NOT LISTED FOR SALE

128 Jefferson St Fort Myers Beach, FL 33931

Estimated Value: $542,452 - $609,000

4 Beds
2 Baths
1,248 Sq Ft
$459/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $405,000 $325 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,612/month

228 Days on Market

Highlights

  • Community Beach Access
  • Room in yard for a pool
  • Concrete Block With Brick
  • Fort Myers Beach Elementary School Rated A-
  • Shutters
  • Patio

About This Home

As of April 2021

DUPLEX PROPERTY located in a WEEKLY RENTAL ZONE! Many options! 2 Bed / 1 Bath in each unit! New owner can convert to income-producing WEEKLY RENTAL PROPERTY and reap the REWARDS! 128 Jefferson is conveniently located close to shopping, restaurants, and the beautiful BEACHES of the GULF OF MEXICO! The current owner is fastidious about maintenance and the quality of this property shows through. Out back, there IS ROOM FOR A POOL! Market Demand for weekly rental VACATION LOCATIONS has historically been and is anticipated to remain strong! Make your move NOW to cash in on the rising tide!

Last Agent to Sell the Property

Alex King

Premiere Plus Realty Company License #BEAR-3251534 Listed on: 07/03/2020

Premiere Plus Realty Company

Co-Listed By

Dennis Wagaman

Premiere Plus Realty Company License #BEAR-3433847

Last Buyer's Agent

Thomas Renard

Premiere Plus Realty Company License #BEAR-3417329

Premiere Plus Realty Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,150

Year Built

  • Built in 1966

Lot Details

  • 6,573 Sq Ft Lot
  • Lot Dimensions: 75
  • Paved or Partially Paved Lot

Home Design

  • Duplex
  • Concrete Block With Brick
  • Shingle Roof
  • Stone Exterior Construction

Interior Spaces

  • 1-Story Property
  • Shutters
  • Sliding Windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Room in yard for a pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, full electric, water
  • Assessor Parcel Number 29-46-24-W1-01300.0390
  • Tax Block 1300

Community Details

Overview

  • 2 Units
  • Mid Island Unrecorded Subdivision Condos

Amenities

  • Laundry Facilities

Recreation

  • Community Beach Access

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $9,315
  • Net Operating Income $20,685

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,150

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Legal Description: MID ISLAND UNREC OR 292 PG 645 LOT 39
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.443791$-81.931478$77.40$13.33$1.00$cYmDK4CUid3Jr9VCcNqlOw
  • Building Design: Duplex
  • Building Description: 1 Story/Ranch, Duplex
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Windows: Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Road: County Maintained, Paved Road, Public Road
  • Exterior Features: Decorative Shutters, Patio, Room for Pool
  • Exterior Finish: Stone

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Association/Amenities

  • Pets: With Approval
  • Development: Mid Island Unrecorded Subdivision
  • Amenities: Beach Access, Common Laundry
  • Community Type: Non-Gated
  • Units In Building: 2

Condo/Co-op/Association

  • Sub Condo Name: MID ISLAND UNRECORDED SUBDIVISION

Lot Info

  • Lot Back: 75
  • Lot Frontage: 75
  • Lot Left: 90
  • Lot Right: 90
  • Lot Unit: 39
  • Section: 29
  • Waterfront: No
  • Zoning Code: TFC2
  • Acres: 0.1509
  • Lot Description: Regular
  • Lot Dimensions: 75 X 90
  • Parcel Number: 29-46-24-W1-01300.0390

Rental Info

  • Tenant Pays: Cable, Full Electric, Water

Tax Info

  • Tax Description: County Only
  • Taxes: 4150.00

Multi Family

  • Unit Count: 2
  • Gross Rental Income: 30000.00
  • Annual Expenses: 9315.00
  • Annual Net Operating Income: 20685.00
  • Total Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2020
Closed on
Apr 30, 2021
Sold by
Kakatsch John L and Kakatsch Jean
Bought by
Balmuri Kavitha
Seller's Agent
Alex King
Premiere Plus Realty Company
Buyer's Agent
Thomas Renard
Premiere Plus Realty Company
List Price
$459,000
Sold Price
$405,000
Premium/Discount to List
-$54,000
-11.76%
Current Estimated Value
$572,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,863
Avg. Annual Appreciation
9.22%
Original Mortgage
$303,750
Outstanding Balance
$278,180
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$316,211

Purchase Details

Closed on
Dec 11, 2008
Sold by
Kakatsch John L and Kakatsch Jean
Bought by
Kakatsch John L and Kakatsch Jean

Purchase Details

Closed on
Oct 29, 1993
Sold by
Fernandez Michael A and Fernandez Norma J
Bought by
Kakatsch John L and Kakatsch Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,800
Interest Rate
7.03%
Mortgage Type
Commercial
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
Balmuri Kavitha $405,000 Sun National Title Co Llc
Kakatsch John L -- Attorney
Kakatsch John L $111,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balmuri Kavitha $303,750
Previous Owner Kakatsch John L $88,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $405,000 -5.6% $325 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
12/18/2020 12/18/20 Price Changed $429,000 -6.5% $344 / Sq Ft
12/18/2020 12/18/20 For Sale $459,000 0.0% $368 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
11/03/2020 11/03/20 Price Changed $459,000 -16.4% $368 / Sq Ft
07/03/2020 07/03/20 For Sale $549,000 -- $440 / Sq Ft
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
2024 $6,165 $475,436 $475,436 $10
2023 $6,165 $402,913 $402,903 $10
2022 $6,846 $450,423 $249,964 $200,459
2021 $4,660 $304,430 $203,918 $100,512
2020 $4,241 $256,781 $203,825 $52,956
2019 $4,150 $250,322 $164,375 $85,947
2018 $4,055 $247,099 $164,375 $82,724
2017 $3,952 $242,250 $138,075 $104,175
2016 $3,793 $238,555 $138,075 $100,480
2015 $3,354 $191,595 $138,075 $53,520
2014 $3,077 $173,598 $138,075 $35,523
2013 -- $158,095 $140,500 $17,595
Source: Public Records

Agents Affiliated with this Home

  • Alex King

    Seller's Agent in 2021

    Alex King

    Premiere Plus Realty Company

    (239) 849-3663

    256 in this area

    297 Total Sales

    Alex King
    Section Image
  • Dennis Wagaman

    Seller Co-Listing Agent in 2021

    Dennis Wagaman

    Premiere Plus Realty Company

    (239) 940-7749

    96 in this area

    107 Total Sales

    Dennis Wagaman
    Section Image

  • T

    Buyer's Agent in 2021

    Thomas Renard

    Premiere Plus Realty Company

    (239) 747-4338

    5 in this area

    5 Total Sales

    Thomas Renard
    Section Image
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Map

Source: Multiple Listing Service of Bonita Springs-Estero

MLS Number: 220042895

Multiple Listing Service of Bonita Springs-Estero

APN: 29-46-24-W1-01300.0390

Florida Lee County Fort Myers Beach 33931

128 Jefferson St, Fort Myers Beach, FL

This home is located at 128 Jefferson St, Fort Myers Beach, FL 33931 since 03 July 2020 and is currently estimated at $572,863, approximately $459 per square foot. This property was built in 1966. 128 Jefferson St is a home located in Lee County with nearby schools including Fort Myers Beach Elementary School, Cypress Lake Middle School, and Bonita Springs Middle Center for the Arts.

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Multiple Listing Service of Bonita Springs-Estero IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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