NOT LISTED FOR SALE

Estimated Value: $49,217 - $104,000

0.23 Acre
$293,713 Price per Acre
10,019 Sq Ft Lot

Last Sold November 13, 2024

Last sale price $53,900

Est. 25% increase in value since last sale

Current estimated payment $494/month

56 Days on Market

Highlights

  • 80 Feet of Fresh Water Canal Waterfront
  • Canal View
  • Level Lot
  • Cape Elementary School Rated A-
  • No HOA
  • Seawall

About This Lot

As of November 2024

Build your Custom WATERFRONT DREAM HOME on this Gorgeous, Buildable CANAL FRONT Vacant Lot on Balentine Canal in the Heart of the Highly-Sought-After Cape Coral PELICAN District! HOLY COW!

Of course, the Land is HIGH & DRY and NOT in a FLOOD ZONE, and there is NO HOA, just like Everyone Wants!

Life on a Fresh-Water CANAL Network of 22 other Canals is ideal for Fishing, Paddleboarding, Kayaking, or just sitting out on your own Dock and Watching the Sunset! You will be able to enjoy Private and Peaceful Views from Your Backyard Pool of the Waterfront that stretch into the Distance as far as you can see!

You will know the Value of Your Investment will be Safe, and you will be in good company when you see for yourself all the high-end homes already built that will be your Neighbors. When you notice many of the vacant lots around you are being Built-on this very moment, it is easy to see that Now is time to secure your own Affordable Piece to Florida Waterfront Paradise too.

Your NEW HOME on this 80-Foot Wide, 120-Foot Deep, Quarter-Acre Lot will have a Much-Desired Southern Exposure in the front giving plenty of Natural Light though out the day and the CANAL will Ensure You have no rear neighbors! You will enjoy the Convenience of Living in the midst of High-End Shopping, Grocery Stores, Entertainment, and Numerous Quality Restaurants!

Home is within Walking-Distance to a Nice 7-11 Convenience Store right across the Street too!

You’ll Never Need to Travel Far when it is less than 10 minutes to Cape Corals Well-Loved ROTARY PARK, or the JAYCEE PARK, or the CAPE CORAL YACHT CLUB with its PUBLIC BEACH near the Famous ROSE GARDEN and the EIGHT LAKES! Or Just Ride Your Bike to the nearby TARPON POINT MARINA! Easy, Fast Access to the Southwest Florida International Airport less than a 30 Minute Drive!

Easy Hookup to City Water and Sewer! Schools, HOA Info and Square Footage are Deemed Accurate, but are not Warranted.

Schools: Cape Elementary, Challenger Middle School, Cape Coral High School! Say YES!

Last Agent to Sell the Property

Scott Garrison, PA

RE/MAX TOWN & COUNTRY REALTY Brokerage Phone: 407-695-2066 License #560717 Listed on: 08/30/2024

RE/MAX TOWN & COUNTRY REALTY

Co-Listed By

Diana Sacoto

RE/MAX TOWN & COUNTRY REALTY Brokerage Phone: 407-695-2066 License #3526132

Last Buyer's Agent

Scott Garrison, PA

RE/MAX TOWN & COUNTRY REALTY Brokerage Phone: 407-695-2066 License #560717 Listed on: 08/30/2024

RE/MAX TOWN & COUNTRY REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,151

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80x125
  • 80 Feet of Fresh Water Canal Waterfront
  • South Facing Home
  • Level Lot
  • Cleared Lot
  • Property is zoned R1-W

Property Views

  • Canal Views

Schools

  • Cape Elementary School
  • Challenger Middle School
  • Cape Coral High School

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 80 / 1830
  • Assessor Parcel Number 35-44-23-C3-01830.0800

Community Details

Overview

  • No Home Owners Association
  • Pelican Condos
  • Pelican Subdivision

Recreation

  • Access to Freshwater Canal
  • Seawall

Property Details

Property Type

Land

Est. Annual Taxes

$1,151

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10019
  • Number Of Lots: 1
  • Status: Sold
  • Co List Office Mls Id: MFR54321
  • Co List Office Phone: 407-695-2066
  • Ownership: Fee Simple
  • Escrow City: Winter Springs
  • Escrow State: FL
  • Escrow Street Name: Tuskawilla Road, Ste. 105
  • RATIO Current Price By Calculate: 5.38
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • AG Exemption YN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 407-695-2066
  • Tax Year: 2023
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Direction Faces: South
  • Road Frontage Type: City Street
  • View: Water
  • Water Body Name: BALENTINE CANAL
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Disclosures: Seller Property Disclosure
  • Water Access: Canal - Freshwater
  • Water Extras: Seawall - Concrete
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 80
  • Flood Zone Panel: 12071C0403G
  • Additional Water Information: Land Will need a Seawall Installed, and has Trees Along the Canal that will need to be removed prior to starting New Construction.
  • Water Frontage Feet Canal Fresh: 80

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Street Lights, Telephone Nearby, Water Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Number Of Septics: 0
  • Number of Wells: 0

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0
  • Complex Community Name Nccb: PELICAN

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Cape Elementary
  • High School: Cape Coral High School
  • Middle Or Junior School: Challenger Middle School

Lot Info

  • Zoning: R1-W
  • Parcel Number: 35-44-23-C3-01830.0800
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Buildable, Cleared, City Limits, Level, Paved
  • Lot Dimensions: 80x125
  • Flood Zone Code: X
  • Current Adjacent Use: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 1151.48
  • Tax Block: 1830
  • Tax Book Number: 21-138
  • Tax Lot: 80

Multi Family

  • Waterfront Features: Canal - Freshwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2024
Closed on
Nov 13, 2024
Sold by
William F Passarelli Revocable Living Tr and Rhoads Jacqueline
Bought by
121 Gleason Parkway Llc
Seller's Agent
Scott Garrison, PA
RE/MAX TOWN & COUNTRY REALTY
Buyer's Agent
Scott Garrison, PA
RE/MAX TOWN & COUNTRY REALTY
List Price
$65,000
Sold Price
$53,900
Premium/Discount to List
-$11,100
-17.08%
Views
3
Current Estimated Value
$67,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,654
Avg. Annual Appreciation
25.33%
Source: Public Records

Range of Values:

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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
121 Gleason Parkway Llc $53,900 Leading Edge Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2024 11/13/24 Sold $53,900 -10.2% --
10/25/2024 10/25/24 Pending -- -- --
10/14/2024 10/14/24 Price Changed $60,000 -4.0% --
10/01/2024 10/01/24 Price Changed $62,500 -3.8% --
08/30/2024 08/30/24 For Sale $65,000 -- --
Source: Stellar MLS

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 $1,660 $74,290 $74,290 --
2024 $1,151 $28,533 -- --
2023 $1,151 $25,939 $0 $0
2022 $927 $23,581 $0 $0
2021 $796 $27,000 $27,000 $0
2020 $743 $25,700 $25,700 $0
2019 $670 $22,000 $22,000 $0
2018 $647 $21,000 $21,000 $0
2017 $616 $22,000 $22,000 $0
2016 $583 $22,000 $22,000 $0
2015 $500 $14,700 $14,700 $0
2014 $414 $11,000 $11,000 $0
2013 -- $10,100 $10,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6237543

Stellar MLS

APN: 35-44-23-C3-01830.0800