduction in parking requirements.
Potential for rezoning to Commercial (adjacent property has been rezoned to Commercial C-2 this year).
Buyer to verify permitted uses before making an offer.

Last Agent to Sell the Property

Simone Eaton

Sun & Comfort Management Inc License #258007336 Listed on: 10/25/2021

Last Buyer's Agent

Alec Salameh

Coldwell Banker Realty License #258028496

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,293

Lot Details

  • 11.31 Acre Lot
  • Waterfront
  • Northeast Facing Home
  • Oversized Lot
  • Irregular Lot
  • Property is zoned RM-2

Property Views

  • Woods
  • Canal

Utilities

  • Water Not Available
  • Sewer Not Available

Listing and Financial Details

  • Tax Block 11
  • Assessor Parcel Number 31-44-27-05-00011.0000

Community Details

Overview

  • Lehigh Acres Subdivision

Recreation

  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$2,293

Lot Details

0

Listing Details

  • Property Sub Type: Acreage
  • Prop. Type: Land
  • Lot Size Acres: 11.31
  • Road Surface Type: Paved
  • Subdivision Name: LEHIGH ACRES
  • Directions: From Homestead Rd go south on Beth Stacey Blvd., left on roundabout to Business Way. Parcel is on the right starting at corner of Beth Stacey Blvd. and Business Way to S Loop Blvd., right on S Loop Blvd. continues behind the Post Office to Business Way.
  • Property Sub Type Additional: Acreage
  • Special Features: None

Exterior Features

  • Lot Features: Irregular Lot, Oversized Lot, Acreage
  • View: Canal, Trees/Woods
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Direction Faces: Northeast

Utilities

  • Cooling: See Remarks
  • Sewer: None
  • Utilities: None, Sewer Not Available, Water Not Available
  • Water Source: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Multi-Family
  • Parcel #: 31-44-27-05-00011.0000
  • Zoning Description: RM-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2293.44
  • Tax Block: 11
  • Tax Lot: 0000
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Jul 5, 2022
Sold by
La Cleveland Llc
Bought by
Greek Foods International Inc
Seller's Agent
Simone Eaton
Sun & Comfort Management Inc
Buyer's Agent
Alec Salameh
Coldwell Banker Realty
List Price
$995,000
Sold Price
$750,000
Premium/Discount to List
-$245,000
-24.62%
Current Estimated Value
$760,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,634
Avg. Annual Appreciation
0.46%

Purchase Details

Closed on
Dec 15, 2010
Sold by
Royston Robert D
Bought by
La Cleveland Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.42%
Mortgage Type
Unknown
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
Greek Foods International Inc $750,000 Sunbelt Title
La Cleveland Llc $700,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner La Cleveland Llc $250,000
Previous Owner Royston Robert D $1,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $750,000 -24.6% --
08/01/2022 08/01/22 Pending -- -- --
10/25/2021 10/25/21 For Sale $995,000 -- --
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 $3,419 $150,570 -- --
2023 $3,419 $136,882 $1,327,525 $0
2022 $2,505 $54,194 $0 $0
2021 $2,337 $62,205 $62,205 $0
2020 $2,293 $56,550 $56,550 $0
2019 $2,257 $40,716 $40,716 $0
2018 $2,137 $40,716 $40,716 $0
2017 $2,928 $155,525 $155,525 $0
2016 $1,966 $40,716 $40,716 $0
2015 $1,969 $40,716 $40,716 $0
2014 $1,868 $40,716 $40,716 $0
2013 -- $34,400 $34,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221075639

Florida Gulf Coast Multiple Listing Service

APN: 31-44-27-05-00011.0000