NOT LISTED FOR SALE

Estimated Value: $138,000

0.23 Acre
$600,000 Price per Acre
10,000 Sq Ft Lot

Last Sold May 09, 2022

Last sale price $12,000

Est. 1,050% increase in value since last sale

Current estimated payment $786/month

260 Days on Market

About This Lot

As of May 2022

Here is your opportunity to own a property offering a host of options where you can build a single family home or enjoy the benefits of this mult-family (RMF-10) zoned property by developing it as a duplex for investment purposes. If you are looking for the peaceful charm of a country setting, Peace River Shores offers all that and more. This growing community offers an optional membership to their homeowners association which includes a community boat ramp, clubhouse, park and picnic area all for a one time initial membership fee of $250.00 and then $50.00 a year thereafter. Within close proximity to Hwy 17, access to restaurants and shops in Punta Gorda’s historic waterfront downtown is just and enjoyable drive away. If exploring Florida’s rich past and its small country farm towns is your passion, you couldn’t pick a better location to enjoy your day of fun. Located in a Scrub Jay Habitat Conservation area, it is recommended that buyers go to the county website for the latest updates and mitigation recommendations for development purposes. For those looking to capture the peacefulness and serenity of country living, this may be that affordable opportunity for you. Adjoining Lot #15 can be purchased separately - MLS#C7446920.

Last Agent to Sell the Property

Gary Cardillo

RE/MAX HARBOR REALTY License #3035358 Listed on: 08/02/2021

Last Buyer's Agent

Dayana Machural Gambe

FRIENDS REALTY LLC License #3354018

FRIENDS REALTY LLC

Property Details

Property Type

  • Land

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 80x125x80x125
  • East Facing Home
  • Wooded Lot
  • Property is zoned RMF10

HOA Fees

  • $4 Monthly HOA Fees

Utilities

  • Well Required
  • Septic Needed

Community Details

  • Peace River Shores Community
  • Peace River Shores Subdivision

Listing and Financial Details

  • Legal Lot and Block 16 / A
  • Assessor Parcel Number 402301252001

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10000
  • Status: Sold
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 0.8
  • Price per Sq Ft: 1.2
  • Close to Original List Price Ratio: 0.8
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Direction Faces: East
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Front Footage: 80
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Other
  • Sewer: Septic Needed
  • Water Source: Well Required
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 50
  • Association Fee Frequency: Annually
  • Association: Yes
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 50
  • Monthly HOA Fee: 4.17
  • Total Monthly Fees: 4.17

Lot Info

  • Zoning: RMF10
  • Parcel Number: 402301252001
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 80x125x80x125
  • Price Per Acre: 52174
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 655.95
  • Tax Block: A
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
May 6, 2022
Sold by
Albert Abara
Bought by
Gambe Arian
Seller's Agent
Gary Cardillo
RE/MAX HARBOR REALTY
Buyer's Agent
Dayana Machural Gambe
FRIENDS REALTY LLC
List Price
$15,000
Sold Price
$12,000
Premium/Discount to List
-$3,000
-20%
Current Estimated Value
$138,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,000
Avg. Annual Appreciation
92.81%

Purchase Details

Closed on
Mar 1, 2018
Sold by
Federau Douglas M
Bought by
Abara Albert

Purchase Details

Closed on
Feb 22, 2018
Sold by
Federau Douglas M
Bought by
Abara Albert

Purchase Details

Closed on
May 19, 2004
Sold by
Phillips Willard T and Phillips Elizabeth R
Bought by
Federau Douglas M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gambe Arian $12,000 New Title Company Name
Abara Albert $2,400 Burnt Store Title & Escrow
Abara Albert $2,400 Burnt Store Title & Escrow L
Federau Douglas M $31,900 Premier Title Of Florida
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2022 05/09/22 Sold $12,000 -20.0% --
04/19/2022 04/19/22 Pending -- -- --
08/02/2021 08/02/21 For Sale $15,000 -- --
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 $790 $11,050 $11,050 --
2024 $787 $9,393 $9,393 --
2023 $787 $9,563 $9,563 $0
2022 $692 $8,075 $8,075 $0
2021 $656 $2,584 $2,584 $0
2020 $638 $1,488 $1,488 $0
2019 $636 $1,547 $1,547 $0
2018 $634 $1,696 $1,696 $0
2017 $631 $1,726 $1,726 $0
2016 $627 $1,356 $0 $0
2015 $623 $1,233 $0 $0
2014 $284 $1,233 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7446923

Stellar MLS

APN: 402301252001