NOT LISTED FOR SALE

1518 Santa Barbara Blvd Cape Coral, FL 33991

Hancock Neighborhood

Estimated Value: $291,060

0.5 Acre
$588,000 Price per Acre
21,562 Sq Ft Lot

Last Sold June 26, 2023

Last sale price $120,000

Est. 143% increase in value since last sale

Current estimated payment $1,755/month

Highlights

  • 0.5 Acre Lot
  • Cape Elementary School Rated A-
  • Oversized Lot

About This Lot

As of June 2023

Zoned Commercial C1 within the City limits of Cape Coral, Florida, this parcel is approximately 1/2 acre of vacant and cleared land (21,600 sf) and ready for development. Good access, good visibility and good location in the center of Cape Coral and pinched between Pine Island Rd (SR 78) and Veterans Memorial Pkwy (CR 884). This location offers convenient travel times for employees and customers throughout all of Cape Coral and North Ft. Myers. Future Land Use is CP, assessment payoff is approximately $8,345.00, for water, sewer and irrigation.

Last Agent to Sell the Property

Phillip Van Deems Jr

Phil Deems Real Estate License #252010067 Listed on: 03/02/2021

Last Buyer's Agent

Phillip Van Deems Jr

Phil Deems Real Estate License #252010067 Listed on: 03/02/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,586

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 160 x 135 x 160 x 135
  • East Facing Home
  • Oversized Lot
  • Cleared Lot
  • Property is zoned C-1

Utilities

  • Sewer Assessments
  • Phone Available
  • Cable TV Available

Community Details

  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 65 / 1999
  • Assessor Parcel Number 23-44-23-C3-01999.0650

Property Details

Property Type

Land

Est. Annual Taxes

$1,586

Lot Details

0

Listing Details

  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Lot Size Acres: 0.495
  • Lot Size: 160 x 135 x 160 x 135
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: Colonial Pkwy across the Caloosahatchee River - turn north on Santa Barbara Blvd. traveling 1 1/4 miles -site will be on the west side of the street.
  • Property Sub Type Additional: Commercial,Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: See Remarks

Exterior Features

  • Lot Features: Cleared, Multiple lots, Oversized Lot
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: East

Utilities

  • Sewer: Assessment Unpaid
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Collection, Water Available
  • Water Source: Assessment Unpaid

Condo/Co-op/Association

  • Community Features: Non-Gated, See Remarks
  • Amenities: See Remarks

Fee Information

  • Association Fee Includes: See Remarks

Lot Info

  • Current Use: Commercial
  • Additional Parcels Description: 23-44-23-C3-01999.0670
  • Parcel #: 23-44-23-C3-01999.0650
  • Zoning Description: C-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1586.0
  • Tax Block: 1999
  • Tax Lot: 65
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2025
Sold by
Augustine Vinu T
Bought by
Joseph Sonu
Current Estimated Value
$291,060

Purchase Details

Listed on
Mar 2, 2021
Closed on
Jun 26, 2023
Sold by
K4k Llc
Bought by
Augustine Vinu T and Augustine Geena
Seller's Agent
Phillip Van Deems Jr
Phil Deems Real Estate
Buyer's Agent
Phillip Van Deems Jr
Phil Deems Real Estate
List Price
$300,000
Sold Price
$120,000
Premium/Discount to List
-$180,000
-60%
Views
1

Purchase Details

Closed on
Dec 30, 2022
Sold by
Debra L Gordon Revocable Trust
Bought by
K4k Llc

Purchase Details

Closed on
Jun 18, 2001
Sold by
Cohen Jean
Bought by
Gordon Debra L
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
Joseph Sonu $100 None Listed On Document
Augustine Vinu T $120,000 Superior Title
K4k Llc -- --
Gordon Debra L $81,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Pending -- -- --
06/26/2023 06/26/23 Sold $120,000 -52.0% --
01/18/2023 01/18/23 Price Changed $249,900 -16.7% --
03/02/2021 03/02/21 For Sale $300,000 -- --
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
2024 $2,174 $43,200 $43,200 --
2023 $2,107 $43,200 $54,648 $0
2022 $1,930 $31,625 $0 $0
2021 $1,876 $32,400 $32,400 $0
2020 $1,586 $32,400 $32,400 $0
2019 $1,529 $32,400 $32,400 $0
2018 $1,437 $21,600 $21,600 $0
2017 $1,430 $21,600 $21,600 $0
2016 $1,457 $21,600 $21,600 $0
2015 $1,551 $27,000 $27,000 $0
2014 $1,524 $27,000 $27,000 $0
2013 -- $27,000 $27,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Phillip Van Deems Jr

    Seller's Agent in 2023

    Phillip Van Deems Jr

    Phil Deems Real Estate

    (239) 945-4510

    24 in this area

    68 Total Sales

    Phillip Van Deems Jr
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221015179

Florida Gulf Coast Multiple Listing Service

APN: 23-44-23-C3-01999.0650

Florida Lee County Cape Coral 33990 Hancock

1518 Santa Barbara Blvd, Cape Coral, FL

This home is located at 1518 Santa Barbara Blvd, Cape Coral, FL 33991 since 02 March 2021 and is currently priced at $291,060. 1518 Santa Barbara Blvd is a home located in Lee County with nearby schools including Caloosa Elementary School, Tropic Isles Elementary School, and Hancock Creek 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.

Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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