NOT LISTED FOR SALE

Sanibel View 140 Estero Blvd Unit 2404 Fort Myers Beach, FL 33931

Estimated Value: $219,266 - $237,000

-- Bed
1 Bath
383 Sq Ft
$489/mo HOA Fee

Last Sold August 28, 2017

Last sale price $150,000 $392 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,874/month

44 Days on Market

Highlights

  • Concierge
  • Beach Front
  • Pier or Dock
  • Fort Myers Beach Elementary School Rated A-
  • Community Beach Access
  • Fitness Center

About This Home

As of August 2017

Sit back, relax and unwind on this 4th floor unit’s screened in balcony overlooking the Sanibel View pool, the beach, and the Gulf Of Mexico at the Pink Shell Resort. The studio style GULF VIEW unit comes TURNKEY with 2 queen beds, 1 bath, and a kitchenette complete with stove top, microwave, sink and mini-fridge. This luxurious INVESTMENT VACATION PROPERTY was ranked the #2 resort on the Gulf Coast of Florida by Conde Nast Traveler in 2016. You can choose to stay 2 weeks in season and 2 weeks out of season, while the rest of the year the onsite management company rents your unit for you. Owners can enjoy all of the amenities this resort has to offer year-round: 3 pools including the popular lagoon-style “Octopool” with waterfall, plenty of onsite dining options, water-sports, boat rentals, beach equipment rentals, marina, fitness center, spa, kids camp and much more. There are plenty of fun and relaxing activities for the entire family. Located within walking distance to Times Square and the Fort Myers Beach Pier. This unit is expected to be fully renovated with new furnishings by the end of 2017.

Last Agent to Sell the Property

Marcus Larrea

Palm Paradise Real Estate License #258023479 Listed on: 07/14/2017

Co-Listed By

Sarah Sanzica

Palm Paradise Realty Group License #251530487

Last Buyer's Agent

Marcus Larrea

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,971

Year Built

  • Built in 1990

Lot Details

  • Beach Front
  • Property fronts gulf or ocean
  • Northeast Facing Home

HOA Fees

  • $489 Monthly HOA Fees

Property Views

  • Bay
  • Gulf

Home Design

  • Entry on the 4th floor
  • Built-Up Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • 383 Sq Ft Home
  • Furnished
  • Combination Dining and Living Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • In Ground Pool
  • Balcony
  • Screened Patio
  • Outdoor Water Feature

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 2404 / 3700
  • Assessor Parcel Number 24-46-23-W1-03700.2404

Community Details

Overview

  • 60 Units
  • Association Phone (239) 463-8642
  • Mid-Rise Condominium
  • Sanibel View Villas Subdivision
  • 5-Story Property

Amenities

  • Concierge
  • Shops
  • Restaurant
  • Clubhouse
  • Business Center
  • Laundry Facilities
  • Elevator

Recreation

  • Pier or Dock
  • Community Beach Access
  • Fitness Center
  • Community Pool
  • Community Spa
  • Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,971

Year Built

Built in 1990

Lot Details

0

HOA Fees

$489 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.2528
  • Co List Office Mls Id: FREM
  • Co List Office Phone: (239) 489-0444
  • Ownership: Condo
  • Subdivision Name: SANIBEL VIEW VILLAS
  • Architectural Style: Other, Mid Rise
  • Carport Y N: No
  • Entry Level: 4
  • Garage Yn: No
  • Year Built: 1990
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: See Remarks
  • Full Bathrooms: 1
  • Flooring: Carpet, Tile
  • Interior Amenities: Living/Dining Room, See Remarks, Tub Shower, High Speed Internet
  • Living Area: 383.0
  • Stories: 5
  • Window Features: See Remarks
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: In Ground, Community
  • Pool Private: Yes
  • View: Bay, Gulf
  • View: Yes
  • Waterfront Features: Beach Front, Gulf, See Remarks
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Northeast
  • Exterior Features: See Remarks, Water Feature
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale
  • Roof: Built-Up, Flat, Metal

