$2,500,000
SOLD FEB 22, 2017
0.5 Acre
$5,000,000 Price per Acre
21,780 Sq Ft Lot

Recently Sold

29% Below List Price

380 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Bay View
  • No HOA
  • Tommie Barfield Elementary School Rated A

About This Lot

As of April 2022

Incredible opportunity to own and build your dream home on this gulf-side, half-acre, direct access, south-southwest exposure lot with incredible wide-water views of Caxambas Pass, Gulf of Mexico, area islands and city-skyline in the distance. This homesite is ready to be built on with a brand new seawall and is now 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: 01/19/2016

Premier Sotheby's International Realty

Last Buyer's Agent

James Prange

Results Realty Marco Island

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,963

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 125x175x125x175
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor

Property Views

  • Bay
  • Gulf

Location

  • City Lot

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 24 / 414
  • Tax Tract Number 17
  • 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

$22,963

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: 22963.0
  • Location Tax and Legal:Tax Year: 2016
  • 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:Acres: 0.5
  • General Property Information:Land Lease YN2: No
  • Road Surface:Paved: Yes
  • Utilities:Cable Available3: Yes
  • Utilities:Electricity Available: Yes
  • Utilities:Phone Line: Yes
  • Utilities:Trash Removal: Yes
  • View:Long Water2: Yes
  • View:Wide Water2: Yes
  • View:Bay2: Yes
  • General Information Details:Number Of Lots: 1
  • View:Gulf2: Yes
  • Special Features: None

Interior Features

  • 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

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21780.0
  • Number Of Lots: 1
  • Parcel #: 58113400002
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 22963.0
  • Tax Block: 414
  • Tax Book Number: 4304
  • Tax Tract: 17
  • Tax Year: 2016

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
$5,301,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,801,323
Avg. Annual Appreciation
10.11%

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

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $2,500,000 First Title & Abstract Inc
Warranty Deed $2,733,333 Attorney
Warranty Deed $1,250,000 --
Warranty Deed $625,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 No Value Available
Previous Owner $500,000 No Value Available
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: 2160212

APN: 58113400002