NOT LISTED FOR SALE

126 Tropical Shore Way Fort Myers Beach, FL 33931

Estimated Value: $1,010,000 - $1,708,000

4 Beds
3.5 Baths
1,500 Sq Ft
$906/Sq Ft Est. Value

Last Sold November 14, 2018

Last sale price $715,000 $477 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $8,240/month

167 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Canal Access
  • Fort Myers Beach Elementary School Rated A-
  • Concrete Pool
  • Deck

About This Home

As of November 2018

Accepting Backup Offers at this time. Opportunity Knocks! Waterfront Duplex Home WEEKLY rental INCOME Location. Huge Income opportunity from this street. Already, several in the vicinity are converting to NEW construction. This is a special location, under 3 minutes to the Beach, under 10 minutes to the Pier and shops and offers a Potential income of $100,000. . Huge Boathouse and an amazing Entertainment area right on the water. The home has gorgeously manicured with outside relaxing areas. Imagine sipping your coffee or cocktail in the Waterfront Entertainment-Boat deck area looking at boats go by. Boat to a dozen nearby restaurants. Excellent for redevelopment and new construction. Updated Interior and Exterior Features beautiful and durable wood style flooring, new kitchens with granite counters, tile bathrooms. Unit 1: TS126 (Right Unit) Beds/ Baths: 2/2 |Full Kitchen |Laundry Unit 2 TS128 (Left Unit) Beds/Baths: 2/1.5 |Full Kitchen |Laundry Outdoor Shower| Large Heated Pool| Screened and covered "common" area below Unit 128 deck. Property has Large covered Boat House (40 ft) with 13ft clearance at highest tide and average 14 ft average clearance.

Last Agent to Sell the Property

Thaddeus Deitriech

Paradise Realty of SWFL LLC License #258500138 Listed on: 04/30/2018

Co-Listed By

Helen Deitriech

Paradise Realty of SWFL LLC License #258500134

Last Buyer's Agent

Kathryn Klar

Fort Myers Beach Realty License #263005468

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,674

Year Built

  • Built in 1975

Lot Details

  • 7,841 Sq Ft Lot
  • Home fronts a seawall
  • Rectangular Lot
  • Property is zoned TFC2

Home Design

  • Stilt Home
  • Pillar, Post or Pier Foundation
  • Shingle Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Shutters
  • Sliding Windows
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Canal Access
  • Deck
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

  • Tenant pays for janitorial service
  • Legal Lot and Block 44 / 451
  • Assessor Parcel Number 19-46-24-W3-00451.0440

Community Details

Overview

  • Hills T.P. Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,674

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Co List Office Mls Id: FPRSW
  • Co List Office Phone: (239) 463-0110
  • Subdivision Name: HILLS T.P.
  • Directions: Estero Blvd to Tropical Shores Way (street is north boundary of former Topps Plaza).
Address is on right side of street.
  • Architectural Style: Stilt, Duplex
  • Structure Type: Duplex
  • Year Built: 1975
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Furnished: Negotiable
  • Number Of Buildings: 1
  • Private Spa: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Wood
  • Interior Amenities: High Speed Internet
  • Window Features: Sliding, Shutters

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Concrete, Electric Heat, Heated, In Ground
  • Pool Private: Yes
  • Waterfront Features: Canal Access, Seawall
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Construction Type: Frame, See Remarks
  • Exterior Features: Deck, Outdoor Grill, Outdoor Shower
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 19-46-24-W3-00451.0440
  • Zoning Description: TFC2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Janitorial Service, See Remarks

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6674.0
  • Tax Block: 451
  • Tax Lot: 44
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2022
Sold by
Johnson and Nancy
Bought by
Tropical Shores 126 Llc
Current Estimated Value
$1,359,000

Purchase Details

Listed on
Apr 30, 2018
Closed on
Nov 13, 2018
Sold by
Richardson D Alan
Bought by
Johnson Kevin and Johnson Nancy
Seller's Agent
Thaddeus Deitriech
Paradise Realty of SWFL LLC
Buyer's Agent
Kathryn Klar
Fort Myers Beach Realty
List Price
$895,000
Sold Price
$715,000
Premium/Discount to List
-$180,000
-20.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.67%
Original Mortgage
$365,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2012
Sold by
Desoto Holdings Inc
Bought by
Richardson D Alan

Purchase Details

Closed on
Aug 15, 2012
Sold by
Livin Dahler Leroy J
Bought by
Desoto Holdings Inc

Purchase Details

Closed on
Feb 11, 2008
Sold by
Dahler Leroy J
Bought by
Dahler Leroy J
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
Tropical Shores 126 Llc -- Davies Duke Pllc
Johnson Kevin $715,000 Omega Land Title Llc
Richardson D Alan $375,000 Equity National Title Llc
Desoto Holdings Inc $250,000 Equity National Title Llc
Dahler Leroy J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Kevin $365,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2018 11/14/18 Sold $715,000 -20.1% $477 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $895,000 -- $597 / 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 $13,515 $908,646 -- --
2024 $13,515 $826,042 -- --
2023 $9,777 $664,520 $664,510 $10
2022 $9,633 $508,083 $0 $0
2021 $7,792 $576,868 $486,261 $90,607
2020 $6,651 $419,904 $408,100 $11,804
2019 $7,622 $483,692 $408,100 $75,592
2018 $6,688 $426,360 $408,100 $18,260
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Thaddeus Deitriech

    Paradise Realty of SWFL LLC

    (239) 463-9277

    10 in this area

    16 Total Sales

    Thaddeus Deitriech
    Section Image
  • Helen Deitriech

    Seller Co-Listing Agent in 2018

    Helen Deitriech

    Paradise Realty of SWFL LLC

    (239) 321-1778

    5 in this area

    10 Total Sales

    Helen Deitriech
    Section Image

  • K

    Buyer's Agent in 2018

    Kathryn Klar

    Fort Myers Beach Realty

    (561) 346-6616

    10 in this area

    26 Total Sales

    Kathryn Klar
    Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218032233

Florida Gulf Coast Multiple Listing Service

APN: 19-46-24-W3-00451.0440

Florida Lee County Fort Myers Beach 33931

126 Tropical Shore Way, Fort Myers Beach, FL

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