NOT LISTED FOR SALE

145 Useppa Island Captiva, FL 33924

Estimated Value: $4,733,000

3 Beds
3.5 Baths
4,333 Sq Ft
$1,092/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $2,300,000 $531 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $30,979/month

197 Days on Market

Highlights

  • 211 Feet of Waterfront
  • Marina
  • Boat Dock
  • Cape Coral High School Rated A-
  • White Water Ocean Views
  • Parking available for a boat

About This Home

As of June 2018

Imagine casting off on a boat, sailing to an exclusive island, leaving all the hectic realities of the mainland behind, and escaping to a slice of Floridian paradise. Welcome to Useppa Island, a renowned tropical isle which Conde Naste considers one of the top 25 true island retreats in the world. Magnificently perched along the Intracoastal Waterway, this three-bedroom estate overlooks sweeping water views. Providing a coveted .62 acres of privacy and tranquility, you’ll cherish the additional lot on the property. Before even stepping inside, yachtsman will appreciate the deep-water dockage, suitable for vessels up to 130 ft + with electric and water. The home is designed for family gatherings as well as corporate getaways. Enter the three-story residence with open floor plan and striking vistas north, east, south, and west. Stately open beamed wood ceilings merge with exquisite craftsmanship and architectural details for an island-style ambiance. Entertain friends and loved ones within the expansive living room, cozy as can be with gas fireplace. Cook your freshly caught pompano in the chef’s kitchen. Enjoy saltwater breezes on the patio before immersing yourself in the large interior sauna. Useppa Club’s membership includes sailing, boating, croquet, fine dining and a friendly community you won’t find anywhere else. Useppa Island is only minutes away from world famous, world class fishing in Boca Grande Pass and the islands of Boca Grande, Cabbage Key, Captiva, Sanibel and Pine Island.

Last Agent to Sell the Property

Krista Potthast-Haynes, P.A.

License #3298827 Listed on: 11/15/2017

Co-Listed By

Johns Knight

MICHAEL SAUNDERS & CO. - BOCA License #3078582

Last Buyer's Agent

James Buchanan

JAMES BUCHANAN REALTY License #3160009

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,866

Year Built

  • Built in 1991

Lot Details

  • 0.62 Acre Lot
  • 211 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • The property's road front is unimproved
  • Unincorporated Location
  • West Facing Home
  • Mature Landscaping
  • Additional Parcels
  • Property is zoned RM-2

HOA Fees

  • $728 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Marina
  • Intracoastal

Home Design

  • Key West Architecture
  • Tri-Level Property
  • Wood Frame Construction
  • Metal Roof
  • Siding
  • Pile Dwellings

Interior Spaces

  • 4,333 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Blinds
  • French Doors
  • Sliding Doors
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Loft
  • Storage Room
  • Inside Utility
  • Sauna

Kitchen

  • Double Convection Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Freezer
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Quarry Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • Parking available for a boat
  • Golf Cart Garage

Outdoor Features

  • In Ground Pool
  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Access To Marina
  • No Fixed Bridges
  • Dock has access to water
  • Seawall
  • No Wake Zone
  • Rip-Rap
  • Boat Slip Deeded
  • Open Dock
  • Dock made with Composite Material
  • Balcony
  • Deck
  • Covered patio or porch
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Power Generator
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, ground maintenance, recreational facilities, sewer, trash, water
  • Useppa Prop Co Inc Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Boat Dock
  • Marina
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,866

