NOT LISTED FOR SALE

131 Tranquility Way Unit 16H Cape Canaveral, FL 32920

Estimated Value: $212,774 - $269,000

2 Beds
2 Baths
1,038 Sq Ft
$377/mo HOA Fee

Last Sold July 08, 2021

Last sale price $190,000 $183 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,874/month

7 Days on Market

Highlights

  • Waterfront Community
  • Boat Ramp
  • River Access
  • Cocoa Beach Junior/Senior High School Rated A
  • Dock made with wood
  • Fitness Center

About This Home

As of July 2021

Welcome to your ready-to-go Florida condo! Fully furnished, this full two bedroom/two bath split plan condo features attractive nautical themed decor, durable waterproof vinyl plank flooring, newer A/C (2019), and screen enclosed porch overlooking beautiful treed landscaping. Located in the established and well maintained Cape Shores riverfront community, it sits between the Atlantic Ocean (public beach access only .4 miles away!) and the Banana River, and is close to shopping, dining, entertainment and more! Enjoy gorgeous sunsets over the Banana River on the community dock. Take in all of the amenities Cape Shores has to offer including a swimming pool, sauna, billiards room, clubhouse, workout room, putting green, and shuffleboard courts, dedicated car wash areas, and boat dock, launch and fishing pier. Just minutes to Port Canaveral, 45 minutes to Disney, Orlando Airport, Kennedy Space Center and a short commute for Aerospace Employees. Boat slips and Kayak racks are included in your monthly condo fee (waiting list may apply to both), along with all the other wonderful resort-like amenities, and the exterior maintenance/landscaping, cable, internet, and water. Truly care free living! Whether you are looking for your primary residence, or a seasonal or weekend getaway to relax and unwind, this place is for you. Don't miss out. See TODAY!

Last Agent to Sell the Property

Rebecca Puig

CHARLES RUTENBERG REALTY ORLANDO License #3219456 Listed on: 05/28/2021

CHARLES RUTENBERG REALTY ORLANDO

Last Buyer's Agent

Barbara Schluraff

CENTURY 21 OCEAN License #3244369

CENTURY 21 OCEAN

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,743

Year Built

  • Built in 1973

Lot Details

  • North Facing Home

HOA Fees

  • $377 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,038 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Sliding Doors
  • Sauna
  • Vinyl Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • River Access
  • Fishing Pier
  • First Come-First Served Dock
  • Dock made with wood
  • Open Dock
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, internet, maintenance structure, ground maintenance, manager, pool maintenance, recreational facilities, sewer, trash, water
  • B.P. Davis Property Management, Inc. Association, Phone Number (321) 784-2091
  • Visit Association Website
  • Cape Shores Apts Bldg 16 Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Boat Dock
  • Community Boat Slip
  • Waterfront Community
  • Recreation Facilities
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Fishing

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed
  • Small pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,743

Year Built

Built in 1973

Lot Details

0

HOA Fees

$377 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1038
  • Lot Size Acres: 0.04
  • New Construction: No
  • Year Built: 1973
  • Directions to Property: FL 528/Cape Canaveral, continue onto Florida A1A S., Right on Cape Shores Circle, Make an immediate Left and building 16 on the right, unit H on the end 2nd floor.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5947136?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5947136?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.95
  • Price per Sq Ft: 183.04
  • Close to Original List Price Ratio: 0.95
  • View: No
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Walk-In Closet(s)
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Window Features: Blinds
  • Street Number Modifier: 131
  • Room Count: 4

Exterior Features

  • Direction Faces: North
  • Exterior Features: Sauna, Sidewalk, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Access: River
  • Water Extras: Dock - Open, Dock - Slip 1st Come, Dock - Wood, Fishing Pier
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Lead Paint

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Community Boat Ramp, Fishing, Fitness, Pool, Sidewalk, Water Access, Waterfront
  • Association Amenities: Boat Slip, Clubhouse, Boat Dock, Fitness Center, Pool, Recreation Facilities, Shuffleboard Court
  • Association Fee Frequency: Monthly
  • Association Name: B.P. Davis Property Management, Inc.
  • Phone: 321-784-2091
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 377
  • Condo Fees Term: Monthly
  • Association Website: capeshorescondo.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 377
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 4524
  • Total Monthly Fees: 377

Lot Info

  • Zoning: 0414
  • Parcel Number: 24-37-23-00-00541.H-0000.00
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Number Limit, Size Limit, Yes
  • Pet Size: Small (16-35 Lbs.)
  • Minimum Lease: 3 Months
  • Approval Process: Please refer to Cape Shores Condo Docs
  • Pet Restrictions: Please refer to Cape Shores HOA Docs
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please refer to Cape Shores Condo Dos for reference.

