NOT LISTED FOR SALE

Estimated Value: $153,000 - $1,051,000

0.52 Acre
$876,923 Price per Acre
22,651 Sq Ft Lot

Last Sold March 24, 2021

Last sale price $160,000

Est. 185% increase in value since last sale

Current estimated payment $2,642/month

865 Days on Market

Highlights

  • 220 Feet of Waterfront
  • Boat Ramp
  • Canal View
  • Marina
  • 0.52 Acre Lot
  • Park

About This Lot

As of March 2021

Owner has reduced the price!!! Cleared vacant lot in South Gulf Cove on the water. This lot has 220' of waterfront property, calling all fisherman, boaters, beach lovers, nature enthusiasts and dreamers and get ready to build the perfect paradise hideaway? On this ½ acre cleared water front lot in the highly sought-after community of South Gulf Cove. Enjoy over 55 miles of navigable canals within one of the last non-land locked waterfront communities to be developed in Southwest Florida. Located on the Cape Haze Peninsula between Charlotte Harbor and the Gulf of Mexico, enjoy over 55 miles of canals that lead to the Harbor and Gulf. Average depth of the canals are 5-6 ft and is maintained by a lock system at the North end of the community. This relaxed and vibrant upscale community is located between Port Charlotte and Boca Grande, close to many airports and shopping districts. More than 120 man made canals wind through South Gulf Cove, the best kept secret of Southwest Florida. Within a few miles of Coral Creek private airport, Boca Grande, beaches and the #1 Tarpon fishing spot in the world "Boca Grande Pass!" *OWNER FINANCING AVAILABLE*

Last Agent to Sell the Property

Lilly Alexoudis

COLDWELL BANKER SUNSTAR REALTY License #3353103 Listed on: 10/13/2018

COLDWELL BANKER SUNSTAR REALTY

Last Buyer's Agent

Wayne Cherry

PROGRAM REALTY, LLC License #3457162

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,033

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 142x220x269x85
  • 220 Feet of Waterfront
  • Property fronts a canal with brackish water
  • Property is zoned RSF3.5

HOA Fees

  • $6 Monthly HOA Fees

Property Views

  • Canal Views

Schools

  • Myakka River Elementary School
  • L.A. Ainger Middle School
  • Lemon Bay High School

Listing and Financial Details

  • Legal Lot and Block 12 / 4286
  • Assessor Parcel Number 412116379002

Community Details

Overview

  • South Gulf Cove Community
  • Port Charlotte Sec 058 Subdivision

Recreation

  • Boat Ramp
  • Marina
  • Park
  • Access to Brackish Canal
  • No Wake Zone

Property Details

Property Type

Land

Est. Annual Taxes

$1,033

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.52
  • Lot Size Sq Ft: 22200
  • Directions to Property: From McCall Road(771) take Gasparillia Road(771) to second South Gulf Cove entrance left on Inghram Blvd. just past the first bridge make left onto Edsel Drive. The property is just ahead on the left. See Coldwell Banker sign
  • Status: Sold
  • Total Acreage: 1/2 to less than 1
  • Ratio: Close Price\List Price: 0.88988
  • Price per Sq Ft: 7.21
  • Close to Original List Price Ratio: 0.80402
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 14142

Exterior Features

  • Water Body Name: Santa Cruz Waterway
  • Waterfront: Yes
  • Water View: Canal
  • Water Access: Canal - Brackish
  • Water Extras: No Wake Zone
  • Water View Y N: Yes
  • Front Footage: 85
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12015C0214F
  • Waterfront Frontage: 220
  • Additional Water Information: Zephyr waterway just around the corner straigh out to the lagoon and lock to Port Charlotte Harbor & Gulf.
  • Water Frontage Feet Canal Brackish: 220

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Electrical Nearby, Mini Sewer, Telephone Nearby, Water Available, Water Nearby
  • Sewer: Public Sewer
  • Water Source: Canal/Lake For Irrigation
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Community Boat Ramp, Park, Water Access, Waterfront
  • Association Amenities: Marina
  • Association Fee: 75
  • Association Fee Frequency: Annually
  • Association: Yes
  • Amenities Additional Fees: Marina Storage close by off the Santa Cruz Waterway
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 75
  • Monthly HOA Fee: 6.25
  • Total Monthly Fees: 6.25

Schools

  • Elementary School: Myakka River Elementary
  • High School: Lemon Bay High
  • Middle Or Junior School: L.A. Ainger Middle

Lot Info

  • Zoning: RSF3.5
  • Parcel Number: 412116379002
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 142x220x269x85
  • Price Per Acre: 307692
  • Flood Zone Code: AE
  • Flood Zone Date: 2003-05-05
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Annual Amount: 1033.38
  • Tax Block: 4286
  • Tax Book Number: 5-1
  • Tax Lot: 12

Multi Family

  • Waterfront Features: Canal - Brackish

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2018
Closed on
Mar 24, 2021
Sold by
Finan Frank and Simeone Lucerne
Bought by
Horton James R and Horton Michelle L
Seller's Agent
Lilly Alexoudis
COLDWELL BANKER SUNSTAR REALTY
Buyer's Agent
Wayne Cherry
PROGRAM REALTY, LLC
List Price
$184,800
Sold Price
$160,000
Premium/Discount to List
-$24,800
-13.42%
Total Days on Market
865
Current Estimated Value
$456,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,000
Avg. Annual Appreciation
27.93%

Purchase Details

Closed on
Dec 20, 2011
Sold by
Bank Of America N A
Bought by
Finan Frank and Simeone Lucerne

Purchase Details

Closed on
Dec 1, 2011
Sold by
Bamford David
Bought by
Bank Of America Na

Purchase Details

Closed on
May 5, 2004
Sold by
Pluchino Paul E and Pluchino Marjorie J
Bought by
Bamford David F and Bamford Joselle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,905
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2001
Sold by
Bourgeois Shirley P and Bourgeois King T
Bought by
Pluchino Paul E and Pluchino Marjorie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
6.85%

Purchase Details

Closed on
May 24, 2001
Sold by
Heffner Janice G
Bought by
King T A and Bourgeois Shirley P
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
Horton James R $160,000 Attorney
Finan Frank $32,500 Attorney
Bank Of America Na -- None Available
Bamford David F $199,900 Chelsea Title Company
Pluchino Paul E $30,000 --
King T A $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horton James R $750,000
Previous Owner Bamford David F $189,905
Previous Owner Pluchino Paul E $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2021 03/24/21 Sold $160,000 -11.0% --
02/24/2021 02/24/21 Pending -- -- --
12/17/2020 12/17/20 Price Changed $179,800 -2.7% --
10/16/2020 10/16/20 For Sale $184,800 +15.5% --
10/16/2020 10/16/20 Off Market $160,000 -- --
09/30/2020 09/30/20 Price Changed $184,800 -0.1% --
03/05/2020 03/05/20 Price Changed $184,900 -2.2% --
02/03/2019 02/03/19 Price Changed $189,000 -5.0% --
10/13/2018 10/13/18 For Sale $199,000 -- --
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
2023 $1,866 $93,500 $93,500 $0
2022 $1,768 $93,500 $93,500 $0
2021 $1,069 $45,475 $45,475 $0
2020 $1,033 $45,475 $45,475 $0
2019 $1,034 $45,475 $45,475 $0
2018 $1,027 $51,000 $51,000 $0
2017 $1,071 $61,200 $61,200 $0
2016 $1,036 $30,603 $0 $0
2015 $886 $27,821 $0 $0
2014 $838 $25,292 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D6102818

Stellar MLS

APN: 412116379002