Year Built

Built in 1991

Lot Details

0

HOA Fees

$728 per month

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Grounds, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Key West
  • Construction Materials: Siding, Wood Frame
  • Fireplace: Yes
  • Living Area: 4333
  • Lot Size Acres: 0.62
  • New Construction: No
  • Year Built: 1991
  • Building Area Total: 7179
  • Lot Size Sq Ft: 26910
  • Directions to Property: Boat access only.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=D5921257&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=D5921257&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 866-862-7777
  • Ratio: Close Price\List Price: 0.76692
  • Price per Sq Ft: 530.81
  • Close to Original List Price Ratio: 0.65714
  • Ratio: Current Price\Building Area Total: 320.38
  • View: Yes
  • Co List Office Mls Id: 256030041
  • Co List Office Phone: 941-964-2000
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Living Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Quarry Tile, Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Cathedral Ceiling(s), Ceiling Fans(s), High Ceiling(s), Open Floorplan, Sauna, Skylight(s), Solid Surface Counters, Solid Wood Cabinets, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Convection Oven, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Range Hood, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Other Equipment: Generator
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 145
  • Room Count: 6
  • Additional Rooms: Breakfast Room Separate, Family Room, Great Room, Inside Utility, Loft, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Other Structures: Storage
  • Pool Features: In Ground
  • Exterior Features: Balcony, French Doors, Hurricane Shutters, Rain Gutters, Sauna, Sliding Doors, Storage
  • Roof: Metal
  • Pool Private: No
  • View: Water
  • Water Body Name: Pine Island Sound
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Road Surface Type: Unimproved
  • Water View: Bay/Harbor - Full, Gulf/Ocean to Bay, Intracoastal Waterway, Marina
  • Water Access: Bay/Harbor, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway, Marina
  • Water Extras: Bridges - No Fixed Bridges, Dock - Composite, Dock - Open, Dock - Slip Deeded On-Site, Dock w/Electric, Dock w/Water Supply, No Wake Zone, Riprap, Sailboat Water, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12071C0215F
  • Waterfront Frontage: 211
  • Additional Water Information: View overlooking Pine Island Sound and Charlotte Harbor to Boca Grande Pass and multiple barrier islands. Deep water access and dockage for a 130+ ft vessel plus multiple other vessels.
  • Water Frontage Feet Bay Harbor: 211

Garage/Parking

  • Parking Features: Boat, Golf Cart Garage, Golf Cart Parking
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Electric: Generator
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Private Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Playground, Pool, Tennis Courts
  • Association Amenities: Boat Dock, Fitness Center, Marina, Playground, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 728
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Senior Community: No
  • Amenities Additional Fees: Croquet court, bocci ball
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 8736
  • Monthly HOA Fee: 728
  • Total Monthly Fees: 728

Lot Info

  • Zoning: RM-2
  • Parcel Number: 04-44-21-01-00001.045A
  • Additional Parcels: Yes
  • Lot Features: In County, Unincorporated
  • Flood Zone Code: AE
  • Flood Zone Date: 2008-08-28
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Approval Process: Must join Useppa Island Club, $7,500 initiation fee.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See club rules and deed restrictions.

Tax Info

  • Tax Annual Amount: 28866
  • Tax Block: 1
  • Tax Book Number: 3247/1626
  • Tax Lot: 1, 2

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 1995
Sold by
Munz Thomas C and Munz Elizabeth A
Bought by
Smith Terrence B and Smith Roberta
Total Days on Market
197
Current Estimated Value
$4,733,000
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
Smith Terrence B $900,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $2,300,000 -23.3% $531 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
03/14/2018 03/14/18 Price Changed $2,999,000 -6.3% $692 / Sq Ft
03/01/2018 03/01/18 Price Changed $3,200,000 -8.6% $739 / Sq Ft
11/15/2017 11/15/17 For Sale $3,500,000 -- $808 / Sq Ft
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
2024 $44,179 $2,994,031 -- --
2023 $44,179 $2,721,846 $0 $0
2022 $38,768 $2,474,405 $0 $0
2021 $32,430 $2,249,459 $1,164,151 $1,085,308
2020 $30,474 $2,058,304 $1,100,000 $958,304
2019 $31,016 $2,073,660 $1,100,000 $973,660
2018 $27,402 $1,814,438 $1,100,000 $714,438
2017 $29,507 $1,948,457 $1,100,000 $848,457
2016 $28,866 $2,003,739 $1,149,834 $853,905
2015 $28,832 $2,045,807 $1,151,862 $893,945
2014 $27,210 $1,940,136 $1,243,486 $696,650
2013 -- $1,262,584 $748,894 $513,690
Source: Public Records

Agents Affiliated with this Home

  • Krista Potthast-Haynes, P.A.

    Seller's Agent in 2018

    Krista Potthast-Haynes, P.A.

    Section Image
  • Johns Knight

    Seller Co-Listing Agent in 2018

    Johns Knight

    Michael Saunders

    (941) 855-0263

    53 Total Sales

    Johns Knight
    Section Image

  • J

    Buyer's Agent in 2018

    James Buchanan

    JAMES BUCHANAN REALTY

    (941) 376-0064

    12 Total Sales

    James Buchanan
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: D5921257

Stellar MLS

APN: 04-44-21-01-00001.045A

Florida Lee County Captiva 33921

145 Useppa Island, Captiva, FL

This home is located at 145 Useppa Island, Captiva, FL 33924 since 15 November 2017 and is currently estimated at $4,733,000, approximately $1,092 per square foot. This property was built in 1991. 145 Useppa Island is a home located in Lee County with nearby schools including Pine Island Elementary School, Trafalgar Middle School, and Gulf Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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