Tax Info

  • Tax Annual Amount: 1742.84
  • Tax Block: 541
  • Tax Book Number: 0000/0000
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Jul 6, 2021
Sold by
Fernandez Santiago M
Bought by
Farho Thomas Charles and Farho Elizabeth A
Seller's Agent
Rebecca Puig
CHARLES RUTENBERG REALTY ORLANDO
Buyer's Agent
Barbara Schluraff
CENTURY 21 OCEAN
List Price
$200,000
Sold Price
$190,000
Premium/Discount to List
-$10,000
-5%
Current Estimated Value
$239,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,194
Avg. Annual Appreciation
5.49%
Original Mortgage
$166,500
Outstanding Balance
$151,073
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$88,121

Purchase Details

Listed on
Dec 18, 2018
Closed on
May 8, 2019
Sold by
Besu John and Tokarz Besu Beth L
Bought by
Fernandez Santiago M
Seller's Agent
Barbara Schluraff
Century 21 Ocean
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$159,900
Sold Price
$145,000
Premium/Discount to List
-$14,900
-9.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.33%

Purchase Details

Closed on
Aug 2, 2016
Sold by
Fannie Mae
Bought by
Besu John and Tokarz Besu Beth I

Purchase Details

Closed on
Dec 18, 2015
Sold by
Lettenberger John E and Cape Shores Association Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 5, 2012
Sold by
Lettenberger John E
Bought by
Cape Shores Association Inc

Purchase Details

Closed on
Nov 22, 2005
Sold by
Knapp Robert J
Bought by
Lettenberger John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
2%

Purchase Details

Closed on
Feb 24, 2003
Sold by
Nordberg Creuza M
Bought by
Knapp Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2000
Sold by
Healy Eugene V
Bought by
Nordberg Creuza M
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
Farho Thomas Charles $190,000 International T&E Co Llc
Fernandez Santiago M $145,000 International T&E Co Llc
Besu John $105,000 None Available
Federal National Mortgage Association -- Attorney
Cape Shores Association Inc -- None Available
Lettenberger John E $175,000 Security First Title Partner
Knapp Robert J $80,000 --
Nordberg Creuza M $57,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farho Thomas Charles $166,500
Previous Owner Lettenberger John E $157,500
Previous Owner Knapp Robert J $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2021 07/08/21 Sold $190,000 -5.0% $183 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $200,000 +37.9% $193 / Sq Ft
05/10/2019 05/10/19 Sold $145,000 -3.3% $140 / Sq Ft View Prior Sale
04/29/2019 04/29/19 Pending -- -- --
03/14/2019 03/14/19 Price Changed $150,000 -3.2% $145 / Sq Ft
02/18/2019 02/18/19 Price Changed $155,000 -3.1% $149 / Sq Ft
12/18/2018 12/18/18 For Sale $159,900 -- $154 / Sq Ft
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 $2,903 $203,640 -- --
2024 $2,875 $221,250 -- --
2023 $2,875 $222,690 $0 $0
2022 $2,321 $174,410 $0 $0
2021 $1,795 $128,890 $0 $128,890
2020 $1,743 $119,340 $0 $119,340
2019 $1,737 $119,340 $0 $119,340
2018 $1,598 $102,490 $0 $102,490
2017 $1,672 $102,490 $0 $102,490
2016 $1,609 $97,820 $0 $0
2015 $1,418 $82,760 $0 $0
2014 $1,350 $76,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5947136

Stellar MLS

APN: 24-37-23-00-00541.H-0000.00