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Condo Hotel Community, Elevator, Near Hotel/Motel, Shopping
  • Amenities: Beach Rights, Beach Access, Business Center, Clubhouse, Concierge, Fitness Center, Laundry, Pier, Pool, Restaurant, Spa/Hot Tub, Sidewalks, Trail(s)
  • Association #2 Fee: 489.0
  • Association #2 Fee Frequency: Monthly
  • Phone: 239-463-8642
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: See Remarks

Lot Info

  • Parcel #: 24-46-23-W1-03700.2404
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 60

Tax Info

  • Tax Annual Amount: 1971.07
  • Tax Block: 3700
  • Tax Lot: 2404
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2017
Closed on
Aug 28, 2017
Sold by
Hofmeister Stephen and Hofmeister Sandra
Bought by
Psvc Llc
Seller's Agent
Marcus Larrea
Palm Paradise Real Estate
Buyer's Agent
Marcus Larrea
List Price
$169,900
Sold Price
$150,000
Premium/Discount to List
-$19,900
-11.71%
Current Estimated Value
$229,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,817
Avg. Annual Appreciation
5.38%

Purchase Details

Listed on
Jul 1, 2016
Closed on
Jul 29, 2016
Sold by
Farren Debbie
Bought by
Hofmeister Stephen and Hofmeister Sandra
Seller's Agent
Donna Barnett
Singing Wind, LLC
Buyer's Agent
Charles Smith
Loffreno Real Estate, Inc.
List Price
$175,000
Sold Price
$155,000
Premium/Discount to List
-$20,000
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.79%

Purchase Details

Closed on
Dec 11, 2013
Sold by
Farren Debbie J and Farren Debbie
Bought by
Farren Debbie and Debbie Farren Revocable Trust

Purchase Details

Listed on
Sep 1, 2012
Closed on
Sep 5, 2012
Sold by
Massaro Anthony C and Massaro Laura J
Bought by
Farren Debbie J
Seller's Agent
Carmen Badan
RealPro Realty LLC
List Price
$137,500
Sold Price
$137,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%

Purchase Details

Closed on
Aug 24, 2005
Sold by
Massaro Anthony C and Massaro Laura J
Bought by
Massaro Anthony C and Massaro Laura J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,450
Interest Rate
6.12%
Mortgage Type
Unknown
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
Psvc Llc $150,000 Title Group Of Fort Myers Lt
Hofmeister Stephen $155,000 Title Group Of Fort Myers Lt
Farren Debbie -- Attorney
Farren Debbie J $137,500 Naples Title Inc
Massaro Anthony C -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Massaro Anthony C $177,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2017 08/28/17 Sold $150,000 -11.7% $392 / Sq Ft
08/28/2017 08/28/17 Pending -- -- --
07/14/2017 07/14/17 For Sale $169,900 +9.6% $444 / Sq Ft
07/01/2016 07/01/16 Sold $155,000 -11.4% $405 / Sq Ft View Prior Sale
07/01/2016 07/01/16 For Sale $175,000 +27.3% $457 / Sq Ft
09/07/2012 09/07/12 Sold $137,500 0.0% $360 / Sq Ft View Prior Sale
09/01/2012 09/01/12 For Sale $137,500 -- $360 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 $2,001 $148,000 -- $148,000
2024 $861 $148,000 -- $148,000
2023 $861 $61,116 $0 $61,116
2022 $2,155 $146,111 $0 $0
2021 $1,929 $132,828 $0 $132,828
2020 $1,948 $130,815 $0 $130,815
2019 $1,890 $125,970 $0 $125,970
2018 $1,866 $125,970 $0 $125,970
2017 $2,003 $132,430 $0 $132,430
2016 $1,971 $128,140 $0 $128,140
2015 $2,196 $145,000 $0 $145,000
2014 $1,956 $123,400 $0 $123,400
2013 -- $117,800 $0 $117,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 217046101

Florida Gulf Coast Multiple Listing Service

APN: 24-46-23-W1-03700.2404