NOT LISTED FOR SALE

Estimated Value: $3,447,000 - $7,489,000

0.5 Acre
$11,269,026 Price per Acre
21,780 Sq Ft Lot

Last Sold April 20, 2022

Last sale price $5,500,000

Est. 2% increase in value since last sale

Current estimated payment $35,119/month

297 Days on Market

Highlights

  • 125 Feet of Waterfront
  • Water access To Gulf or Ocean
  • No HOA
  • Tommie Barfield Elementary School Rated A
  • Bay View

About This Lot

As of April 2022

Incredible opportunity to own and build your dream home on this gulf-side, half-acre, direct access lot with south-southwestern exposure, incredible wide-water views of Caxambas Pass, Gulf of Mexico, area islands and the city-skyline in the distance. This homesite is ready to be built on with a newer seawall and is in the AE-11 flood zone, offering a significant savings for insurance and construction. This property is located on the coveted Caxambas Island in the prestigious Estate-section of Marco Island where you are surrounded by some of the Islands most luxurious properties and represents an exceptional building site.

Last Agent to Sell the Property

James Prange

Premier Sotheby's International Realty License #0313775 Listed on: 05/28/2021

Premier Sotheby's International Realty

Last Buyer's Agent

Kent Hedrick

Bluebill Properties Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $26,443

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 125x175x125x175
  • 125 Feet of Waterfront
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Southwest Facing Home

Property Views

  • Bay
  • Gulf

Location

  • In Flood Plain
  • City Lot

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 24 / 414
  • Assessor Parcel Number 58113400002

Community Details

Overview

  • No Home Owners Association
  • Marco Island Community
  • Marco Beach Unit 13 Subdivision

Recreation

  • Water access To Gulf or Ocean

Property Details

Property Type

Land

Est. Annual Taxes

$26,443

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Lot
  • Lot Size Acres: 0.5
  • Lot Size: 125x175x125x175
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Subdivision Name: Marco Beach Unit 13
  • Listing Information:Community: Marco Island
  • Listing Information:Subarea Type: Water Direct
  • Location Tax and Legal:Parcel Number: 58113400002
  • Location Tax and Legal:Tax Annual Amount: 26443.0
  • Location Tax and Legal:Tax Year: 2020
  • General Property Information:Flood Plain: Yes
  • General Property Information:Rear Exposure: Southwest
  • General Property Information:Boat Dock: No
  • General Property Information:HOA YN: No
  • Location Tax and Legal:Tax Block: 414
  • Location Tax and Legal:Tax Lot: 24
  • General Property Information:Lot Size Dimensions: 125x175x125x175
  • General Property Information:Boat Lift: No
  • General Property Information:Acres: 0.5
  • General Information Details:Water Front Footage: 125
  • Sewer:Sewer Central: Yes
  • Water Source:Public: Yes
  • General Property Information:Vehicle Restriction YN: No
  • General Property Information:Land Lease YN2: No
  • Road Surface:Paved: Yes
  • Utilities:Cable Available3: Yes
  • Utilities:Electricity Available: Yes
  • Utilities:Trash Removal: Yes
  • View:Long Water2: Yes
  • View:Wide Water2: Yes
  • View:Bay2: Yes
  • Utilities:Phone Available: Yes
  • General Property Information:Fixed Land Lease YN: No
  • View:Gulf2: Yes
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Residential
  • Community Features:Sidewalks: Yes

Exterior Features

  • Lot Features: City Lot, County Lot, Mid Street Location
  • View: Bay, Gulf, Long Water, Wide Water
  • Waterfront Features: Bay Front, Gulf Front, Access Gulf
  • Waterfront: Yes
  • Lot Features:Mid Street Location: Yes
  • Waterfront Features:Bay Front: Yes
  • Waterfront Features:Gulf Front: Yes
  • Waterfront Features:Access Gulf: Yes
  • Lot Features:City Lot: Yes
  • Lot Features:County Lot: Yes

Utilities

  • Sewer: Sewer Central
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Amenities: None
  • Association: No

Association/Amenities

  • Association Amenities:None3: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21780.0
  • Parcel #: 58113400002
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 26443.0
  • Tax Block: 414
  • Tax Book Number: 4304
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2016
Closed on
Feb 10, 2017
Sold by
Murphy David James and Murphy Karen Denise
Bought by
Tarpon South Llc
Seller's Agent
James Prange
Premier Sotheby's International Realty
Buyer's Agent
James Prange
Results Realty Marco Island
List Price
$3,499,000
Sold Price
$2,500,000
Premium/Discount to List
-$999,000
-28.55%
Current Estimated Value
$5,634,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,134,513
Avg. Annual Appreciation
10.23%

Purchase Details

Closed on
Nov 13, 2007
Sold by
Webb Howard E
Bought by
Murphy David James and Murphy Karen Denise

Purchase Details

Closed on
Jun 29, 1999
Sold by
Mckean Gibson E and Mckean Marilyn J
Bought by
Webb Howard E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.27%

Purchase Details

Closed on
Sep 1, 1994
Sold by
Freeburn Robert J
Bought by
Mckean Gibson E and Mckean Marilyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.44%

Purchase Details

Closed on
Dec 7, 1993
Sold by
Freeburn Robert J and Freeburn Mary L
Bought by
Freeburn Robert J
Source: Public Records

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Range of Values:

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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
Tarpon South Llc $2,500,000 First Title & Abstract Inc
Murphy David James $2,733,333 Attorney
Webb Howard E $1,250,000 --
Mckean Gibson E $625,000 --
Freeburn Robert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Webb Howard E $1,000,000
Previous Owner Mckean Gibson E $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Sold $5,500,000 +11.1% --
03/22/2022 03/22/22 Pending -- -- --
05/28/2021 05/28/21 For Sale $4,950,000 +98.0% --
02/22/2017 02/22/17 Sold $2,500,000 -28.6% --
02/03/2017 02/03/17 Pending -- -- --
01/19/2016 01/19/16 For Sale $3,499,000 -- --
Source: Marco Island Area Association of REALTORS®

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
2023 $44,777 $4,764,866 $4,764,866 $0
2022 $27,911 $2,741,445 $0 $0
2021 $26,966 $2,492,223 $2,492,223 $0
2020 $26,443 $2,457,000 $2,457,000 $0
2019 $24,946 $2,275,000 $2,275,000 $0
2018 $24,295 $2,210,000 $2,210,000 $0
2017 $24,243 $2,122,214 $0 $0
2016 $22,963 $1,929,285 $0 $0
2015 $22,557 $1,753,895 $0 $0
2014 $19,805 $1,594,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marco Island Area Association of REALTORS®

MLS Number: 2215108

APN: 58113400002