NOT LISTED FOR SALE

1503 NW 38th Ave Cape Coral, FL 33993

Burnt Store Neighborhood

Estimated Value: $196,000 - $219,000

0.24 Acre
$850,804 Price per Acre
10,454 Sq Ft Lot

Last Sold August 23, 2024

Last sale price $210,000

Est. 3% decrease in value since last sale

Current estimated payment $1,407/month

36 Days on Market

Highlights

  • Home fronts a canal
  • Cape Elementary School Rated A-
  • No HOA

About This Lot

As of August 2024

SEAWALL in place. This gorgeous Gulf access lot is ready to build on. Located off Gulfstream Pkwy, and in a neighborhood of upscale homes. The width Optimist canal is over 120’ offering amazing views up and down the canal. Only one bridge and within minutes to the Spreader Canal, Charlotte Harbor, Bokeelia, and the Gulf of Mexico. Nearby parks and the Seven Island project. With the widening of Burnt Store Roads, and in proximity to Punta Gorda and RSW Airports. The seller has an attractive home floorplan buildable here or in any of the two other locations to choose from, all of them with a new seawall. Invest or have your dream home in NW Cape Coral, with this being one of the fastest growing Cities of Southwest Florida.

Last Agent to Sell the Property

Rosy Palermo

Palermo Real Estate LLC License #3070317 Listed on: 05/31/2024

Last Buyer's Agent

Ana Saya

Direct Realty Solutions License #3220724

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,402

Lot Details

  • 10,454 Sq Ft Lot
  • 10 Ft Wide Lot
  • Home fronts a canal
  • Dirt Road
  • East Facing Home
  • Cleared Lot
  • Additional Parcels

Additional Features

  • Canal Views
  • City Lot
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 06-44-23-C1-04252.0150

Community Details

Overview

  • No Home Owners Association
  • Cape Coral Condos
  • Cape Coral Subdivision

Recreation

  • Canal Width is 121 Feet or More
  • Restricted saltwater access
  • Seawall

Property Details

Property Type

Land

Est. Annual Taxes

$3,402

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Directions: Heading Burnt Store N, make a Left on Gulfstream Pkwy, Left on 38th Ave. Lot is to the left.
  • Horses: No
  • Inclusions: Restricted Salt Water Access
  • Lot Size Acres: 0.24
  • New Construction: No
  • Road Frontage Type: Paved Road
  • Road Surface Type: Paved Road, Paved
  • Structure Type: Residential
  • Subdivision Name: Cape Coral
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Investment

Exterior Features

  • View: Canal View
  • Direction Faces: East
  • Lot Features: City Location, Dirt, Less Than 1/4 Acre Lot, Cleared, Street Lights
  • Other Structures: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front, Canal Width 121 Feet Or More, Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Cape Coral

Utilities

  • Sewer: None
  • Water Source: None
  • Utilities: Electricity Connected, Electricity Available, Other, Trash Removal

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 06-44-23-C1-04252.0150
  • Additional Parcels: Yes
  • Current Use: Residential, Other Usage
  • Development Status: Other
  • Zoning: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3402

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2025
Sold by
Valemi Properties Corp
Bought by
Forchi Corp
Current Estimated Value
$204,193

Purchase Details

Listed on
May 31, 2024
Closed on
Aug 22, 2024
Sold by
Cape Investments 9 Llc
Bought by
Valemi Properties Corp
Seller's Agent
Rosy Palermo
Palermo Real Estate LLC
Buyer's Agent
Ana Saya
Direct Realty Solutions
List Price
$243,500
Sold Price
$210,000
Premium/Discount to List
-$33,500
-13.76%
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.74%

Purchase Details

Closed on
Aug 27, 2001
Sold by
Rothenbuehler Elsbeth
Bought by
Aqulina Mark S and Aquilina Nancy D
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 Buyer Sale Price Title Company
Forchi Corp $100 None Listed On Document
Valemi Properties Corp $210,000 None Listed On Document
Aqulina Mark S -- --
Aquilina Mark S $25,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $210,000 -4.5% --
07/23/2024 07/23/24 Pending -- -- --
07/03/2024 07/03/24 Price Changed $220,001 -9.7% --
06/17/2024 06/17/24 For Sale $243,500 +47.6% --
04/20/2022 04/20/22 Sold $165,000 -5.7% --
03/21/2022 03/21/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $175,000 -- --
Source: MIAMI REALTORS® 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 $3,544 $171,284 $171,284 --
2023 $3,544 $195,824 $200,430 $0
2022 $1,595 $61,600 $0 $0
2021 $1,325 $56,000 $56,000 $0
2020 $1,263 $52,000 $52,000 $0
2019 $1,203 $55,000 $55,000 $0
2018 $1,171 $55,000 $55,000 $0
2017 $1,087 $50,227 $50,227 $0
2016 $1,070 $55,000 $55,000 $0
2015 $1,008 $52,000 $52,000 $0
2014 -- $40,000 $40,000 $0
2013 -- $32,600 $32,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Rosy Palermo

    Seller's Agent in 2024

    Rosy Palermo

    Palermo Real Estate LLC

    (239) 895-5053

    14 in this area

    100 Total Sales

    Rosy Palermo
    Section Image

  • A

    Buyer's Agent in 2024

    Ana Saya

    Direct Realty Solutions

    (305) 370-9610

    4 in this area

    110 Total Sales

    Ana Saya
    Section Image
  • Patrick Huston Pa

    Seller's Agent in 2022

    Patrick Huston Pa

    RE/MAX

    (239) 222-9676

    33 in this area

    187 Total Sales

    Patrick Huston Pa
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11598617

MIAMI REALTORS® MLS

APN: 06-44-23-C1-04252.0150

Florida Lee County Cape Coral 33993 Burnt Store

1503 NW 38th Ave, Cape Coral, FL

This home is located at 1503 NW 38th Ave, Cape Coral, FL 33993 since 31 May 2024 and is currently estimated at $204,193. 1503 NW 38th Ave is a home located in Lee County with nearby schools including Caloosa Elementary School, Dr. Carrie D. Robinson Littleton Elementary School, and Tropic Isles Elementary 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.

MIAMI REALTORS® 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.

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